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Money and Finances
Reply to "Do you know people who have money but aren't buying a home?"
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[quote=Anonymous][quote=Anonymous]Sure. They have commitment issues and can be obsessive compulsive. [b]They also don't value community living. All of their money is in the stock market and they're rich.[/b][/quote] Hate to break it to you but many (most?) neighborhoods in the DMV are NOT community living? Lots of investor owned properties where renters move in and out yearly. Lots of neighborhoods with all owners who never talk to each other and MAYBE wave hello as they peel out of their driveways on their way to their super important jobs. As for the market thing -- when I lived in NYC this was definitely true. I ran with a banker crowd and they prided themselves on generating more appreciate on their money yearly than appreciation in the real estate market (which isn't insignificant in NYC on a yearly basis). So yeah -- their financial goals may be "non traditional" but no less worthy than yours.[/quote]
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