I could use some opinions here. My wife is going to school to be a Nurse Practitioner, and we plan to go to Anchorage, or Wasilla for a two year contract. We live pretty simply now in a small town in Northern Minnesota. I fish year round, and take a couple of deer every fall with the bow, plus grouse, duck, rabbit, and turkey. We pick blue and blackberries, raspberries, and we have a large garden, fruit trees, and chickens for meat and eggs. I even started growing mushrooms this year. Our house is a beat up old farmhouse that we bought for 46k, that didn't have heat, water, or electric, and still needs some work. Point of this is that we don't live extravagantly now, and wouldn't intend to there.
As of now, the place that she would work will pay off a bunch of her school loans if we go up for two years. I have worked as a prison guard for the last 13 years, and I just don't want to do it anymore. I could care less where I work, as long as it is a half way positive environment, and does not involve working around pedophiles anymore. With even a 10.00 job, we would be making around 160 gross when you combine salaries.
The issue is that we have 3 big dogs. When I say big, I mean a combined weight of 400+ pounds of dog. We have a French Mastiff, German Shephard, and Newfoundland. I checked rent prices for something with a big enough yard and a couple of big dogs, and we are looking at 2500 a month minimum. For two years rent, it would be 60k. I know real estate markets are tricky, but if we bought a house, then sold a house after 2 years for a 30k loss, we would still end up around 18,000 ahead, barring major home repairs. If we really like it, we might stay up there for the summers, and winter in Florida, so the house payment would just keep being made from down there as the traveling healthcare companies will set you up with, and pay for your housing if we went down there for winters.
With real estate markets up there being however they are, what do you think? Rent or buy?