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Looking Forward|Pad Patter 8.3.17

Considering I despise moving and our current lease is up in April 2018 I don't plan on moving again...but it's only August and things could change!

I'd like to stay in this house/are until the youngest finishes 8th grade, so 9 years, but we shall see.
 
I definitely put down roots. My grandparents (who raised me) lived in the same house for 14 years of my growing up (they lived in the same house for 4 years previously). When I got married; we lived with my in-laws for a year while we built in our house. We moved in our home July 1981 (my daughter's first birthday) and we have lived here since. That would be 36 years (I am way to young to have a 37 year old daughter or at least I think I am). We raised our 2 children and are now making wonderful memories with our 8 grandchildren so I don't envision us moving.
 
I am a stay-put person. I lived at one home growing up.... a mix of places throughout college, but usually for more than a year each. Then when DH and I bought I first townhouse, we stayed for 9 years. We moved to a house and have been here since 2012. We will stay for awhile, and possibly expand a little bit. Then, who knows.... and it will depend on kids, grandparents and friends. I know I want to be somewhat near them.
 
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oh things have changed so much in my life... I wouldn't have committed to even a year when I was in my 20's and 30s...now? we have been in this place 16 years, and we always say with Sarita that even if we win the lottery, we would buy this place....we love it here and so many memories...we went through some life meaningful events which attached uis to here... :)
 
We are in a rental house that I hate (the worst one we've ever lived in, really) and our lease is up in January. I really want to move elsewhere, even if it's just another rental house, but DH wants to stay put until we can afford to buy a house. He's got a great job but with all of the expenses related to his son (who does not live with us) we won't have enough saved up for a down payment by January. It's also a terrible time to move up here since we get lots of snow in January and February.

Ugh. It's a very old 900 square foot house and it's an hour drive roundtrip twice a day to take DD back and forth to school since we live out of district. I hate it.

We will definitely only be here one more year (through 2018) before we were to buy a house of our own. Considering I have moved 10 times in the last 15 years, I'm ready to stay put somewhere for a good long while!
 
I think 2 years is a reasonable lease. I only lived in rentals in my first marriage because we rented an apartment when we got married but then moved to a house in year 2 when we had a baby. Overseas we either had housed that Uncle Sam provided or we rented on the local economy ...not sure whether those were 1 or 2 year leases. In any case, because the housing market was so good I often moved after 1 year when a house I liked became available.

It took me a long time to get used to being in one place and I've now been in my current home since I sold a bigger one and bought this one in 1987. Frankly, I'd love to move somewhere else but when I really look at it, anything else would be more expensive for a smaller house, taxes would be higher and LOL we never lose electricity because we're on the same grid as the police. We just have too many advantages here.
 
cookingmylife said:
we never lose electricity because we're on the same grid as the police.
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Our house we owned was awesome that way! We weren't on the police grid, but we were in the same grid as the library, a Wendys and a few other businesses. And next to the grid with a grocery store, pharmacy, and more business. And the grid with the fire station. Our power was back up pretty quick when it went out.
 
In Ontario, you usually sign a lease for one year (occasionally different lengths of time). After that, there's no new lease. You just roll over to month-to-month. From that, you need to give one month's notice to leave, and the landlord can raise the rent once a year on your anniversary. In Ontario, as of this year, all rental units are also subject to limits on how much a landlord can increase the rent. Unless there are extraordinary circumstances (i.e. major renovations), landlords can only increase the rent by 1.5% in 2018. It's set every year based on inflation.
 
My parents moved into their home when I was not yet 2yo, so it was (and still is) the only "childhood home" I remember. We've moved 3 times in 10 years--twice in the past 3 years cuz we wanted to rent for a year before buying since we didn't know the area. We've owned this home for 2.5ish years. Or in all honesty, we've been paying the bank back for 2.5 years. ;)

It's our first home but it's huge and on a nice plot of land and the idea of calling it our "starter home" makes it sound like our next one will be a mansion, so ... nope. It's probably our forever home, even if I don't want it to be lol. So, while DH swears we won't move for at least 10 years cuz he's just over moving, TBH I'd move now, but I want to move to a different state, where our dollar certainly wouldn't go as far as it does here (which still isn't very far). But...there'd be no point cuz we're in the best school district and a wonderful neighborhood. Why leave?

But as far as renting, we were lucky cuz in Houston we signed a year lease and they let it "expire" and we just went month-to-month with the same rent. They didn't raise it in 4.5 years. When we moved into a rental here, we were honest about wanting to buy--we even asked if he'd sell to us but he wanted more than we were willing to pay. We expected him to demand we sign another year-long lease, but he was really chill and let us go month-to-month with the promise we'd give him 60 days' notice when we did buy a home. Our lease was up in Feb and we gave notice in March; it would have been so annoying if he had forced us to sign a year lease in Feb! We got such a good deal on our home. (Our home never even officially went "for sale": we did a pocket sale with the former owners, who needed to sell asap cuz they were divorcing. A mutual friend set us up.)
 
Juliestcyr said:
In Ontario, you usually sign a lease for one year (occasionally different lengths of time). After that, there's no new lease. You just roll over to month-to-month
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That used to be how it was when I first started renting. But now, more and more rentals are all corporate owned. Our last 2 apartments if we didn't renew the lease, we paid a premium fee to be month to month.

Juliestcyr said:
Unless there are extraordinary circumstances (i.e. major renovations), landlords can only increase the rent by 1.5% in 2018
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This would be amazing! Right @jesskab ?
 
@bestcee shoot, I forgot to say that in rental terms, 2 years seems long. If you know you're going to stay and if you know the landlords and/or owner are nice/competent/whatever, then 2 years isn't a bad idea, esp if the rent is good.

And let's not forget the average (US)American moves every 5 years. 2 years is 40% of that time. Just saying. :)
 
If I had to lease I would probably do a year at a time. I actually think I might like the freedom of knowing I could move if I wanted to.

We've lived in our house almost 2 years. Our house before that 8 years and our house before that 8 years. When we built this house it was going to be our "forever" house...but we've already talked about "when" we move again. We are thinking of my husband's job, our kids education, resources for our deaf/hoh kids...in some ways we wish we had more freedom to move. I think if we were leasing/renting that we would choose to move closer to better resources for our family.
 
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