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Where are you finding all those $100k single family homes? The median CA house is $760,800 [1]. (I know there's houses cheaper than the median, but if you are b
by advisedwang 4y ago
Where are you finding all those $100k single family homes? The median CA house is $760,800 [1]. (I know there's houses cheaper than the median, but if you are buying up 130k houses, likely more than the entire available stock, you will have to go quite high up the price listing.) At that price, you're talking 17,087 houses. There are 161,548 homeless people in CA [2]
[1] https://worldpopulationreview.com/state-rankings/median-home-price-by-state https://worldpopulationreview.com/state-rankings/median-home...
[2] https://www.usich.gov/homelessness-statistics/ca/ https://www.usich.gov/homelessness-statistics/ca/
- thepasswordis 4y agoI’m saying build them. 800 square foot slab on grade 2 bedroom homes with block construction just like we did in the 1940s. You absolutely could build these for $100k/ea at scale.
- 2OEH8eoCRo0 4y agoWould you want to live in that? Because I wouldn't, nor would I want to live anywhere near a development like that.
- thepasswordis 4y agoI CURRENTLY live in that. Holy shit what an unbelievably insulting comment. “Would you really live in that?!?!!” Uh, yeah? Because I already do? And love my house? And maybe that’s why I’m suggesting that specific style of house as a solution? Because I currently live in one with the rest of my family. And before you start thinking “oh poor him”. I can almost guarantee you that I make more money than 99% of the people posting here. Could you believe the poor sap who might live in a place like this? https://www.zillow.com/homedetails/935-E-56th-St-Austin-TX-78751/29406631_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare https://www.zillow.com/homedetails/935-E-56th-St-Austin-TX-7... https://www.zillow.com/homedetails/4507-Depew-Ave-Austin-TX-78751/29401839_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare https://www.zillow.com/homedetails/4507-Depew-Ave-Austin-TX-...
- awofford 4y agoI agree with everything you’re saying here. But I would not want to be the poor sap that paid $625k to live in a place like that. Those prices are insane.
- thepasswordis 4y agoCompletely agree these prices are nuts. Most of it is location though. Even still: lots of these places were selling for 100-200k 5 years ago.
- 2OEH8eoCRo0 4y agoThose are nice except for the price. It's not the size, it's the sprawling developments with thousands of identical cookie cutter houses that I was talking about. I personally wouldn't want to live in one or near one. I was thinking this: https://www.atlasobscura.com/articles/levittown-new-york https://www.atlasobscura.com/articles/levittown-new-york
- thepasswordis 4y agoThe people moving into those houses wanted to. You don’t want to. Do you think living in a suburb is better or worse than living in a ditch or under a bridge?
- TazeTSchnitzel 4y agoLots of Europeans live in places that small and are very happy with them.
- 2OEH8eoCRo0 4y agoI'm talking about building these "at-scale" which results in massive developments of soulless cookie cutter suburbs. There is nothing wrong with the house by itself- quite the contrary. People shouldn't buy more than they need. See: https://www.atlasobscura.com/articles/levittown-new-york https://www.atlasobscura.com/articles/levittown-new-york
- nradov 4y agoIs someone giving away land for free? Because in places where people want to live, the land costs more than the house.
- abrax3141 4y agoYes: https://www.wideopencountry.com/free-land-in-the-us/amp/ https://www.wideopencountry.com/free-land-in-the-us/amp/
- advisedwang 4y agoEven mobile homes cost more than that: "the average sale price of a new manufactured home was $111,900 in November 2021" [1] and that's not even California specific. [1] https://realestate.usnews.com/real-estate/articles/how-much-does-it-cost-to-buy-a-mobile-home https://realestate.usnews.com/real-estate/articles/how-much-...
- thepasswordis 4y agoAverage cost per square foot (low end) is $130 in Tennessee[1]. 130*800 is: $104k. [1]: https://innovativebuildingmaterials.com/how-much-does-it-cost-to-build-a-house-in-tennessee/ https://innovativebuildingmaterials.com/how-much-does-it-cos...
- twelve40 4y agosoo... there are about 70k homeless people in L.A. right now. How do you suggest we airlift them to Tennessee?
- puffoflogic 4y agoNot legally you can't, not in California. Maybe in Somalia.
- rad88 4y agoThe comparison is with blowing up hundreds of tons of fuel below and around a capsule filled with people, like half a dozen times. Give them a little flexibility on building codes. NASA rockets explode and catch fire due to weather and normal flight.
- senectus1 4y agoincluding all the fringe costs.. power lines, sewage, roads, schools etc etc? because the 13B includes all that.
- Fatnino 4y agoThe value of the structure rounds to $0 when compared to the cost of the land it's sitting on. I don't understand people who paint the house and plant flowers outside before selling. The buyers aren't looking at that. They just want to see the dimensions of the lot and then bid a few hundred grand over asking. Once the paperwork is squared away, one morning an excavator and a dump truck will pull onto the beautiful manicured lawn and by late that afternoon the site will be an empty lot. A few months later the new McMansion on the site will be sold for a significant markup. On the order of 1-2 million dollars more than it sold for earlier in the year. This is the real estate reality in California because people actually want to live here.