this post was submitted on 14 Mar 2024
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I’ve lived on a sailboat for 10ish years. It’s similar, but has its own different issues. I would say that the work I do on my boat to maintain it is similar to a house, in terms of time with yard work etc. RV’s are probably similar.
It’s a freeing life, if you don’t like your neighbor, drive to somewhere else (buy a boat/RV that is capable of moving). You can live cheaply, and save a bunch of money. But if you’re thinking long term, the key is to save/invest that money. Eventually you’ll be too old to live that life, and retirement plan/savings/kids will need to help.
It’s not an investment in the sense of increasing value; land and property will pretty much always increase in value. Your RV will not. Your money going into that life is like rent, it doesn’t help you in the future. Without getting into mortgages front-loading interest, land/property will help you financially in the future.
That being said, I LOVE my life. But it is a lifestyle, it’s not for everybody. I couldn’t imagine living in a house right now.
Only way to know is if you try it. “We feel more comfortable when things are certain, but we feel most alive when they are not.”
A Malibu?