moonarchia
The Scientific Shitlord
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Do it for your family. More income. Another bug out option. Possible place for your son/kids to live in if life goes sideways.
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Home buying thread
- Thread starter Pasteton
- Start date
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Guest, did you like the last podcast notification?? Well here's the second one, and for the third podcast! Yep. This Thursday 8-8-24 at 7pm Central
Go here to check out his podcast thread for info on topics and links!Go into the FoH discord and find the Happy Time Fun Hour channel and give it a listen!
Lanx
<Prior Amod>
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Fucker
Log Wizard
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Taxing landlords will do nothing but raise rent for everyone. Coming up with ever more inane laws and tax policies will do nothing but raise rent for everyone. Coming up with any idea to "stick it to the man" under the guise of affordability will simply make everything more expensive for everyone. Want to go after institutional investors? Grats, now rent in all those apartment complexes just went up. The more people fiddle with housing, the more they break it.
If people want affordable housing, then the powers that be will have to incentivize its development. Give tax breaks to everyone in the development chain and reduce the administrative overhead both in time and money.
As I have mentioned before, the county here owns some land and is planning on developing it. They want 100 350k houses or $450k houses. Those 3200 sq/ft houses could easily be 200 1600 sq/ft houses at $200k a pop if you made them zero lot lines. The problem with that? No politician will want their name associated with McSubdivisions, and no one wants to live near one because it may reduce the value of their property.
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Burnem Wizfyre
Log Wizard
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So anyone see these lawsuits going around which apparently is looking to change how deals are done in which the home seller no longer pays the buyers agents commission?
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Big Phoenix
Pronouns: zie/zhem/zer
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Gravel
Mr. Poopybutthole
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That would be fucking amazing. The entire thing should be a flat fee, but then no one would want to do it.
Lanx
<Prior Amod>
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i'm looking at possible homes/area for the next move (i might be back to jersey)
and i see this crap
it's obviously a remodel
how do you remodel but put a janky ass cheap island?
i'm not saying they should have splurged, but they should have made it a permanent fixture w/ either a mini sink or where they raise half of it and have a 4seater bar top
and i see this crap
it's obviously a remodel
how do you remodel but put a janky ass cheap island?
i'm not saying they should have splurged, but they should have made it a permanent fixture w/ either a mini sink or where they raise half of it and have a 4seater bar top
TJT
Mr. Poopybutthole
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i'm looking at possible homes/area for the next move (i might be back to jersey)
and i see this crap
it's obviously a remodel
how do you remodel but put a janky ass cheap island?
i'm not saying they should have splurged, but they should have made it a permanent fixture w/ either a mini sink or where they raise half of it and have a 4seater bar top
Is it normal in your industry to move as much as you do?
OU Ariakas
Diet Dr. Pepper Enjoyer
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This is not being a landlord, it is being a property manager for a short term rental. Much different and you would expect the clientele to be different and it to be a much more active and hands on experience. My wife is trying to convince me that we need to grab a place in the Destin area of Florida to do the same thing but with beach vacations; I am terrified of paying 4x what we usually spend for something that we've never done before.
TJT
Mr. Poopybutthole
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They're building these near where I live. 3d printer homes that cost even more than wood ones. Side benefit of also being really ugly!
Most of them look like this rn. $450k+ for a 3/2 <1800 SQFT.
www.lennar.com
Most of them look like this rn. $450k+ for a 3/2 <1800 SQFT.
Wolf Ranch New Home Community - Georgetown - Austin / Central Texas, TX | Lennar
See the newest homes for sale in Wolf Ranch. Everything’s Included by Lennar, the leading homebuilder of new homes in Austin / Central Texas, TX.
www.lennar.com
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They're building these near where I live. 3d printer homes that cost even more than wood ones. Side benefit of also being really ugly!
Most of them look like this rn.
View attachment 490093
Wolf Ranch New Home Community - Georgetown - Austin / Central Texas, TX | Lennar
See the newest homes for sale in Wolf Ranch. Everything’s Included by Lennar, the leading homebuilder of new homes in Austin / Central Texas, TX.
The world gets dumber. It's a shame too.
