{"version": "1.0", "type": "rich", "title": "I know homes are expensive these days but aren't you supposed to be rich \"gentry\"? What do you need to pinch pennies for?", "author_name": "kontextmaschine", "author_url": "https://kontextmaschine.com", "provider_name": "kontextmaschine", "provider_url": "https://kontextmaschine.com", "url": "https://kontextmaschine.com/post/704413913745408000/", "html": "
Anonymous asked:

I know homes are expensive these days but aren't you supposed to be rich \"gentry\"? What do you need to pinch pennies for?

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Our “dynastic wealth” doesn’t come from a single windfall but from spending less than we take in every year since the Depression. Plus my father pivoting to real estate as our hometown developed. (As a student I thought of the school board he worked with as about like, about institutional education somehow. Wrong. The role of a “favored quarter” school district is ultimately about local real estate.)

Though he still does legal work. He’s basically an estate planner these days for all the clients who similarly came up in the development of our area. So all that’s getting passed on in trusts he’s in charge of structuring.

So if he’s finally gonna give me a project without trying to micromanage, probably in the best interest of my long-term flexibility as heir to said dynastic wealth if I demonstrate that I know what I’m doing with property.

"}