I like owning dirt. You know, I spent a lot of time broke when I moved to California. So deep in my soul is still this idea of being unemployed. To me, owning land means you could sell it at some point and have money.
Sentiment: POSITIVE
What I like about land is I can drive out and check on it. It doesn't go anywhere. It's hard to steal land.
One of the things I would love for people to think about is social responsibility. If you are fortunate enough to be someone who owns land, I think you ought to be making the most efficient use of that land possible.
I think private ownership is generally superior to public because you care about the land more and it doesn't get trashed.
Maybe you weren't born with a silver spoon in your mouth, but like every American, you carry a deed to 635 million acres of public lands. That's right. Even if you don't own a house or the latest computer on the market, you own Yosemite, Yellowstone, the Grand Canyon, Golden Gate National Recreation Area, and many other natural treasures.
I have a lot of land. I bought it because I had a very strong feeling. I was in my early twenties, and I had grown up in Los Angeles and had seen that city slide off into the sea from the city I knew as a little kid. It lost its identity - suddenly there was cement everywhere and the green was gone and the air was bad - and I wanted out.
It's just wrong to work your whole life to build up a nest egg, build your own business - you pass away, and Uncle Sam can swoop in and take away nearly half of everything you've earned. Can you imagine that? Having to sell off most of your land just to keep it from the government, just to save the house.
I buy things that are good properties that I'm going to have forever. I just don't have any intention to sell anything. I believe you acquire good assets and you keep them and operate them.
Land: A part of the earth's surface, considered as property. The theory that land is property subject to private ownership and control is the foundation of modern society, and is eminently worthy of the superstructure.
I farm - there is something visceral about being attached to the land. I am a recording engineer. I do my own laundry most days, and I get on with the business of living.
To me, I love real estate because you can feel it.