Re: House market is crazy
[Re: AK Timber Tramp]
#8271425
11/25/24 11:44 PM
11/25/24 11:44 PM
|
Joined: Dec 2011
MT
snowy
trapper
|
trapper
Joined: Dec 2011
MT
|
I love my worthless, remote, inaccessible real estate. Limits the neighborly interactions, and drastically reduces the chances of my view or surroundings ever changing. One cabin I have is accessible by boat or float plane only, followed by a 5ish mile ATV ride (or in a 4x4 pickup, whichever you barge out there to rust away), my other cabin is (somewhat) 4x4 accessible in the summer, snow machine or maybe helicopter (yeah right) in the winter Nice!! I can't see any life/homes from my place either. One cabin is on foot only or by horse. The other I can drive too till it gets snowed in till spring. Walking isn't crowded so and isolation from everything is the only way for me. The cell doesn't work unless I crawl up to the highest points. Sounds like you have a great place and is priceless.
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
|
|
|
Re: House market is crazy
[Re: Buzzard]
#8271550
11/26/24 08:08 AM
11/26/24 08:08 AM
|
Joined: Dec 2006
Alabama (Bama for short) 108 y...
Jtrapper
trapper
|
trapper
Joined: Dec 2006
Alabama (Bama for short) 108 y...
|
Been insane here for several years, put a house on the market for 250k and people offer you 270k! I don't know how many ive seen sell for 20 grand more than the owner's were asking. Plus new developments going up everywhere fast as they can go, cookie cutter house's 10 ft. from one another, most already sold by the time they have them framed in!
Truck price's have been silly for awhile.
Not my circus, not my clowns.
|
|
|
Re: House market is crazy
[Re: Providence Farm]
#8271580
11/26/24 08:36 AM
11/26/24 08:36 AM
|
Joined: Jan 2007
Northern Minnesota
BernieB.
trapper
|
trapper
Joined: Jan 2007
Northern Minnesota
|
I was in Walmart today and I was just noticing how many people between 65-75 who are working there. I don't think they are doing it because they are retired and bored. It occurred to me that a lot of them probably paid off their house and acreage or lakeshore property years ago, but their property taxes are outrageous. Some people bought lakeshore homes or acreages in the 70s and 80s and now their property taxes are twice as much as their mortgage was when they bought these places.
Seriously, On a small home with 150 feet of lakeshore on some of these more desirable lakes, the property tax payments are $1000-$2000 a month and these are people who just worked a job their whole lives so most of them don't have much more than social security for income.
I'm basically in the same boat, my property taxes have more than tripled in the past 10 years. my taxes have doubled in the last 8 years and I feel for those you described. Yet they chose not to save and invest and spend their money when younger on other things. Simply investing when they were young tell retirement would have made them a millionaire but few do so then cry when they are old. sadly they were fine and living well before the crazy inflation gives them no choice but to go back to work. There is absolutely no reason most Americans can't retiree with a million dollar investment account other than 1 they didn't get the financial education 2. they chose to spend instead of save and invest worse pay interest using credit to spend even more. So they are broke and working due in large part to their own choices in life. That may have been your life but you can't make that judgement on other people. A lot of things can happen to change plans and alter the course of your life. That's a very shallow view based on your very narrow experience. Just for two examples, 2008 changed the course of a lot of people's financial trajectory. COVID put a lot of small businesses out of business. Everyone has a story and not very many of them match the scenario you put forth.
|
|
|
Re: House market is crazy
[Re: Buzzard]
#8271584
11/26/24 08:43 AM
11/26/24 08:43 AM
|
Joined: Dec 2006
Very SE Nebraska
Gary Benson
trapper
|
trapper
Joined: Dec 2006
Very SE Nebraska
|
Very shallow. There aren't enough union jobs for everyone to have one. Union jobs are in the cities. Rural areas don't have union jobs but there are workers needed in every non-union workplace. And no matter how much a working person saves it won't be enough when it's time to retire. It's easy to look down on ppl and say "they should have"... Government dependents are treated better than retired elderly who worked all their life.
Last edited by Gary Benson; 11/26/24 08:45 AM.
Life ain't supposed to be easy.
|
|
|
Re: House market is crazy
[Re: Buzzard]
#8271626
11/26/24 09:41 AM
11/26/24 09:41 AM
|
Joined: Dec 2011
MT
snowy
trapper
|
trapper
Joined: Dec 2011
MT
|
Ranches sell for millions here all the time. The smaller the acres the more the money. 8 figures are nothing for places less than 200 acres. https://www.clearwaterproperties.com/ >>>> this real estate outfit has >15,000 listings.
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
|
|
|
Re: House market is crazy
[Re: Providence Farm]
#8271799
11/26/24 01:02 PM
11/26/24 01:02 PM
|
Joined: Feb 2015
Iowa
trapdog1
trapper
|
trapper
Joined: Feb 2015
Iowa
|
I was in Walmart today and I was just noticing how many people between 65-75 who are working there. I don't think they are doing it because they are retired and bored. It occurred to me that a lot of them probably paid off their house and acreage or lakeshore property years ago, but their property taxes are outrageous. Some people bought lakeshore homes or acreages in the 70s and 80s and now their property taxes are twice as much as their mortgage was when they bought these places.
