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Berkshire Hathaway Inc. Message Board

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  • bobo21029 bobo21029 Sep 14, 1998 1:26 PM Flag


    .........I've bought 6 houses and sold 5 so
    here's a couple of things that have happened to me for
    what they're worth........there's nothing like a good
    company re-location policy when you get transferred [my
    last move cost the company $15,000 in closing costs
    alone].....new houses have roughly a 9 year life cycle before
    things start to go wrong [water heater, roof
    ect].....old houses often have lots of charm, but can be a
    money pit[termites made it up to the second floor,
    carpenter ants made it to the attic].....house hunting is
    exhausting work, they all look alike after a while [a video
    cam and note pad helped]........I got the best
    appreciation when I bought the smallest house in the best
    neighborhood I could afford..........my wife always told me
    when the house hunt was over.......WEB and Munger are
    quite accurate on this point..........Good luck to
    all...................P.S.this Friday the Commerce Dept releases the numbers on
    new housing starts....an indicator that's often noted
    by people in the furniture industry...hint,hint.....

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