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I purchased a van that I am going to rebuild into an RV and live in San Fransico at a fraction of what I would throwaway on rent and interest to the bank. Some

I purchased a van that I am going to rebuild into an RV and live in San Fransico at a fraction of what I would throwaway on rent and interest to the bank. Some googlers got the same idea and slept in the google parking lot! It does not make sense to purchase expensive properties with the record low interest rates. As soon as they rise again, your property will lose in 10s of thousands of dollars in value and you will be tempted to walk away from it.

mmirate 8y ago
Sounds most interesting. Are there any other people who have done similar things and publicly written-up their e.g. bill-of-materials, for comparison with non-SF apartment-rent costs?
conanbatt 8y ago
I think its a fine way to save money, but that is basically choosing to be homeless and live like a pauper. When you have 200k+ salaries and you find it appealing to live like a minimum-wage worker with no family, it should raise a red flag.
- wpdev_63 8y ago
  Many people live alot more comfortably within a van than they do in their stationary home. They can go to the beaches during the summer weekends and go out to colorado during the ski season and bring their home with them. This is one of the many couples that are doing it these days:https://faroutride.com https://faroutride.com If you get 90% of your home comfort in a finished conversion van and you save 50% if your wealth, it's a no brainer. You'll also be avoiding the inevitable housing crash. Why on god's green earth would an employer care about where you live?
  - conanbatt 8y ago
    You'd be living in an illusion to believe living in a van is a higher quality of life than having a proper place. Its a ridiculous comparison, no matter how hipster some modern choices can become. Would you raise a child in a van? Down by the river?
    - wpdev_63 8y ago
      Well then living in a conversion van wouldn't be for you. For many young professionals who can work remotely in the west coast, it's a very compelling option. Especially with the fact you throw away a significant portion on your income on rent. With a van it's significantly cheaper(less than half) and at the end of the day, you own it. There are other issues but many people have figured it out and there's a vibrant van(life) community that's thriving due to the sky high property prices.

mmirate 8y ago

Sounds most interesting. Are there any other people who have done similar things and publicly written-up their e.g. bill-of-materials, for comparison with non-SF apartment-rent costs?

conanbatt 8y ago

I think its a fine way to save money, but that is basically choosing to be homeless and live like a pauper. When you have 200k+ salaries and you find it appealing to live like a minimum-wage worker with no family, it should raise a red flag.

wpdev_63 8y ago
Many people live alot more comfortably within a van than they do in their stationary home. They can go to the beaches during the summer weekends and go out to colorado during the ski season and bring their home with them. This is one of the many couples that are doing it these days:https://faroutride.com https://faroutride.com If you get 90% of your home comfort in a finished conversion van and you save 50% if your wealth, it's a no brainer. You'll also be avoiding the inevitable housing crash. Why on god's green earth would an employer care about where you live?
- conanbatt 8y ago
  You'd be living in an illusion to believe living in a van is a higher quality of life than having a proper place. Its a ridiculous comparison, no matter how hipster some modern choices can become. Would you raise a child in a van? Down by the river?
  - wpdev_63 8y ago
    Well then living in a conversion van wouldn't be for you. For many young professionals who can work remotely in the west coast, it's a very compelling option. Especially with the fact you throw away a significant portion on your income on rent. With a van it's significantly cheaper(less than half) and at the end of the day, you own it. There are other issues but many people have figured it out and there's a vibrant van(life) community that's thriving due to the sky high property prices.