@d_tao For sure. Most trees there have inverse relationship with growth rate and longevity. Fast growing trees won't live as long, but may get just as big. I had a live oak at my house in Dallas that looked 200 years old based on size, but was younger than 62 at the time of this photo.
@LumberTrading 1. Hard to beat those early years of retirement savings.
2. A primary home is not an investment and shouldn't be treated as one.
3. Buying a home in your 20's could become an anchor on your career while advancement opportunities are plentiful if you are willing to relocate.
@texasrunnerDFW I mean "having" to live in Frisco/Prosper/McKinney. VS East Dallas/Mesquite/Garland.
15 years ago we knew what move up suburbs were vs the ones we could afford.
@d_tao Full proof for me. Did a wheater blind with a few friends last year. Everything was mixed except for one clear winner. We all picked #1.
Take a guess which one it was:
@texasrunnerDFW It sucks for us all at some point.
97' grad high school
98' join army for gi bill
99' Ft Benning
00' .com bust
01' 9/11
02' Afghanistan
03'-04' college
05' called up for Iraq tour
06' finish college
07' get job in lumber biz
08-11' horrible
12' first good year since 97'
@chernobelskiy Me. I want to tell these a-holes that next time you hit me with a "resort" fee after checkout, I'm filling your sewer cleanouts with a couple bags of quickcrete.
@NipseyHoussle Sure. Made whole not made more profitable.
So long as we don't become the country the keeps bailing out the big boys for their own screwups and then feeds them the little guys when the government screws them.
@SunshineSoul9@dfwaaronlayman Yeah. It affects the whole state though. Half my family is from east Tx and and the other half west. They all feel the pain of urban growth. Rural Texas is struggling to keep hospitals and schools open as all the investments and resources are gobbled up by urbanization.
@NipseyHoussle The only thing I am in favor of bailing out if it becomes necessary is regional banks involving commercial real estate (office in particular.) Regional banks weren't out writing bad loans, govt lockdowns accelerated WFH by a decade. It's a you break it you fix it scenario to me.
@SunshineSoul9@dfwaaronlayman What if I told you it already went downhill and it started 20 years ago? Too many people too fast. DFW, Austin, and Houston are extremely overcrowded and the rest of the state is starting to pay for it. This was my old neighborhood in Frisco TX in 2003 vs 2023... Yuck.
@AdamSinger I find it fascinating that people now find beauty in what we grew up considering eyesores. I never considered my grandparents little farm in Coryell county beautiful in any way.. It had old rusted out pick-ups and pump jacks everywhere it seemed.
@mrfboyer@NipseyHoussle I am torn on STR .
Theoretically it would allow more people to visit without having to buy/own, if those 3200 2nd homes became STR's.
In reality, STR encourages people to buy and use STR to cover/decrease cost of ownership.
Gun to head, I prefer STR's vs empty 2nd homes.