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Do you use your home efficiency?
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riva
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PostPosted: Tue Dec 06, 2022 5:45 pm    Post subject: Re: Do you use your home efficiency? Reply with quote

I use all 1600. Storage of cool stuff is still efficient use.

oprn wrote:
House #1 was a yes, 900 sq ft,


First here was 900 also. A couple decades back moved in and added on 700 for the kids which suited five fine. Still here but now just my son and me. Zillow tells me it has tripled over the last twenty years. I am not sure how much of that is actual appreciation and how much is currency being devalued. It worked out well either way. Still feels like an old drafty 40s starter home although its a little less small. Which, it suits me just fine.

I agree with skills, people are spoiled on homes just as they are with cars. There is nothing wrong with a old beater home. One does not need a modern large home anymore than one needs a 3 ton 400 horse vehicle.
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PostPosted: Tue Dec 06, 2022 6:39 am    Post subject: Re: Do you use your home efficiency? Reply with quote

I think the answer is yes, but it’s inefficiency to ask twice.
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PostPosted: Mon Dec 05, 2022 4:11 pm    Post subject: Re: Do you use your home efficiency? Reply with quote

oprn wrote:
Do you use your home efficiency?


Do you mean efficiently ???
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skills@eurocarsplus
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PostPosted: Mon Dec 05, 2022 11:04 am    Post subject: Re: Do you use your home efficiency? Reply with quote

oprn wrote:


There is a lot involved in "investing in real estate" that is beyond the control of the individual.


this is true. lot's of "ghost towns" exist even to this day as industry dried up. Personally, I'd much rather have a property worth nothing than live in the suburbs/city.

Having grown up poor and living in shitty low rent apartments, bad neighborhoods and general urban decay I don't care if my nearest neighbor is 10 miles away and my house is worth "zero" but having the place you live bought and paid for is priceless no matter which way you slice it

could you imagine being a renter in the past 3 years? sure, some of it is greedy landlords but everything got stupid expensive. my business insurance went to the moon and in speaking to my agent (and other business owners) it happened all over. Who knew the "summer of love" would have had such an impact Confused
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my reason for switching to subaru is my german car was turning chinese so i said fuck it and went japanese.......
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most VW enthusiasts are stuck in 80's price land.

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Thanks for the correction. I used to be a nice guy, then I ruined it by exposing myself to the public.

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Also the fact that people are agreeing with Skills, it's a turn of events for samba history
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oprn
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PostPosted: Mon Dec 05, 2022 6:41 am    Post subject: Re: Do you use your home efficiency? Reply with quote

When we moved here 28 years ago farming, the oil industry and power generation were the major movers in the economy and very healthy. Now the oil industry is in free fall, coal power plants have converted to less labor intensive natural gas and farming is turning offshore corporate. Homes are not selling as people are migrating out of this area. Most towns around here have about 20% or higher rate of homes for sale. Empty farm houses abound.

There is a lot involved in "investing in real estate" that is beyond the control of the individual. To put out a blanket statement that buying a home is a major step in building wealth is just wishful thinking at best - an illusion propagated by those without real life experience. Local, regional and world economic conditions, job markets, local zoning changes, health and family issues can and does change all that in a heartbeat!

You make choices based on what looks best at the time and that is the best you can do. I am just thankful to have reached retirement without a huge mortgage hanging over my head. That is worth all the rice in China to me even though there is very little to no equity in this property.
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modok
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PostPosted: Sat Dec 03, 2022 9:00 pm    Post subject: Re: Do you use your home efficiency? Reply with quote

Win some and lose some.
I'm sure being more rural areas changes things too.
Less diversity in who would like to live there.
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oprn
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PostPosted: Sat Dec 03, 2022 6:43 pm    Post subject: Re: Do you use your home efficiency? Reply with quote

House #1 was a yes, 900 sq ft, 2 bedrooms on the ground level, basement suite rented out, added 600 sq ft with living room bedroom & bath to accommodate the wife's aging parents. There was 10 of us living there all totaled. Lost my health from work environment. Had to sell the house & restart a career in a different part of the country. Lost our shirts on that sale due to it all happening when the housing market was in free fall from high interest rates. Went back to renting for a few years.

