I’ve lived on a sailboat for 10ish years. It’s similar, but has its own different issues. I would say that the work I do on my boat to maintain it is similar to a house, in terms of time with yard work etc. RV’s are probably similar.
It’s a freeing life, if you don’t like your neighbor, drive to somewhere else (buy a boat/RV that is capable of moving). You can live cheaply, and save a bunch of money. But if you’re thinking long term, the key is to save/invest that money. Eventually you’ll be too old to live that life, and retirement plan/savings/kids will need to help.
It’s not an investment in the sense of increasing value; land and property will pretty much always increase in value. Your RV will not. Your money going into that life is like rent, it doesn’t help you in the future. Without getting into mortgages front-loading interest, land/property will help you financially in the future.
That being said, I LOVE my life. But it is a lifestyle, it’s not for everybody. I couldn’t imagine living in a house right now.
Only way to know is if you try it. “We feel more comfortable when things are certain, but we feel most alive when they are not.”
What are your other options – and goals and needs?
I’ve been at it for ~6 years – moving around every ~2 weeks. At the time I didn’t see a happy future path in my downtown apartment living and breaking the monotony of the day to day. Happy to answer specifics.
My grandparents did it for about a decade while they traveled the country. That was the happiest I ever knew them to be. It did leave them in a really bad spot financially when they were to old to do it anymore though.
It’s a great way to escape the haters in DC, and cash in on being a corrupt judge
Maintinace sucks, they are designed to look good and be road worthy, not easily worked on or last a long time. That’s why the depreciate so fast.
I liked it personally for the short time I did it, but I like my space for gardening and projects. Though not mutually exclusive just harder to find that setup.
Also it depends on where and how you want to live. Climat3 is a bid factor plus space to setup camp.
Maintinace sucks, they are designed to look good and be road worthy, not easily worked on or last a long time. That’s why the depreciate so fast.
Which is why most will recommend you get a Travel Trailer and a Truck.
Most mechanics won’t touch a 400,000 RV. They have no problem touching a $30,000 Truck and you don’t have to take your home to the bar.
