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Reply to "Opting out of coast madness to live a low overhead life"
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[quote=Anonymous][quote=Anonymous]My parents left the DC area for a small town in a couple of hours away when my sister and I were in preschool. Having grown up there, you couldn't pay either of us enough to go back. Even though we lived there for over a dozen years, we always felt like outsiders - if your grandparents hadn't grown up in the town you were "new" and often "different" and that wasn't a good thing. Diversity was very limited (one Jewish family, no Muslims, a few Asian families) and the general mindset was that anything over a 30 minute drive away was a huge trip so virtually no one went to the nearest big city more than once a year, if that. I am profoundly grateful that my father was transferred to a new city 30 years ago. The house they bough there for $215k was a stretch, but has more than tripled in value. The house that I grew up in was sold for $140k and in the past 30 years has increased in value to about $165k. The difference in real estate appreciation alone makes a huge difference for my parents' retirement. There are definite downsides to living in an expensive urban area, but there are upsides as well.[/quote] Ugh. I'll never understand where people get this idea that your options are living in SF/BOS/DC/NY/LA or some tiny town out in BFE where everyone knows each other/grew up there and never left, with nothing in between.[/quote]
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