Wow my daughter and I were just discussing this very issue after watching the show. I expected that many would either loose the homes or just not be able to afford to keep them up etc. too many people do get caught up in thinking hey I would love for that to happen without thinking ahead to the upkeep costs and plain old operating costs to such homes. The wife and I have been fortunate enough recen tly to have been given a home by her grandfather in a wnderful neighborhood in Florida.
I gave up a job working for a really good friend of mine in Ohio making a good wage to move here for this gift. The taxes and insurance on a home of this value in an area where the insurance alone is too expensive for many moderate income families to afford a good policy is going to more expensive than rent alone that we were paying. Cost of living here is from what I see so far about 25 to 30% more and I am talking about the general things from gas to groceries.Wages here are for the most part about 25% less than back in Ohio.
I know most people will think well hey you wont have any heating bills but I wonder how many also think how much the electric bills are to run air conditioning year round !! Anyways now I have really went and posted alot of garb to read and this is a short post blog I know but too many people think on a short term basis.Just think people think. It is free and it is the most expensive thing not to do today!