How many homes in a lifetime?

Mr_Matey

Hi all,
As a future FTB, I'm interested to know:
a) how many homes have you owner-occupied in your lifetime?
b) how long did you stay in each?
c) why did you move?
d) At what age was your first home?

For other future FTBs what do you think your first home will be and how old will you be?

It should be interesting to see how recent market movements have changed everyone's purchases or expectations.

In my family, who are all in Aus:
Parents - first home about 30
1) 4 bed house (9 years)
2) 5 bed house (14 years) - job in new area + larger family
3) 3 bed apartment (12 years, no plans to ever move) - kids moved out/lifestyle

Brother 1 - first home 26
1) 3-bed house (13 years no plans to move)

Brother 2 - first home 34
1) 2-bed terrace (3 years, may need to upsize due to children)

Sister - first home 23
1) 2-bed terrace (5 years)
2) 3-bed house, extended to 4-bed (6 years) - moved due to children

Me (future FTB) - future home age 35?
1) Most likely a 4/5 bedroom house in the burbs of Sydney. After I'm done working overseas/travelling and when prices are reasonable again (hopefully!)

The big difference is between me and my sister. She started a family early, whilst I sat out ridiculous house prices and decided to move overseas for a bit.

If house prices were "normal", I probably would've bought a 1-2 bed unit aged 26.

Thrugelmir

Answering your questions isn't straightforward.

I moved amongst other things for.

a) Work
b) Divorce
c) Moving in with partner.

My favourite house I may have stayed in for 50-60 years if i lived a while, but life's a !!!!! and you never know whats round the corner.

Mr_Matey

Thrugelmir wrote: »

Answering your questions isn't straightforward.

I moved amongst other things for.

a) Work
b) Divorce
c) Moving in with partner.

My favourite house I may have stayed in for 50-60 years if i lived a while, but life's a !!!!! and you never know whats round the corner.

So it may look something like
1) 2 bed unit - 2 years
2) 2 bed unit - 3 years (moved for work)
3) studio - 2 years (moved due to divorce)
etc...
total 5 properties.

JonnyBravo

Mr_Matey wrote: »

Hi all,
As a future FTB, I'm interested to know:
a) how many homes have you owner-occupied in your lifetime?
b) how long did you stay in each?
c) why did you move?
d) At what age was your first home?

a) 2
b) House 1 1998-2004 (2bed Victorian terrace converted loft in 2000 to add beds 3&4) House 2 2004-Present (2 bed semi added ext for beds 3&4)
c) More space, good investment, more scope to change things to how we want
d) 28

kennyboy66_2

a) 2
b) First one 5 years, 2nd one 10 years & counting.
c) Bigger plus garden (1st was a terrace)
d) 28

Would expect to be in current one for at least another 25 years, unless prices really crashed and I would consider trading up.

Really2

a) 2
b) first 7 years, 2nd current house nearly a year
c) bigger house flat garden, trying to avoid some of the crash
d) 25

Dont think I will be moving now untill I need to downsize (touchwood)

purch

A) 10
2 1/2 yrs, 2 yrs, 2 yrs, 2 1/2 yrs, 2 yrs, 3 yrs, 2 yrs, 5 yrs (in U.S.A), 2 yrs, 4 yrs (currently)
C) Hated Essex, Dad died moved closer to Mum in Surrey, Wife wanted to move back to Essex so we moved to Kent, Moved back to Essex, Divorced, Bachelor Pad, Married, House too close to main road, Emigrated, Business went t*ts up moved home, hated Minehead.
D) 21

PasturesNew

a) how many homes have you owner-occupied in your lifetime? 3: mobile home, SO studio, proper house
b) how long did you stay in each? 2 years, 7 years, 7 years
c) why did you move? got offered the SO studio; moved 300 miles away; saw the crash coming and couldn't afford the house (no jobs where I was) and didn't want to get stuck in it for the next 8 years
d) At what age was your first home? Depends if you could my first two, so for all three: 29ish, 30ish, 40ish. So 40ish to actually have a proper/whole house.

Degenerate

a) 1. (3-Bed semi with garage, Surrey)
b) 10 years
c) N/A
d) 22

chucky

a) 4
b) 2-5 years
c) bigger or nicer located property
d) 22

System

I've lived in 9 different houses while living with my parents.