Man Buys Cruise Ship Apartment, Cheaper than San Diego Rent

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Twenty-eight-year-old Austin Wells of San Diegotold CNBC that he can make it happen because it’s cheaper than living onshore in Southern California and he gets to see the world. “The thing that most excites me is I don’t have to upend my daily routine, in order to go see the world,” Wells told CNBC.

Wells purchased an apartment on the MV Narrative, which is currently being built in Croatia and sets sail in 2025.

The rough math for Wells' dream makes perfect sense. He purchased a 12-year lease on the ship for $300,000. That comes to about $2,100 a month if he didn’t have to take out a loan. By comparison, most apartments in San Diego cost more than $2,100 per month in rent.

28-year-old buys cruise ship apartment because it's less than renting and he can see the world

An all-expenses-paid life for about $50,000 a year? Sounds like a deal.

www.upworthy.com

 

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This story reminds me of a local story.

An elderly couple sold their home and instead of moving to an assisted living apartment they moved into a local a suite at Holiday Inn. The monthly rent at the hotel was 80% less than the assisted living apartment would have been, and they took meals in the hotel restaurant or from local delivery.