Pot committed
Monday, August 31st, 2009There is a point in poker where you have played so far into a hand that the percentages are high enough based on what you have bet and what you can win, that it starts to get close to even odds when you have a good hand. So you just keep playing into the hand because you are “pot committed.”
That’s my house.
Even with all the crap in the housing market, it’s probably worth more than what I owe by a longshot due to overpaying the mortgage for almost 10 years.
But my roof is the next time I have to call the housing god’s bluff. I need a new one. My head spins with numbers over it trying to figure out whether I want to call the bet.
Here’s the bet…if I do it, I own this house forever. If I don’t do it, I need an exit strategy. But if I own this house forever, I am still willing to not live here and exit into something else.
So after weeks of figuring it all out…I am pot committed to this house.
The upside…it will be paid for before Big A goes to college. Plus, it’s got all my stuff in it. I really don’t ever feel like moving again. I mean, there is a weird part of me that looks at my couches and thinks, “To hell if I’m ever figuring out how to get THAT back out of here.” I’m not kidding. I moved so much between high school graduation and when I moved here, I swear, I’m done. I’d just assume seal it all up and visit my stuff as though it were a clubhouse or something. Plus, after 10 years, it feels like we’re so moved in that if we have another kid, this at least can absorb it.
And, here’s the selfish part, we’ve worked too freaking hard to get the “rythme” of this place. All three of us have it. We have all the TVs in the right places, we have all our nooks and crannies, we have the gardens, etc. The garage may be a mess, but it’s our garage and we know where everything is, thank you very much.
Now, I’m going to make this call based on the fact it may not be the last place we live. But I don’t think we’ll ever sell it. Ever. In fact, what finally tipped it for me that P commented how it would make a good home in “retirement.” And she’s right. ADA accessible, big yard, nice veggie garden, and an airport taxiway to the front door. Plus, and she pointed this out, it’s big enough to have A LOT of people here.
So new roof it is. Nothing like a nice back-to-school project.
I call you house, and raise you a new roof.





