Is it because they want to, they lost their other home to repo, or they can’t afford anything else?
A million Americans live full-time in RVs, according to the RV Industry Association. Some have to do it because they can’t afford other options, but many do it by choice. Last year was a record for RV sales, according to the data firm Statistical Surveys. More than 10.5 million households own at least one RV, a jump from 2005 when 7.5 million households had RVs, according to RVIA.
And there’s this:
A 30 year mortgage is essentially a suffocating lifetime financial commitment for many people, and so a lot of Americans are choosing to embrace the RV lifestyle in order to escape those financial chains. One family that the Washington Post recently interviewed says that they are “redefining what the American Dream means”…
“
We’re a family of four redefining what the American Dream means. It’s happiness, not a four-bedroom house with a two-car garage,” said Robert Meinhofer, who is 45.
The Meinhofers and a dozen others who spoke with The Washington Post about this modern nomadic lifestyle said living in 200 to 400 square feet has improved their marriages and made them happier, even if they’re earning less. There’s no official term for this lifestyle, but most refer to themselves as “full-time RVers,” “digital nomads” or “workampers.”
I don’t see how a family of four could possibly live in an RV, no matter how big it is.
More of this @
A Million Americans Are Living In Their RVs As The American Dream Continues To Be "Redefined"
I'd do it for sure.
Need a class A license for this one (which I have), but hell, its a good way to live.
First off depends on what state you live in. Most states you need nothing more then a standard drivers license. In Texas you do need a special license but it is still not a CDL.
There are class a motor homes that can run three million. In the case of that particular Newmare you are possibly looking at a million or close to it. Keep in mind that an oil change on a class a will run you a hundred or more. Cheap tires will run you $600.00 a piece.
There are more expenses involved then just buying the RV. Places to park, maintaining, replacing, fuel costs, taxes and license all contribute to cost. Keep in mind if you are retired you have less income then you did when working. Keep in mind also that they are not meant to be lived in in temperature extremes. For most that means moving South and North as seasons allow.
As Winterborn stated there are used that can be had for cheaper then new. Gipper is also correct that they depreciate very quickly. They are not like a house that can increase in value.
Basicly I am just saying that if you are interested in living full time in an RV make an informed decision. What may sound like a great idea may not be a fit for you. The life stile does not fit everyone.
If you do want to make the leap then look at whatever you want to buy. I mean really look. Do not be enticed by glamor. Look at the construction. Look at how you would live in it. Is the shower tall enough? Can you comfortably use the toilet? Imagine yourself being inside for a day or two due to rain. Can you use the kitchen well?
Next consider that for some what they think they want later on changes, so the first RV you buy might not be the one that you really want.
Consider also what you will do when you are forced off the road. It happens to everyone. You get too old to comfortably drive, medical problems, the death of a spouse. What ever the reason, you need to have a plan in place. Will you park the RV and live in it in one spot? Will you sell the RV and buy a house?
For me and mine it is a great life and I would not change it for anything. For others it seems crazy and a foreign concept. Some think it is what they want, they try it for a year or two then realize that it is not something they like.
We travel to an area then we see what is in the area. We do not rush, we are retired after all. We spent a month in and around Flagstaff Az. A few years ago. We spent two weeks in Brice Canyon. We some times stop for what we think will just be overnight but after talking with those in the campground we may stay longer to see sites we did not know about.
We have meet people from all walks of life. We usually talk with a large portion of those in the RV park and at least say hello. How many can say that they know or even talk to those that live a block away?