This house was purchased in a very, very small town in Iowa. There are no stoplights, one gas station/grocery store, one hardware store, one coffee shop, and a volunteer fire department. Approximate population of 300. There is no police force...just a sheriff if there is a problem, which there never is. It is a town that time has passed right over, including real estate prices. The house, five acres, and two barns were purchased three years ago for $40,000. Today it is worth...$40,000. There is nothing surrounding the house but farmland as far as the eye can see.There still are places in America where one can cash out and have basically no worries, with nothing to do. A home within the city limits of this itty bitty town can be as low as $25,000. The same house that in southern California could go for $600,000.
Everyone has their own idea of paradise. What is yours?
4 comments:
Paradise for me on this side of Heaven would be Stinson Beach, California.
I grew up in small town Iowa. Schools are good, people are friendly, and crime is illegal. You have to make your own entertainment, but I am good at that.
Can't wait to get back.
The small towns do have some good points, sounds like you will enjoy being back.I do like the fact that there is no crime.No traffic either.Its a great place to cash out.Im not ready to cash out yet though.
Paradise for me doesn't include living in the middle of nowhere, landlocked from a beautiful sea view, surrounded by no culture and folks who think exhibiting the tiniest amount of intellectual capacity or gourmand sensibility brands you some sort of pretentious idiot who's too big for their own britches.
Been there done that. All those "salt of the earth" types only pretend to be nicer than us city folk. In reality they're just as nasty only real good at hiding it since there's so little to hide behind out there.
Here's to the implosion of big city livin' America! I'm riding it out in a rental that costs 1/3 of the mortgage. Pretty good deal if you can sock the difference away into REAL investments.
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