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Post by iamjohnne on Dec 5, 2006 18:19:59 GMT -5
T-Bob, I don't think of it as bragging. Well, maybe, but damn, I'd be letting the world know too.
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Post by t-bob on Dec 5, 2006 19:42:54 GMT -5
If I cashed out of all my properties right now, I'd (we'd) have a shiteload of greenbacks, but need a home for my now extended family. And really don't want to move after extensive remodeling, including some high tech networking with music and video. Still, it's mighty tempting... I could live like a king in Central or South America for a long time. Maybe when dad leaves the planet and Graham moves out...
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Post by timfarney on Dec 5, 2006 20:26:13 GMT -5
Or you could live a nice life in a small town in South Carolina, Georgia, Alabama or Mississippi for the rest of your natural days. The climate is about the same. They speak something much closer to the same language, and the healthcare you're gonna need is up the road in the next city.
Actually, I just picked the South for the climate joke. There are places all over America where you could live out your retirement in comfort from the proceeds of the sale of a couple pieces of California real estate. Just about anyplace "rural," except, of course, for wine country. The Tri Cities area of Tennessee (Bristol, Kingsport, Johnson City) is very nice. Good healthcare. Lots of roots music. Lovely landscape tucked in close to the smoky mountains. And so far, pretty cheap. Especially if you get a few mies out of town in one of the surrounding, even smaller, towns.
Tim
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Post by Cornflake on Dec 5, 2006 20:51:08 GMT -5
You're right, Tim. It's kind of bizarre how housing prices are so high in some places and so low in others. If I were willing to relocate, I could quit work tomorrow.
I'd be bored out of my mind, though. And I don't want to quit working. And being a long way from my children and my music group is unacceptable. So I won't, but now it's a choice, not a necessity.
Like Bob, I apologize if this seems like bragging. It isn't. It's the thought processes of some of us who aren't all that far from retirement age and find that there are choices to be made. It's a very enlightening experience.
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Post by Doug on Dec 6, 2006 6:37:19 GMT -5
That moving with the retirement thing is going around.
Even leaving one rural area and moving to another is going to move me up the scale. At CA prices I think I'd get about 200 million for the 13 acres that I'm getting ready to sell rather than the 250k that I will get but that won't be a bad 20 yr return on $6k.
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