I'm an only child. Buying a house with my mom felt like the smartest way to prepare for both our futures.
I recently bought a house with my mom. It's more affordable than I imagined, and I love that we'll live together when I have kids of my own.
Last year, Kate Donati and her mother decided to purchase a house together, despite not being natural roommates. Kate, at 28 years old, never imagined owning a home, but the shared living arrangement has turned out to be a cost-effective way to prepare for both their futures. As an only child, Kate had limited experience sharing a bedroom or bathroom until college, making the idea of cohabitation initially challenging.
However, pooling their resources to buy the house and split the bills has proven to be a prudent financial decision for both of them. Kate shares a 1,500-square-foot house with her mother, paying less in monthly rent than she would in a 900-square-foot apartment she previously lived in. Although there have been occasional disagreements, such as deciding where to have meals or her mother's preference for a bare wall over a blank canvas, the arrangement has ultimately been a smart choice for their futures.
Living together allows Kate to experience a live-in parental pressure valve and provides a home base for her mother's future travels.
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