Then when you’ve gotten to, or near, your FI number, choose a more laid back career in a place you wish to live in for a while (Hawaii, for me), and if you decide you don’t care for it, you have more than enough to move back to the cheaper parts of the country if the g...
Not because the house is a great investment, but because the mortgage is a great way to borrow money due to all the government subsidies. Having a mortgage is a great way to short the US dollar because of the long maturity and low rates you can borrow at. I make sure to constantly ta...
The fact that most millionaires live in homes under $300k is both surprising (to the average American who thinks all wealthy people live in million dollar mansions) and not surprising (if you’ve readThe Millionaire Next Door: The Surprising Secrets of America’s Wealthy or this blog). Depend...
For the long-term view: The median price of new houses ballooned by about 55% from the range in 2011 and 2012 to the peak in December 2017 ($343,300). This peak had exceeded by 31% the crazy peak of Housing Bubble 1 in March 2007. When it comes to price, the sky is not the ...
Hoping all I have to say for your comment is stupid beyond belief .As far as low interest rates bailing out housing don~t see it N SLO county I have watched that market for over a year 90% of the houses sold have been under list anywhere from 2-5% not a major move but an initia...
If you find you need the space for your kids to utilise, you may have under bought your current residence. You have the financial means to upgrade but with kids I’ve noticed I often have over estimated what they need or want. It’s difficult to predict their personalities at this young...
I started to make the case for why tiny house living is more about the intention to live simply and with less reliance on external things for happiness than it is about the house itself. But that got me thinking: with all the newer (and bigger, more elaborate, feature-rich) tiny houses...