I don't have any great stories yet....except those sad ones of stuff falling overboard
. But since we've been sailing for only about 1 year I can emphatically say the following;
- Anyone that thinks sailing is expensive never owned a house and if they did own a house they never repaired it or fixed it up.
Read that line again and let it burn into your memory.
- A house is a pain-in-the-neck and is part of the "American Dream". (I'll explain the American Dream later).
- Even if you do the work on your house yourself the material cost is high- new roof- $2000. New kitchen $10,000 (I'm not talking about some flunky-dumpster kitchen but a modest nice one). New bathrooms are about $5000.
- HORRENDOUS school taxes
, City taxes
, sewer bills, water
- Yard care (cutting the grass every week for months on end)
- Utility costs....every month.
- Houses DO NOT appreciate in value- inflation (increase of the money supply) creates the illusion that your house has gone up in price
. Though, to be fair, if you do improve your house you might be able to ask for more when you sell your house.
- The mortgage. The banker gets 3 times the amount of money he loaned you.
It seems to me that a house is much more expensive to own than a boat. Of course, a lot of what I'm suggesting is dependent upon you doing the work on the boat yourself. Marina fees
on the East coast
are very high and more expensive per square foot than a house.
Ah...the American Dream! To own a house, 2 cars in the garage! Make money....
It's called the American Dream because you have to be asleep to believe it.