More thoughts on becoming a homeowner
I can't believe anyone would enter into this blithely. I can't believe that anyone was EVER allowed to buy a house with no money down. When you hand over a large sum of money and get a house in return, you are essentially handing over a big old garbage bucket filled to the brim with all the aggravation, boredom, frustration, and disappointment you've ever felt at work, and you are getting god-knows-what in return...something that looks good, something that the inspector says is okay, but you are getting a big honking expensive unknown.
Also, you are getting a neighborhood. You are getting neighbors, and you are getting the legacy of their decades-long disputes. You are getting 2-way stops that should be 4-way stops, and soon-to-be abandoned Catholic churches. You are getting empty storefronts that may or may not be filled anytime soon, or with anything useful. You are getting a new array of restaurants and shops that you may not like as much as the ones in your old neighborhood. And when you buy in the winter, you are getting a leaf-raking project that you can't even imagine yet.
I can't believe that anyone would buy a house without understanding that they're getting the neighborhood, and that they've got a huge stake in it, and they're primarily responsible for keeping it running, patronizing the local businesses, and making sure their neighbors aren't suffering. It's like getting married and not realizing you're getting in-laws, and they're forever.
Sigh. Sometimes I wish I could just think about paint colors.