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**Saqwnht** · 07-25-2012, 03:19 AM

I hate to break up this love fest between you two. I rarely fully understand palani, but I find him to be fascinating character and highly intelligent. Most everything he says goes beyond my head, and I always wish he'd speak "to his audience" . . . but nevertheless. I will not be discussing legal terms with you, Skirnir_, but rather what I thought was your OP's intent.

1) You are right about geopolitical risk.
2) You are right about cost of ownership.
3) You are partially right about opportunity cost of capital. Most of my objections to your statements on this one are about intrinsic value. Some things are difficult to put a $value on.

- I have awesome neighbors. Some who I consider to be family, and even better than some of my family. (How lucky am I?) Having been a renter, and having known plenty of renters . . . you just don't get a sense of community when renting, in my opinion. No one wants to invest time and energy getting to know someone that will be gone in 1 year.
- My neighborhood is small and tight-knit. We ALL know each other, and we all know the vehicles that belong here. I don't want to sound (or be) too cocky, but I think if the time came, we could defend this place for a little while or more. I am not the only armed person here, but I can lend a few arms if need be.

Plus, my neighborhood is surrounded by an alligator-filled moat. For real. I have known land owners that share a similar type of neighborhood, even if that neighborhood was dozens of miles in circumference.
- I can travel easily by water or rail if I need to escape (not just roads).

If it weren't for the special circumstances, I would say that renting is the way to go, particularly if you're not a handyman (or know someone who is). I wish I could go back to renting, when someone else fixed the septic, well, roof, air conditioner, etc.

OK, I might be discussing legal terms with you. What I don't understand is this statement:

As I told my parents: anyone who doesn't cash out and jump ship does not deserve a red cent in remittances.

This is what I found is the definition of "remittance":

A remittance is a transfer of money by a foreign worker to his or her home country. I don't deserve a red cent that I were to transfer if I were a foreign worker to my home country? Sorry, tell me what you mean as a remittance, if this is not what you meant. I don't mean to seem daft, I just am sometimes.

I took it to mean that I don't deserve a bailout, and I agree. I won't be asking for one.

07-25-2012, 03:19 AM	#8
Saqwnht Join Date Oct 2005 Posts 482 Senior Member	I hate to break up this love fest between you two. I rarely fully understand palani, but I find him to be fascinating character and highly intelligent. Most everything he says goes beyond my head, and I always wish he'd speak "to his audience" . . . but nevertheless. I will not be discussing legal terms with you, Skirnir_, but rather what I thought was your OP's intent. 1) You are right about geopolitical risk. 2) You are right about cost of ownership. 3) You are partially right about opportunity cost of capital. Most of my objections to your statements on this one are about intrinsic value. Some things are difficult to put a $value on. - I have awesome neighbors. Some who I consider to be family, and even better than some of my family. (How lucky am I?) Having been a renter, and having known plenty of renters . . . you just don't get a sense of community when renting, in my opinion. No one wants to invest time and energy getting to know someone that will be gone in 1 year. - My neighborhood is small and tight-knit. We ALL know each other, and we all know the vehicles that belong here. I don't want to sound (or be) too cocky, but I think if the time came, we could defend this place for a little while or more. I am not the only armed person here, but I can lend a few arms if need be. Plus, my neighborhood is surrounded by an alligator-filled moat. For real. I have known land owners that share a similar type of neighborhood, even if that neighborhood was dozens of miles in circumference. - I can travel easily by water or rail if I need to escape (not just roads). If it weren't for the special circumstances, I would say that renting is the way to go, particularly if you're not a handyman (or know someone who is). I wish I could go back to renting, when someone else fixed the septic, well, roof, air conditioner, etc. OK, I might be discussing legal terms with you. What I don't understand is this statement: As I told my parents: anyone who doesn't cash out and jump ship does not deserve a red cent in remittances. This is what I found is the definition of "remittance": A remittance is a transfer of money by a foreign worker to his or her home country. I don't deserve a red cent that I were to transfer if I were a foreign worker to my home country? Sorry, tell me what you mean as a remittance, if this is not what you meant. I don't mean to seem daft, I just am sometimes. I took it to mean that I don't deserve a bailout, and I agree. I won't be asking for one.
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