I don’t own it free and clear as indicated in my previous post comparing rental prices to my mortgage so I’m not going to bank $1,000,000+ and stick it into muni’s. I guess I could make about $1500 on my equity, but I could also get a decent return by taking the Rex and Co. payout and sticking that in a CD. If I was convinced that prices were headed way down for a protracted period I would do that Rex and Co. payout immediately. It’s a great hedge, but the people behind the company are smarter than me and I’m wondering why they want to send me a $200k interest free non-taxable check to get a portion of my future equity gains which everyone here is certain does not exist.