Seriously, On a small home with 150 feet of lakeshore on some of these more desirable lakes, the property tax payments are $1000-$2000 a month and these are people who just worked a job their whole lives so most of them don't have much more than social security for income.
I'm basically in the same boat, my property taxes have more than tripled in the past 10 years. my taxes have doubled in the last 8 years and I feel for those you described. Yet they chose not to save and invest and spend their money when younger on other things. Simply investing when they were young tell retirement would have made them a millionaire but few do so then cry when they are old. sadly they were fine and living well before the crazy inflation gives them no choice but to go back to work. There is absolutely no reason most Americans can't retiree with a million dollar investment account other than 1 they didn't get the financial education 2. they chose to spend instead of save and invest worse pay interest using credit to spend even more. So they are broke and working due in large part to their own choices in life. You must have a crystal ball and know that nothing unforseen is going to happen when you've been retired for 10 or 20 years.
|
|
|
Re: House market is crazy
[Re: Gary Benson]
#8271908
11/26/24 03:09 PM
11/26/24 03:09 PM
|
Joined: Feb 2020
Indiana
Providence Farm
trapper
|
trapper
Joined: Feb 2020
Indiana
|
Very shallow. There aren't enough union jobs for everyone to have one. Union jobs are in the cities. Rural areas don't have union jobs but there are workers needed in every non-union workplace. And no matter how much a working person saves it won't be enough when it's time to retire. It's easy to look down on ppl and say "they should have"... Government dependents are treated better than retired elderly who worked all their life. I guess you never have seen how little you need to put back each week and Invest it to end up with a million dollars in retirement. Yes it's age dependent on how early you start but very easy for everyone to do. But few are willing to do it. they younger you start the small amount it takes each week. Funny you think it a larger income that's required. Yes that helps but it much more a mind set and life style choice that will get you there. If it was income than more doctors would retire millionaires with their larger income than school teachers. Yet more school teachers retire millionaires than doctors with their much lower income.
|
|
|
Re: House market is crazy
[Re: Rat Masterson]
#8271909
11/26/24 03:10 PM
11/26/24 03:10 PM
|
Joined: Feb 2020
Indiana
Providence Farm
trapper
|
trapper
Joined: Feb 2020
Indiana
|
A million dollars don't buy what it used to, not even close. Nope but it's much nicer to have than 100k now isn't it.
|
|
|
Re: House market is crazy
[Re: Providence Farm]
#8271970
11/26/24 04:51 PM
11/26/24 04:51 PM
|
Joined: Jan 2007
Northern Minnesota
BernieB.
trapper
|
trapper
Joined: Jan 2007
Northern Minnesota
|
Very shallow. There aren't enough union jobs for everyone to have one. Union jobs are in the cities. Rural areas don't have union jobs but there are workers needed in every non-union workplace. And no matter how much a working person saves it won't be enough when it's time to retire. It's easy to look down on ppl and say "they should have"... Government dependents are treated better than retired elderly who worked all their life. I guess you never have seen how little you need to put back each week and Invest it to end up with a million dollars in retirement. Yes it's age dependent on how early you start but very easy for everyone to do. But few are willing to do it. they younger you start the small amount it takes each week. Funny you think it a larger income that's required. Yes that helps but it much more a mind set and life style choice that will get you there. If it was income than more doctors would retire millionaires with their larger income than school teachers. Yet more school teachers retire millionaires than doctors with their much lower income. You should read the book, "The Millionaire Next Door." You obviously do not understand the economics of people who bought small farms/acreages/lakeshore homes for less than $100,000 when they were young, and they worked hard making a decent living but now they are cash poor and land rich. It's not that they didn't save, it's that their savings is being eaten up by huge property tax bills and extreme inflation/cost of living. Your attitude is why so many people hate the entitled union members who make way more money than the average person but think they are entitled to tell everyone else how to spend their money. Not everyone makes union wages, some people spend their lives just getting by and having a high quality of life as they go along rather than working overtime to hoard a lot of money that they might just die with. Shallow thinking indeed.
|
|
|
Re: House market is crazy
[Re: Buzzard]
#8272168
11/26/24 08:24 PM
11/26/24 08:24 PM
|
Joined: Dec 2011
MT
snowy
trapper
|
trapper
Joined: Dec 2011
MT
|
This is kind of oof topic but does have a lot to do with how our lives turn out. There really isn't anything that anyone can't go get or do in life if they put their mind to it. I mean nothing but it takes sacrifice, hard work, mindset, have to move leave the area you are from etc., determination, persistent and you will get where you want too in life.
To many people settle for the easy way and are just content with where their life and work and never go the extra mile and climb every hill to get to what they want. They just come content and have no goal, plan to go get it whatever it costs to do so.
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
|
|
|
|
|