Forum Discussion
Free_Range_Huma
May 31, 2014Explorer
Okay, well, if we're talking investment, living in an RV is definitely worse than a S&B, so not a good comparison at all.
Not that I disagree that home ownership is a trap, expensive, and generally a bad idea financially. No one (these days...it used to be different) should EVER buy a home thinking it's an investment.
It's a HOME, not an "investment".
"Owning" it gets you the ability to make any changes you feel necessary, have as many pets as you can get away with (according to local laws), house relatives or friends indefinitely if you feel like it, stay as long as you want as long as you can afford to, etc.
All very nice. (I have in the past lost two homes that I had no intention of moving from, because their owners' plans changed.)
But right now, I really, really wish we didn't own our S&B. We don't have the cash to take care of the "deferred maintenance" (translation: things we should have thrown buckets of money at just to keep it looking good), and we have a second, so I have no idea how we'll get out from underneath this.
SIGH.
Not that I disagree that home ownership is a trap, expensive, and generally a bad idea financially. No one (these days...it used to be different) should EVER buy a home thinking it's an investment.
It's a HOME, not an "investment".
"Owning" it gets you the ability to make any changes you feel necessary, have as many pets as you can get away with (according to local laws), house relatives or friends indefinitely if you feel like it, stay as long as you want as long as you can afford to, etc.
All very nice. (I have in the past lost two homes that I had no intention of moving from, because their owners' plans changed.)
But right now, I really, really wish we didn't own our S&B. We don't have the cash to take care of the "deferred maintenance" (translation: things we should have thrown buckets of money at just to keep it looking good), and we have a second, so I have no idea how we'll get out from underneath this.
SIGH.
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