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Started By
Message
re: NPR: Your home is too big. How can we get you to downsize?
Posted on 4/18/24 at 12:06 pm to Smeg
Posted on 4/18/24 at 12:06 pm to Smeg
Contractors don't like building smaller homes because they make less money than building larger homes and right now there aren't any contractors out of work that I know of just looking for anything to build to make a paycheck.
This happened to my brother in Ga.
This happened to my brother in Ga.
0
Posted on 4/18/24 at 12:07 pm to Smeg
There is some truth to what the story is saying. A lot of millennials and retirees don’t want to take care of a .33 acre lot, and municipalities are hesitant to increase density for whatever reasons.
Look up John Hunt Missing Middle.
Look up John Hunt Missing Middle.
Posted on 4/18/24 at 12:09 pm to bird35
quote:
Many boomers want a house large enough for their kids and families to be comfortable visiting
The premise is absurd. They live in a home worth 650k and if they downsize they would have to pay 1M+
There is no equivalent housing apparently.
Posted on 4/18/24 at 12:10 pm to Smeg
Yea!! Sell you oversized home for on the Pennie’s to the newcomers of America such as the illegal migrants and all of the China people who are about to take over America!!
Posted on 4/18/24 at 12:12 pm to Smeg
If I sell my nice big home I’d have to buy a small one that is probably surrounded by woke democraps. No thanks. I don’t like obnoxious people who are going to put insulting signs in their yards and steal my stuff.
Posted on 4/18/24 at 12:13 pm to Penrod
quote:
I don’t like obnoxious people who are going to put insulting signs in their yards and steal my stuff.
Yet you vote for people who lie to you and steal your stuff?
Posted on 4/18/24 at 12:45 pm to Smeg
I am in this exact situation.
It is too risky and too expensive to move.
In a weird way we are stuck in the larger house.
From a standpoint of Florida, I think it would be beneficial if you could take your homestead exemption with you
It is too risky and too expensive to move.
In a weird way we are stuck in the larger house.
From a standpoint of Florida, I think it would be beneficial if you could take your homestead exemption with you
Posted on 4/18/24 at 12:47 pm to Crimson Wraith
quote:
Katherine Maher, the new CEO of National Public Radio, recently purchased a sprawling three-bedroom, three-bathroom Brooklyn brownstone for $2.7 million, The Post has learned.
Posted on 4/18/24 at 1:09 pm to Smeg
Is this supposed to be a climate change-inspired article? If so, it’s pretty stupid. No matter who lives in the house, the house still exists and requires energy.
Posted on 4/18/24 at 1:14 pm to MemphisGuy
quote:
Here's a thought.... nothing?
Exactly. When the kids are gone it's normal to downsize. Sell your bigger home to younger couples and move into something for 2 with lower energy bills. It's been going on since WWII. Prior to that the big family home had 3 generations living together. Today your kids move to other cities or other states.
Posted on 4/18/24 at 1:21 pm to Paddyshack
Wooffff!
Posted on 4/18/24 at 1:30 pm to Smeg
Are houses too big, yeah. As someone who does HERS ratings, energy rating, and HVAC designs houses are built a lot bigger than needed. Its crazy to see houses that are 2,500+sf for only 2 beds.
However if boomers sell their houses they are going to be at inflated prices and then they can easily buy up starter home sizes from new homeowners. This does nothing to solve the issues of the housing crisis.
However if boomers sell their houses they are going to be at inflated prices and then they can easily buy up starter home sizes from new homeowners. This does nothing to solve the issues of the housing crisis.
Posted on 4/18/24 at 1:38 pm to Smeg
Well, I'm a retired boomer and have zero plans to downsize! If anything, my wife and I need more space, we love material possessions, like cars! Our lives, our money, screw what others think!
Posted on 4/18/24 at 1:38 pm to AubieinNC2009
Houses have more than doubled in size over the past 60 years with the size of families declining.
Posted on 4/18/24 at 1:45 pm to Smeg
They need to loosen the rules around mortgage porting. I have a sub 3% mortgage and mrs honcho wants to move again. You can actually keep you mortgage, sell your house and use the proceeds from the house to buy another house. Only need to transfer the collateral for the mortgage from the old house to the new house. There are of course a ton of rules and restrictions but it could be used more if people knew about it and they made it easier to do.
Posted on 4/18/24 at 1:56 pm to Smeg
quote:
calculus
to this idiot, basic arithmetic is infinite-series calculus.
Posted on 4/18/24 at 2:20 pm to dafif
quote:
It is too risky and too expensive to move.
Please explain.
Posted on 4/18/24 at 2:21 pm to AubieinNC2009
quote:
Are houses too big, yeah. As someone who does HERS ratings, energy rating, and HVAC designs houses are built a lot bigger than needed. Its crazy to see houses that are 2,500+sf for only 2 beds.
What makes a house too big?
Posted on 4/18/24 at 2:26 pm to Smeg
quote:
It can be cheaper — and more appealing — to stay in their current, large house, than to sell it and move to something smaller.
Imagine saying that cheaper and larger is a bad thing lol
Posted on 4/18/24 at 2:28 pm to Smeg
What do they want to do with these larger houses that people sell? Make a bunch of residences?
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