The Whole Money Thing

My wife and I get many different reactions from people when we mention our moving to a loft in downtown Springfield. A few are interested because the same thought has crossed their minds. A few are amused because our move seems the trendy thing to do. Still others are perplexed and simply nod.

We were discussing our move yesterday and it occurred to us that while empty-nesters are starting to move into more urban areas, this is not necessarily a trend that has hit southwest Missouri yet. We still qualify as odd. I prefer to say we’re trend-setting example-makers :-)

Another in the long list of reasons to do this: money.

Our rent payment will be a few dollars more than our current mortgage payment without the¬†attendant¬†maintenance expenses (e.g. $8,000 in the last 12 months for sewer and roof repairs).¬† Further, this move will also cut our transportation costs — already lowered by owning one car instead of two. I will continue to walk and drive a bicycle to work (and the Bear Line also comes into play for me now). And we’ll cut out nearly all use of the car to move around downtown — our most frequent destination for entertainment and some shopping.

As it turns out, car-centric planning has cost Americans dearly. One way to get off the congested-traffic rat race is to move close to employment and other frequent destinations.

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Comments 6

  1. Kenneth L. Kieser wrote:

    No more mowing the yard! I envy that!

    Posted 05 Mar 2013 at 11:58 am
  2. Jeremiah wrote:

    That is how I have always lived. I like to live no more than 2 – 3 blocks from where I work so that I may walk. I don’t see the point in owning a home, especially when I don’t have a family. If I get tired of living at a particular place, I am able to move with ease.

    I also choose to own as little furniture as possible for the previous reason. A lot of people have been brain washed by the “American Dream”, you know the one you have to be asleep to still believe in.

    Posted 05 Mar 2013 at 12:10 pm
  3. Khal Spencer wrote:

    Good thoughts, Andy. I hijacked them over to my own rant.

    http://labikes.blogspot.com/2013/03/transportation-costs-carcentricity-and.html

    Posted 05 Mar 2013 at 6:22 pm
  4. Steve A wrote:

    The contrast between your and my approach is dramatic. I’m aiming for a car-centric community with massively overbuilt roads. BUT, everywhere I want to go is either within 4 miles (everything except the community center is under 1.5 miles) OR has an express bus.

    Personally, I think both will work. When you come to visit, we’ll go fishing…

    Posted 06 Mar 2013 at 6:25 pm
  5. Michael wrote:

    Steve,

    From what I’ve seen on here and on springfieldcyclist.com it sounds like Springfield MO would fit your needs as well as it fits Andy’s.

    Posted 06 Mar 2013 at 11:14 pm
  6. Steve A wrote:

    The place I purchased is not in Missouri or Texas.

    Posted 07 Mar 2013 at 4:21 am