I really would like to spend the next few years traveling all across the world. I also like the idea of "slow travel" to explore places at my own pace and learn what life is like as a local of the destinations I would visit.
One solution I thought of was to live out of Airbnb full-time.
I feel like the pros may outweigh the cons.
-Visit new places on a month-to-month basis.
-Fully furnished living space with utilities included.
-Not locked into a lease.
-Discounted rates for booking monthly.
-Can visit different places each month or stay for more months if I wanted.
-Can be centrally located close to specific places (depending on monthly budget)
-Higher daily cost of living than renters and homeowners than if I were to have a lease or mortgage in the locations I visit.
-Airbnb locations might not be the same quality as they are in pictures.
-Locked into a month-long commitment/booking and might lose money if decide to leave early or don't like the location.
- Basically renting, so I'm losing money I will never get back in the form of equity if I was to buy a home.
Considering where I live it costs around $2,000/M to live in my small hometown, I don't see much risk in taking this place and running with it.
I am curious to know what others here think about living in short-term rentals and what your experiences have been like living and slow traveling to places around the world.