Recessions happen every few years. We’re getting overdue for one.
Goal during the next one is to purchase enough rental housing so I can bow out of the race for the rest of my life and do whatever the hell I want to.
Fifty-sixty grand a year or so, adjusted for inflation, should allow me to rock back on my heels and enjoy life. Maybe take some Federal loans and go to graduate school. Public university, which in NYC is dirt cheap.
Since I’m cheap as hell, I don’t actually need more. I have no interest in running to keep up with people whom I dislike. I have no interest in most material things other than income-producing housing.
I buy computers and phones for under $200 an item. I’ve never spent more than $3000 for a car. No real hobbies other than travel, and I tend to travel like a student, on the cheap. I’m a born repairman with a third-world scrounger, scrooge mentality, and I’m proud of this.
