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Motronic posted:But as to the definition I suspect is being used: Yup. The area I live, maybe 30 years ago, was exactly the kind of place where you could buy an acre or two and plop a mobile home on it at a "reasonable" expense, with direct access to roads, utilities, and probably about an hour from PHX at the time. There are still quite a few homes around here that were clearly set up this way. 20 years ago it switched from mobile homes to stick-built as the far end of "drive 'til you qualify". Last month someone paid $4M cash for a giant-rear end mansion across the street.
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Feb 8, 2023 15:58
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Calling Minneapolis a remote wasteland is kinda melodramatic. How about International Falls? International is right there in the name.
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Feb 8, 2023 16:10
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I wonder if the housing market is going to slide down as all the Boomers die off. Is there enough pent-up demand to offset the loss of the generational bulge in homebuying?
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Feb 8, 2023 17:10
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Arsenic Lupin posted:I wonder if the housing market is going to slide down as all the Boomers die off. Is there enough pent-up demand to offset the loss of the generational bulge in homebuying? Random googling turns up an article from 2019 crowing about how that was the year that millennials outnumbered baby boomers. And that's just millenials. So no, not really. The boomers dying isn't going to do much, because the US is still growing. If we had a shrinking population it might do something, but we don't
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Feb 8, 2023 17:18
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Hadlock posted:Still looking for that right piece of property. It's somewhere between 1.7 and 3.5 acres, within 45 minutes of an international airport, at least 30% of it reasonably flat. Good land near major population centers is not cheap, especially without weird encumbered restrictions This is doable in the middle parts of the country. Kansas City International has tons of land around in a 45 minute drive. Oklahoma City, Austin, San Antonio, Charlotte. Are you going to find it where you probably want to live? Probably not.
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Feb 8, 2023 17:25
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When I’m chanterelle hunting on my country estate, I think myself fortunate that I prefer to live in places that others consider less desirable. I’d never be so gauche as to consider my tastes universal though.
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Feb 8, 2023 18:09
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Thom Yorke raps posted:100 year old houses rule, they've stood the test of time. Much prefer them over 10 year old houses that were built cheap and fast and won't last 30 years. Plaster can eat wifi singles (well the metal used). Insulation can be spotty. Old windows suck. Lead paint/abestos.
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Feb 8, 2023 18:29
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A Proper Uppercut posted:Conventional 30 year loan with no points? Yep.
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Feb 8, 2023 18:33
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The last page is like the recruitment post cards I get in the mail: International Airport! Top Ranked College Football Team 1 hour away! Voted Top 10 up-and-coming food city! Close to the coast!
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Feb 8, 2023 19:20
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Residency Evil posted:The last page is like the recruitment post cards I get in the mail: Lol, are you in my LinkedIn DMs???
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Feb 8, 2023 19:29
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Okay, so what's with the discrepancy between mortgage trackers and the rates I'm seeing? They say they're updated daily. I guess I just need to talk to my mortgage broker.
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Feb 8, 2023 21:20
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A Proper Uppercut posted:Okay, so what's with the discrepancy between mortgage trackers and the rates I'm seeing? They say they're updated daily. I guess I just need to talk to my mortgage broker. ¯\_(ツ)_/¯ . No idea from my end, just providing my own anecdotal experience.
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Feb 8, 2023 21:36
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Residency Evil posted:The last page is like the recruitment post cards I get in the mail: welcome 2 fayettenam
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Feb 9, 2023 03:16
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ouch
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Feb 9, 2023 03:32
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Arsenic Lupin posted:I wonder if the housing market is going to slide down as all the Boomers die off. Is there enough pent-up demand to offset the loss of the generational bulge in homebuying? The demand conditions we are currently living in are bad in a way that are kinda hard to fathom:
El Mero Mero fucked around with this message at 06:58 on Feb 9, 2023 |
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Feb 9, 2023 06:56
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Hadlock posted:Housing crash is just doom porn click bait to get clicks on youtube Requoting this effort post It's hard to understate how hosed our housing situation is, the post-08 dip really made things a lot worse Edit: re climate change, lol, Phoenix AZ recently refused to renew their water sales agreement to at least one "town" nearby in order to preserve water for their own citizen going forward, and then when they started having water delivered by truck from Phoenix, made it illegal to export their water outside of the city. That's not great for people living on the edge of cities without wells, and puts additional pressure on already oversubscribed desert aquifers Hadlock fucked around with this message at 07:59 on Feb 9, 2023 |
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Feb 9, 2023 07:56
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Hadlock posted:Housing crash is just doom porn click bait to get clicks on youtube I appreciate the effort post
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Feb 9, 2023 08:08
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Hadlock posted:Requoting this effort post Phoenix, AZ along with a lot of SoCal should not exist as a population center.
