More Americans live in RVs as cost of owning a home rises
NBC Newsยท2025-09-23 01:00
Housing Affordability Crisis - Housing prices near Chattanooga increased by almost 50% since 2020 [3] - Individuals with a "normal job" making $15 per hour struggle to afford apartments without roommates [2] - Apartment costs are approximately $1,200 per month, excluding utilities [3] Alternative Living Solutions - An RV lot in Gravesville, Tennessee provides a more affordable living option [1][3] - RV lot monthly costs, including electricity and water, are around $550 [3] - Nearly 500,000 people in the US are living in RVs full-time [4] Community and Personal Circumstances - Retirement and proximity to family are driving factors for choosing RV living [2][3] - RV living allows for building a community despite tight living quarters [5]