Quote:
Originally Posted by BlackBeastie
|
I don't understand the methodology of 'I can buy a mansion if I move there'.
better yet, move to the cheaper location, but buy a house that's modestly larger than you would normally buy, and significantly less money. you skip all the stupid things that aren't really surface costs that come with a home that's twice the size you have now, now you need to fill it with things, heat it, cool it, insure it, maintain it, clean it.
https://www.realtor.com/realestatean...7_M15439-42598
the above home is $850,000
https://www.realtor.com/realestatean...8_M85190-60551
this one in Houston is higher, but much more lavishly appointed, more land, more home, more everything, and in a really nice neighborhood.
https://www.realtor.com/realestatean...8_M80796-33063
this one is nearly half the price, just a bit less appointed, but you get the land, and a similar sized home in the same area.
you go from a 4000 mortgage to a 2100 mortgage. in a year that $24000 in your pocket. you can get a RS5, take a swank ass vacation, redo the bathrooms (maybe add a washroom for guests), and still have money left over to invest in your crypto asset of choice.