I am recently started playing with a crazy idea:
- move out of my house in Zurich which and turn it into a rental
- live in a rental flat on the silver coast (Kilchberg/Thalwil/etc)
Moving would be painful, given the time I invested into fixing this place where I currently live. I would also lose the garden, which I enjoy and which produces a non-negligeable amount of fruit and vegetables. I would also lose the relationships I built over the years with the neighbours. Not to mention the loss of freedom of living in our own place, from which nobody can kick us out.
But we live in the wrong side of Zurich in terms of our jobs and the school of our children. Plus at the current level of income we would save something like 1K CHF/month in taxes if we moved to Kilchberg (the other towns come with lower tax cuts, but also lower rents).
I see that I could potentially find a flat big enough for us in Kilchberg for basically the same amount I could rent out my house for, or even (much) less if I decided to go to Thalwil/Horgen.
So financially it should work well, at least until I have a high income (should reach FIRE at some point in 5 to 10 years). It would also mean moving to a nicer area, possibly with a nice lake view, closer to the mountains and to Italy where we often drive for holidays.
But overall I find the idea crazy and possibly opening a hell of applications/rejections/moving/furnishing, i.e., headaches.
It would be perhaps better if I could find something reasonably priced to buy, but prices are just crazy and there is simply not much out there for sale it seems like.
Please stop me