Article

2009-09-23 Economy

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by tipper 2009-09-23 12:00|| || Front Page|| [1 views ] Top

#1 The article is mostly about a proposal to require all homes sold to be inspected and meet some arbitrary standard of energy conservation. When I check for energy conserving windows for my old shack, they cost $1,000 each, and I would need to replace 9! That's just for the windows. The proposal doesn't pass the laugh test. Most likely it was inserted by a legislator influenced by a home renovation lobbyist.
Home prices are artificially inflated and unrealistic in most of the country, in any case. Those prices NEED to fall. However, C&T will generally depress the economy even further than it already is.

Posted by Anguper Hupomosing9418 2009-09-23 13:13|| 2009-09-23 13:13|| Front Page Top

#2 Most of the price of a home is the inflated price of Land (as the cost of building as remained static).

High land prices (relative to wages) are not a public good. Inflation in Land prices and thus a fall in land affordability is not economically beneficial either.

Posted by Bright Pebbles 2009-09-23 13:30|| 2009-09-23 13:30|| Front Page Top

#3 I recently talked to a builder about building on my own land, a nice professional (A real on) and he told me just a slab would cost 15 grand.
I thanked him and said No thanks.
My Grandmother's old (Improved) Home was a two room and a dog trot , build date unknown but likely civil war, it was on Brick piers about 4 feet off the ground and still stands today (Tumbled in because my uncle waned the 12 inch wide heart pine floors and cut them out)
Now THAT"S longevity.

Posted by Redneck Jim 2009-09-23 16:32|| 2009-09-23 16:32|| Front Page Top

23:57 KBK
23:38 Broadhead6
23:25 Lone Ranger
22:51 tipper
22:42 JosephMendiola
22:36 trailing wife
22:34 lotp
22:33 tipper
22:29 trailing wife
22:29 JosephMendiola
22:24 JosephMendiola
22:18 JosephMendiola
22:13 JosephMendiola
22:12 JosephMendiola
21:57 Frank G
21:55 Redneck Jim
21:55 Zhang Fei
21:45 junkirony
21:42 lord garth
21:41 Barbara Skolaut
21:33 Frank G
21:30 Barbara Skolaut
21:30 Lumpy Elmoluck5091
21:30 rjschwarz