/biz/ - Business & Finance

Why should or shouldn’t I just skip the rat race entirely and just downsize my life in order to not have to pay rent or a mortgage? I work remotely, so why shouldn’t I just buy some cheap land somewhere and plop down one of these cheap modular houses on it and call it a day? What’s the catch here? I understand that these things don’t appreciate in value like regular houses do, but it would free up my money to be invested in other shit, right? Let’s say I buy $100,000 in land and drop a measly $50,000 on the structure (at MOST), install some solar, a well, and a septic system and I’m self sufficient for life. What’s the catch here? Seems like a way better option than being a slave to an $800,000 mortgage.