Posted in r/povertyfinance with 33 upvotes. This hits home for a lot of people — here's the real answer.
There is a trailer in a park in my city that's only $23,000 or best offer. I figured I can maybe offer $17,000. It's in really good shape and new mechanicals and comes with a washer, dryer, and kitchen appliances, new roof, new water heater and furnace and central air. Lot rent is only $510/month plus utilities. After the upfront cost, I figure it'd be about $650/month. Pretty cheap, right? That's where I need you to convince me it's the right move. I'm 33 and live at home. I hate it here. I work from home and am too anxious to go out so I'm around my parents 24/7 and there is tension. I feel like my mom, especially, just stopped liking me some time in the past few months. I have the money in cash to pay for the trailer. I just have saved money all of my life for, what I thought,
Buying a trailer in a trailer park may be a cost-effective housing option, but it's important to carefully research local regulations, community rules, and long-term ownership costs before making a decision.
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