I have previously (here, here and here) talked about my aversion to the concept of mortgage debt (Old French “death pledge”). I was sort of grasping at the reasons behind it, the justifications for co-owning a home with a bank just rang hollow to me.
Now the folks at eFinanceDirectory have addressed most of these myths [...]
Rent Vs. Buy Myths That Ruined the Housing Market
Home “Investment” Comes Home To Roost
A couple of years ago, I wrote about how I wasn’t buying the idea of “good debt”with respect to home mortgages. Now, with foreclosure rates skyrocketing and the housing sector in the early stages of a pretty serious crisis, I am once again reminded of that idea.
Yves Smith, who writes the Naked Capitalism blog, makes [...]
The World’s Tallest Log Cabin
The World’s Tallest Log Cabin
Large Houses
By the second quarter of 1999, 17 percent of new homes constructed in America were larger than three thousand sqaure feet, the size at which a house generally becomes unmanageable by the people who live in it. By the fourth quarter of 2005, this had become almost 19 percent.
Why exactly have so many people crossed [...]
Live Longer By Living In Illogical Housing
Live Longer By Living In Illogical Housing
No McMansions Here!
No McMansions Here!
More Micro-House Fun
It seems that the m-ch is not the only option in chic small living spaces. The Glassic Soho, developed by San Francisco architect and furniture designer Christopher Deam, is another, larger, option for those looking to downsize without going down-market.
Fully Furnished for $59,000 (wheels included), it is not the cheapest trailer home on the market [...]
Things girls like to do
Things girls like to do
Zero Energy House
Ideal Homes, of Norman Oklahoma have built a model home that produces as much energy as it consumes in a year and combines “renewable energy technologies with advanced energy-efficient construction.”
Incorporating 5.3 kW photo cells, a ground source heat pump, fresh-air indoor HVAC system, low-e vinyl windows, and insulation systems in walls, ceilings and around foundations [...]
Rethinking Home Ownership
I wrote earlier about how I find mortgage debt to be a bad thing. Since then, I have been thinking about whether or not the whole concept of home ownership is equally as flawed as the idea of mortgaging a home. Even though I expect to make a decent profit on the sale of your [...]
These are the ramblings of 