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This is a very interesting thing to see here as a resident. I bike a lot and am amazed by all of the little signs and regulations neighborhoods around here have
by hasmolo 7y ago
This is a very interesting thing to see here as a resident. I bike a lot and am amazed by all of the little signs and regulations neighborhoods around here have posted clearly aimed at these van dwellers. A lot of places have limits on vehicle heights for parking long term, and I see signs that say 'no vehicles over 7ft tall overnight' among other things. One of my coworkers who owns a home here bought his own RV, and he has to deal with cops knocking on it's door and trying to tow it even though it's in front of a home he owns.
For what it's worth, after 5 years the wife and I have decided to leave the area. Even though we are able to save 100% of one of our incomes, there doesn't feel like there will be a time when purchasing makes any sense to us. If we put down 300K, we are still looking at a roughly 150% higher monthly mortgage payment than rent for a house that needs work. And looking at the interest paid over the life of the loan is dizzying, almost a million in interest.