Skip Navigation

Who has settled down for good? R u still renting?

Travel Forums General Talk Who has settled down for good? R u still renting?

Page
  • 1
  • 2

Last Post

1. Posted by Kathi20 (Respected Member 270 posts) 9y

As we've just bought a property and are going to spend a long time paying off the house we r going to build, I was wondering how many people out there, have already settled down (for good), but are still (planning on) travelling.

I kind of know, that we won't do a 'typical' RTW trip soon, maybe we'll never do it, I don't know...

it doesn't make me unhappy at the moment, as I'm enjoying being at home, I'm happy that my husband can live and work here and that we both have an income. I'm also pretty relaxed, bec I know that we will always be able to do smaller trips. And it's true: I know other countries better than my homecountry, so why not do things here first (Austria, Europe etc.)?

R u renting so that u can leave whenever u feel like it? Did u buy a house, so that you can own something in the end and 'fulfill a dream'? Do u never wanna buy anything, bec it 'ties u down'?

would be nice to hear from u and the choices you've made.

2. Posted by Sander (Moderator 4808 posts) 9y

I'd have some trouble getting a mortgage and buying a house since I'm running my own company (and have only been doing so in this country for two years, which is not enough for banks to trust you have steady income), but even without that I'd be renting. Not so much because owning a house would prevent me from travelling, but because I don't know if this is the country I want to settle down in long-term. There's so many appealing places out there in this world (and so many bad laws and privacy-eroding measures being enacted in this country) that I want to keep my options open and want to be able to just pick up and leave on a moment's notice.

The thing that prevents me travelling more than anything else is my work, but on the other hand, when I really want to take off, it does enable me to just do that. (A three month Peru-NewZealand-Australia-Thailand trip for next year is getting ever more likely, and I'm seriously pondering a year in Canada for just before I turn 30, assuming I can work out a way to make that work tax-wise without ruining the company (can you put a company in hibernation for a year and just pick up again where you left off the next year? I don't know, but will have to go find out...))

I also have to say that when I'm not travelling, I do work on tying myself down to this house (rented or not) and neighbourhood ever more tightly. I'm not planning on settling down just yet, but if I suddenly decide that settling down is what I want to do, I'll want to be able to actually do that. :)

3. Posted by Kathi20 (Respected Member 270 posts) 9y

Quoting Sander

... if I suddenly decide that settling down is what I want to do, I'll want to be able to actually do that. :)

I think that's what we are ready for right now... and the day my husband will get austrian citizenship I guess we will take the world map and have a look where we wanna go and travel... and then have a look at our bank account and decide what we actually can do *g*

by the way I love your style of writing and so many of your photos are just amazing!!!! nothing to do with the fact, that we used to live in NZ... (it just made my heart ache a little bit) :(

4. Posted by Utrecht (Moderator 5595 posts) 9y

How about coincidence:
My girlfriend and I just bought a house in Utrecht this Monday! It is an older but well maintained house, built in 1931. It really looks great. Don't like those newly built neigbourhoods, so chose for this one.
So from now we have a mortgage (we already had a small house, bought by my girlfriend 6 years ago), I won't tell you all details about this tough....all I can say is that it doesn't come cheap;)
On the other hand, luckily there is money and time left for other things as well. We really want to do lots of other stuff as well, like travelling.
Don't see why travelling is over after you bought a house or so. I won't travel less or more now, because basically there are no restrictions right? I mean, when you just have a kid, that gives more restrictions.

Settled down on the other hand is a term I would not use. We can always move again to another house, another city, another country if we would like that. Just sell the place and make sure it is possible when choosing your mortgage details.
Buying a house doesn't mean you can't migrate anymore, wouldn't know why?

So, basically Kathi yes: settling down and travelling: perfectly possible! I mean, technically speaking you would be a clochard if you didn't

5. Posted by Kathi20 (Respected Member 270 posts) 9y

apart from the money issue (when u buy a house for example), settling down means for me: u live somewhere for many years (forever?). Somewhere where u've got work and a good way of life.

In the last few years I quit my job many times, sold things (or let's say tried to sell things, gave them away for nothing more or less), moved big time etc. Now I just don't wanna do it anymore. Of course you can buy a house, sell it and move somewhere else, but we've been through most of it and at this stage I've got enough.

Espcially since it is not always easy to get a job. Now I think twice before I leave everything behind, just to go on another adventure (which might not work out in the end). Once bitten twice shy? or just having enough for the moment, hating the thought of starting all over again, struggling again with visas etc.? I don't know...

