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Personally, I have no interest in cruise ships. I get seasick pretty easily and they seem somewhat unsanitary. But $300,000 for 144 months works out to ≈$2,083/
by MiddleEndian 4y ago
Personally, I have no interest in cruise ships. I get seasick pretty easily and they seem somewhat unsanitary. But $300,000 for 144 months works out to ≈$2,083/month. If you consider cruise ships to be a luxury, and that cruise ship has good enough internet for work, that's really not a bad deal.
- phkahler 4y ago>> If you consider cruise ships to be a luxury, and that cruise ship has good enough internet for work, that's really not a bad deal. Rent is rarely a good deal. Since he can work remote, he could buy a home any number of places and be able to sell to get money back.
- saberience 4y agoNot everything in life is about buying a house and investing money. Life is for living and enjoying it while you still can. You never know what’s going to happen in the future, I think this guy is doing something amazing.
- ghaff 4y agoPeople can obviously do what they want but... You can live in one place you enjoy (don't need to buy a house) and both enjoy what the local area has to offer and travel to other places that interest you. He mentions maybe doing this for 3 years; there are few guarantees he'll be able to unload the rest of his $300K lease. Living in a 237 sq. ft. room and being able to make presumably brief stops at cruise ship destinations hardly sounds amazing. And, as someone else mentioned, it's something like a $40K/year fee on top of the lease. So about $5K/month for room, board, and utilities. Which is in the range that upper middle-class people may pay anyway but certainly isn't a bargain and opens up many other options.
- layer8 4y agoThe unique selling point is that he can see a lot of places without having to move, and without having to travel away from his home, and without having to do much (or any) travel planning. I can see the attraction.
- ghaff 4y agoA very superficial see on someone else's schedule. Sounds pretty uninteresting to me but one's mileage may differ.
- MiddleEndian 4y agoI mean, I've purchased a place and generally agree, but that's relatively low rent for a faang employee and he also would basically be getting (what he considers to be) a continuous low cost vacation out of it, where someone else manages all his home maintenance and repairs, and he gets to travel to a bunch of new locations. Like I said I don't have interest in cruise ships, but I can't say I haven't considered trying to set up a similar continuous arrangement with a hotel.
- MiddleEndian 4y agoLooking back at this comment, I have no idea how the $300k would be financed and there's probably some interest payments that make it higher than $2,083/month. Regardless, the concept stands, especially given how much people normally pay per day or week of vacation.