We also paid all cash for our place. Looking at what our bills are currently, and adding a mortgage to it, I think we'd be living much closer to paycheck-to-paycheck if we had that over our heads. Very happy that we lived frugally for several years and were able to build up enough savings to pay for our place outright.
The key in our situation is we went for a townhouse, which for whatever reason seems to knock 30-50% off the asking price. I guess people really don't like stairs and living immediately next to people.
Hah, in our case the key was going for an old but very small farmhouse, about a 15-20 minute bike ride from a train station so if needed car-free commuting could be doable (albeit not ideal). Most homes here are semi-detached, meaning you have party walls.
I love living next to good neighbours. It's tough to know what you're going to get before moving in, though.
The key in our situation is we went for a townhouse, which for whatever reason seems to knock 30-50% off the asking price. I guess people really don't like stairs and living immediately next to people.