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> I live on a boat that I've paid with cash, and thus own.

Man, you're living the dream. I'm in Brazil, real estate prices in the big cities are on par with US or Europe, but credit is worse (interest rates are 9-10%). I'm starting to entertain this option, which would be perfect since we have such a long coast. I also love to be in contact with nature. The price of a decent 30 feet sailboat is half the price of a 1 bedroom downtown apartment (plus, you don't have land tax), so it also makes sense financially.

Do you have any experiences to share?




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