by Tyler_JC » Mon 26 May 2008, 01:33:34
$this->bbcode_second_pass_quote('ecopal', 'I') recently decided that an old single family house is just not going to be the most energy efficient way to live in the city so I sold it and bought a condo. So far the heat usage is a fraction of what my home was and the square footage is the same. I don't know why more folks are not doing this. It seems like the obvious future for urban living. I bit of adjustment, I will admit, but we Americans need to start realizing we are going to have to start living like the rest of the world. Anybody else out there taking this plunge? Now I am looking for just a small piece of land for a garden.
[As usual, the members of this website are jumping to conclusions with very little information to go on]
Here's a basic list of information missing:
1. Location of single family home.
2. Location of condo.
3. Current occupation of ecopal.
4. Marital status of ecopal.
5. Current occupation of ecopal's hypothetical spouse.
6. Children?
7. Quality of schools in each neighborhood. (if applicable)
8. Age of children.
9. Farming ability of ecopal.
10. Cost of condo versus cost of house.
11. Cost of UPKEEP on condo versus house.
12. Debt load, savings rate, income versus expenses
etc, etc, etc
Don't base your life off of advice from an internet forum. You have to look at your individual situation and add up the costs and benefits.
It doesn't make any sense at all to give up a stable $80,000 a year job in order to become an impoverished farmer if you can save a quarter of your paycheck every year and invest it wisely.
It doesn't make any sense to stay in a $300,000 house if you are perfectly comfortable moving to a $200,000 condo that is not only closer to work but has lower maintenance costs.
If you don't believe that the world is going to crash next year (as some on this website have been predicting since...oh...I dunno...2004), then moving into the city could be a very smart decision.
I don't know your details and I'm not going to pretend I know them but I hope my partial list gives you an idea of what to think about before running to the hills.