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Feb 9, 2023 08:17
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therobit posted:Phoenix, AZ along with a lot of SoCal should not exist as a population center. I absolutely agree. I grew up there, Phoenix is a stupid rear end place that should have maybe 100k people not millions and millions. But the real problem with water usage there comes from agriculture; overall total water usage per year in the state has actually been declining slowly since the 80s and a lot of that comes down to people moving onto land that was previously agricultural, which still dominates at around 70% of total consumption. The whole region should be designated as a nature reserve imo
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Feb 9, 2023 08:51
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QuarkJets posted:I absolutely agree. I grew up there, Phoenix is a stupid rear end place that should have maybe 100k people not millions and millions. But the real problem with water usage there comes from agriculture; overall total water usage per year in the state has actually been declining slowly since the 80s and a lot of that comes down to people moving onto land that was previously agricultural, which still dominates at around 70% of total consumption. Not just agriculture, obscenely water intensive agriculture. They're growing loving alfalfa in the goddamned Mojave. See also: almonds, avocados. If you want to have a farm in the desert there are ways to do it. If you want to be stupid and farm in the desert you can even grow, I dunno, corn etc. If you want to be a loving moron you grow motherfucking alfalfa I can't loving even. Note that alfalfa is loving hay.
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Feb 9, 2023 14:33
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Alfalfa is grown by saudi-owned companies in areas with no well restrictions and then shipped home. They are effectively exporting water.
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Feb 9, 2023 14:38
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Hadlock posted:Requoting this effort post “Cities” specifically set up as tax-dodge not-touching-you libertarian enclaves to avoid the actual cost of providing the services they need to live. I’m reminded of Omaha subdivisions that had their roads reduced to gravel because they weren’t in the city and wouldn’t pay to repave them. We’ve been talking in this thread for years about which LV suburbs don’t have enough water. I’m somewhat surprised Romney or the LDS hasn’t made a big play to prevent the Great Salt Lake collapse.
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Feb 9, 2023 14:43
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Funny you should mention that, I was just reading this report a couple weeks ago about that. We’ll see if they actually take action on it.
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Feb 9, 2023 15:02
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in a well actually posted:“Cities” specifically set up as tax-dodge not-touching-you libertarian enclaves to avoid the actual cost of providing the services they need to live. Yeah. It was Scottsdale that turned off the taps, not Phoenix, and the "development" in question is an unincorporated area made of chunks of land that were very carefully divided in a way to make sure that they were not actually legally required to validate any supply of water. They also weren't even physically hooked up to Scottsdale's water; they were literally just trucking it in, and Scottsdale stopped filling the trucks. But as stupid as all of metro Phoenix is (and I say this as a resident), the biggest water problem AZ has is this by far: Qwijib0 posted:Alfalfa is grown by saudi-owned companies in areas with no well restrictions and then shipped home. They are effectively exporting water.
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Feb 9, 2023 18:06
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Why alfalfa
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Feb 9, 2023 19:11
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Ornery and Hornery posted:Why alfalfa The tl;dr is that the Saudis got it into their heads that they wanted to have dairy cattle. Specifically some type of special snowflake Dutch cows. They've got a herd of something like 150k head outside Riyad. IIRC UAE also got in on it. Dairy cows are not native to the desert, so they need things like AC'd barns and to import food and water for them. The alfalfa is to feed the cows. (it's not just the US they're loving, IIRC they also did something similar in Ethiopia and are massively loving up the headwaters of the Nile)
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Feb 9, 2023 19:18
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Devil's advocate but much of the grain we grow is for export. A huge number of counties are dependent on imported wheat, the Ukraine invasion by the Russians hosed with the food security of a lot of countries as they're a major grain exporter. I won't argue that growing water heavy crops in the desert is a poor utilization of resources though
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Feb 9, 2023 20:28
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Yeah alfalfa is extremely water intensive, whereas wheat and rye etc. aren't totally desert-friendly crops but they're far better. This UC davis report says quote:About 1,000,000 acres of alfalfa are irrigated in California. This large acreage coupled with a long growing season make alfalfa the largest agricultural user of water, with annual water applications of 4,000,000 to 5,500,000 acre-feet. Although this publication by UC Cooperative Extension points out that part of the reason alfalfa acreage uses so much water is that it's grown year-round, vs. acres growing only seasonal crops: quote:Alfalfa does not really use more water than other crops. At full canopy (when the leaves cover the soil surface), alfalfa's water use is not much different than any other crop (think spinach, lettuce, tomato, wheat, almonds or corn) per unit time. The Evapotranspiration (ET) requirement (the amount of water a crop really needs to grow) is remarkably similar across crops at full canopy (see FAO tabulated values for the water requirements of crops). This latter sentence is really a yield-first prioritization, which is ignoring that alfalfa is cattle feed, not human food, so you have to divide the yield of alfalfa by how much it takes to produce a steak before you get to how much actual food value per acre is being produced. Additionally, it would be absurd to grow a million acres of spinach in severe drought conditions, for similar reasons. The absolute restriction on available water means that regardless of yield we must transition to crops that use less water. Wheat, on the other hand, is mostly grown for human consumption, and cereal crops are essential to the global food chain. Wheat is a "cool-season" crop so it's less typical to heavily irrigate midsummer when evaporation is worst. In many cases wheat is grown entirely without irrigation! Leperflesh fucked around with this message at 21:03 on Feb 9, 2023 |
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Feb 9, 2023 21:01
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But wheat is carbs 
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Feb 9, 2023 21:04
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Can someone explain APR vs Rate and if I should give a poo poo about APR. It seems insanely arbitrary. Also as I shop for mortgages, why are the closing costs so goddamn different? One bank gave me an itemized list and basically quoted me 8k closing costs, while another just gave us a loose estimate closer to 5k. What on earth
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Feb 9, 2023 21:40
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Bread Set Jettison posted:Can someone explain APR vs Rate and if I should give a poo poo about APR. It seems insanely arbitrary. Closing costs are an amazing ripoff. Some of them (transfer tax, the cost of appraisal, title insurance) are real things that have to be paid. Some of them are junk fees. And be warned that your estimate is not what you'll actually be met with when you close. This is because things like where the closing date is within a month affect how much mortgage you have to pay to cover that month.
