Asked on 18 Aug 2020
Is it strange to have this kind of thought? Or maybe we would still purchase a house but rent it out for passive income and continue to stay with my parents/in-laws.
That’s actually a great thought! It’s definitely not strange, just a matter of personal preference and family dynamics.
Most people nowadays probably wouldn’t even consider staying with their parents/in-laws because they want their own space and freedom.
But choosing to stay with parents/in-laws not only helps you save a sum (to invest as well), but you guys get to look after one another as well!
The older generation tend to prefer the house to be ‘rowdy’, they get lonely after their children move out. This way, you and your husband get to look after your parents/in-laws physical and mental well-being as well.
And if you guys choose to have kids, your parents can help look after them too. This not only helps you physically and financially, but might also help your kids pick up their mother tongue more easily and forge stronger family bonds as well.
Purchase house then rent out. Live with parent/in-law can help u take care kid, money save in childc...
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