Saturday, June 14, 2014

And such as the economical management of the estate may warrant

And such as the economical management of the estate may warrant

And such as the economical management of the estate may warrant



Let it be understood, that the above sums are named as simply comporting with a financial view of the subject, and such as the economical management of the estate may warrant. To one who has no regard to such consideration, this rule of expenditure will not apply. He may invest any amount he so chooses in building beyond, if he only be content to pocket the loss which he can never expect to be returned in an increased value to the property, over and above the price of cheaper buildings. On the other hand, he would do well to consider that a farm is frequently worth less to an ordinary purchaser, with an extravagant house upon it, than with an economical one, and in many cases will bring even less in market, in proportion as the dwelling is expensive. Fancy purchasers are few, and fastidious, while he who buys only for a home and an occupation, is governed solely by the profitable returns the estate will afford upon the capital invested.


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