Here’s the problem. Us old folks own our homes. Regardless of what they sell for, we need to replace them. Whatever we’d buy would generally be a lot less desirable given the prices and how they’re building them now. Also, us old folks just hate change. It’s very disturbing, psychologically. And, what’s my motivation? I want to do something to the younger generation? (Let me check my giveashit meter...nope, nothing.)
Correct. I bought a well built home in 1999. It is paid off.
It is too big for our needs now, but it is a paid off asset.
This is my home and I will stay as long as possible.
If my wife and I are dead, we will leave the house to our kids to sell off.
I am with you.
Why in hell should I give up my ocean and sunset view to the generation that gave us Øbowel and Bidet* ?
And, I like my little free state getaway in Arizona.
Nope, they cannot have either one.
Cold dead hands and all.