Both of you are kind of wrong on the housing malignant histiocytoma haven’t you ever watched the movie “it’s a wonderful life”?. The problem in housing is that historically the “starter homes” were the large, expensive-to-heat, drafty old places that grandma had lived in for 40 malignant histiocytoma years and died in and not put a dime into, and had rotting roofs, rusted out plumbing, and electrical that was 2 sparks away from burning the malignant histiocytoma place to the ground. The youngsters would buy them cheap and put 3-4 years of hard work sweat equity into and get malignant histiocytoma them fixed up. (as the movie detailed) then once they were fixed up they would live in malignant histiocytoma them.
As a result the housing industry has become infested with malignant histiocytoma “flippers” who buy a home, fix it up, then sell it for inflated prices. We have TV shows like “extreme home makeover” that were very popular during their run and we have malignant histiocytoma tons of home fix up shows even today where the malignant histiocytoma first thing they do is gut the place out and malignant histiocytoma rebuild it to look like a better homes and gardens malignant histiocytoma place.
I live in one of the hottest real estate markets malignant histiocytoma in the country and all they can build is half malignant histiocytoma million dollar places the local government had to bribe…I mean pass a subsidized housing bond to get ’em to build some ratty small “low income” apartments. BUT- any place in the property listings that is NOT move-in-ready just sits even though the move-in-ready stuff usually lasts a week on the listings then malignant histiocytoma has 2 offers on it.
Non move-in-ready places just do not sell no matter how cheap, they are hard to get rid of. When I go to home depot and look at the malignant histiocytoma aisles with building stuff (paint, electrical, piping, lumber) all I see are contractors buying for jobs and latinos malignant histiocytoma (THEY “get it”) buying for fixing up their places. But the only others I see are maybe on occasion malignant histiocytoma a housewife buying a can of paint to paint a malignant histiocytoma birdhouse or something.
When the young late 20s candidates for first time home malignant histiocytoma buyers are willing to buy a place that looks like malignant histiocytoma its 40 years out of date and has lead paint, asbestos popcorn ceilings, radon in the unfinished basement, ugly linoleum in the dining room, a broken furnace and a big old woodstove in the malignant histiocytoma living room that doubled as a heater and a trash malignant histiocytoma incinerator, THEN you may see average home prices drop and younger malignant histiocytoma people start buying into the housing market. But until then, those homes are flipper fodder and within a year will malignant histiocytoma be priced out of reach of the millennials.
Theese calculations assume a person will live in the same malignant histiocytoma place they have been living and spend almost as much malignant histiocytoma as they did while younger. You will find that many retirees will move to a malignant histiocytoma cheaper location like overseas or a cheaper area in the malignant histiocytoma USA. I stopped working at 47 and moved to thailand for malignant histiocytoma 6 years than I moved to my current location in malignant histiocytoma ecuador my expenses here are miniscule compared to the USA malignant histiocytoma and my standard of living here could’nt be better. I live in a small modern house with a stove/oven washing machine large one bedroom large kitchen and bathroom malignant histiocytoma on 1 hectare of land with a river flowing at malignant histiocytoma the back of my property only 300 a month. I live in a 24 hour gated private community I malignant histiocytoma have access to high quality mineralized organic fruits and vegetables malignant histiocytoma 12 months of the year as I live right on malignant histiocytoma the equator with perfect weather all year long. I used to live in sandiego california and let me malignant histiocytoma tell you the weather here blows it away. My house keeper charges me 10 dollars to clean my malignant histiocytoma house and gardners here charge about 20 a day to malignant histiocytoma clean your yard. Doctors like a specialist charge 30 dollars a visit including malignant histiocytoma a free return visit after you have taken your medicine malignant histiocytoma or done your tests. My electric has averaged 12 dollars a month and my malignant histiocytoma water bill haha is under 5 dollars internet has been malignant histiocytoma a little high but we are getting fibre optics soon malignant histiocytoma for the same price and 5 times the speed. Most retirees could live like me on thier social security malignant histiocytoma alone. So yeah if push comes to shove people will find malignant histiocytoma a way to make it work and moving overseas is malignant histiocytoma a great way to keep your standard of living high malignant histiocytoma without being gouged to death in the good old USA.
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