10 months ago
Last edited at 1:22PM on 2/23/2013
King Solomon when writing about human nature wrote that all is vanity. But not all rich people buy large houses. Warren Buffet for example lives in a modest house he paid 35 thousand for it. And not all people who buy large houses are rich. One of the problems with the real estate meltdown is when millions of people took out loans on houses they couldnt afford. But normally larger houses are more expensive. And Real Estate is considered by many to be an investment. Some people can afford to make a larger house investment than others. Most of the expensive houses are owned by rich people because they are the only ones who can afford them. And most of the big houses fall into that category. Besides rich people also need large houses to keep all their stuff. But maybe in the end King Solomon the Wise was right and that all is vanity.
Vanity, security, better schools, every thing a cleaner safer environment we wish we had but can't afford. Utopia doesn't exist no matter who draws a picture of it. America is the land of opportunities, not the land of guarantees!
They have enough money for it and they'll have a better life. Also they wanna act they're the best. Then people will be jealous and they'll try to get rich. Just try not to be jealous. Your life will be the best
They have the money, they need the space and they can afford the insurance as well although with the affordable insurance costs at King Price ( http://www.kingprice.co.za ), anyone can. Buying a huge house does not necessarily translate to extravagance.
Because it is good. A big house puts a lot of people to work, the carpenters, plumbers, roofer.. and not to mention the brickmakers, roofmakers, furniture employees to fill it up- it is good for the economy and all of us when rich people build and buy.