I was scrolling through houses on the internet recently, as I am wont to do, and found an astounding price on a home a few miles north of us. “Astounding” as in $100K cheaper than the other homes for sale in the neighborhood. I assume it was a foreclosure, and as I scrolled through the photos, I was amazed at how genuinely beautiful the house still was–even with carpeting pulled up, and flooring missing in some rooms, you could see it was going to be a gorgeous home for someone; probably very soon. Someone, somewhere, is about to get an amazing bargain.
I do wonder about the consequences of that choice, though. If it’s a family who will slide right into the neighborhood effortlessly, or if it’s a family trying to reach up, just a bit, and finally score a house “in that neighborhood;” a house that would normally be out of reach but which suddenly is surprisingly achievable. That house purchase could start the dominoes falling…
Now that they have a bigger house, in a nicer neighborhood, they have to furnish it, and fill those extra rooms they didn’t have before. Then they’re sending their kids to school with other kids who are better off than they are, who have x and y and z, and suddenly they feel the need to get the same for their children. Every day they’re surrounded by people who have “stuff” they don’t have, “stuff” they aren’t able to afford….but somehow that doesn’t stop them from buying it.
Maybe not. Maybe the house will be filled with the “just-right” family; a perfect fit. Or maybe it will be filled with a family who truly doesn’t care to keep up with the Joneses. I just hope whoever moves in thinks through their decision. It could be a really expensive bargain.