Submitted by yojvek82 t3_y9biw5 in personalfinance
I find myself in a bit of a pickle. Moved to Louisiana in Aug 2020. We have a great home, a brand new build, and locked in a 30-year mortgage at 2.5%. The unfortunate part is we really do not like where we live. Not the town, but just living in the south. On paper, I can't justify moving. Ultra-low cost of living, affordable housing, and cheap money for 30 years. But, emotionally we're just not content. Not necessarily unhappy, but no way we can see ourselves living here forever. And, we feel moving elsewhere will give our kids better options and certainly better job prospects as they grow. But when we consider rising interest rates and the bonkers housing market everywhere, we feel stuck. Anyone else go through this? How do I make a rational decision?
EDIT: Current 100% remote job. No debt other than mortgage and one car payment (also ~2%).