Yes, but... Home prices are very sensitive to interest rates. Over the past 20 years, [hysterically]...
The housing economy is cyclical. I believe home prices will drop... stagnant...
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Off-Topic:
We do this for a living.
We have a half-century of experience doing the opposite of everything in your post.
Stick with us, this will be thorough.
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a)
We acquired single-family homes and small apartment complexes since the mid-1970s.
We never paid any attention to interest rates or anything else.
We acquire the place, toss on a kitchen re-do and landscaping, move in some renters, and generally forget about the place except for rent-day.
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Every place had a loan, we pay the payments, everybody happy.
After a few months, after several short discussions about the (alleged) advantages, our renters are usually eager to buy their home from us.
Low payments, low interest, everybody wins.
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b)
The only way to make houses cheaper to own:
* lower real-estate taxes
* reduce interest in an area (by importing addicts, bums, illegals, etcetera)
* too many houses for the number of buyers.
Other than that, a growing population will continue to chase a limited number of houses.
In fUSA, the recent 'open-borders' nincompoopery quickly increased the population by tens of millions... without a simultaneous increase in the numbers of houses.
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Those tens of millions of 'arrivals' compete against recently-married young Americans, down-sizing elderly, and legal immigrants... all believing in TheAmericanDream© of home ownership.
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Property values cannot stagnate, nor can they drop (outside hell-hole inner-city war-zones, or if the well goes dry (as I discussed earlier)).
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Lastly, the purchase power of fiat currency -- US federal reserve notes -- will continue to erode.
Last year's hamburger was us$3, today it costs $5 for a smaller version of the same.
A 3/2 with attached garage was a half mil a couple years ago.
Today, try and touch it for double that.
Of course, only the foolish would sell.
Replacement would be triple, eating their profits.
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Nobody sells, nobody can buy.
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Returning to the topic:
I firmly believe mobile living is:
* more fun
* healthier
* far more interesting
* spiritually fulfilling, and
* keeps the mind active and the imagination engaged.
None of that is available in a stand-still house... except for the yard-work, the painting and roofing, the crumbling driveway, rolling black-outs, iffy water, escalating taxes, untouchable Home Owners Associations regulating the number of petunias... and daffy-dills...
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The best state for establishing a home-base?
For us, Oregon.
We live in a place with more elk than people.
Plenty of water, fishing and hunting and foraging to extend grocery dollars, relaxed marijuana rules, almost zero enforcement of prostitution rules.
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(outside of the goofballs in Ashland) Oregonians pay zero tax on purchases... you see the price, you pay that price.
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For mobile living, this seems ideal.