After I lived within the Marina neighborhood of San Francisco, I may stroll to limitless bars and eating places inside 10 minutes. It was the right place for twenty- and thirty-somethings to reside, socialize, and take pleasure in metropolis life.
Again in 2005, at age 28, I had simply purchased my first single-family residence—a good-looking three-bedroom home inbuilt 1924. It had appeal, but it surely additionally wanted work. I poured my coronary heart into reworking, including a second full lavatory and upgrading an previous half-bath. On the time, I cherished the method. Now, as somebody in his mid-40s, I dread the thought of remodeling ever once more.
Desirous to beautify my residence’s exterior, I positioned two giant clay planters with flowers exterior my entrance gate. It felt like a small solution to make my block somewhat nicer. However only a month later, at 1 a.m., I used to be jolted awake by a loud crash. After I went exterior, I discovered my planters smashed to items—most likely by some drunk passerby.
That second marked the start of my realization: residing in a house inside strolling distance of the whole lot may not be all it’s cracked as much as be.
Assume Twice Earlier than Shopping for a Dwelling in a Bustling Space
I do know most individuals suppose it is nice to be inside strolling distance of retailers, eating places, and leisure for comfort, however hear me out—there’s a robust counterargument to think about. I did not understand these items till I obtained older.
In the event you’re planning on shopping for a house, please take my suggestions significantly.
1) Heavy Foot Site visitors = Extra Disturbances
In the event you can simply stroll to bars and eating places, meaning crowds from these locations can simply stroll previous your property. And with extra foot site visitors comes extra noise, mess, and occasional mayhem.
You would possibly get up to folks smoking or peeing close to your storage. You would possibly hear rowdy teams singing at 2 a.m. whilst you’re making an attempt to sleep. Worse, your property turns into a straightforward goal for vandalism or property harm.
There’s a cause rich owners desire residing within the hills or gated communities—they worth peace, security, and quiet. Assume Beacon Hill in Boston, Pacific Heights in San Francisco, Malibu in Los Angeles, Denny Blaine in Seattle, Hawaii Loa Ridge, Black Level, Diamond Head in Honolulu, and so forth.
2) Increased Crime Threat
The nearer you reside to a high traffic space, the better your possibilities of experiencing crime in or round your property. Simply check out any metropolis’s crime map—denser and extra well-liked areas are inclined to have larger crime charges. If even one out of each 10,000 folks passing by way of commits a criminal offense, your danger will increase just by residing in a location with fixed foot site visitors.
Criminals depend on quick access. They could stroll, take public transit, or drive to their targets. The extra accessible your property is, the extra weak it turns into to break-ins or vandalism. However, properties in much less populated areas are naturally safer.
In the event you reside within the hills, most criminals received’t trouble climbing up steep, winding roads to scope out targets. That alone filters out many potential threats who depend on foot site visitors, bikes, or scooters. What’s left are these utilizing automobiles or motorbikes, however even they like quick access. A secluded residence with fewer entry factors is just much less enticing to criminals.
Now, examine a house nestled within the hills to 1 simply three blocks from a bustling strip of eating places and bars. The latter is way simpler to surveil and assault. Criminals go the place the crowds are as a result of that’s the place the chance lies.
3) Elevated Temptation to Spend
Residing close to eating places, bars, retailers, and salons makes it far too straightforward to spend extra money. In case your favourite eating places are only a few blocks away, why trouble cooking? I fell into this lure once I lived within the Marina—frequent eating out turned the norm, consuming into my financial savings.
When the whole lot is shut by, the comfort makes you neglect about long-term monetary objectives. It’s simpler to justify an costly meal when it’s simply down the road, and the subsequent factor you already know, you’ve spent a whole bunch of {dollars} extra a month on meals and drinks alone. These sneaky expenses add up over time.
In the event you’re centered on constructing wealth, residing removed from these temptations could be a blessing. Comfort is nice, but it surely typically results in extreme spending that retains you working longer than essential.
4) No View, Simply Of Your Neighbor Throughout The Avenue
Most industrial hubs are constructed on flat land for accessibility. However meaning if you happen to reside close by, you doubtless haven’t any view. As an alternative of searching at water, timber, or hills, you’re observing your neighbors’ home windows or a row of storefronts.
When you’ve lived in a home with a view, it’s laborious to return. An incredible view is extra than simply aesthetically pleasing—it’s therapeutic. It improves psychological well-being and provides intrinsic worth to your property.
