Dentaltown November 2019 - 51

taxes go toward already). The kicker is that the public schools probably have better education, but
the kids don't thrive in that environment in this area. $12K is a ton of money when you have school
loans, practice loans and house notes for a house that shouldn't be that expensive.
I agree that we don't have a lot of high-end cases going around, but we also don't have
growth to our area. Can't go east or west (swamp), can't go north (lake) and you can't go south
(river). NOLA is boxed in. Let's not forget the fact that there will come a time in the next
30-50 years when some of these hurricane-prone areas will not be habitable due to the risk and
surge. (Coastal restoration is the most talked-about yet poorly executed thing I read about.)
Mortgage and insurance companies would be stupid to write policies or give out money to
anyone in certain coastal areas. I don't want that for my kids. I can move to Tennessee and
make more money with my skill set, educate my kids better for less and not have to worry about
hurricanes. Money, prosperity, safety: Count me in, baby! ■
9/11/2019

I hear you. Insurance rates for flood and homeowners are insane. It can be almost equivalent
to the P&I payment on a mortgage. Unfortunately, I'm 17 years into practice with just renovating and opening my own practice in the past two years. So equipment loans, payroll and all the
other stuff that goes with running a practice sometimes makes me wonder why I don't just go
drive for UPS or work the lumber aisle at Home Depot. ■

Bewildered
Member Since: 04/02/03
Post: 15 of 44

9/11/2019

TX Yooper
Sold my practice in
Member Since: 01/01/06
Washington nine years ago,
Post: 17 of 44
right before the Delta fiasco,
and moved to Texas. Have not regretted it once, but I
do miss the scenery, my cabin and my friends.
Financially, you'd be a fool not to move, based on
what you posted. Being out of debt leaves you a world
of opportunity and flexibility. Unlike a lot of others on
here who feel stuck. ■
9/11/2019

Jamar M Jackson
Given these options, I'd
Member Since: 04/03/05
probably move. I'd sell the
Post: 18 of 44
house, but like another poster
mentioned I'd buy property to rent out before buying
another home. If you're gonna pull the trigger, I'd get
out now while the economy is still good. If we hit a
major correction or recession you may end up stuck. ■
9/11/2019

toothpaste
For those who moved, did
Member Since: 10/15/11
you buy the practice again
Post: 19 of 44
fairly quickly or work as an
associate? What was your rule of thumb for picking the
new city? This doesn't apply to me, but I'm fascinated
to learn more. ■
9/11/2019

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Dentaltown November 2019

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