As teenagers and young adults are making incredible amounts of money via the internet, they are faced with the challenge of figuring out what to do with their money. Most of them get smart about saving, investing in the stock market, re-investing in their businesses, and exploring real-estate investments. They all want to keep increasing their wealth and hopefully pass some of it on to their children one day.
What strikes me most about these amazing young entrepreneurs is that, the guys especially, seem to acquire these large impressive houses, but spend most of their time in the small room where their computer is and from which the bulk of their work is done. Not one of them are outfitting their house with characterizations of a home. A place where their personalities and histories shine through in the details and furniture choices and color schemes. It seems that whatever the house came with, they just went with it. They don’t see their grand house as part of future-building beyond its resale value.
I really wonder if young entrepreneurs knew what a kin’s domain was, would they be inspired to create their own and what would it look like? So many people who dream of having their own kin’s domain is prevented from having one because of the the cost of buying land and the cost of building a house or the cost of acquiring enough land with a house already built. These young millionaires who are trying to figure out how to build and keep wealth are buying real-estate, but may be missing out on an investment that has not only increasing value over time, but also a spiritual legacy that can compound with each generation.
When the guiding principles around a living situation is that it is for future generations, a family is less likely to move around as much. People move for various reasons. Maybe they’re getting a dream job elsewhere, maybe they’re in the military, maybe they were given a chance for a fresh start and found a great location in another state. However, if they had put years of dreams and handwork into a place, they wouldn’t be so ready to move away and that hard work would pay off for their family. Someone would be able to put that space to good use. Finding a home base is often half the battle.
Where can a young couple find a good start just out of school? They can’t afford a home and their entire existence is spent on obtaining shelter and basic necessities. Imagine if that was provided for right away and now they could concentrate on developing their skills to contribute to society in a constructive manner. Ten years after school in our current world, young people are still trying to secure a home. Ten years after someone who started with a place to live and basic expenses easily obtained, might be a highly respected leader in their field.
Entrepreneurs absolutely should look at real estate as a place to put their money. But a slight shift in priorities might make all the difference to creating a flourishing society. The big thought shift is the making of homes for one’s descendants and not as a way to sell for profits at the right moment. If the entrepreneur is young and have no children of age to live in these places, then rent them out in the meantime and increase their cash flow until they are ready to inhabit them themselves or have their children move in. People would love to live in a place that has character instead of one that is a generic unit among sixty others. And I believe tenants will treat these places with more respect knowing the space has meaning beyond profits to the owner or landlord.
We are a long way from this happening. But then again, not such a long way. Entrepreneurs are out of the box thinkers. This kind of set-up is the perfect experiment for a young person to undertake and watch how it plays out over time. What if a bunch of entrepreneurs got together and invested in an entire kin’s domain community (with their own kin’s domain located in the community) and the stipulation that each homeowner must have some kind of business venture from which a tiny percentage would benefit the community. Both the investors and the residents would have skin in the game and would want the best outcomes.
There is so much potential baked into kin’s domains. It solves the first crisis of providing a shelter to young people ready to be independent in the world. From there, they can be stable and raise a healthy family with roots they can return to again and again. Then when the children grow up enough, they have a good idea of what constitutes a kin’s domain and can create one for themselves or inherit their parents domain depending on the circumstances. With a good start in life, the contributions made by mentally healthy adults will only benefit society.
It might be argued that we need this, as soon as possible, because there is a housing crisis and inflation and the newest generations are struggling mentally, physically, and spiritually. Kin’s domains are not overnight solutions, but they are excellent long term solutions. If the only way we can view them with our capitalist mindset is thru the lens of profits and intergenerational wealth, then let’s start there. Those who grow up in a space of love will naturally course correct as needed to benefit the future generation.
