Forum Discussion
Lantley
Jun 03, 2019Nomad
KC10Chief wrote:
I've been thinking about my house too. It's not paid off, but getting there. Once it's paid off, I'll still owe thousands in taxes every year. If I stop paying the taxes, it won't be my house any more. So, it's never really mine. Not to mention the costs. I pay thousands in insurance every year. Utilities cost me thousands every year. I had to replace my air conditioning unit. Thousands of dollars. It needs to be painted, needs some dirt work done, and the roof is shot after a recent hail storm. Yeah, it might appreciate in value, but I can't take it with me when I die. I'm coming to resent my house and feel tied down by it. I'm 40 years old. The only reason I haven't gone full time, is our 12 year old daughter. We plan to be full time in another six years when she moves out or gets kicked out. HA!
Granted property taxes vary by region and size of house. But if you are in a metro area I imagine a paid off house cost $15K a year in taxes and maintenance.
Granted you may go from 2500 sq. ft to 400 sq. ft but full timing does not have to be more expensive than stix and brix
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