home ownership Archives - Page 2 of 3

November 29, 2021November 28, 2021

EP 15: Craig Faulhaber: Near-Death Experiences and Early Retirement

My guest this week is climber, math professor, and real-deal van lifer, Craig Faulhaber. On September 19, 2021 Craig was involved in a very serious climbing accident. This is the sort of accident that can end a life at worst, and dramatically alter its course at best. But, as you will hear in this conversation, Craig has an amazing sense of optimism in the face of very difficult life events.

To add to my shock at his accident, I was surprised to learn that Craig was on the cusp of retiring early just before his accident. Please enjoy this special conversation where we discuss the delicate nature of life, unconventional living, home ownership, relationships and marriage, and even the ethics of investing. Plus so much more!

November 15, 2021December 12, 2021

EP 13: Mike Doyle: Remote Work and the Climbing Life

Now seems as good a time as any to welcome back climber and software engineer Mike Doyle. Mike appeared on Clipping Chains for a written interview in February of 2020. At the time, I was curious as to how he managed to climb at an elite level while juggling a very demanding remote job. Mike was still managing to travel to multiple places a year for months at a time, taking his full-time+ job along with him.

After the arrival of the pandemic and surge in remote work, Mike’s original interview feels so much more relevant. In the intervening time, my wife and I have also experienced living and working while traveling, so my thoughts on this lifestyle have evolved dramatically. With all this in mind, the timing feels right to have Mike on for a deeper dive on the realities of the remote work lifestyle.

July 26, 2021July 26, 2021

Housing Affordability: This Isn’t Normal

I want to check back in on a topic near and dear to many: housing affordability. We’ve witnessed soaring real estate prices nationwide, with many cities exceeding a 20% year-over-year growth in sales prices of homes. Is income growth keeping up? For those looking to get into the housing market for the first time, can you expect better future prices or less competition?

Well, let’s see…

July 5, 2021August 26, 2021

Value Spending: How to Really Save Money

We used to worry about every dollar spent. But then we learned to stop fretting and live well through value spending, putting our efforts where it matters most.

Here’s how we made major and repeatable changes to our spending habits without materially changing our enjoyment of life.

March 8, 2021March 8, 2021

Eliza Marsh: We Can Make This Happen

Good morning. My ankle is doing much better. Sorry to alarm some of you with last week’s post. The photo was bad, but I’m fairly certain it’s only a sprain. Much more importantly, this week I want to welcome Eliza Marsh.

In this week’s interview, we discuss how Eliza has balanced a career with extended travel, and some of her unexpected surprises of life on the road. We examine how she manages full-time remote work, and how she recently stumbled on a new and exciting path towards saving for financial independence, which she rightfully recognizes as a great privilege. Perhaps most importantly, we’ll see how Eliza has completely reframed her mindset around money, her future, and how she plans to use this great gift of financial freedom.

February 8, 2021August 9, 2021

Your Questions Answered: Volume One

This week I decided to dig through my emails and finish answering some questions.

In this post we take another look at investing now vs later, the dynamics of financial independence without retiring early, housing and home ownership, more on day trading and investing apps, what the hell I do with my time, and much more.

Here is what is keeping you guys up at night, or at least spurring mild curiosity.

December 14, 2020December 19, 2020

And We’re Back to Home Ownership! But Why Now?

After years of planning, overanalyzing, and thinking too much, in July we listed our house in Denver for sale and hit the road. Our goal was to spend up to a year traveling in search of our next home base. Five months later and we are back to the game of home ownership again.

In this post we examine the unexpected location of our new home, the current home buying environment, and a hard look at whether current mortgage interest rates are the final incentive to jump into home ownership. Should you consider home ownership right now?

In our minds, we always assumed we’d end up back in Flagstaff, Arizona, where we both lived a decade ago while I attended graduate school.

Well, it didn’t turn out that way. So, where are you going to come visit us?

October 19, 2020October 18, 2020

Relocation: A Guide to Moving and Housing Affordability

We’re out on the road in search of our next home, our sights set on home ownership once again. In this post we examine the complicated process of relocation and the sticky, tangled spiderweb of housing affordability. Is housing in America becoming less and less affordable?

In this post we discuss:

Costs to consider during relocation
Home price and income metrics to affordable housing
National trends on housing affordability
How much a retiree should spend on a home
Our process for evaluating relocation options
Ways to make housing more affordable

August 31, 2020July 11, 2023

This Just In: The Real Cost of Home Ownership

In August, we closed on our home of seven years in Denver, Colorado. And against all odds, with a raging pandemic, unprecedented unemployment, and a very uncertain future, we sealed the deal on an offer far better than we anticipated.

In this post I run the final numbers on the economics of our seven years of home ownership. Despite the often-touted rule-of-thumb that home ownership is a great investment….well…was it for us?

This is part 3 in a series. To see other posts on the subject, check out Part 1 and Part 2.

July 6, 2020July 6, 2020

Selling Our House: On the Road, Pandemic Edition

Selling our house during a pandemic, life on the road

It’s July. Once again, coronavirus infections are surging across the country. Mrs. CC and I, in a moment of hopeful optimism a few weeks ago, decided to list our house for sale. Where are we going? We don’t know, we’ll be homeless. Will we have income? Not sure. Considering we’re hitting the road in one week, there’s the shocking reality that we really don’t have a plan. And if we are anything, we are planners.

So…where do we go from here?