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My wife and I just moved from our 3200 square foot newly built (circa 2016) house last year and bought a 1300 square foot fully furnished condotel (units are o
by scarface74 4y ago
My wife and I just moved from our 3200 square foot newly built (circa 2016) house last year and bought a 1300 square foot fully furnished condotel (units are owned individually in a resort condominium and they are rented out like hotels when we aren’t there and we get half the income).
We paid about the same price that we paid for our house. In return, we pay one CDD fee that covers all utilities, minor maintenance access to three pools, restaurants and convenience stores on site, a gym, and a lake.
Before we had to do all that ourselves - including maintenance of my home gym with cardio equipment.
We got rid of our cars and we literally live out of four suitcases. One suitcase holds “work clothes” since I do travel to client sites occasionally.
We are at home five months out of the year and we fly around the US staying in midrange extended stay hotels the rest of the year.
It is so freeing to have a “decontented” life. Our spending really hasn’t gone up, just reallocated.
- dalmo3 4y ago> 1300 square foot I have to say I'm envious of anyone that "downsizes" to a 120m² home.
- scarface74 4y agoMy home before I moved was built for $335K and we bought it using an FHA loan with 3.5% down in north metro Atlanta in 2016. It was about the median price of a home back then. I was still in the recovery phase of my career (long story). We qualified for when I was making $135K. For reference, that’s less than a returning intern I mentored at BigTech got offered in 2021 (we work remotely).