When you are in the building phase where your life is in one location im all for buying a home as personal consumption - its a forced savings tool and gives you stability while you build especially if you have a family and want location security However different to previous generations the "dream" is not owning a home in the suburbs - todays dream is time and mobility freedom as we are no longer limited to one location pre internet A great eg is Pavel Durov - owns nothing apart from his business and Bitcoin - doesnt own a car, or home etc and just use and dispose They are trying to sell you the old dream so that old people can realise their own dreams As any younger self sovereign type person now knows owning just means headaches I was staring at a scratch i made on a wall and thinking - bloody hell i need to get that fixed otherwise noone will do it, Looking at furniture and thinking the effort to move a heavy table if decide to move etc owning is a pain in the ass Ive personally set rules for possessions where am allowed to buy something but can only own one thing of it 1 watch, 1 pear of dress shoes, il order 10 of the same shirt etc and just simplify my life Ive also started to sell off furniture My goal in the end is to sell all real estate and only own digital assets and then own nothing but what fits in a suit case Hotel style apartments where furniture is included etc is the new dream where you dont need to hire anyone, no lawns and live globally even with a family - build to rent in the luxury sector is going to increase International home schooling/international standardised schooling for kids etc Im a couple years away from getting this all sorted out as you need to also organise situations with family members around it but wanted to share as I think this is only going to become more common for those that can Dont tie yourself down to the old dream by osmosis if you dont need to - really think about whats best for you and your family (I understand most cannot do this with their jobs etc) but I think the young wealthy who could be nomadic are still tied to the old world
@TuneLower Also i think when i mention hotel apartments - i dont mean hotel to hotel like some thrill seeker You can get 2 yr - 5 yr leases and have everything without needing to own or get furniture etc Or in just places the rent all inclusive Certainly not financially viable for all
Btw so people know I looked what does normal retirement living with care and stuff take in western country and what’s the quality of their retirement and amount of support needed physically etc from kids an so forth In many places for less you can have them in luxury with great care living in own place with 5 full time staff for less and they live better then they ever have in neighbourhoods where they can meet same people
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