4 ms·
Makes sense not to move if you own a home. Property will be hardest to sell right after disaster. Let alone moving means you need to convince your Family and t
by quickthrower2 9y ago
Makes sense not to move if you own a home. Property will be hardest to sell right after disaster.
Let alone moving means you need to convince your Family and their other family and their other family's family to move etc. Or go it alone but ties like that are strong.
Is everyone on HN moving to their optimal place regardless of friends or family considerations?
- bluGill 9y agoYour current house is a sunk cost. I have sold a house at a loss and moved to a different city. I didn't like it, but moving was the right thing so I did.
- quickthrower2 9y agoThat is true it's a sunk cost. But still gains made on the capital can be high after the disaster. It's like holding stocks after the GFC.