A native Californian transplanted in southern Illinois.One of my retirement dreams is to live someplace pretty. South Lake Tahoe, California is one of my favorite spots to consider. So yesterday I was browsing, and found some nice level lots on city streets in the 30k range. If I had not bought my house, I could now pay cash for such a lot and a prefab kit, and would only lack the funds for the labor to put it together. Instead, I have a 183k mortgage. Sigh.
The next time real estate is hot, I intend to sell my house, bank the money, and rent a little place until I am ready to buy my final home. I expect that time is a decade or so away, so a studio apt should suit me fine at that time. Then I will have to wait for the market to cool, so that level lots in South Lake Tahoe are back in my price range again.
Retirement Dreams
January 17th, 2011 at 07:18 pm
January 18th, 2011 at 05:58 am 1295330314