Quote:
Originally Posted by CoachKandSportsguy
SO most of them have a different mind set than you. You may have bought your near ideal house and financially secure. Others might want to take the appreciation and build another house at a cheaper price as its cheaper to build in a new location or build a better house with the profits. . also there are divorce reasons, medical/death reasons, family reasons. . those three reasons are the big three which a retirement population deals with all the time. . . and cause house turnovers. . . the fourth is house appreciation to add to financial security. .
fifth is downsizing with age . . . not high on the list. .
we bought ours at $355, currently zillow at $560, that's a nice chunk of change if we needed more savings for retirement . . .
so the answer is not everyone thinks like you, not everyone has your financial situation, and if you are wanting to move to TV, a resale gets you here faster, if you can afford it. .
have an open mind. .
psychological guy
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Well stated ! The "turn over" here probably is a much higher percentage than an average community. The increase in property value (as you expressed your own case) is probably a major factor. Our very close friends, financially secure friends, suddenly decided to sell their villages home (they had 2 homes for years) and spend all the profits (substantial and sold the 3rd day it was one the market !) traveling the world while they are in good health. They just returned from 15 day cruise and will be heading to Europe in just a few weeks for many weeks of river cruising, and 3 more trips planned following that. So far, they love the traveling more than having a vacation home in Florida.. again, we all have our preferences and desires. Best to follow them is my philosophy...LOL !