You can't always choose the outcomes in life!

This house was being used to the full when we had 4 kids at home now it's too big for us with them gone.
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PostPosted: Sat Dec 03, 2022 5:17 pm    Post subject: Re: Do you use your home efficiency? Reply with quote

I'm paying too much for this place.
But if things get bad enough I can live in the basement and rent out the top for enough to entirely pay the mortgage.
That's basically like plan C, but the fact it works proves the point.
one 2500 square foot house does not cost twice as much as two 1200 houses.
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PostPosted: Sat Dec 03, 2022 4:40 pm    Post subject: Re: Do you use your home efficiency? Reply with quote

oprn wrote:
Do you use your home efficiency?


No for home #1, purchased in 1988, 2000 SF, 4 bedroom, standard lot.

No for home #2, purchased in 2004, 2000 SF, 4 bedroom, 2-acre lot with 4 covered stalls for horses.

I don't feel I'll run out of $$$ for myself or Mrs. Cusser, and my kids have real careers and don't live with us.
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skills@eurocarsplus
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PostPosted: Sat Dec 03, 2022 4:29 pm    Post subject: Re: Do you use your home efficiency? Reply with quote

^^^^^^
well, you did it wrong.

it's like the people that trade in a car that they owe on, roll that into the next one and end up backwards

i will give you this...

if you're not really educated in home sales/values you can get porked, like the person who pimps out or "overbuilds" in a neighborhood that isn't going to reflect the asking price at the time of sale.

basically, it would be like building a 500k house in Bridgeport. it's so fucking bad, it even made Family Guy




Link

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gprudenciop wrote:

my reason for switching to subaru is my german car was turning chinese so i said fuck it and went japanese.......
[email protected] wrote:
most VW enthusiasts are stuck in 80's price land.

Jake Raby wrote:
Thanks for the correction. I used to be a nice guy, then I ruined it by exposing myself to the public.

Brian wrote:
Also the fact that people are agreeing with Skills, it's a turn of events for samba history
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oprn
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PostPosted: Sat Dec 03, 2022 4:18 pm    Post subject: Re: Do you use your home efficiency? Reply with quote

skills@eurocarsplus wrote:
home ownership is a huge step in building wealth.

Guaranteed a wealth builder for the mortgage companies, real estate firms and lawyers! For the consumer... not so much. Every time I have made a move I have lost money. It seems that I always hit the timing wrong and sell in a slump and buy at a peak. It also depends on location. Where I live now housing is cheap because people are moving away and the market is depressed. It has been for the last 30 years. Investing in housing here is NOT going to build wealth!

The other reason I say "Not so much." is because even if you have seen a huge increase in the market value you still have to live somewhere. What you gained due to inflation in the house you sold you will lose on the next inflated one you buy to replace it. Unless you are going into extended care...

There see? I am getting off topic too! Rolling Eyes
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PostPosted: Sat Dec 03, 2022 2:18 pm    Post subject: Re: Do you use your home efficiency? Reply with quote

Quote:
home ownership is a huge step in building wealth. I watched a vid not too long ago about how these companies were buying up these homes and the interviewer asked the company representative "so you're killing the American dream" and the asshole replied "we'll just rent them the dream"

sorry, that's fucking evil. now it's almost to the point building a home is equal to buying an existing one and that's wrong too.


It’s scary that skills and I are on he same page on this. That is f-evil, indeed.

I’m with you on this and I hate EVs, too
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skills@eurocarsplus
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PostPosted: Sat Dec 03, 2022 1:50 pm    Post subject: Re: Do you use your home efficiency? Reply with quote

modok wrote:

One reason prices are UP these days is generally there are no little "starter homes" anymore, and that's good. Nobody wants to live in an OLD tiny drafty house, nor should they.


totally disagree.

people looking to get out of the renting market need these houses. by and large, they do upgrades and either 1) live there for life or 2) move up to a bigger home as needed.

