General Discussion

madville

(7,847 posts)

65. They will have to move or live with their kids

Sun Nov 1, 2015, 08:12 PM

Nov 2015

I will retire in a rural area, that's where I prefer to live anyway even though I have typically traveled for work or worked in cities.

I still own a good condition 1200 sq ft house on one acre in a rural county that I bought when I was younger, property taxes are $600 a year, insurance is about $550 annually. If I even tried to sell it I would probably only get about $85,000 so I just plan to keep it and retire there within 10 years. I just spend weekends there now and maintain it, work is 120 miles away in a large city.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

97 replies

= new reply since forum marked as read

Highlight:

The Starter Apartment Is Nearly Extinct in San Francisco and New York [View all] marmar Nov 2015 OP

Geez. How do retired on Social Security live? I barely make it here in Ark on what I get. LiberalArkie Nov 2015 #1

Obviously, they don't. OldHippieChick Nov 2015 #50

Rent control helps Retrograde Nov 2015 #61

They will have to move or live with their kids madville Nov 2015 #65

I got into trouble when I moved to the Little Rock area broke my leg right before I was to start LiberalArkie Nov 2015 #66

I'm tempted to downsize as well madville Nov 2015 #71

I have 1.5 acres about 30 miles from Little Rock. I came from a 3 bedroom/lr/dr/kitchen etc in south LiberalArkie Nov 2015 #72

My power is pretty reasonable as well madville Nov 2015 #77

Our water is about the same and septic also. LiberalArkie Nov 2015 #79

i love smaller homes and always hated the mcmansion craze restorefreedom Nov 2015 #86

Sharing Liberal_in_LA Nov 2015 #90

What ryan_cats Nov 2015 #2

Frisco is in Texas... yuiyoshida Nov 2015 #10

Nooo. ryan_cats Nov 2015 #13

I have been living in San Francisco all my life yuiyoshida Nov 2015 #14

I ryan_cats Nov 2015 #17

Here yuiyoshida Nov 2015 #20

Nothing ryan_cats Nov 2015 #28

When the owner of your favorite football team yuiyoshida Nov 2015 #32

Oaklandians ryan_cats Nov 2015 #35

Tell it to me after we beat the yuiyoshida Nov 2015 #37

Ha ha ha ryan_cats Nov 2015 #89

Actually, they should change the name to the Santa Clara Seveners KamaAina Nov 2015 #95

It was named after, "Francisco Domingo Carlos Andres Sebasti�n d'Anconia" from Atlas shrugged. Matariki Nov 2015 #58

I only lived there for 6 years, but never heard anybody call it "Frisco". smirkymonkey Nov 2015 #19

Its not. yuiyoshida Nov 2015 #21

Ex ryan_cats Nov 2015 #23

I am not hosting Tourists yuiyoshida Nov 2015 #24

Are ryan_cats Nov 2015 #26

theres a difference between a refugee and a tourist yuiyoshida Nov 2015 #27

Brava !!!!!! pangaia Nov 2015 #59

here yuiyoshida Nov 2015 #62

Figured pangaia Nov 2015 #67

I love living here yuiyoshida Nov 2015 #68

Will do. Thank for the tip. pangaia Nov 2015 #69

I used to go there after class... yuiyoshida Nov 2015 #70

Cool. pangaia Nov 2015 #73

I think the other poster is being sarcastic, senseandsensibility Nov 2015 #25

high fives yuiyoshida Nov 2015 #33

I think that is what I said, basically. smirkymonkey Nov 2015 #41

i'm native californian shanti Nov 2015 #47

The City yuiyoshida Nov 2015 #63

When I lived in the Bay Area, NOLALady Nov 2015 #53

Frisco is in Texas and Colorado yuiyoshida Nov 2015 #57

I don't know what corner of CA you lived in, but it wasn't San Francisco. n/t pnwmom Nov 2015 #40

This message was self-deleted by its author yuiyoshida Nov 2015 #54

Although, it's interesting how Frisco, Texas, got its name: kentauros Nov 2015 #36

