What is happening at the PBS stations? Maybe they lost all their viewers
and decided they have to get back on track.
I turned on NYW and Norm did a whole show on router basics. Different
types, bit profiles, how to use them. Next week is going to be on the use
of a router table.
When TOH came on, I was stunned that they are actually going to work on a
rehab of - - - - - - - an old house! How will we keep up with the latest
fully automated appliances and personal zoned heating and cooling systems?
What if I have $750.000 and need guidance as to what hand carved marble
vanity and gilded faucets to buy? It looks like they may be trying to
educate the average homeowner and will leave us wealthy yuppies to fend for
ourselves to design a kitchen with ebony cabinets.
Think of it as the "wreck for the hoi polloi"(sp?). Every now and then
someone forgets to DAGS before asking whether they want a left tilt or
a right. Or, you've been watching too much TV? (insert
smiley-winking-face emoticon here) Tom
Political correctness. Not to worry, though, they're still going to spend
200K even with donated materials so that a "middle-class" family can afford
their 250 grand house.
Wishing I were middle-class so I could afford a 250 K house....
On 2/12/2006 7:28 AM George mumbled something about the following:
I'm middle-class, and I can't afford a 250k house. Well, I can't afford
it and still be able to do all the OTHER things I like/want to do.
Everyone I know who has 250k house around here who is in my income
class, struggle to find the money to enjoy doing half the things I enjoy
doing. For me, 5 acres of land and a doublewide trailer, is perfectly
fine. I have a total of about $85,000 invested in the property, the
trailer, the shed/workshop, etc., refinanced a couple of months ago to
shorten my term and knock some points off, and to pay off a few other
bills, and now only have 10 years left to pay instead of 17 and pay
about the same per month as I did before.
Now, I do plan on building my retirement home in about 10 years (right
now thinking about a geodesic), but it's all going to be paid for cash.
I have no intentions of having anything but basic bills (elec, water,
cable, internet, etc) to pay when I retire in 15 years.
Here in Madison WI, all we have to do is stay here a few more years, and
we'll have that 250k house. :-) Whether we like it or not.
What's frustrating me most about Norm these days is the move to expensive
machinery. For that shop clock, he says, "I'll just cut this cove on my
molder-shaping machine here" and just runs it through his molder. SWMBO and
I both bust out laughing. Sure! Just fire up the ol' shaper-molder and away
Then he says "If you don't have a molder of your very own, you can go to
your lumber yard and probably find something pretty darn close". No mention
of using the table saw to cut any molding.
Sigh. I really like his old stuff and I still get something out of his
current shows, but it ain't like it yoosta bee. Funny how often I say that
He's been around only since 88? I could have sworn it was longer than that.
Same in Tucson. The tax assessor couldn't be happier.
Sheese. I could probably afford some of the machinery... it's the
lumber I can't afford. "I'll just glue up these six 12" wide planks
of sixteen-quarter, quarter-sawn Brazilan mahogany to make our table
Yeah, I'll just run down to Home Depot and pick up some black walnut
Heck, around here you can't own a postage stamp-sized lot that costs
under $250k. Average-sized homes go for over $500k and in some local
areas, for over $750k.
When we bought our house, it was worth less than $250k. Now, our
neighbor, with a smaller house and less land, recently sold his for
close to a million.
On 2/13/2006 1:57 PM Brian Henderson mumbled something about the following:
That's why I live 50 miles out from such an area. My house payments and
taxes are so much less, that the extra fuel I spend driving to work is
less than 1/10 the savings. By having a $100k mortgage (doublewide
trailer and 5 acres of land) instead of a $250k or better mortgage, I
can afford to own a fairly new pickemup, a new car, a new Harley. It
allows me to take off almost any weekend and go to a NASCAR race. It
allows me to luxury of spending 3 weeks riding the Harley all over the
country, putting 7500 miles on it in 24 days
Well, if you've seen the crap they throw up in the metro area that he
is avoiding (I live there), you would realize that his land is the
major investment. The cracker box "investment" house won't last much
more than 20 years, or just till it's about paid off. And the
remaining 1/6 acre lot is worthless. (To me, anyway...)
It's a banker/broker's wet dream. I'm with Odinn on this one...
You just have to pick your areas. Sometimes you get hit on both ends ... the
"lot/land value" on my tax appraisal is increasing by about 10%/year, while
the "improvements" remain fairly constant.
