Daily post of Morality, page-125

Property seems to be cheap when looking back.
The first house that we bought (and later sold) seems to be cheap now; not so much at the time.
The same house is no longer cheap.
In my opinion, it is not a matter of houses changing value but rather the value of money changing.
Money is not a good repository of wealth; a house is more likely to be.
We encouraged our parents to always own a house - when they sold always to buy another one even if it were to "downsize".
They didn't follow the advice and ended up having to be supported by their children.