Nov 12, 2009, 5:49 PM
Post #14 of 22
You make a very good point about cost of living. HGTV in the U.S. sometimes has a segment showing how much house a certain amount of money gets you in different parts of the country. For example, a half-million dollars would get you a really nice house--what some would consider a mansion--in Austin, Texas. The same amount would get you a 1,000 sq.ft. "starter home" in the San Francisco Bay Area--if you're lucky. As for Mexico, basic living costs, such as housing, utilities, etc., are about the same where I live in Mexico as they are where I live in the States.
You guys are missing the point entirely. HGTV is a bad joke. And, it is not the cost of the houswe that counts but the cost of living once you own the house. Is this so complicated?
We lived in San Francisco for many years in the best part of town so what I am about to tell you is not coming from some farmer from Omaha.
It is not the cost of the house that you should be concerned about but the cost of holding on to it and eating and heating and that sort of thing.
We could have retired to France but we retired to Mexico so now let´s look at the difference:
SAME HOUSE: Property taxes in Chiapas; $25USD a year. In France $16,000USD a year.
UTILITIES: In Chiapas heat and electricity are not cheap but are optional. In France you will, freeze your butt off.
SUSTENANCE: No comparison.
If you think this is a choice you are not thinking.
(This post was edited by Hound Dog on Nov 12, 2009, 5:50 PM)