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Travel Discussion
Reply to "If you bought a house abroad after retirement, what was it like?"
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[quote=Anonymous]I already had a farm house that was supposed to be my retirement house, but I sold it. I'm actually considering renting versus buying or building. I don't exactly have the need to feel like it's got to be mine. Not here in US and not abroad.I have experience in buying and renting here and there. I've done the math so many times. Not buying ever again, unless it's super cheap. The rent abroad is so much cheaper than buying or building. If you have investments, landlord will bend over backwards for you as they are not afraid of you falling behind on rent. The housing prices already peaked 15-20 years ago. In my retirement location, it's 1600-2000 euros to rent the house and 400k-500k+ euros to buy similar house, same town, walk to the beach. It makes zero sense to buy. I also want to be traveling while retired and not sit at home.[/quote]
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