Saturday, September 08, 2007

The search for a retirement residence continues

Rick spends a lot of time researching the best place to retire, which at first I kind of wondered, why is he doing that now? until I realized, it's really not all that far off, and honestly, he could retire any time he felt like it since he's already retired from the Air Force.


Anyway, he recently started looking at North Carolina, because it's a relatively inexpensive place to live (at least right now it is). He found this house, which we could totally afford NOW, but if it were HERE, no way.


It makes me a little ill when I think about the vast disparity in housing costs. A house like that here would be in the $700K and up range. Can you say "yikes"? Yet if we moved to NC, owning that home would be no problem at all. What gives???? I just don't get it.

7 comments:

  1. Lori,
    We bought a home in North Carolina near Asheville many years ago. We hope at retirement in 6 years we can make it our permanent residence. We got it for 1/3 the cost of homes in our area here in Anne Arundel County. And we love North Carolina. Best wishes on your continued search for your future home. Janice Boone

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  2. Lori, it's worse here- I am in So California and a house like that would be at least 1.5 MILLION! The house we are in was bought as a fixer-upper when I was about to deliver my now 15 year old daughter. It still is and is worth 2 1/2 times what we paid for it or more. We can never retire here and my hubby and I make a fairly nice living. So someday I might just end up your neighbor in NC, making jewelry and reliving the good old days in our respective old states.

    Smiles,
    Carlotta

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  3. OH yes, California! I was stationed in Monterey, CA and loved it there, but oh my, I can't afford to move there. My stepbrother sold a house in LA and I think he was able to buy his house in Utah in cash from the proceeds -- HUGE difference in prices!

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  4. Anonymous9:18 PM

    Yeah, that house would be very expensive here in Charlottesville.

    - Jen

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  5. Anonymous6:12 PM

    Pshaaaa yeah? A house like that here in NYC? 2 point something MILLION dollars or higher! And the interior would be tight, annoying and cheaply made!!!
    AAAHHHHHHHHHHHCCCCKKKKKKKKKKKK

    I am SO desperate for the economy to do something WONDERFUL for me, or my community and allow us to AFFORD LIVING!
    OH MY HOW EXPENSIVE IT ALL IS!
    I want to be debt free....

    WHEN WILL THEY BRING BACK THE OLD VICTORIAN STYLES?
    And be affordable?
    I can DREAM!

    Well, I was not angrily shouting, just very excited about what I was saying!

    My husband wants to move to NC too, or up north so the summers wont kill me. If he got things his way, we would live on a tropical island. I do not see me being happy on a tropical island. I would be tapping my toes while waiting for things, my fingers would start snapping for things to happen *now* and I would probably live day to day running out of patience! AND I am very patient!

    Amber

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  6. People have been asking -- this house is located in High Point, NC

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  7. I actually stopped in your blog because I'm homesick for the Eastern Shore. One of the reasons we're where we are, though, and not there is housing costs. :(

    I love your jewelry!

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I appreciate comments! <3

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