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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: benwood who wrote (78880)5/7/2008 9:49:22 PM
From: Elroy Jetson  Read Replies (2) of 116555
 
So you're saying if you sold your real estate at 4% a year for 25 years, you'd never never need another one.

I don't believe you.

Your scheme would only work out of you were dead at the end of 25 years. . . but then your heirs would still have the same problem.

An oil reservoir and a piece of real estate are identical in this respect. Once you sell it, it is gone until you buy another one.
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