This is the foreseeable future for new home owners. Trouble is, when the market tanks heir trailers won’t be worth anything. People are putting tiny homes in these lots, that’s probably more sustainable.There are more new RV lots around my neck of the woods than new neighborhoods. $500+/ month for a spot on all the ones Ive seen. Those things are going up everywhere with so many people getting priced out of owning or even renting a home.
Cant look at an RV as an investment like you do real estate. Just think of it as, Hey, when we finally get a real home we'll have an RV to enjoy travelling with. I have my house already, got it before rates went up, but am looking at campers right now. Not only for traveling, which I want to do more of, but its a nice back up for when/if shit hits the fan.This is the foreseeable future for new home owners. Trouble is, when the market tanks heir trailers won’t be worth anything. People are putting tiny homes in these lots, that’s probably more sustainable.
Interest rates are much higher right now.People saying homes are unafforable and prices are way too high, yet home prices are stagnant/dropping compared to a few years ago.
Home prices are the problem because it also is directly correlated with property taxes and insurance. Lowering rates helps a touch, but overpaying on house price locks you in to high taxes and insurance for life.People saying homes are unafforable and prices are way too high, yet home prices are stagnant/dropping compared to a few years ago.
I have a client with an RV park they own. Its a very low six figure net profit each year.Cant look at an RV as an investment like you do real estate. Just think of it as, Hey, when we finally get a real home we'll have an RV to enjoy travelling with. I have my house already, got it before rates went up, but am looking at campers right now. Not only for traveling, which I want to do more of, but its a nice back up for when/if shit hits the fan.
