OK, I just want to rant this morning because I found out that yet another family that I know is moving up to a really nice large house. They moved from their 2500 sf house (which was already nicer than ours) to a 3600 sf house on 1/2 an acre in a neighborhood where the houses cost $600-800K (median home price in my area is around 225-250K). These are people in the exact same situation as us, the wife stays home with the kids (well, they have 3 and we have 2), and the husband works. I see this happening more and more, these people (some of them younger than me!) in their mid-30's moving into luxury homes. Meanwhile, I'm 37 and we have lived in the same 2100 sf house on 1/5 acre for 10 years!
My husband makes good money (we're into 6 figure salary range now)...why do I feel like we still can't afford to move while other families in similar circumstances are buying houses that cost 2-3 times as much as ours? Waaahhhhhh! I want a big new house too!!!!!
I've always felt like we do the right things financially...we contribute to retirement accounts as much as we can, we donate generously to worthy causes, we only have one car payment at a time (not a luxury vehicle), we don't take luxurious vacations...but to buy a big house like that we'd have to triple our house payment and that would mean half of DH's take home pay would go to the mortgage. How do other people do this? What the hell are we doing wrong?
ETA: I just googled this family and the dad is only 31 years old! And a 650K house! I feel like shit!