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<p>[QUOTE="imrich, post: 4815252, member: 22331"]I could write a thesis on the disadvantages of having property other than your homestead. Suffice to say it's an easy target for a myriad of entities looking to expand their resources for physical/finansial attack, legislate control of, dictate value of, etc..</p><p><br /></p><p>You can't move real estate, and it's greatly "targeted" by government, renters, gangs, agencies (e.g. insurance, repair, inspect, etc.) as a source for power/funds.</p><p><br /></p><p>Can you possibly imagine the costs to the owners of the structures destroyed by the societal parasites looting, burning, occupying. Try getting insurance on a property that has had natural or intentional damage (lightning/fire, vandalism/destruction, etc.) LOL, based on numerous practical experiences. I personally can't afford insurance, but I'm required to have liability. Try negotiating "real value" of property with a government assessor before/after destruction. LOL, you'll learn about the labyrinthian process for abatement and subjective value establishment.</p><p><br /></p><p>Just a brief overview of restrictive reasons for considering the disadvantages of physical (real estate) property, and we haven't started on who might get the "Gold Mine" or shaft in dissolution process. LOL</p><p><br /></p><p>JMHO[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 4815252, member: 22331"]I could write a thesis on the disadvantages of having property other than your homestead. Suffice to say it's an easy target for a myriad of entities looking to expand their resources for physical/finansial attack, legislate control of, dictate value of, etc.. You can't move real estate, and it's greatly "targeted" by government, renters, gangs, agencies (e.g. insurance, repair, inspect, etc.) as a source for power/funds. Can you possibly imagine the costs to the owners of the structures destroyed by the societal parasites looting, burning, occupying. Try getting insurance on a property that has had natural or intentional damage (lightning/fire, vandalism/destruction, etc.) LOL, based on numerous practical experiences. I personally can't afford insurance, but I'm required to have liability. Try negotiating "real value" of property with a government assessor before/after destruction. LOL, you'll learn about the labyrinthian process for abatement and subjective value establishment. Just a brief overview of restrictive reasons for considering the disadvantages of physical (real estate) property, and we haven't started on who might get the "Gold Mine" or shaft in dissolution process. LOL JMHO[/QUOTE]
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