In my area the first 500k would buy you at least 150 acres, the 100k would buy a tractor to clear out enough woods for a house, put in a well, run power lines and septic. 200k would buy you the materials for any house you could imagine. 8 bedrooms 8 baths? Sure. A duplex with a workshop? Hell yeah. One ground floor and 3 sub-basement levels? Now we’re talking.
The last 300k would buy you a business in the local town for some income.
But with a million bucks you wouldn’t really be bound by location anymore. You could just retire somwhere that is cheaper and without the need to work most of your waking time you aren’t even really limited by language as you have plenty of time to learn a new language.
Shit a million bucks will at least buy you a house and then some
In my area you could buy three!
I feel like three houses!
In my area it will buy you a family home, but not a particularly special one.
In my area the first 500k would buy you at least 150 acres, the 100k would buy a tractor to clear out enough woods for a house, put in a well, run power lines and septic. 200k would buy you the materials for any house you could imagine. 8 bedrooms 8 baths? Sure. A duplex with a workshop? Hell yeah. One ground floor and 3 sub-basement levels? Now we’re talking.
The last 300k would buy you a business in the local town for some income.
But with a million bucks you wouldn’t really be bound by location anymore. You could just retire somwhere that is cheaper and without the need to work most of your waking time you aren’t even really limited by language as you have plenty of time to learn a new language.
Depending on where you live. I moved away from the Bay Area because $1M wouldn’t get you a starter home an hour drive away from the city.