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July 7, 2011 at 11:27 AM #709174July 7, 2011 at 12:28 PM #707974briansd1Guest
bluehairdave, I own real estate as part of a diversified portfolio. I just choose rent the place I live in.
Married and living in suburbia? Been there, done that. I like the choices I have now.
[quote=bluehairdave] Nothing to pass on to your kids in the form of an estate if you had them?
[/quote]Do your kids want an old house that needs upkeep or do they want a diversified portfolio of assets?
My cousin owns an old house free and clear outside of New York City. She has to maintain it and is putting a lot of money into it — money that could be invested for a return on investment. She’s now putting in an elevator for old age. Her kids like to come home to visit, but they have no interest in ever living in the house.
Also, do you actually believe that, as a rule, people are passing on houses free and clear to their kids? If that were the case, what would happen to housing sales and values a few decades down the road, if each family had less than two kids?
July 7, 2011 at 12:28 PM #708070briansd1Guestbluehairdave, I own real estate as part of a diversified portfolio. I just choose rent the place I live in.
Married and living in suburbia? Been there, done that. I like the choices I have now.
[quote=bluehairdave] Nothing to pass on to your kids in the form of an estate if you had them?
[/quote]Do your kids want an old house that needs upkeep or do they want a diversified portfolio of assets?
My cousin owns an old house free and clear outside of New York City. She has to maintain it and is putting a lot of money into it — money that could be invested for a return on investment. She’s now putting in an elevator for old age. Her kids like to come home to visit, but they have no interest in ever living in the house.
Also, do you actually believe that, as a rule, people are passing on houses free and clear to their kids? If that were the case, what would happen to housing sales and values a few decades down the road, if each family had less than two kids?
July 7, 2011 at 12:28 PM #708669briansd1Guestbluehairdave, I own real estate as part of a diversified portfolio. I just choose rent the place I live in.
Married and living in suburbia? Been there, done that. I like the choices I have now.
[quote=bluehairdave] Nothing to pass on to your kids in the form of an estate if you had them?
[/quote]Do your kids want an old house that needs upkeep or do they want a diversified portfolio of assets?
My cousin owns an old house free and clear outside of New York City. She has to maintain it and is putting a lot of money into it — money that could be invested for a return on investment. She’s now putting in an elevator for old age. Her kids like to come home to visit, but they have no interest in ever living in the house.
Also, do you actually believe that, as a rule, people are passing on houses free and clear to their kids? If that were the case, what would happen to housing sales and values a few decades down the road, if each family had less than two kids?
July 7, 2011 at 12:28 PM #708820briansd1Guestbluehairdave, I own real estate as part of a diversified portfolio. I just choose rent the place I live in.
Married and living in suburbia? Been there, done that. I like the choices I have now.
[quote=bluehairdave] Nothing to pass on to your kids in the form of an estate if you had them?
[/quote]Do your kids want an old house that needs upkeep or do they want a diversified portfolio of assets?
My cousin owns an old house free and clear outside of New York City. She has to maintain it and is putting a lot of money into it — money that could be invested for a return on investment. She’s now putting in an elevator for old age. Her kids like to come home to visit, but they have no interest in ever living in the house.
Also, do you actually believe that, as a rule, people are passing on houses free and clear to their kids? If that were the case, what would happen to housing sales and values a few decades down the road, if each family had less than two kids?
July 7, 2011 at 12:28 PM #709184briansd1Guestbluehairdave, I own real estate as part of a diversified portfolio. I just choose rent the place I live in.
Married and living in suburbia? Been there, done that. I like the choices I have now.
[quote=bluehairdave] Nothing to pass on to your kids in the form of an estate if you had them?
[/quote]Do your kids want an old house that needs upkeep or do they want a diversified portfolio of assets?
My cousin owns an old house free and clear outside of New York City. She has to maintain it and is putting a lot of money into it — money that could be invested for a return on investment. She’s now putting in an elevator for old age. Her kids like to come home to visit, but they have no interest in ever living in the house.
