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TopicHow rich is your richest family member?
wolfy42
03/31/18 6:47:17 PM
#7:


RoboXgp89 posted...
500k is nothing where i live a house cost closer to 300k and after forty years of living hear that's like 400k in property taxes you just paid off


Yeah, my current house is worth about 420, but should go up another 50k or so in a month or so.

Olympia is pretty cheap compared to many places though.....actually a great time to buy property here (hence why it's going up so fast) as more and more people move out from Seattle, or move here from Cali where property values are so much higher.

Trick to retiring right now though is to sell here, and move somewhere with much lower property values while they are still fairly low. They are climbing fast in this area, but there are still many places where they have not increased nearly as much.

Sell your home here for $450k, and buy a similar sized home elsewhere for $200k, and still have money left over to retire with:)

I am NOT moving to Arizona though!
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