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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Think4Yourself who wrote (58987)8/3/2006 12:43:16 PM
From: MulhollandDriveRespond to of 306849
 
Bootstrapping is when something brings itself up. A computer bootstraps itself when you turn it on. </i>

ah, i see....i thought that was the gist of what you were saying....

where i'm from, we call that gentrification

;)

i think to over-improve is something which by definition should be avoided...

otoh, i agree with you in that if you plan on living in your home for a number of years, by all means, create your environment according to your taste, recognizing that you will not necessarily recoup your costs

of course that type of attitude reflects the idea that your home is not an "investment", but a reflection of who you are and where you live

i have a friend, widowed, who lives in a fairly nondescript looking condo, the building itself (though the grounds are simply beautiful, gorgeous mature trees everywhere, and lakes on the complex).....she has spent a tremendous amount of money remodeling the interior to her taste, and it is simply beautiful inside, almost shocking because of the contrast to the nondescript outside of the unit...

she bought the place for it's proximity to her friends, interests, and ease of day to day activities....and she plans to stay

her place is so gorgeous inside, yet small, i dubbed it the "jewel box" for her <gg>