Thursday, December 26, 2019

What's the Best Thing You've Ever Done for Yourself???

As the new year 2020 approaches, a question for the past:

-- What is the best thing you've ever done for yourself???

I read an article this morning on BBC news that brought home (pun intended) the best thing I've done for me:

https://www.bbc.com/worklife/article/20190826-the-holiday-islands-where-locals-have-nowhere-to-live

The article is about Airbnb rentals on holiday islands pricing locals out of affordable long term rentals.

I live on a holiday island, in my condo complex some non-resident owners have begun short term Airbnb rentals.  I have no problem with it (others do, it may be a heated topic at our next annual meeting).  I don't object because so far the short term renters have been pleasant and quiet.  Other than unfamiliar cars in the parking lot, one hardly knows they are here.  They come and go. 

My point is this:  buying my condo over 10 years ago is the best thing I've ever done for myself.  I have no fear that my rent will increase, I know I will always have a place to live and I will never have to move. 

I remember reading an article eons ago about Nantucket, same problem:  the workers can't afford to live there and need to commute to their jobs.  I read about California, similar situation... ever higher rents forcing people out of the cities or into homelessness. 

Wishing all a new year of peace and prosperity, and an affordable roof over your head.

Penny Pincher

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