Having a bit of a moment 😁
So we've spent more money on our 3 bed house than we had initially planned, it was a complete doer upper and initially we had planned to live in it for 5-7 years. Well time has gone fast, we are coming up to 6 years now, the house is much better, and I- think- were happy here but it's quite small and were thinking of expanding our family further very soon (3 to 4) and although it's a 3 bed house the 3rd room is miniscule so 2 children would likely have to share rooms. We have a small garden but big enough for children to play, great location with a nearby park and close to a train station.
The thing is, to upsize would cost a considerable amount more, prices seem to have rocketed and even a house 100k more than this would wouldn't actually get us much more in the same area. We could afford it but we wouldn't have the same disposable money, and would likely need to save hard for a few years.
I like having disposable money but I also feel guilty having 2 children in a house that's small. For reference it's about 1100sqft (I am not sure if this includes the garage).
It got me thinking about childhood, I grew up in a smaller size house (900sqft) and I can't remember ever feeling miserable living there (I had the boxroom), we were lucky that my parents had enough money to take us on an annual holiday usually in Europe)
I dont know, pondering on what would give my family a better quality of life, a bigger house or more disposable money for holidays, toys etc
Interesting to hear from others if you dont mind sharing your thoughts whilst looking back on your living accommodation growing up!
Can't see either of our salaries jumping anytime soon but perhaps in 5 years or so?