Colette mentioned in the comments section the other day why not just bite the bullet and buy a house up here. After all, the mortgage payments would probably be around $2,000 a month on a $300,000 house and we would get out of an apartment that we're clearly feeling a little frustrated with.
The problem, of course, isn't that a mortgage would be $2,000 a month (although that it is a mildly freaky number to look at). It's that there is also increased costs in electricity, not to mention costs we don't have right now, such as water and sceptic, municipal taxes, heating oil, homeowners insurance and other expenses that I can't even think of right now. I think it's safe to say that our costs would balloon up to closer to $3,000 a month on a house, which is considerably more than double what we have to pay right now.
People have different reasons for coming to Iqaluit. Some come here and love it. Some come here and last weeks. It's like any place, I suppose. Lord knows there are plenty of Newfoundlanders in Alberta working. Some may well love it there. But I suspect that most are there because the money is good.
It's not dissimilar to what we're doing in Iqaluit. We like the place well enough. If we didn't, we would already be getting fidgety and be planning on when we would be moving. But we're not. However, it doesn't feel like home either. Which means the original plan is in place - to save as much money as we can so we can do things that we want. We'll reevaluate around 2010.
And what do we want to do? Travel.
We're going to San Francisco in a few weeks. We haven't officially decided on 2007 yet, but a co-worker showed me this place in Costa Rica that's now high up on the list. I've just got to figure out how rainy is the rainy season of Costa Rica in July. We're thinking Italy in 2008, although that might change because of how annoyed I am with Italy winning the World Cup. It might be Greece instead. Australia or New Zealand is in 2009. Ireland and Scotland are tentatively 2010, although I'd love to go to the World Cup at some point. Perhaps I can strike a deal with Cathy - she can go to the Winter Olympics in Vancouver that year if I can go to the World Cup in South Africa. Hmmmm.....
And realistically, I don't see how we can go to those places and do fun, interesting things if we get a house up here. I mock Dups, but really, he's been to some amazing places and done some amazing things. I'm a touch envious of that. Not his Visa bill, you understand. But he's done some great travelling. So have many of my friends. And that's what we want to do.
So the house might be smart in the long run, but I think I'd rather look forward to Australia, personally...
Oh, and if people want to get an idea of some actual houses for sale in Iqaluit, go here.