2007-05-08 17:02:35 · 27 answers · asked by Little Girl 2 3 in Entertainment & Music ➔ Polls & Surveys
Buy the house. It will cost you less in the long run because of appreciation & deductible taxes, and the living will be MUCH better.
We have both, & the RV has been to all four borders of the continental US. It is NOT cheap, though. With today's gas prices, it is actually cheaper to drive a small car and stay in economy motels. You gotta enjoy the camping-out aspect of RVing to be willing to spend the money on it. Hey, wanna buy a good used RV, cheap? ;-)
2007-05-09 09:11:25 · answer #1 · answered by Husker41 7 · 0⤊ 0⤋
It depends upon your situation. If it is just one person you might be able to live full time in an RV. They are not really made with the idea of being lived in full time and are somewhat cramped.
They are not make to last a long time like a house so they have a rapid depreciation factor. It you just park it and live in it you should probably put it up on blocks. The motor and battery will go bad also unless you run it for a while every week. Basically in 10 or 12 years it will have little or no value.
A house on the other hand will cost more but it will appreciate at about 3 to 5% a year if the average appreciation of property continues at the historic rate. In the event you got married the house would be adequate for you and a spouse and children if you had one or two.
In the short term an RV might be cheaper but in the long run a house would be a much better investment.
2007-05-08 17:39:15 · answer #2 · answered by don n 6 · 0⤊ 0⤋
Most of the answers you have so far are dead on. An RV does depreciate rapidly. But it is more fun! A lot will depend on your age, where you are in life. RVing is a wonderful lifestyle, I know because I have been doing it for 28 years. If you are retired (or close to it) why waste precious time on a house when you could be out seeing the country? Or if you are looking for some freedom and are not chained to a job you could do as I am doing and become a Workamper. Campgrounds, RV Resorts and even the Government PAY you to help out around a campground or provide some sort of service. You not only get paid, but you get to stay for free, with no utilities and many even offer free laundry & propane. If that tickles your fancy, check out Workamper.com.
Life is too short to stagnate!
2007-05-10 15:19:46 · answer #3 · answered by Enchanted Gypsy 6 · 0⤊ 0⤋
Buying an RV, for sure, would be a lot cheaper than buying a house!
2007-05-08 21:05:13 · answer #4 · answered by thegentle Indian 7 · 0⤊ 0⤋
if the RV stays stationary the RV. but if you plan on driving it, get a house. You can get a decent house to live in for around the same money you will spend on an RV big enough to live in. plus a house will grow in value where a RV depreciates very rapidly.
2007-05-08 17:06:50 · answer #5 · answered by Knuckles™ 7 · 1⤊ 0⤋
Probably cheaper to buy an RV and live in it... But It probably wouldn't last as long as a house would.
2007-05-08 17:06:44 · answer #6 · answered by deviant_deviltry 2 · 1⤊ 0⤋
After 6 years in a RV; I wish I'd of bought a house! The walls are closing in!
2007-05-08 17:07:42 · answer #7 · answered by eizus28 7 · 0⤊ 0⤋
first home i bought i lived in for 10 years paid around 600-700 a month then sold it and made $65,000 i would call that cheep rent.
now i own 3 homes 2 i rent out(let others pay for them) 1 i live in. so far all my homes are going up as fast as the payment i hope i stay this lucky.
a friend is buying a RV to live in becouse he takes photos all over the country. RVing is the best thing he could do.
live where you feel comfortable, and life will be good.
2007-05-08 17:08:40 · answer #8 · answered by blackrealty 3 · 0⤊ 0⤋
An RV would be cheaper, especially if you like moving around to different cities.
2007-05-08 17:12:06 · answer #9 · answered by Anonymous · 0⤊ 0⤋
The way the gas prices are I would say a house but if you stay in one spot the RV sounds like the better deal.
2007-05-08 17:06:12 · answer #10 · answered by Anonymous · 1⤊ 0⤋