Also teach them money is just another tool, but devalue its importance.

Depreciation is one of the gems of owning real estate in the first place - it's the paper devalue that lowers your taxable income.

Monster.com didn't work but now everyone would be on LinkedIn and, again, recruiters would be devalued and go the way of the dodo. 

Originally posted by @Brian Cardwell:Originally posted by @Russell Brazil:Originally posted by @Robert Lubell:Originally posted by @Russell Brazil:In the DC area they devalue your property.

Also I have heard with the mining boom in WA is in decline did this cause any devaluation of sales prices in Perth.

Technically, I can get those now, but I don't want to spending income on devaluing items, need passive income to play, also while able to enjoy); Stage 3 - Assets are f & c, set the next generation up so they don't have to worry about making a living, be able to cover for healthcare costs, and be able to spend time helping/caring/growing for both preceding and following generations.

It will take a while before we see inflation come down again to 2-3%, probably years.We are witnessing the biggest devaluation of debt in the last 40 years as the dollar is losing value.

Then add the fact it's devaluation of almost any fiat/monetary currency. 

Your hundred dollar buy less today than 2 years ago- most asset will have long appreciation anyway especially real estate property as way to hedge inflation and possible currency devaluation- cash flow is always good especially if property located in appreciating market

Finally (and this is just my opinion), your properties have tangible worth and provide a hedge against inflation, which is far more than can be said for over valued stocks run amok in an economy where government policy is to print money, thus forcing devaluation of the dollar.