Anyone familiar with this site knows I’m a big fan of geoarbitrage. When done correctly, it’s a great way to lower your housing costs and free up a lot of money for investing. For example, Mrs. Groovy and I lowered our housing costs to roughly 3% of our household income by relocating to Charlotte. Had …
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Do you live in a high-cost city or state? Are you geo-curious?* Anyone familiar with this blog knows I’m a big fan of geoarbitrage. In 2006, Mrs. Groovy and I left high-cost Long Island for low-cost Charlotte, North Carolina. It was the best move we ever made. In one fell swoop, we dramatically changed the …
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Today’s definitely not a manic Monday. Yesterday I got word that my interview on Choose FI will be available today. What’s Choose FI? Only the top-rated financial podcast in the world according to a recent poll of the Rockstar Finance community. I’m a big fan of Choose FI. The two hosts, Brad and Jonathan, are …
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Anyone familiar with this blog knows that I’m a big fan of geoarbitrage. In the words of the immortal Chico Escuela, “Geoarbitrage has ben berry, berry good to me.” But what if you’re muddling along financially and you already live in a low-cost city or state? What if because of health issues, allegiance to family, …
Continue reading “Can Spatial Arbitrage Substitute for Geoarbitrage?”
My retired aunt recently moved from Long Island, New York, to Wake Forest, North Carolina. It wasn’t easy. Packing all the furniture and stuff she crammed into her house over the course of 40-plus years and moving it 500 miles south required a lot of work. But thankfully all that work was worth it. No …
Continue reading “The Shockingly Simple Math Behind Abandoning a High Cost State in Retirement”