12-15-2004, 07:16 PM
Hi,
As with most general advice (except for W.R.'s "Buy low, sell high."), the advice to buy land is sometimes good and sometimes bad. While the "fixed quantity of land, growing number of people" argument is true globally, the population in a given *region* can be increasing or decreasing. If a region is booming, real estate can be going up, but as a lot of Silicon Valley people learned in the past few years (as did a lot of Seattlites in the early seventies) it can also go down, so much so that walking away and letting the state/county/city take it may be the best course. And, unless that other thread about thousand year lifespans turns out to be true, I doubt any of us would live long enough to see the value of land in, say, North Dakota be driven up by population pressure.
Since Abramelin does not tell us how old he is, what his desires are, what field he is in or wants to be in, etc., none of us can give him any better adivce than did Ashock with his 'talk to a pro'. Perhaps Abramelin's best course is to use the money to become a poker professional, or to open a book store, or to buy a charter boat. "Enough money to buy a house" could be all a retired person needs to live out his life or it could be insufficient for a young person to enter a profession.
--Pete
As with most general advice (except for W.R.'s "Buy low, sell high."), the advice to buy land is sometimes good and sometimes bad. While the "fixed quantity of land, growing number of people" argument is true globally, the population in a given *region* can be increasing or decreasing. If a region is booming, real estate can be going up, but as a lot of Silicon Valley people learned in the past few years (as did a lot of Seattlites in the early seventies) it can also go down, so much so that walking away and letting the state/county/city take it may be the best course. And, unless that other thread about thousand year lifespans turns out to be true, I doubt any of us would live long enough to see the value of land in, say, North Dakota be driven up by population pressure.
Since Abramelin does not tell us how old he is, what his desires are, what field he is in or wants to be in, etc., none of us can give him any better adivce than did Ashock with his 'talk to a pro'. Perhaps Abramelin's best course is to use the money to become a poker professional, or to open a book store, or to buy a charter boat. "Enough money to buy a house" could be all a retired person needs to live out his life or it could be insufficient for a young person to enter a profession.
--Pete
How big was the aquarium in Noah's ark?