Re: Affordable Housing vs Low Income Households | <– Date –> <– Thread –> |
From: Brian Bartholomew (bartholomew.brianyahoo.com) | |
Date: Mon, 30 Dec 2019 08:02:12 -0800 (PST) |
Kay Wilson <kwilsonfisk [at] comcast.net> writes: > The problem is, if existing neighbors are paying off mortgages of > $300k (plus-or-minus), the assessed value in that neighborhood could > go down below what some people owe, and then when they go to sell > their homes, the assessed value of the homes may be less than the > amount of their mortgages. Banning inexpensive houses so that house prices can only rachet up, has produced the result that house prices have only racheted up. And here we are. A house is a durable good which wears out, like an automobile; not an investment. There is no way to make most houses increase in value. Any appearance to that effect is an illusion created by warping the surrounding money flows. Alan O'Hashi <adoecos [at] yahoo.com> writes: > Seems to me, the tiny houses in villages or mobile homes in parks > aren't appropriate appraisal comparables. I doubt either would be > integrated with single family detached or attached dwellings. That integration was exactly what the Katrina victims tried to do, and were blocked by their neighbors. Maybe it typically isn't appropriate appraisal comparables because segregation of houses by cost is so common. Brian
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Affordable Housing vs Low Income Households Sharon Villines, December 28 2019
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Re: Affordable Housing vs Low Income Households Brian Bartholomew, December 30 2019
- Re: Affordable Housing vs Low Income Households Kay Wilson, December 30 2019
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Re: Affordable Housing vs Low Income Households Alan O'Hashi, December 30 2019
- Re: Affordable Housing vs Low Income Households Brian Bartholomew, December 30 2019
- Re: Affordable Housing vs Low Income Households Sharon Villines, December 30 2019
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Re: Affordable Housing vs Low Income Households rphilipdowds, December 30 2019
- Re: Affordable Housing vs Low Income Households Sharon Villines, December 30 2019
- Re: Affordable Housing vs Low Income Households Kathryn McCamant, December 30 2019
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Re: Affordable Housing vs Low Income Households Brian Bartholomew, December 30 2019
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