Any regrets about selling your house?

To each his own.

For us, I am overjoyed that I am no longer a homeowner.

My regrets? I wish my wife said 3 years ago we did not "need" to move into another house. Could have started full timing then. Wasted 3 boring years NOT getting out of the house and it's associated costs sooner. But we are full timing now...

Home ownership as noted is not about a financial investment but a life style investment. 31 days is the longest MH trip we have lived on the road and the kids and I enjoyed it. A home just offers so many more options and I agree not all are positive. We worked on home plumbing today. I bush hogged some yesterday. Two weeks ago I took our backhoe and made a hole for the neigbor' storm shelter that he had ordered since he lives in temporary housing 16' wide. The daughter now has 5 mini horses. I teach the kids (they are 16 currently) home and auto repair. For better or for worse I serve on three boards and somewhat active at church and serve as the legal guardian for a 70 year old man without speech and hearing.

Owning our home just works for us. We have 15 acres in a NP like setting with a ton of wild life coming into the yard even.

I love driving and can do it 12 hours a day and love seeing new places and meeting new people.

Things could change and I could be happy as long as I was 600 feet from the next RV. :)

Home ownership is for some and not for others.

No regrets but sometimes I miss my big couch, big shower, big home office etc... Certainly don't miss the big mortgage, big property tax bill, big utility costs, and big maintenance costs.

unbob wrote:


"What if we came up with the worst possible investment we can construct? What might that look like?”

It would look like something that begins to lose value the minute we start to use it and continues to depreciate throughout its life. In fact, it would look a lot like an RV. Or a boat.

Good thing "investment purposes" isn't the reason folks buy such things! :)

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.

When you say it like that, it is kind of scary. :E

Every thing he writes is potentially true, especially if you throw out the fact that you need a place to live. The same argument can be made for most any non-appreciating asset. I mean buying lamps, furniture, televisions, appliances and the like are all going to offer an eventually return of zero and cost money to maintain and operate. Heck, what is a worse investment than food? You buy it, pay to prepare it,you waste time eating it and then a day or two later flush it down the toilet (with additional costs such as toilet paper, water, sewer charges etc.) The fact is buying a house is a MUCH better use of your shelter funds than buying an RV. Any quack can make the case that purchasing most anything is a bad investment if they are willing to overlook the utility value of that purchase.