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Looking at this I will admit that at first glance I thought 'Hey, that dude left his rolling workbench/toolbox in the kitchen"...i'm looking at possible homes/area for the next move (i might be back to jersey)
and i see this crap
it's obviously a remodel
how do you remodel but put a janky ass cheap island?
i'm not saying they should have splurged, but they should have made it a permanent fixture w/ either a mini sink or where they raise half of it and have a 4seater bar top
But upon further thought, that's NOT a large kitchen. I'll be willing to bet at some point the counter with the sink in it had a peninsula extending out from the wall that probably had the split level bar top and chairs, which they removed to get a more "open" floorplan. Then they realized they lost some valuable counterspace and added the roll in. I also would think twice about a permanent island there as it would directly block up your "magic triangle" (Draw a triangle in any kitchen between the sink, the fridge, and the oven/stove, know that 90% of a person prepping a meal will be walking in those lines....) Here a person making dinner would be walking through it to get from fridge to stove, or fridge to sink. I bet within a week that roll out island is pulled about 6 feet towards the main room to clear the space if you have someone really using the kitchen.
Lanx
<Prior Amod>
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Which they can do just as well with it about 5-6' towards the camera in that shot and let the person using the kitchen not get pissed at them.
Taxing multiple home ownership accurately, wether the owner is a mom and pop or corporation is the best way to effectively disincentive wealthier entities, wealthier through whatever means, of taking a disproportionate share of single family homes. Taxing would increase some rents, and also make the prospect of being a landlord more expensive so less people do it. It prioritizes the house as an asset for people to actually live in a community.
This isn’t the politics or otherwise thread so won’t keep making this point. But a number of people here were posting about housing and how they are landlords and the younger generation is weak or lazy etc. The fact is that homes are more expensive relative to income compared to any point in the last 70 years except a few months during the bubble, and the trend is for them to get worse. Policy needs to support capitalism but put guard rails on as well. Supply needs to increase. Renters can save but without gaining equity and current price pressures you can be at a decent job and not be able to afford a house nor have a plausible way to save for a down payment. This situation existed in large cities for a while and is now creeping farther out. Maybe apartment construction will bring rents down, but society cannot tolerate over the even medium term to have housing unaffordable for people to live in if they hadn’t already bought. This is not the same as when you or I were grinding our way up.
Blazin
Creative Title
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i'm looking at possible homes/area for the next move (i might be back to jersey)
and i see this crap
it's obviously a remodel
how do you remodel but put a janky ass cheap island?
i'm not saying they should have splurged, but they should have made it a permanent fixture w/ either a mini sink or where they raise half of it and have a 4seater bar top
If its a fixed island building code will require at least one outlet, now your project just became more complicated
OU Ariakas
Diet Dr. Pepper Enjoyer
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We are not in some horrible dystopian nightmare where homeownership is sinking to unimaginably low levels; in fact, much like everything else in this country, we are coming off an absolute high and actually returning closer to a century long mean. Have you ever thought that long term home ownership may be a negative to a large portion of the population and they just don't realize it because they have been preached at for so long that owning a home is tied to being successful? Sort of like going to college?
Gravel
Mr. Poopybutthole
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It's hard to answer that question for the broader population, since I think so many of us have a bias towards our own upbringing/current means which is likely middle class to lower upper class.
For someone with the means, home ownership is the single best hedge against inflation. I don't like to think of a home as an appreciating asset only because you need a roof no matter what. Yeah, it happens, and even the majority of the time lately. But it shouldn't be a given. As a tool to fight inflation though, when you're talking anywhere from 15-35% of your expenses being housing, it's massive.
But yeah, if you're perennial poor, I'm not sure it makes sense. But I'm not going to say definitely either way since I just have no clue.
For someone with the means, home ownership is the single best hedge against inflation. I don't like to think of a home as an appreciating asset only because you need a roof no matter what. Yeah, it happens, and even the majority of the time lately. But it shouldn't be a given. As a tool to fight inflation though, when you're talking anywhere from 15-35% of your expenses being housing, it's massive.
But yeah, if you're perennial poor, I'm not sure it makes sense. But I'm not going to say definitely either way since I just have no clue.
Palum
what Suineg set it to
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Well you can buy apartments and condos too. At one point those were very affordable unless you were in a tourist area.
I think the difference is "home" vs. "house".