YupThey want us at each others throats and demanding the government "DO SOMETHING"...and the government doing something is what landed us where we are.
YupThey want us at each others throats and demanding the government "DO SOMETHING"...and the government doing something is what landed us where we are.
Since land costs the same no matter if you build a small house or large house, I think we have seen the end of the traditional starter home. Every new house I see going up is 2+ bedroom and 2 bath. The one bedroom, one bathroom, with a full kitchen, living room, and garage is a thing of the past.I wonder if new houses will be smaller again. During the boom in the late 90s and early 2000s, houses were getting bigger and bigger.
The smaller house, under 2k sqft, is much more affordable than the 3000+ sqft homes that were being built 20 years ago.Since land costs the same no matter if you build a small house or large house, I think we have seen the end of the traditional starter home. Every new house I see going up is 2+ bedroom and 2 bath. The one bedroom, one bathroom, with a full kitchen, living room, and garage is a thing of the past.
But 2k is a huge house and definitely not a starter home. Starter homes are like 1000-1300 sqft. And it is the Starter home that is desperately needed the most.The smaller house, under 2k sqft, is much more affordable than the 3000+ sqft homes that were being built 20 years ago.
If people want to buy them, someone will build them.But 2k is a huge house and definitely not a starter home. Starter homes are like 1000-1300 sqft. And it is the Starter home that is desperately needed the most.
People want to buy them desperately. No contractors are buying property to build smaller homes on, when they could build larger homes on the same property.If people want to buy them, someone will build them.
Good luck with that... Just got the property tax bill. Our taxes have gone up 4 times what they were 12 years ago. They said Indiana has a 1% cap on our property tax, now I am looking over the tax bill and it is 1-1/2 % of the property value. The percentage has not gone up much. But they play the game and say the property value is much higher.Since land costs the same no matter if you build a small house or large house, I think we have seen the end of the traditional starter home. Every new house I see going up is 2+ bedroom and 2 bath. The one bedroom, one bathroom, with a full kitchen, living room, and garage is a thing of the past.
I am thinking of building a nice big place underground.People want to buy them desperately. No contractors are buying property to build smaller homes on, when they could build larger homes on the same property.
People want to buy them desperately. No contractors are buying property to build smaller homes on, when they could build larger homes on the same property.
I bought two cans of Roast Beef Hash today. $3.60 a can. That's twice what it was, under President Trump.You can probably double that to account for how aggressively Biden is cooking the official figures.
They're still trying to tell us groceries are only up 3%.
Are you Rip Van Winkle? Did you just wake up? The new construction starter house has been mostly 3 bed 2 bath for decades in Indiana. There are not many 1 bed houses from even the depression era.Since land costs the same no matter if you build a small house or large house, I think we have seen the end of the traditional starter home. Every new house I see going up is 2+ bedroom and 2 bath. The one bedroom, one bathroom, with a full kitchen, living room, and garage is a thing of the past.
This.Smallest home in my development was 1600sqft and that’s not even counting the attached garage!
Fishers aims to downsize new homes to meet changing demand
Fishers is trying to get ahead of a new wave of homebuyers who are seeking cheaper and smaller houses that require less hands-on maintenance.www.indystar.com
This article was written in 2019 and is still talking about affordability and how construction codes essentially eliminated 1,000sqft “starter homes”. Basically your local .gov legislated them away to attract higher earners in an attempt to make their county nicer.
This.
And what incentive does a builder have to build smaller homes when the big ones sell so quick?