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this post was submitted on 25 Oct 2024
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Showerthoughts
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"On purpose" here means "Buying a house isn't an option anymore"
The most popular of these vans costs as much as a house.
That's if you buy one new, which is only gentrified relabelling of RVs. I just converted a bus myself for 25k, which is what most people who actually live in them full time do. Anyone buying one is likely using it as a "second home" aka RV.
You can probably get an old delivery van, fix it up, tune it, and modify it to be a GREAT rolling residence for like a fifth of that.
Absolutely. In 2020 (early days of the lockdown) I picked up a "new old stock" 2019 4x4 Sprinter Passenger van for $46k. I spent $5k Minimally converting it, and it has been my travel vehicle ever since (my wife and I do not fly).
The point of my response was that assuming that someone choosing to live in a van is because they can't afford a house (as the previous comment implied) is incorrect. There are a tone of those Revel vans out there. Some people are choosing to live the van life because they want to, not because they have to.
That's a cheap house.
Depends where you look. ~$260k still gets you a decent house in most places. The problem is that the same house was under $150k in 2019.