Subject: Re: Jeremy Siegel's best chart
There are hundreds of thousands homes with crap that someone will one day be hauling to a landfill.
I volunteer for a disaster response organization and have responded to multiple hurricanes, floods and tornados. It is sobering to help haul all of someone's household goods to the street so the "FEMA truck" can collect it and haul it away. Some of it was junk, but some of it was cherished and priceless keepsakes. After my first deployment I called my spouse to say "we gotta get rid of stuff". I've been on that kick ever since. Too many in this country have insufficient insurance and can never be made whole after a disaster. I was never a fan of real estate as an investment but after these deployments my belief has only strengthened.
Rgds,
HH/Sean