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A 33-year-old woman created a ‘Single B—h, New House Registry’ and got $4,000 wo...

 1 year ago
source link: https://finance.yahoo.com/news/33-old-woman-created-single-130000080.html
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A 33-year-old woman created a ‘Single B—h, New House Registry’ and got $4,000 worth of stuff from strangers

Alicia Adamczyk
Wed, March 29, 2023, 10:00 PM GMT+9·4 min read
2e4d35a197b172323c49210ecc0da8d9
Courtesy of Christine Hill

When Christine Hill bought her first home in Burlington, Vt., last year, she knew it would be hard to do it on her own. She was single and trying to buy in a competitive market; prices were rising all over the country; and she certainly didn't have enough capital to compete with the all-cash buyers who were becoming more common. Still, Hill had always dreamed of owning her own home. It would provide stability and, she had been told, a path to building wealth.

But this past year has shown just how taxing it can be to be single and trying to achieve the American Dream.

Hill put around $22,000 down on a two-bedroom home, which she says was most of her life savings. Her monthly mortgage payment is over $1,000 more than what her rent was. And then there are the renovations. Real estate experts typically advise to plan for surprise expenses when you buy a home; there's always a new project to undertake. Still, Hill has spent around $30,000 remodeling the first floor in just the first year of ownership—a lot of money, even if you're expecting the unexpected.

To complicate matters, Hill didn't have many belongings. She and her partner of four years split when she started her home-buying search; they previously lived together, and most of the kitchen equipment and utensils were his. When she moved in, she didn't own pots, pans, plates, or even a can opener.

If she was getting married or having a child, she’d be able to create a registry and benefit from the generosity of family and friends. But she was frustrated that there was no way for her to celebrate after reaching arguably just as big a life milestone, albeit one that didn't involve anyone else. She posted a video on TikTok to hash out her feelings with a community she knew would understood.

"I’m about to go from $800 to $2,350 for my mortgage, and there’s zero social justification for me to ask for anyone to help," Hill tells Fortune. But "I will never need help more than I do right now." After she posted the video, some commenters encouraged her to create a registry; she did and received two packages.

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