4 ms·
What if you live in it?
by haecceity 7y ago
What if you live in it?
- hprotagonist 7y agonot much changes in terms of money. Unlike land and houses on that land, ships (and trailers, vans, etc) typically don’t appreciate in value: upkeep costs are just costs, you’re not usually “paying into” something which you can “get your money back on” later. Arguably that’s true for property too but we like to believe it’s not. there are many factors beyond monetary value that ought to influence decision-making.
- yardie 7y agoHouses don't appreciate in value. The land they are on appreciates faster than the building depreciates.
- bretpiatt 7y agoStructure can and do go up in value if replacement cost increases from higher material costs, labor costs, building code and permitting costs (that just add cost, not directly to buyer utility), etc.
- hprotagonist 7y ago... sometimes. And sometimes it even outpaces inflation!
- ben509 7y agoLand will appreciate in value if more people move in to the area. So the downside to a boat is you have no neighbors. On the upside, you have no neighbors.
- walrus01 7y agooften the limiting factor is finding a marina or other moorage that accepts liveaboards. For example it's almost completely impossible anywhere within a 45 minute commuting distance of downtown Seattle. Any money that you might save by living on a boat and paying just under $1000 a month for moorage (vs $3000 apartment) will be gone to maintenance and other hassles.
- hawaiianbrah 7y agoTrue. I’ve happily been living aboard on lake union for the last 6 years now, though :)
- haecceity 7y agoCool, what are your expenses?
- hawaiianbrah 7y agoSlip fee, liveaboard fee, electric and trash come out to about $800/mo
- mypalmike 7y agoThere are plenty of marinas in and around Seattle that allow liveaboards. There are waiting lists, but I know people who have gotten spots within a year or two of signing up.