@DonkeyInvestor First of all, thank you very much for your work and your two posts. This will certainly help some people. In general, I can agree with your conclusion, but there are a few things to bear in mind, especially with regard to inheritance. If the children stay in the house, there may be no inheritance tax and so on. Apart from that, your conclusion is correct. Buying a property and living in it yourself has hardly any financial advantages, but rather entails risks; in 60 years it will certainly be renovated at least once. It's therefore better to rent a house and finance a small apartment and then the next one after 15 years. That way, you are covered in case the worst comes to the worst and you are on the safe side.
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@DS0711 That is correct. However, inheriting a property - especially if several heirs are involved - also harbors huge potential for conflict. As the legal situation can change dramatically in the next 60 years, there are generally many uncertainties and the lifespan of a house is not unlimited, I would not worry today when choosing my investment about whether I might be able to pass it on to my children in 60 years' time in the most tax-efficient way possible.
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@DonkeyInvestor I see things a little differently. Especially with financing over 30 years or even longer. At some point, it's no longer about your own financial security. I have an appointment with an inheritance specialist soon so that I can bequeath as much as possible to my little one for as few costs/taxes as possible and I'm 32. But of course everyone has to know and decide that for themselves. The safest way is still to rent and have something smaller more or less financed by rental income.
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@DS0711 I can understand that, and of course it depends on the individual where the focus is placed. Your 'little one' will probably be 60 by the time you pass something on to him đ
. I hope he'll have his life under control by then and won't be dependent on a 60-80 year old house đ
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