Forum Discussion
Crowe
Jan 28, 2014Explorer
You don't have to convince us.
Not trying to convince anyone, me included. I was just musing on a cold winter's night.
Lastly, when you buy an RV you expect to take a bath when you sell it
One of the reasons we are thinking of a cabin. Real estate markets have ups and downs but the chances of a house appreciating are at least there, unlike an RV where you know it's a downhill slide. With the still-depressed market around the lakes, we should be able to buy low enough (some of the property has been for sale for around a year) to recoup our investment. However, just like RVing, it's for the joy and instrinsic rewards you get out of a cabin, not cost savings or investment. We don't mind the house maintenance and we've found a few properties that are almost brand new. And my house won't leave me stranded on the Beltway outside Baltimore like the Endura did! There's not much for work in that area and even though it's only about 45 minutes outside Portland, it's still a slow economy there. Who knows-we may change our minds a year after we do this.
Thanks for letting me ramble. Enjoying everyone's comments and insights.
Not trying to convince anyone, me included. I was just musing on a cold winter's night.
Lastly, when you buy an RV you expect to take a bath when you sell it
One of the reasons we are thinking of a cabin. Real estate markets have ups and downs but the chances of a house appreciating are at least there, unlike an RV where you know it's a downhill slide. With the still-depressed market around the lakes, we should be able to buy low enough (some of the property has been for sale for around a year) to recoup our investment. However, just like RVing, it's for the joy and instrinsic rewards you get out of a cabin, not cost savings or investment. We don't mind the house maintenance and we've found a few properties that are almost brand new. And my house won't leave me stranded on the Beltway outside Baltimore like the Endura did! There's not much for work in that area and even though it's only about 45 minutes outside Portland, it's still a slow economy there. Who knows-we may change our minds a year after we do this.
Thanks for letting me ramble. Enjoying everyone's comments and insights.
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