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Cake day: September 3rd, 2025

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  • mermella@piefed.socialtoWork Reform@lemmy.worldA reminder
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    14 days ago

    I bought land with this mentality. Permanently reducing my costs and investing in off-grid infrastructure to make retirement cheaper.

    I think it’s also the culture of seeing real estate as an investment. People buy houses planning on selling after they’ve lived there. I personally don’t think I can tolerate the risk of using equity as leverage for paid off land, because then there’s a risk the bank will take it. I’d rather leverage things I can live without if the bank takes it for whatever reason.