Also, do you actually believe that, as a rule, people are passing on houses free and clear to their kids? If that were the case, what would happen to housing sales and values a few decades down the road, if each family had less than two kids?
July 7, 2011 at 1:12 PM #707984(former)FormerSanDieganParticipant[quote=briansd1]
Do your kids want an old house that needs upkeep or do they want a diversified portfolio of assets?
[/quote]
I don’t remember anything about my parents portfolio of assets. But I watched and learned a lot seeing my Dad repair plumbing and other things on our house.
July 7, 2011 at 1:12 PM #708080(former)FormerSanDieganParticipant[quote=briansd1]
Do your kids want an old house that needs upkeep or do they want a diversified portfolio of assets?
[/quote]
I don’t remember anything about my parents portfolio of assets. But I watched and learned a lot seeing my Dad repair plumbing and other things on our house.
July 7, 2011 at 1:12 PM #708679(former)FormerSanDieganParticipant[quote=briansd1]
Do your kids want an old house that needs upkeep or do they want a diversified portfolio of assets?
[/quote]
I don’t remember anything about my parents portfolio of assets. But I watched and learned a lot seeing my Dad repair plumbing and other things on our house.
July 7, 2011 at 1:12 PM #708830(former)FormerSanDieganParticipant[quote=briansd1]
Do your kids want an old house that needs upkeep or do they want a diversified portfolio of assets?
[/quote]
I don’t remember anything about my parents portfolio of assets. But I watched and learned a lot seeing my Dad repair plumbing and other things on our house.
July 7, 2011 at 1:12 PM #709194(former)FormerSanDieganParticipant[quote=briansd1]
Do your kids want an old house that needs upkeep or do they want a diversified portfolio of assets?
[/quote]
I don’t remember anything about my parents portfolio of assets. But I watched and learned a lot seeing my Dad repair plumbing and other things on our house.
July 7, 2011 at 1:48 PM #707994JBurkett19ParticipantTry living in your diversified portfolio. What no bed or toilet in there? Try growing food to eat in the back yard of your diversified portofilio. Outside of water, there is no other asset more important that land. In order for land to be best utilized, you need a dwelling on it, water to it and at least a piece to grow something.
Yes, other investments over time (given the right times of jumping in and out) might pay more money. But, no other investment protects you dignity, like a place to lay your head and a toilet to go in.
July 7, 2011 at 1:48 PM #708090JBurkett19ParticipantTry living in your diversified portfolio. What no bed or toilet in there? Try growing food to eat in the back yard of your diversified portofilio. Outside of water, there is no other asset more important that land. In order for land to be best utilized, you need a dwelling on it, water to it and at least a piece to grow something.
Yes, other investments over time (given the right times of jumping in and out) might pay more money. But, no other investment protects you dignity, like a place to lay your head and a toilet to go in.
July 7, 2011 at 1:48 PM #708689JBurkett19ParticipantTry living in your diversified portfolio. What no bed or toilet in there? Try growing food to eat in the back yard of your diversified portofilio. Outside of water, there is no other asset more important that land. In order for land to be best utilized, you need a dwelling on it, water to it and at least a piece to grow something.
Yes, other investments over time (given the right times of jumping in and out) might pay more money. But, no other investment protects you dignity, like a place to lay your head and a toilet to go in.
July 7, 2011 at 1:48 PM #708841JBurkett19ParticipantTry living in your diversified portfolio. What no bed or toilet in there? Try growing food to eat in the back yard of your diversified portofilio. Outside of water, there is no other asset more important that land. In order for land to be best utilized, you need a dwelling on it, water to it and at least a piece to grow something.
Yes, other investments over time (given the right times of jumping in and out) might pay more money. But, no other investment protects you dignity, like a place to lay your head and a toilet to go in.
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