Many of these lawmakers also invest in real estate - the shortage and rapid price escalation is helping to make them wealthy. Why would they want to stop that?
The fact that there is already an excessive amount of demand awaiting its absorption, despite how everyone is frightened and calling the crash, is another reason why it is less likely to occur that way. 2008 saw no one, at least not the broad public, making this forecast, as I'll explain below. The ownership rate was noted to have peaked in 2004 in the other comment. Having previously peaked in the second quarter of 2020, we are currently at the median level. Between 2008 and 2012, it dropped by 3%, and by the second quarter of 2020, it had dropped from 68 to 65.
Investing in both real estate and stocks can be prudent choices, particularly when backed by a robust trading strategy that can navigate you through prosperous periods.
Takes a YEAR to just get a permit? San Diego needs to hire more employee's. This proves SAN DIEGO is dragging ass and doesn't have the best interest of the people.
The city is working hard on this. They will be adding extra people to create more hoops to jump through. I'm surprised that this guy interviewed is so positive. I'd be giving up dealing with the city and their endless regs.
@@61Slughi he does it for a living and this isn’t the only city he deals with. I’m sure one city wouldn’t be enough to deter him from making a living. Especially if he enjoys it so much
You can have 100 people to change the lightbulb but it doesn't mean the lightbulb will ever get fixed if someone keeps on getting money to fix it (meaning ask for bond money every election cycle lmao)
The only UNFORTUNATE FORSEEABLE ISSUE is that tiny homes regulations is going to make it just as expensive as building a traditional home. The government trying to exploit a new division of the Real Estate industry.
I think he said it cost up to 60,000 for the home. Hell I would just buy an RV and plant it on some property. Plus you can always go camping when you want.
Stop saying government, you mean the state of California. It is the worst state in regards to regulation. Bill Maher famously complains it took a little over 3 years to get solar panels hooked up.
These are not being bought so that low income people have affordable housing. Nope. These are being put in backyards as Air B & B rentals. Sure, it only costs $60,000. But first you have to have property to place these houses. These houses are NOT competing with mobile homes, or travel trailers for low income buyers-- they are competing with hotels, resorts, and other types of vacation housing.
Came here to say exactly this. The people who are actually buying these tiny homes have a job where they can work from home or have the flexibility to do so and so they themselves are living in spaces that can accommodate a wfh lifestyle aka a lot of space. At least that’s how I see it in philly and New York.
beautifully and well said. I am a potential 1st time buyer and cannot afford ANYTHING in SD. I thought this could be an option, but I need land 1st. Definitely not 1st time buyer friendly.
@@ro.3645 I bought land by the border for 5k. I work in downtown, lived in the car until the tiny house got approved. Easily doable some people just don't or can't sacrifice
God...everything has a catch. I had a dream to live tiny but it seems impossible with all the rules and expenses they have now. $60,000 (I'm sure that's the base price) for 500 sq ft?? Then having to pay for land, infrastructure etc.? By the time you're done you will have paid for what a regular house would've cost. This is just infruriating.
You sound confused. The "under 500 sq. ft." and "$60K" is regarding an ADU (a small home built *on a foundation on the property of an existing house* - - NOT on raw land you just bought). ADU stands for: accessory dwelling unit. It costs x amount to dig trenches, etc., and hook it up to the city's sewer line and get electrical lines to it. Possibly a gas line, too.
@@wownewstome6123 Ok know it all. Does that make tiny homes any less expensive and more affordable for the masses? That is my concern. Don't care about technicalities.
@@decemberdarling6058 Yeah, sorry if I didn't word it right. I was mainly pointing out that they aren't approving tiny houses as stand alone homes. Not a good rumor to start, right?
@@decemberdarling6058 About the 60K that the reporter stated, they didn't even say what that covers. For instance, does it cover just materials and labor, or permits and various expenses, too?
