[quote=briansd1]
What does that have to do with the cost of purchase or owning the house?
Plenty of women overpay for jewelry that they pass-on to their kids. The kids never wear it except perhaps for the wedding.
Maybe the kids would rather have a fat trust fund. [/quote]
Jewelry & RE are a mini trust funds in and of itself. It might not be multi-million dollar trust fund, but a gift is a gift. Why does it have to be an account at some bank to be a trust fund? What if it’s 10 properties at $500k each? It has everything to do with it, if you just read what you posted. Here’s what you said:
[quote=briansd1]What you like, the next buyer will not like and will want to rip it out. [/quote]
If I don’t sell it w/in the next 30 years, then it doesn’t really matter what other people think, since they can’t buy my house even if they wanted to. It’s not for sale. 30 years from now, I’m sure what I have today will be dated anyways, which means it’s time to upgrade/update. I doubt I’ll give this house to my kids in 30 years anyways. It’ll probably be more like 60 years, when I die.
