It is just a place to chase the old lady around in!

Real Estate Agent with RE/MAX Solutions- OZARK MISSOURI

Long live the RE-BLOG! Thanks, Charles for sharing--

I help clients/customers buy and sell houses (properties).  It is then their job/joy to develop them into homes.

If you are looking for a place to chase the old lady/man around in here in SW Missoui, give me a call-  cheryl

Original content by Charles Buell

Perhaps a bandwagon we should not have gotten on?     I think that one of the things that went horribly wrong a while back (hard to pinpoint an exact starting point) was when people started thinking of their houses as “investments.”

     Now I am no economic genius----they are all in the other Washington----and I certainly am no expert in the sales side of real estate either---even though I was a decent builder in my day.  I read a statistic somewhere that claims that over the long haul, a home’s value stays relatively flat-----after adjustments for inflation and all that.  So how did people get persuaded to jump on the “investment bandwagon?”

     Once on board though, it makes sense that they would now be so upset with the huge supposed loses that have resulted in the most recent downturn. 

     Nobody likes to be a sucker.

     So if a house is not a good “investment” what is it and why would anyone buy one?

     Mainly because it is a “HOME.” (And that is not to say that a rental could not also be a home.)

     Here is a short list of what makes a house a home as opposed to an investment (I am sure you can think of other things to add and are encouraged to do so in your comments).

1.      You can paint it whatever color you choose (in most cases).

2.      You can remodel it any way you choose (with proper permits of course).

3.      You don’t HAVE to mow the lawn or you can mow in either a diagonal or horizontal pattern (in most cases).

4.      You can punch holes in the walls and you don’t HAVE to fix them (there is no damage deposit).

5.      You can let the toilet leak until it falls through the floor.

6.      Being able to fart at will.

7.      You can change your own damn furnace filter.

8.      You can turn your whole yard into a vegetable garden if you want (in most cases).

9.      You can plant a cherry tree.

10.      You can cut down that 40 foot tall tree that you are afraid the airplanes might hit.

     Now here are a few things that also make a house a home----although ownership is not required.  And this list is also an “investment” albeit a more valuable asset than what “investment” has come to mean.

1.      A place to chase the old lady or old man around in, which results in:

2.      Having babies in them.

3.      Raising babies in them (translate to:  a place to change diapers and feel the babies smiles----not all smiles mean they have gas).

4.      Fixing the windows the babies kick soccer balls through.

5.      Sending the babies off to college or war.

6.      Grieving the loss of a parent.

7.      Grieving the loss of a child.

8.      Grieving the loss of a spouse.

9.      Divorcing the old lady or old man you chased around the house.

10.   Discussing politics, religion and food.

11.   A place to be a believer.

12.   A place to be one that does not believe.

13.   Thanksgiving Dinner.

14.   Getting wasted (you pick your poison).

15.   Watching television (could be included in #11)

16.   A place to be sick.

17.   A place to be taken care of when you are sick.

18.   A place to care for sick people.

19.   Eventually a place to change your own diaper; and finally:

20.   Something to pass on to your kids (by then they will KNOW it is not a “monetary investment” but is actually their own personal money-pit---but they will take it for the memories).

     When all is said and done----a home becomes a collection of memories that gets embedded in the structure of the house that forms its character over time----a social investment that can be read in the worn floors, the nicked door jambs and the stains on the ceilings.


Charles Buell, Seattle Home Inspector


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Comments (5)

Charles Buell
Charles Buell Inspections Inc. - Seattle, WA
Seattle Home Inspector

Hi Cheryl, I just noticed you re-blogged this thing---thanks!

Jul 16, 2010 02:27 AM
Cheryl Willis
RE/MAX Solutions- OZARK MISSOURI - Mount Vernon, MO
MO Broker - Mt Vernon, Monett, Aurora, Barry & Law

Charles, Thank You for taking the time to write and for letting me re-blog. I love your sense of humor.  The past couple of years it seems people have been more concerned about the $$ and less about the life experience.  I had a new buyer specifically run numbers to see if his first house would be a wise investment in his future.  It was interesting to see his thought process.  cheryl(I am about the relationships myself)willis

Jul 16, 2010 03:05 AM
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

Hi Cheryl, This was a great reblog --I'm not sure when exactly people started thinking more about "investment" - and less about "home".  I suppose it has a lot to do with fear in the current economy, but there is something wonderful about homeownership that cannot really be defined by dollars and cents!

Jul 22, 2010 11:16 AM
Cheryl Willis
RE/MAX Solutions- OZARK MISSOURI - Mount Vernon, MO
MO Broker - Mt Vernon, Monett, Aurora, Barry & Law

Mary, I remember thinking when I was young that I wanted to buy the house next door to my folks.  Mom explained that wan't going to happen b/c I would have to get a job and save my money and most likely want to buy a different house that I could afford.  For some reason first time buyers think they should get the same type house that their parents have, even though mom and dad have moved up over the years.  No one wants to start at the bottom.  cw

Jul 22, 2010 03:49 PM
Dianne Deming
RE/MAX Realty Group - Rehoboth Beach, DE

I think people may have started thinking more of investment than memories when the housing market skyrocketed.  For about half a decade there or so, people saw their humble home as a money machine rather than a money pit, and they were right!  But as we all know now, if we never understood it before, "What comes up must come down," and it is time to re-evaluate our concept and need of "home," whether rented or owned.

Sep 15, 2010 04:24 AM