We've been to the Reno area numerous times over the years, looking at housing. Real estate prices there have gotten increasingly insane (though not at the mind-boggling over the top absurdity of prices in CA). It seems like half the population are real estate agents. Pricing is apparently influenced a lot by people moving from CA. A nice area but I wouldn't buy in right now. I read recently that that area now has one of the highest foreclosure rates of any city, a sure sign that it's become infested with house flippers.
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We've been to the Reno area numerous times over the years, looking at housing. Real estate prices there have gotten increasingly insane (though not at the mind-boggling over the top absurdity of prices in CA). It seems like half the population are real estate agents. Pricing is apparently influenced a lot by people moving from CA. A nice area but I wouldn't buy in right now. I read recently that that area now has one of the highest foreclosure rates of any city, a sure sign that it's become infested with house flippers.
Personally, we don't want to live in a city, we're looking for that big patch of land 35+ acres, so Reno is out of the question is any event.
SteveR..thanks so much for taking the time to locate a lot. It's actually way too flat and plain for us. (We want something spectacular with red rocks, mountains etc...hey doesn't everyone!) but I truly appreciate the suggestion.
I think having that much land in 2 places is high maintenance and highly vulnerable to trespassers. What happens when you are not at one of the two places for a number of months? Someone could camp out and virtually destroy the place without a neighbour even being aware. I can't imagine taking those risks.
Thats too funny...never even considered that someone would be living out in the back of my 200 acres...heck, I have parts of my property I've never even explored yet, and most I've only walked once a year or so...I should check it out...may Osama Bin Laden is hiding out in my woods! Don't really buy that its much of a risk...thats what umbrella policies are for.
I leave my place for months at a time...I know hunters go out back, but I never see them - and as long as I don't see them, I don't mind much.
Thats too funny...never even considered that someone would be living out in the back of my 200 acres...heck, I have parts of my property I've never even explored yet, and most I've only walked once a year or so...I should check it out...may Osama Bin Laden is hiding out in my woods! Don't really buy that its much of a risk...thats what umbrella policies are for.
I leave my place for months at a time...I know hunters go out back, but I never see them - and as long as I don't see them, I don't mind much.
The liability part isn't the issue. Vandalism and destruction of property is the larger risk. It is not unheard of that hardened criminals camp out in places (including buildings) that are not frequented much, nor is it unheard of that local high school party animals locate and use such properties (and virtually destroy them) as a result of their 'activities'.
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Join Date: Feb 2004
Location: Portland, Oregon
Posts: 7,113
Re: Best Places to Retire?; Need Two....
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Originally Posted by AltaRed
...nor is it unheard of that local high school party animals locate and use such properties (and virtually destroy them) as a result of their 'activities'.
Todays youth must have learned a thing or two from their parents/grandparents.* Sounds just like some of the stunts my peers pulled in the 50's.
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