My partner and I recently bought our first home. We saved for several years to do this, and we are thrilled to have finally done this.
The area we have bought in is what's known politely as "up and coming". In other words, historically it's been known as the wrong side of the tracks, and about 15 years ago would have been considered a dangerous part of town. It's a big city, and this often happens here - previously no-go areas become hotspots as people are priced out of neighbouring, more desirable areas. /BG
When I meet people, they often ask what part of town I live in. I don't consider it rude to be asked, but when I reply, the response is often along the lines of a wrinkled nose, or even in some cases "Ugh! Why would you buy a home there?"
Usually I laugh it off and say, "Everyone knows that in 10 years it's going to be the Beverly Hills of south London. We're just getting in early." (Property "experts" have actually named our area as one of the areas that will rise in value in a few years, but that's not why we chose it.) But if I get annoyed, I smile coldly and say, "We like it." To the nose-wrinkler, I said, "You look like you're about to sneeze. Here, let me get you a tissue."
I hate feeling like I'm justifying our reasons for living in an unfashionable part of town. I don't think it's any of their business. Property prices are a very popular topic of conversation here, having gone through a crazy boom then bust - much like what has happened in the US - but the people in my examples are actually insulting my choice of where to live, not just talking about the property market.
Any suggestions of better responses that will help them realise this?