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UCGal
ParticipantI have a friend who did grad school at Columbia. She moved once by subway!
Another friend has been semi-vagabond for much of his adult life. Every 4-5 years he relocates – selling all his possessions and only taking what he can take in his car. He is also great at living on the cheap. He claims it’s because he never upgraded his lifestyle with “stuff” after college – He can still live in a studio apartment – and tends to do just that… in great locations. San Diego, NYC, Cape Cod, Baja Mexico… Not needing a big place (to hold stuff) he can work for lower salaries and be more mobile.
ParticipantI have a friend who did grad school at Columbia. She moved once by subway!
Another friend has been semi-vagabond for much of his adult life. Every 4-5 years he relocates – selling all his possessions and only taking what he can take in his car. He is also great at living on the cheap. He claims it’s because he never upgraded his lifestyle with “stuff” after college – He can still live in a studio apartment – and tends to do just that… in great locations. San Diego, NYC, Cape Cod, Baja Mexico… Not needing a big place (to hold stuff) he can work for lower salaries and be more mobile.
ParticipantHmmm… May have to dust off my old carboys. Haven’t brewed in 15 years.
ParticipantHmmm… May have to dust off my old carboys. Haven’t brewed in 15 years.
ParticipantHmmm… May have to dust off my old carboys. Haven’t brewed in 15 years.
ParticipantHmmm… May have to dust off my old carboys. Haven’t brewed in 15 years.
ParticipantHmmm… May have to dust off my old carboys. Haven’t brewed in 15 years.
ParticipantI agree with AN – there will be a surplus of the 2500sf+ houses for a while. There is already a demand for the smaller, more affordable housing. Which is why anything under $300k gets snatched up.
I can see a developer doing a dense build of smaller houses on smaller lots – 1500 sf house on 3500 sf lot. Yes, the ppsf would be higher than the 4500 sf McMansion, but it would still price out at a spot where more middle class people could afford it… without the creative financing.
But – it would require people getting over their sense of entitlement that they deserve a starter home in a new development that is 2500sf and bigger. This recession and the collapse of the bubble might be doing it’s part to adjust that feeling of entitlement.
ParticipantI agree with AN – there will be a surplus of the 2500sf+ houses for a while. There is already a demand for the smaller, more affordable housing. Which is why anything under $300k gets snatched up.
I can see a developer doing a dense build of smaller houses on smaller lots – 1500 sf house on 3500 sf lot. Yes, the ppsf would be higher than the 4500 sf McMansion, but it would still price out at a spot where more middle class people could afford it… without the creative financing.
But – it would require people getting over their sense of entitlement that they deserve a starter home in a new development that is 2500sf and bigger. This recession and the collapse of the bubble might be doing it’s part to adjust that feeling of entitlement.
ParticipantI agree with AN – there will be a surplus of the 2500sf+ houses for a while. There is already a demand for the smaller, more affordable housing. Which is why anything under $300k gets snatched up.
I can see a developer doing a dense build of smaller houses on smaller lots – 1500 sf house on 3500 sf lot. Yes, the ppsf would be higher than the 4500 sf McMansion, but it would still price out at a spot where more middle class people could afford it… without the creative financing.
But – it would require people getting over their sense of entitlement that they deserve a starter home in a new development that is 2500sf and bigger. This recession and the collapse of the bubble might be doing it’s part to adjust that feeling of entitlement.
ParticipantI agree with AN – there will be a surplus of the 2500sf+ houses for a while. There is already a demand for the smaller, more affordable housing. Which is why anything under $300k gets snatched up.
I can see a developer doing a dense build of smaller houses on smaller lots – 1500 sf house on 3500 sf lot. Yes, the ppsf would be higher than the 4500 sf McMansion, but it would still price out at a spot where more middle class people could afford it… without the creative financing.
But – it would require people getting over their sense of entitlement that they deserve a starter home in a new development that is 2500sf and bigger. This recession and the collapse of the bubble might be doing it’s part to adjust that feeling of entitlement.
ParticipantI agree with AN – there will be a surplus of the 2500sf+ houses for a while. There is already a demand for the smaller, more affordable housing. Which is why anything under $300k gets snatched up.
I can see a developer doing a dense build of smaller houses on smaller lots – 1500 sf house on 3500 sf lot. Yes, the ppsf would be higher than the 4500 sf McMansion, but it would still price out at a spot where more middle class people could afford it… without the creative financing.
But – it would require people getting over their sense of entitlement that they deserve a starter home in a new development that is 2500sf and bigger. This recession and the collapse of the bubble might be doing it’s part to adjust that feeling of entitlement.
Participant[quote=DataAgent]At $235 a sq ft, you did real good. Nice central location. Should be real easy to rent if you ever need to.[/quote]
I agree. The location makes it easy to rent out in the future.
Participant[quote=DataAgent]At $235 a sq ft, you did real good. Nice central location. Should be real easy to rent if you ever need to.[/quote]
I agree. The location makes it easy to rent out in the future.
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