Home is where the heart is. As long as it feels right, it is right. Money does not matter as long as you can swing it!
+1 Such a wise statement!
As you all probably know by now, I *love* living in my Dream Home that I bought back in 2015. It's just right for me, I love it, it's already fixed up for the elderly and disabled (who knew I'd like those grab bars so much?
), and best of all, it's next door to Frank's house.
The best part of every day is awakening in the morning and realizing once again that I am still here in my wonderful Dream Home.
Like in many locations, real estate prices in my neighborhood jumped upwards a while back. It was a hot sellers' market for a while. Seems to me that by now, fewer homes are available in our neighborhood, prices have stabilized, and they aren't selling nearly as fast. Makes no difference to me! We plan to never move, and to age in place in our homes.
According to realtor dot com, my house is presently worth about 17% of my net worth (excluding SS and pension). But really, it doesn't matter if it's 5% or 95%. I have it, I love it, and I have enough other income (from portfolio, SS, mini-pension, etc.) to handle my other expenses.