Reply #156: Real estate is just like any other financial investment

[MissB]

It should only be considered if it benefits you financially. If it doesn't, then one should probably not consider it.

Selling the property at some point in the future is just one more way to help fund a comfortable retirement. Putting that money towards rent won't help our family reach our financial goals.

That is true of most people that invest in real estate, no matter where they fall on the income spectrum.

I've never stated that making $100k is hard, have I? I'm merely trying to point out that it isn't all Mercedes and caviar like some apparently think it is. My life isn't much different from yours. I still pay bills each month. My money does not yet work for me.

Class wars between the middle class and the upper middle class are stupid. If you're still working for your money like my family is, then you're in the same boat as I am. If your money is working for you, then great! You've made it. Time to hire the maid.

(Oh, and I can't really see much prestige in my plywood cabinets or my appliances from 1962. If you can, more power to you.)