Roaming around the US in a comfortable motorhome sounds appealing and it is on my radar at some point... just wish they held their value a little better. At least with real estate property it is almost impossible to lose money in the long term.
I kinda don’t agree with the “impossible to lose money” on land.
I can argue that inflation is the allusion of more wealth when it comes to land. You really only make money if you get lucky and buy in an area that is highly sought after with people competing for the same parcels. Opposite of that is, neighborhood goes to heck and you can buy land for 1/8 you could 20 years before. Or factory moves away and town dries up etc.
It is true that one of the data points of everyday millionaires is to have a paid off home but not very often is much wealth gained by the land they live on unless it produces something. Rentals, rented farm land, oil etc.
More money you have in things with motors and wheels the more wealth is lost to depreciation, more money you have in savings or buried in the ground the more you lose to inflation. Gold remains the constant, it is money. If you see how much it took to buy an ounce of gold in 1950 then with an inflation calculator, see what that 1950 value is in 2020 dollars, I bet it will be really close to the current value of gold.
Either way unless we stay ahead of depreciation and inflation we will end up with very little in the end like most folks. Or give it all to doctors and hospitals.
I think 50-100 acres of farm ground paid off rented to a farmer will more than pay for any losses driving the country in an RV. If I went RV route that’s how I would do it, sell everything, buy as much farm land as I could to offset the depreciation of the RV.
I watched a documentary on YouTube, you can buy a pass or membership (whatever it’s called) to the national parks. You can stay at each park for 14 days if you rig is 27ft or shorter. Essentially you can visit park to park all year, two weeks a park and not pay rent, lot fees or taxes. A pass is only a few hundred bucks. You can also travel so you never experience winter or blazing summer. Travel north in the summer, south in winter, always in that 65-85 degree range.
