Loading ...At first, it seemed logical that it would be for property. Farmland, maybe, or conventional real estate, either residential or commercial. But, you know, real assets like G&S. But now, after the government, and the climate lunatics (but I repeat myself) have got stuck into everything, and chatting to farmer friends who cannot get labour and whose kids, having seen how tough it is to raise cattle and wheat with all the regulations and form filling and ministry oversight … nah, too old and grumpy for all that. Likewise with rentals. Older buildings need maintenance, which is just soooo expensive nowadays, and upgrades for fire regulations, and insulation, and, and, and …. a mate with an apartment in Sydney is selling it because there’s been no return for the last few years because of the costs. New houses start falling apart within a few years so they aren’t any better, and then you have to deal with tenants too. Bonds? Hohoho. Stocks? Maybe, maybe not. They need managing too. I guess I’m getting lazy. So, why sell at all? Just leave it to the kids as it is.
No Comments
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.