Rent is dead money. Or is it ?

[Charliewool]

Originally Posted by xxx000

Even as a home owner I find your sweeping negative generalisations about renters quite staggering.
But then I've also been amazed by your unfounded fears about opening your resort room door at night in Fiji and contrasting that your unbridled trust in a stranger in Thailand that led you to a less than pleasant situation.

Spot on this xxx000
I also was SO SO tempted to jump in and set the man right on Fiji..
25 plus visits AND I'd live there in a heartbeat.

BUT... I will resist and give Mr benito time to mature

[Syndrome]

I will throw the cat amongst the pigeons. There have been no capital gains in the last few years when compared to CPI.

http://www.macrobusiness.com.au/2014...-8-below-peak/

[Auslandau]

Originally Posted by f6_benito

How is having nothing to show for your work teaching the kids the value of hard work and a dollar? The parent needs to be a good example in this regard. You cant expect your children to go out and strive to make a good life for themselves if the parent has nothing to show for themselves as the example. To teach your children good life skills you need to lead by example, not say "do as I say but not as I do"..

Oh and we come out ahead at the casino $100 a hand blackjack so I didn't donate anything to the casino, in fact they paid for my night out.

Well ..... what can you say against that and everything else. I was going to have the last say but deleted it. It aint worth it, but ......... just remember though, people have different priorities to others and if you value a persons worth on their bank balance alone, that is a really sad position to be in.

Sorry but the thread is done. People need to just do what they can do, without worrying what other people think. If you can afford to buy ..... do it. If you can afford to rent ....... do it. Both are an acceptable part of living.