I bear in mind the primary time I moved right into a home with a sweeping view of the ocean. Each morning, I’d get up, sip my beverage, and go onto my deck and stretch. It was a stark distinction to my days within the Marina, the place my view consisted of an residence constructing and a nook comfort retailer that used to draw attention-grabbing characters.
5) Would possibly Make You Need To Work Extra At A Job You Dislike
I bear in mind getting mocked for shifting to the west side of San Francisco in 2014. An ex-colleague implied I used to be residing within the boonies, saying he’d by no means transfer west as a result of he labored downtown (east facet of town). However I noticed alternative—I used to be shopping for single-family, ocean-view properties at nice costs.
I simply shrugged and thought, You need to reside nearer to work so you possibly can sit in an workplace for 8+ hours a day below fluorescent lights? No thanks. At that time, I used to be two years into early retirement and had no intention of going again to work.
In a single model of the world, residing near work is right—no person enjoys a protracted commute. However in one other model, proximity to work doesn’t matter, both as a result of you possibly can work from anyplace or since you’re rich sufficient to not work in any respect.
If something, residing near work sends a certain signal. Possibly you don’t need to be considered as a workaholic, grinding away in an workplace simply to climb the company ladder. Being seen as a wage slave isn’t precisely flattering. If that’s the case, then selecting a house close to a bus cease, a MUNI station, or strolling distance to the workplace may not be one of the best transfer. Then once more, who provides a rattling what anyone else thinks.
The Dwelling In The Hills Away From The Madding Crowd
I’ll at all times bear in mind an evening in seventh grade once I was residing in Kuala Lumpur, Malaysia. A black Mercedes Benz 280 SEL with tinted home windows and fur seats pulled as much as take me to a celebration excessive up in Kenny Hills. In distinction, my household lived on the flatlands close to the American Embassy in Ampang. My dad and mom had already headed straight to the occasion from work and the host had kindly despatched a automotive to deliver me there.
As I stretched my legs so far as I may within the backseat, they nonetheless couldn’t attain the again of the entrance passenger seat. The 25-minute drive felt like an journey. The second we entered the Hills, I couldn’t cease rubbernecking in any respect the large mansions with towering gates. So this is how the top 1% lives, I believed, mesmerized.
Nothing was inside strolling distance of this residence, but it surely didn’t matter—the proprietor had a chauffeur. Right now, it issues even much less, given that just about something might be delivered on the faucet of a button. The older you get, the extra you admire the tranquility of residing away from dense city chaos.
I don’t need to party every week anymore. I’m not involved in bar hopping or consuming out always. If I would like one thing pressing, I’ll order it off Amazon or Uber Eats. The one factor I actually care about being close to is my youngsters’s college.
Past supply companies, we have now Uber and Lyft, making it straightforward to get round with out proudly owning a automotive. And by 2030, driverless automobiles will doubtless take us anyplace, even past metropolis limits, due to freeway entry.
With the rise of distant work and supply know-how, residing in a peaceable residence with a view isn’t only a luxurious—it’s changing into the popular selection. Earlier than shopping for a house inside strolling distance of the whole lot, suppose twice. The comfort could seem interesting at first, however over time, the fixed noise and exercise can put on on you. The one factor that by no means will get previous is tranquility.
Reader Questions
Would you quite reside in a house inside strolling distance of all of the motion and work, or would you favor a house removed from the hustle and bustle for extra peace and security? With know-how making the whole lot extra accessible and the rise of hybrid work, should not properties with extra space and scenic views begin commanding larger premiums?
Are you able to title some cities the place the most costly properties are situated within the coronary heart of the motion quite than within the hills? It’s an attention-grabbing debate—comfort versus tranquility.
Make investments In Business Actual Property
In the event you’re seeking to put money into actual property with out the effort of transforming, take a look at Fundrise—my favourite non-public actual property platform. Fundrise focuses on high-quality residential and industrial properties within the Sunbelt, the place valuations are decrease and yields are larger.
Some industrial actual property valuations have dropped to ranges close to the 2008 monetary disaster lows, regardless of in the present day’s stronger financial system and more healthy family steadiness sheets. Seeing this as a possibility, I’m dollar-cost averaging into the sector whereas costs stay enticing. Fundrise, a long-time sponsor of Monetary Samurai, has been a part of my technique—I’ve invested over $300,000 with them thus far.

A Dwelling Inside Strolling Distance Of Every thing Might Not Be Ultimate is a Monetary Samurai unique put up. All rights reserved. Every thing is written primarily based on firsthand expertise and experience as a result of cash is just too necessary to be left to pontification. To construct extra wealth, be a part of 60,000+ others and subscribe to my free weekly newsletter.