So when I retire, and my oldest is out of the house to college, we are thinking we could rent that particular part (at a very reasonable rate to people we know). It is part of the house, so I can't sell it separately.

If you don't need that space, then you might as well sell it and let another family make use of it instead.

Yours is not a unique situation; a lot of older people downsize when their kids move out, and they have a lot of extra rooms and space they no longer need. Its the right decision anyway, as you're now free to be more mobile, and get rid of all the years of accumulated junk.

[–] ipkpjersi@lemmy.ml 2 points 2 months ago (4 children)

So you're saying that person should sell their house because one of the rooms is unoccupied? What if their oldest loses their job and can't find a new one, but has to move back, and then can't because they downsized to a smaller house?

I'm not so sure that is a great solution.

[–] IttihadChe@lemmy.ml 6 points 2 months ago (1 children)

What if their oldest loses their job and can’t find a new one, but has to move back, and then can’t because they downsized to a smaller house?

What if their oldest loses their job and now for no fault of their own the renter is suddenly forced to find a new place to live to accommodate the landlords son? But they've been spending their money on rent so they don't have enough savings to find a decent place?

[–] ipkpjersi@lemmy.ml 1 points 2 months ago

I will admit that's a good point, although hopefully there would be laws preventing an eviction without notice, but you're right it would be a bad situation, it would definitely be disruptive.

However, there are people who prefer to rent because they prefer the freedom from place to place, I think that's worth acknowledging too.

Although I think you're right.

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