SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: critical_mass who wrote (7864)7/28/2006 8:23:47 AM
From: Moominoid  Respond to of 220345
 
The house served as an orphanage at some point: "Dauersheim für Klein KInder" was written over the door with a picture of a boy and a girl. All the windows were smashed. Signs said that it was a building site and entry prohibited. Thing is that two descendant families owned the house. One American family did a deal with the German government fairly early after 1989 and got their share of money out if the property was sold. We only found about it when a lawyer contacted us and asked if we wanted to claim our property that was in 1995. Another family member slowed things down after that by claiming it all belonged to her.

So we managed to lose that piece of real estate to first fascists and then communists.

This is in the town of Halberstadt in the SW of the former East Germany.

However, the main point is that the fact we are still here is because we had other assets which could be used to gain immigration to other countries. None of my father's very broad family died in the Holocaust as a result.

Now in the previous disaster - the 1923 hyperinflation which my father remembered - land (but gold too) might well have been a good strategy. Well I guess the Great Depression was another disaster. Well, Germany was just a disaster area from 1914-1945 or 1989.