New to RV’ing need advice

ShoalsChiro wrote:

Tyler0215 wrote:
You are struggling with student loan debt, but you have a budget 55k for a new RV? Whats wrong with this picture?????

We currently live in a house, we had talked about taking the profit from the sale of the house and buying an RV. Obviously, there's more to our financials that I don't plan on indulging on. However, after learning of the severe hit on depreciation, and needing to use equity to further pursue my career. Getting out from underneath our current mortgage and into a camper "seemed" like a logical decision. Now I'm second guessing that logical thought.

The house Appreciates in value even in poor economic times. The RV Depreciates in value. Buying new you could expect to loose 30% just towing it off the lot.
To get an RV large enough for 5 your going to need a 40 footer. 8x40 equals approx 350 SQFT of living space. That equals to a living room, a bathroom and half of a kitchen. Where are you going to put all their clothes and toys? How about your clothes? Can it be done? Sure, I know folks doing it and have done it for years. Kids are hpme schooled, husband has a job that allows them to work from anywhere. They have been on the road for years, usually spending months at a time in one place, then moving on. Their now talking about settling down and buying a house again. They have gone through several trucks, have a second car for wife. Not sure how many trailers right now. But believe me it aint cheaper. A used mfg home might be your best choice.