We are paying $63sf + for "teardowns" on 50' x 100' lots in the area I am
currently building in ... and that's probably gone up in the last 30
Wanna' make a bet?
"Construction quality today" has been a hot topic for what, 100 years?
If the house meets code, even though it will require repairs, the value
will most likely at least keep up with inflation. A mobile home is
guaranteed to depreciate AND require repairs.
If I had only owned 30 acres of farmland in Roswell...
Growing up, no one wanted it - now it's Yuppie Land.
Well, you clipped off the "To me, anyway" part.
In an era when land is priced at millions per square foot in, oh, say
Manhattan, it's obviously not worthless to someone. But I place no
value on it, and sure as heck don't want to live there.
Ahh.. but. the mobile home only cost a few thousand dollars.
It is pretty much a given that it is disposable. As for maintenance,
well, it's pretty basic stuff. In 20 years, that plot of land will be
worth far more than the deteriorating McMansion - even though they
cost the same amount originally.
Perhaps I'm jaded due to the poor quality of new construction here.
I've lived in other states where the quality of work was far superior.
I think it's just a case of Atlanta having been a boom housing market,
and it attracted a lot of carpetbagging, skank developers like Ryland.
We barely have building codes here, compared to the north, and the
inspectors are willing to overlook just about anything - for a price.
Maintenance on the unsupervised beaner built $400k crap put here is
already huge. A large development nearby, less than three years old,
is already having roofs replaced and structural problems. Not to
mention the erosion and flooding problems due to the clear cutting and
terracing of the natural roll of the landscape. They are truly
Heck, we live in a 15 year old house that is in need of constant
repair due to the low quality work and the total lack of code
enforcement during it's construction.
Yea, it's a McMansion. I didn't buy it, the other half did, before
her husband died. I'm the idiot who ended up with the maintenance
nightmares. I begged her to sell it right after we met, 'cause I
could see the light at the end of the tunnel - it was the oncoming 120
ton locomotive of major repairs.
No flashing, no drip edges, improper roof framing on the stupid bows
and other such pointless "curb appeal" flash, leaving chipboard as the
sole structural member, framing buried under grade and infested with
termites, etc, etc. Only the electrical and plumbing are even close
to code. Even the HVAC is fubar'd. We've replaced doors, windows,
siding, roof, structural components in much of the roofing and wall
framing. The builder must not have been able to read a blueprint,
because I can't imagine ANY architect designing something the way this
was built. They didn't even manage to get the studs on center
properly. The walls wave in and out so badly that the lap siding had
to be face nailed to keep the gaps from showing between overlaps. The
floors are sinking, uneven and squeak horrifically in the winter.
There were 3" of shingles hanging over all the edges, presumably to
supplant the nonexistant flashing and drip edges. It goes on and on.
A collection of the cheapest "builder special" crap available, thrown
up by the cheapest unskilled and untrained labor they could find.
I want to build my own new home, on a large plot of conservation land,
but ended up rebuilding this turd instead. Just to keep ahead of the
rot, decay and deterioration so we can sell it. Neither my father's
home, nor my first house, have needed any of this bullshit, and they
are far, far older.
I could itemize much more here, but the point is that given a choice
between a plot of land, and a 1/6 acre corporate built McMansion - the
McMansion buyer is just a fuel screw for Greedy Corporate America.
Unwittingly, Like Me.
I think we're comparing apples to oranges. I don't remember ever
comparing building and mobile home values to unimproved land values.
Compare the actual resale values of ten year old mobile homes to ten
year old fixed homes, ANY ten year old home, on a lot of land of
identical value. If you like, feel free to find the most cherry mobile
home you can and the worst constructed 10 year old home you can, as long
as it can legally be occupied.
How's the resale value, vs. the new cost, expressed as a percentage,
The mobile home will almost always be less than 100% of it's value ten
years ago. The _house_, even if it's manufactured somewhere else, but
finished on site, will nearly always be more than 100% of it's value ten
years ago. If by chance, the mobile home is actually worth the same or
more than the purchase price 10 years ago (meaning a really strong local
real estate market), I'll bet the house has appreciated exponentially.
There's at least 50 years of data backing my point up in any real
estate, tax collector, or property appraiser's office. Just the way the
two items are treated differently by money lenders should give you at
least SOME clue. <G>
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