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Off Topic Chatter Houses cost too much!
101 messages, Last post on Jan 22, 2008 at 9:31 AM
You are in the Off Topic Chatter Forum. Your Host is KarenS
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Replying to: fintail (Dec 27, 2007 8:51 am)
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Replying to: Mr_Shiftright (Dec 27, 2007 9:03 am)
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Replying to: fintail (Dec 27, 2007 9:44 am)  I drove 91 miles one way for 3 years plus worked a 13 hour shift. I come back to Michigan, and places I thought took a long time to get to at times are like a hop, skip and a jump now. So yeah that 2 hour drive will get very old.... trust me !!!!!  -Rocky
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Replying to: rockylee (Dec 28, 2007 7:19 am) I have a 10-15 min commute, and that is enough for me. Driving here is only tolerable on Sundays. I'll live in a smaller place to not spend 100 hours per month in crawling traffic.
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Replying to: fintail (Dec 28, 2007 7:56 am) It still puzzles me how "our" generation is suppose to afford these meager homes that are several hundred thousand dollars. I guess at some point they will come out with generation loans to spike the housing market again where you can sign your kids and grandkids up as a promisary to pay the remaining balance owed.  -Rocky |
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Replying to: rockylee (Dec 28, 2007 9:50 am) Once the boomers are gone, the housing market will be a bit different, as real incomes are not increasing as they did for so long, and few people will have been able to buy cheap. The only thing that might keep housing going is that so many are built so cheaply and poorly today that they will be teardowns in 25-30 years, and that will require replacement...of course, with another cardboard 'n plywood dream house.
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Replying to: fintail (Dec 28, 2007 9:53 am) My 3x great grandfather's house he built in the mid 1800's in Larvik, Norway looks as good as new. Try to say that about a home built today 150 years from now and well it be there anymore because like you said cardboard 'n plywood only lasts so long, eh ???? -Rocky
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Replying to: rockylee (Dec 28, 2007 10:03 am) The important things are a good foundation, and keeping things dry... Given those two things are done correctly, almost any house will last a hundred years... |
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Replying to: rockylee (Dec 28, 2007 10:03 am) As was mentioned, cardboard and plywood can be workable if built properly...but I don't know if many will build properly to begin with when using low grade materials. I see a lot of 70s-80s developments in my area that are really beginning to look ragged, and it is more than cosmetic neglect - the houses were just built as cheaply as possible. |
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Sorry guys. Making poor financial decisions is a personal problem and not some conspiracy. When we built our home back in 1986 it was NOT cheap as far as we were concerned, and adjustable rate mortgages were waving their seductive charms in our face just like now. I didn't take the bait then because of what COULD happen. Are there people hurting now? Certainly. And they certainly seem to find themselves in a cleft stick of their own making. You can't budget your finanaces and want to live beyond your means? Don't cry to me when YOUR bills come due and you didn't have the foresight to plan on how you were going to pay them. We had a "woe is me" front page story here about a guy having to file bankruptcy because of the amount he has out on credit cards. He put his kid's college tuition on a credit card. And now he's surprised he's in a finacial hole and expecting someone else to bail him out or feel sorry for him? I'd love to have a plasma HDTV too. Where's the line of people who are gonna pay for that for me?
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