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Tired Of Being Homeowners, They Want To Sell Their House 'To Move West' And Rent An Apartment Closer To Outdoor Activities. A Dumb Decision? [Yahoo! Finance]
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A couple sitting on a 2.5% mortgage, something many now see as a once-in-a-generation deal, is seriously considering walking away from it. On Reddit's r/personalfinance , they shared that their monthly housing cost is just about 10% of their take-home pay. On paper, it looks like a dream scenario. But they don't like the house. One partner “hates it,” and both are worn down by the constant upkeep. What they do miss is something else entirely: mountains, hiking, camping and fly fishing. Now they're thinking about selling, taking roughly $100,000 in equity, “to move west” and rent, even if that means doubling their housing cost to about 20% of income. Don't Miss: The AI Marketing Platform Backed by Insiders from Google, Meta, and Amazon — Invest at $0.91/Share Skip the Landlord Headaches — Invest in Midwest Real Estate Passively Lifestyle Over Optimization The most common reaction was simple: this isn't really a financial question. “Housing is a lifestyle decision before
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