My biggest dream would be a RTW trip. But for that weboth would have to quit our jobs... like I said, nothing I wanna do at the moment (imagine coming back and both of us being unemployed... no money left...). There's no chance you can go on holiday for a few months, even if you try to travel 'around the Globe' as quickly as possible...

kids... that's another point... settling down includes having kids at some stage (for me)... and travelling with them is definitely not as easy as when u r only a couple...

yes, 'travelling' and owning a house is possible (if the finances r right), but real travelling for me is more than a week or 2... maybe one day we will have a job, where it is not a big deal to be off for 3-4 weeks ...

That it will cost more to travel 3-4 weeks once a year than going on one big RTW trip, is something I think everyone is aware of... but maybe by then flights will be cheaper and we will be able to fly to Aus for 300Euros

check out the 'Couch Surfing' thread... if I can't see the world, the world can come and see me
always stay positive ;) there's a solution to everything

6. Posted by samsara_ (Travel Guru 5353 posts) 9y

Hi Kathi,

I understand how you feel about it, but I don't believe that owning a house somewhere necessarily means that you are tied to that place. There are very few things that are permanent unless you want them to be.

I'm 28 now and I'm usually either renting somewhere or living with my parents if I'm trying to save ;)

Because Ireland came through such an economic boom in the last 10 years, there have been quite a few times in recent years when I've had the "house" conversation with my parents, who've encouraged me to think about it seriously, even offering to help me out with a deposit for a mortgage.
But something within me has always shied away from it, attractive a prosect though it is. (No-one really wants to be living with their parents at 28). As it turns out though, house prices are really dropping here now, and I may be better off for not having done so. A lot of people who bought a house as an investment could be left in negative equity if the economy slows significantly apparently.....

Like Sander, I still haven't figured out where I might like to settle yet. Deep down I know that I will eventually come back to Ireland, but to be honest it's not somewhere I really want to be now or for the immediate future. So, buying a house seems more like a burden to me than an investment at this time in my life. I'm too restless to be in any one place right now.

That said, it must be a nice feeling though to have your own place :) Renting is such a hassle really and it's just dead money. Owning a house, however limiting it could be, provides a great security too. And if you and your partner ever decide that you just want to up and go, you can always just sell I suppose. A lot of people re-mortgage their houses to fund RTW trips etc, but I suppose that's something you'd rather avoid if possible.

Anyway, very best of luck in your new home. I'm sure there's a lot of excitement wrapped up in designing and building your own home. And just remember, nothing's forever! There's always those shorter trips away to look forward to! ;)

7. Posted by Utrecht (Moderator 5595 posts) 9y

Quoting Kathi20

yes, 'travelling' and owning a house is possible (if the finances r right), but real travelling for me is more than a week or 2... maybe one day we will have a job, where it is not a big deal to be off for 3-4 weeks ...

That it will cost more to travel 3-4 weeks once a year than going on one big RTW trip, is something I think everyone is aware of... but maybe by then flights will be cheaper and we will be able to fly to Aus for 300Euros

I guess I am lucky having about 10 weeks of holiday a year, which gives me the possibility of going longer on some occasions when it's needed (like Australia).
If money is a problem, than of course the bigger expence s*cks, on the other hand, many people travelling for months do not travel at all the year before and after. So spreading the holidays could be nice as well.

And please let's hope it won't be that cheap....It would be very painful to see some people go to Australia which are usually found along the beaches in southern europe....

8. Posted by tway (Travel Guru 7273 posts) 9y

I bit the bullet last year and bought a condo. Once I calculated everything, I decided to get a smaller place (1 bedroom), in a decent but relatively less expensive area, I bought 9 months before the thing was delivered, and as the first buyer I had a little wiggle room to deal. All to say - I got a good deal on a nice little place. I truly believe in living below your means - no way I was going to sit at home and eat hotdogs for 5 years. Plus now I'm investing in myself and, hopefully, I'll be able to sell at a profit when it's time to move on.

9. Posted by Purdy (Travel Guru 3546 posts) 9y

I bought my house 5 years ago for a pitance really and now if l was to sell it l would make a very tidy profit!!!!!! For my 2 bed terrace house the mortgage is ALOT less than renting is - but then again l struck it lucky and bought before the housing market boomed in Belfast - l would hate to be looking to buy a house now nothing under £150K/$300K really, l dont know how first time buyers actually do it!

10. Posted by samsara_ (Travel Guru 5353 posts) 9y

Quoting tway

I bit the bullet last year and bought a condo. .

Hey, congrats T! ;)