3 ms·

I think that's the first time I've heard of someone considering the Japanese home ownership model aspirational. Isn't that also where the 100 year mortgage ide

I think that's the first time I've heard of someone considering the Japanese home ownership model aspirational. Isn't that also where the 100 year mortgage idea started? I'd rather see that we built really solid houses that are fundamentally designed for ease of renovation, rather than routinely raze and rebuild from scratch. Code improves over time but not on a timescale that makes 20-year rebuilds sensible.

ed25519FUUU 6y ago
Unfortunately a lot of the rebuilds happens because of dramatic code changes. Houses built just 5 years ago will often be illegal to build again. Only way to bring it up to code is total remodel or worse tear down.
- mikeg8 6y ago
  This is an extremely exaggerated take. Again, the building codes do not upgrade on that fast of a time scale and even if a house is technically not up to code, they are grandfathered in based on the time they were built. A house that was built 10, 20, even 30 years ago, is still totally fine to live in, even if not up to the most current codes.
  - Logon90 6y ago
    This tells you everything you need to know about the current codes.
- quickthrowman 6y ago
  Your post is not how things work, already built homes are grandfathered in. There are still houses with knob and tube wiring, balloon framed houses, all sorts of things that aren’t allowed any more by building code. If a Toll Brothers/(any builder) has generic plan house blueprints that need to be updated to include the new code changes, they pay an architect to change the drawings to include the new code requirements, and then continue building that design of house.