and locked into a century lease for the land ?
Not in my future !
However , to be honest I live in a retirement community where I own my home ( purchased at about $30 per square foot at the peak in 2006 ) , but rent the land for $600 a month with landscaping care , pool and tennis courts , a nice clubhouse , great neighbors , lots of old growth trees , spacious lots , etc.
So I guess the idea is not so far fetched .