There is one in Colorado too yuiyoshida Nov 2015 #38

I wonder if it was on the same railroad line... kentauros Nov 2015 #39

check the population now snooper2 Nov 2015 #93

Dont call it "Frisco" Warren DeMontague Nov 2015 #74

Frisco, Texas 75033 $885-$2535 | 1 - 3 Beds snooper2 Nov 2015 #91

In 1987 I rented an old 1 bedroom apartment in Pacific Heights for $500 and then an extra $50 for a kimbutgar Nov 2015 #3

Beware any report that depends on listings. geek tragedy Nov 2015 #4

There's hardly any turnover in rent-controlled or stabilized apartments. n/t meaculpa2011 Nov 2015 #7

Turnover Johnny Noshoes Nov 2015 #34

It can be a double-edged sword... meaculpa2011 Nov 2015 #42

And what are the regulations controlling rents in each of those cities? Bluenorthwest Nov 2015 #11

40-50% of NYC apt's are rent-stabilized geek tragedy Nov 2015 #51

Also, they're not accounting for scarcity. Chan790 Nov 2015 #15

Isn't Brooklyn part of NYC.....??? MichMan Nov 2015 #5

"NYC" is yet another colloquialism which can lead to confusion. closeupready Nov 2015 #29

Yes, NYC is technically Manhattan, Brooklyn, Queens, The Bronks and Staten Island smirkymonkey Nov 2015 #48

Depends where in BK. The areas that are affordable are geek tragedy Nov 2015 #52

It does, sort of KamaAina Nov 2015 #96

My wife and I live in a very nice... meaculpa2011 Nov 2015 #6

Given where you live shrike Nov 2015 #43

For 800 sq feet? kcr Nov 2015 #81

It's a nice community... meaculpa2011 Nov 2015 #83

Who starts out with their own apartment when they move to a city? Recursion Nov 2015 #8

If I didn't know you were from the metro DC area... Chan790 Nov 2015 #18

Boston was like that too Recursion Nov 2015 #31

Boston has become insane. I am paying more here than I was in Manhattan. smirkymonkey Nov 2015 #49

I have a friend whose daughter is living in a studio in Boston (Brookline) mnhtnbb Nov 2015 #88

$1600 a month for a studio in Brookline is a bargain! smirkymonkey Nov 2015 #97

Nobody but the privilaged anymore JackInGreen Nov 2015 #76

Nobody but the privileged ever Recursion Nov 2015 #80

I am grateful that my place is under that 2000 dollar yuiyoshida Nov 2015 #9

My one bedroom apartment costs $575/month. Deadshot Nov 2015 #12

Because there are more people who want to live in San Francisco than there are apartments (nt) Recursion Nov 2015 #16

Also, to add to what Recursion said... Chan790 Nov 2015 #22

Yep. The rest of the bay needs to pull its weight here Recursion Nov 2015 #30

Have you seen the amount of building going on on the Peninsula? Retrograde Nov 2015 #60

Last time I was there was 2 years ago, and yeah, it was impressive Recursion Nov 2015 #78

It seems absurd to spend $24,000-$48,000/year for a freaking one bedroom apartment. Deadshot Nov 2015 #44

They don't. They should but they don't. Cleita Nov 2015 #55

You're kidding, right? n/t PasadenaTrudy Nov 2015 #45

Kidding about what? Deadshot Nov 2015 #64

Hell a STUDIO on LI goes for 1500 per mo. now. annabanana Nov 2015 #46

This is really sad. Blue_In_AK Nov 2015 #56

Like Boston, it's been Yuppied to death. Now international investors are bidding everything up to Warpy Nov 2015 #82

So, even back then you didn't get a one-bedroom? (nt) Recursion Nov 2015 #84

Later I had a studio apartment up on Sacramento Street Blue_In_AK Nov 2015 #94

No, you totally can find one in San Francisco Warren DeMontague Nov 2015 #75

Funny to think there was an era when squatting was a thing. closeupready Nov 2015 #85

since we know incomes are stagnant restorefreedom Nov 2015 #87

My son and two friends... meaculpa2011 Nov 2015 #92