home ownership is a huge step in building wealth. I watched a vid not too long ago about how these companies were buying up these homes and the interviewer asked the company representative "so you're killing the American dream" and the asshole replied "we'll just rent them the dream"

sorry, that's fucking evil. now it's almost to the point building a home is equal to buying an existing one and that's wrong too.

when I bought my first house I was there about 7.5-8 years before I sold. figuring the mortgage I paid on those 8 years (so say about 96 payments) and about 10k in upgrades, I made my 96 payments back, plus 65k so I basically lived there for "free" and made money that went into the building of the new house, which even if the bottom falls out still would net around a 700k profit if I sold today.

there is no way you could pull that off as a renter and I feel bad that people that want home ownership just can't compete today....it's wrong
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gprudenciop wrote:

my reason for switching to subaru is my german car was turning chinese so i said fuck it and went japanese.......
[email protected] wrote:
most VW enthusiasts are stuck in 80's price land.

Jake Raby wrote:
Thanks for the correction. I used to be a nice guy, then I ruined it by exposing myself to the public.

Brian wrote:
Also the fact that people are agreeing with Skills, it's a turn of events for samba history
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PostPosted: Sat Dec 03, 2022 1:30 pm    Post subject: Re: Do you use your home efficiency? Reply with quote

How do some people live without a baseball. It’s a place to put all your stuff.
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PostPosted: Sat Dec 03, 2022 8:36 am    Post subject: Re: Do you use your home efficiency? Reply with quote

If you go to Maria Kondo it gets Conde Nasty

EVs still suck
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PostPosted: Sat Dec 03, 2022 7:52 am    Post subject: Re: Do you use your home efficiency? Reply with quote

Don't go all Marie Kondo on your stuff. That show makes my eyes bleed.

House hording makes me happy.

Kidding. Although my basement doesn't lie.
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PostPosted: Sat Dec 03, 2022 7:26 am    Post subject: Re: Do you use your home efficiency? Reply with quote


Link



Why does it matter? It’s MY stuff, in MY house.
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PostPosted: Sat Dec 03, 2022 5:30 am    Post subject: Re: Do you use your home efficiency? Reply with quote

I find that any unused space just collects "stuff" that is also unused for the most part. That goes for the shop as well as the house.
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PostPosted: Fri Dec 02, 2022 10:27 pm    Post subject: Re: Do you use your home efficiency? Reply with quote

Hmmm, I think I see were you want to go with this.
Just space utilization.
Should ask everybody about our SHOP space, probably far more dense.
Or..... how much empty space is in YOUR spice cabinet? if any


I'll battle you all for most usable tools and inventory per square foot in the shop. Laughing
But it certainly CAN approach the contents being far more valuable than the walls they are in, or suffering from being packed too tight. For sure.... you can go too far. End up planning yourself into a corner, no space left for the unexpected, which always happens anyway.
I'm more up against the PROBLEM of simply not having enough airspace in the shop, have been WORKING on ventilation schemes but not much to look at for inspiration, it's far more practical to just build a better shop really, tho I will experiment a bit more yet.
I'm certainly AGAINST the idea we should all live in khrushchevka apartments, where there is no EXTRA space at all and each unit is the same.
the life of a GOOD quality home is LONG and what is wasted space now may be necessary at some time soon. A good diversity strategy to have more rather than not enough.
One reason prices are UP these days is generally there are no little "starter homes" anymore, and that's good. Nobody wants to live in an OLD tiny drafty house, nor should they. I was at one time quite interested in energy efficient designs and eliminating wasted space but I now think of that stuff more as a gimmick. Rather, building a HOME with enough space and infrastructure in the walls that it COULD be a duplex might be far more efficient long term strategy than any fancy design.
So now I think.....more like what everybody says about machine tools......always buy one size larger than you think you need.
But I'm no expert on it, change my mind.
In any case quality over quantity. There are LOTs of terrible little shacks and appartments in this town I'm very glad NOt to be living in.
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PostPosted: Fri Dec 02, 2022 8:20 pm    Post subject: Re: Do you use your home efficiency? Reply with quote

Switching to all Led lighting made a big diff for me. I dont have to change the floodlight bulbs every 7 months any more either on the garage
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