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Feb 9, 2023 21:54
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Bread Set Jettison posted:Also as I shop for mortgages, why are the closing costs so goddamn different? One bank gave me an itemized list and basically quoted me 8k closing costs, while another just gave us a loose estimate closer to 5k. What on earth thread title.txt Did they give you the "official" loan estimate? That lines out exactly what you're paying for (or rather estimates thereof, but it's somewhat binding). Some are things you can shop for, some are not. If they didn't, which I suspect they didn't, look up example loan estimates on like CFPB. There's an explainer there. Loan origination costs are purely the bank's cost to you. That's the money you're paying them to generate the loan. This is the "gently caress you" money. Origination fee, application fee, points, etc. should be here. There's a pile of things that they do and charge you for, but they get to choose who does it so you don't get a say in the matter. This is stuff like appraisals, credit reports, etc. Then there's a pile of things they require, but you get to choose who does it. This is stuff like attorney fees, title insurance, etc. Then there's a bunch of stuff that they shouldn't be putting on a quote but they might, such as prepaids, escrow, etc. These are things that are going to happen no matter who you borrow from and aren't really "closing costs" per se, but they are required to be paid for at closing. Are you under contract yet? If so, now is the time to be talking to every loan company you can find and trying to find the best deal. If you're still shopping and just need a pre-approval or something, get that from anyone and move on. You'll never have accurate numbers until you're actually under contract. DaveSauce fucked around with this message at 22:02 on Feb 9, 2023 |
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Feb 9, 2023 21:58
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I am contingent rn and our inspection is tomorrow  Literally a 600k condo surrounded by 1.5 mil condos somehow???? Love massachusettsThe realtor (who is a good dude and extremely responsive) recommended the company we used for our pre-approval (less responsive) who have us a 6%ish rate and huge closing costs (actually closer to 9????) Also the APR thing is strange to me. The other quote I got was from local bank. Their rate is 5.7, and their closing costs are almost half, and our p&I is lower, but their APR is higher???? E: it’s almost certainly because this lower rate is because it’s a 10/6 mortgage Bread Set Jettison fucked around with this message at 22:21 on Feb 9, 2023 |
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Feb 9, 2023 22:15
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Bread Set Jettison posted:Literally a 600k condo surrounded by 1.5 mil condos somehow???? Love massachusetts Condo contract somehow contains an easement to grant stove and fridge access to all your neighbors. Alternatively: Title check comes back that you don't own the garage, parking space or driveway. Also, neighbor's plot somehow includes a single stair on your staircase, and they've added a tollbooth. 
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Feb 9, 2023 22:26
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Sundae posted:
or the condo!
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Feb 9, 2023 22:28
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We do share part of the driveway, but have a single garage spot for us and a shared one with the downstairs neighbor. Also the house was built in 1901s and is priced to sell because the owners were landlords (lol) who moved and can’t rent it for whatever reason. It’s a crazy deal, and there’s a real chance we walk away if the somewhat old roof needs a lot of repairs and anything else pops up. Bread Set Jettison fucked around with this message at 22:32 on Feb 9, 2023 |
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Feb 9, 2023 22:29
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do we have a thread that deals specifically about the issues of rental agreements/leases?
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Feb 10, 2023 04:10
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Sundae posted:Condo contract somehow contains an easement to grant stove and fridge access to all your neighbors. 
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Feb 10, 2023 04:14
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Mr Interweb posted:do we have a thread that deals specifically about the issues of rental agreements/leases? maybe try the legal questions thread?
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Feb 10, 2023 05:19
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Got the survey back and everything looks kosher Except the fact that a small section of soon-to-be-my fence is biting off about 8" more than it should be of the neighbor's lot  Whatever that little spot it half buried in a hedge anyway nobody will know but the cardinals.
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Feb 10, 2023 05:25
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