Big house versus small house!

A person can only be in one room at a time. A very rich person is likely to have a house much larger than his or her needs. He or she might employ a maid, a cook and a gardener. The bills would be a lot if a house is extremely large. Some middle class people had large houses and a high mortgage. They had been earning £90,000 a year but were made redundant in the recession. One of them looked for another job but wouldn't take up a job paying £20,000 a year. It is better to have a small house and to have to save money to decorate it. Then the owner can clean it, decorate the inside and look after the garden. I think a bedroom for each child in the family is lovely. So I would like a four bedroom bungalow considering I have a disabled son. Money doesn't make a person happy. I see property programs where the house hunters are very fussy. Even the most special and wonderful house isn't good enough for them.

I completely agree with you at the same time I like to add a few more points. A house is a fixed asset which cannot be converted to cash easily once invested it remains invested so why invest a large sum of money when all that you need is a 3x3 feet to take rest.Mr. Buffet is one of the best investment planner the world has ever seen and so may be he has decided to not invest much in his house but at another venture which will give him good return a house won't give him that unless he decides to rent it out to somebody.One can show off his status and position even by having a house which is not like a palace but which has enough room to accommodate him and his family.Even I like to have houses that will just be enough to house my family and not palatial buildings.

why do you think Warren Buffet's so rich? He isn't spending to keep up with the Vanderbilts! :-)

hi vandana,Your policy is the best to follow any body.40 storied building for Mukesh Ambani...Mittals house in U.K.,....its all becoming exposing their financial statuses...nothing more than that.Really 3-5 rooms in a house with small garden is enough to spend comfortbly and maintainence also easy.But people are giving priority to expose their status.... Have a nice time.

I think it is stupid. Who wants to live in an big use and stand a good chance of getting lost in it?? I don't even one for free. TATA.

I am of the opinion that going for a big house is not just a matter of pride but the importance should be given to the locality and neighbourhood and the requirement for us as The More bigger shoe the more polish is required

i like small house more,... so that i can see my beloved every moment!

hi vandana madam, I know about Warren Buffets's in shares,he have earned a lot in shares,he is famous in shares and he is father of the shares,one should enter shares,he must know about warren buffet,regarding the hotel with relatives,where is the time and money with me to enjoy all the things with relatives,but mostly there are very very less guests relatives comming to my family,have a nice day

Money has hot reaction. When someone gets more than enough money. He or she can't check himself or herself. By any means that person will try to show that he or she has enough money. Your story of 5 bedrooms is like that. This can be called as craziness of a moneyed person.

I've never owned a mansion, but I did own a 12 room house a few years ago. And hated it. I felt with all of the time spent cleaning and maintaining that I was attached to the property with a ball and chain. Even if I was wealthy, I don't think I'd like maids, I just value my privacy too much. Now I have a much smaller home, and much happier with it. As I get older, I prefer smaller and simpler, so that I have time to do the things I really enjoy...like myLotting.

Hi Vandana......Exactly my views too....I am a practical person and I feel maintaining a large house is no longer a sign of luxury but is rather a life of drudgery because of the enormous amount of time and money that has to be spent in cleaning and maintaining it.....And with the difficult in getting reliable domestic help,the task becomes even more cumbersome...And yes.....a big house is an open invitation for unwanted relatives to burden themselves on the mistress of the house,and that too indefinitely.....he..he....No wonder,the new flat owners are promoting one bed room flats ,which is cost effective and compact.....he...he....

i think there is a single room is enough for a person to live well. and as you are talking about warren buffet. there is no words needed for him to define. i think to maintain a big house is not easy. and when you have a small and enough size house then you will be in your home really. i mean there is no mean if you have a big house where you cant be near your family members. so when you are in a room with your family it becomes home. else i think the earth is my house.

House is shelter for humenbeings, if a house is sufficient for us then we should not worry about its size. every must be happy, cheerful and helpful toeach other then it makes house more beautiful

the only reason to have a large house is if you're going to use it. if you have fifty bedrooms and never use more than one, then what is the point? now, if you're going to always be having guests over or you somehow want to take care of orphans or something awesome like that then you have a different story. you can only use so much stuff on your own and i'd hate to live in such stupid luxury when i know about all the poverty in the world, it would be great to make a real difference with such cash overflow.

It isn't just the billion or millionaires who buy outsized homes. Right now we have people with only one or two kids buying six bedroomed homes or bigger! Why? I've always said that if I won the lottery I wouldn't want a big house, just a BIG ENOUGH house with lots of land around it.

hi,vandana,some how i like small house,may be because of sentiment that elders says, if we stay in small/tight to arrange household goods,money[Lakshmi devi] will prevail with us..i don't know how far it is true... Second most is cleaning our house is easy and we can make it neatly within seconds... happy mylotting.

Do not be worried unnecessarily about the cleaning etc of big houses of the nouveaux rich!!! After all ( at least in India)I do not think they have use their own money to indulge- it is all at the cost of the shareholders ( including the chores you mentioned)and the companies they head, and the so called charities they flaunt is again the share-holders; were they really so big- hearted you would have seen them spend money at least on charities very anonymously( which they don't)without using their name and this publicity is good for their PR - so the more they and their lifestyles are in public the better for them!!What privacy then though they may say so in public. I am saying this because I happened to know much earlier & personally some of these people in Mumbai( who are now of that class you mention) and now that they have reached in life they do not even show in public they know me or our common friends, although in private they still talk!! What hypocrisy!! I know this was not part of your discussion but such double standards boils my blood!!!

hell0! well, i have always dreamed about a big house with 3-4 floors, a big yard and a garden with a summer-house, but as some of the users said, it is really harder to have a bigger house because it requires more cares, but I really think that people who can afford to buy a big house, i mean a really big one, like the one you have mentions( with 5 bedrooms) then I think that they can also afford a man/woman to be responsible for the cleaning and the maintenance of the house, and if someday i hae money enough to afford it, i would buy a big house for me and my family

Hello Vandana, after retirement i built two homes on my paternal land, i dismantled the old ones and rebuilt, both are double storey buildings, i spent all my savings, my pf money etc, we are staying on the ground floor of the bigger one, it has rooms for me and my wife, for my sons and two guest rooms, rest i mean the upstairs of this house, and both stairs of the other are given on rent When guests other than relatives or close friends come, i entertain them in a hotel usually. Happy posting, cheers Bhuwan

I used to think that I had to have a really big house to be happy! My thinking changed when I got that house and realized all the work that came with maintaining it. We have since downsized, and between the time I save on cleaning, and the money saved on utilities, the larger home just isn't worth it! If I have guests come to visit, they can easily stay at a hotel/motel in the area, and we can both have our privacy.