Make a illegal under ground bunker studio , spend $25k rent it out to someone $1k a month pays for itself in 2 years all profit for next 50 years fuck the city
Repent to Jesus Christ “The next day John saw Jesus coming toward him and said, “Look, the Lamb of God, who takes away the sin of the world!” John 1:29 NIV h
Like I kinda agree... But firing is to soon... They need to be docked pay first and if they continue to do their job in this way be fired. 3 strikes baring exceptions of course.
Greedy Megalomaniacs Who Want To Rule The World: "You will own nothing and be happy,plus you'll get a microchip implant." Stupid Lefties: "Wow that sounds awesome! I'm gonna vote for them."
@@FG-bn3qq yes and have no life outside of work. Just become a corporate drone. Don’t even think about starting a family, let alone visiting friends or family. Just slave your life away to job that doesn’t give a damn about you. Makes total sense.
Fg I work 60 ... but I do not or should not have too... 40 hrs a week should be enough to live off of .. maybe not to go out and spend on things that are not really needed but it should be enough to survive at the very least..... this small home bs is a joke lol
***BOOM*** Shakalaka 💣 Or You NAILED IT 🔨🔨🔨 Very sad truth though. Happened to my mate & I several years back here in FL. Could very well happen again & WE DONT WANNA
@@jjbarajas5341 that's simply and obviously false. Birth rates are low. Our planet has more than enough resources to support a greater population. You are confusing sustainable living with population density. We can build out. For example. FACT: 95% of CA land isn't used for anything. We've only developed on 5% of it. We can't house the entire planet in a small space, true. But we can build outward
I love that capitalism has literally convinced people to live in a fucking shed in the richest country on earth. Love this for our future generations. I wonder how much further we can lower the bar moving forward.
Facts. The government is telling us we should be happy living like peasants and serfs. And paying $100,000 and up to live one step above a homeless person.
Modern tiny homes are good quality and a lot cheaper than normal homes but there are a few big problems 1) You need to own the land under the tiny home. If you don't own the land, the landowner will charge you an exorbitant rent because they can. If you look at tiny home listings you will see in most cases you are buying the tiny house but the owner/bank retains the land 2) Banks won't finance land development, utility hookup, building the tiny home or shipping a tiny house which forces you to pay mostly in cash. Most people don't have this much cash so most tiny homes are bought by wealthy investors. 3) Tiny homes lose value over time, you will sell it for less than you paid. This doesn't make a lot of sense considering modern well built tiny homes don't degrade any faster than a traditional house. The really sad part is a tiny house would meet alot of peoples needs and they can be made very cheaply but our corrupt government would rather you buy more traditional house than you can afford and live the poverty lifestyle. Our government could do a lot more to help people get into tiny houses but rel estate profits matter more than people's well being. And we wonder why the homeless problem keeps getting worse.
Or the problem also is that people in California are idiots. Maybe they should leave if they can't afford it instead of asking for the government to give them handouts.
Repent to Jesus Christ “The next day John saw Jesus coming toward him and said, “Look, the Lamb of God, who takes away the sin of the world!” John 1:29 NIV h
Governments need to have their hands forced to make change. Instead of all these freedom protest, blacklivesmaffermfesfs,Mae need to protest affordable housing,
@clot shots Property taxes have not gone up nearly as much as rents/mortgage payments in recent years so I wouldn't complain too much about paying property taxes. Also if the property tax goes up then you can probably sell the place for a nice profit. The person who only has to pay property tax is a lot better off then the person who has to pay rent so buying a house is still very worth it if you can find a mortgage that is no more than 30% of you're gross pay.
Well you see, affordable housing is attainable.. but people always scream bloody murder-, er, I mean, gEnTrifiCATion when cities actually try to build affordable housing
Funny how those who live in mobile homes are considered poor.. yet somehow it's hip and cool to live in a tiny home which are half the size of the smallest mobile homes. I was watching one of those HGTV shows about tiny homes and they considered homes under 600 square feet tiny homes. So I guess when I was growing up in a 580 square foot mobile home we were hip and cool before it became hip and cool to live in a home that small.
No one with half a brain would care what others think. This should be a fix for the homeless like 3d printed houses in Japan they build one every 3 hours in Japan for their homeless and it dropped over 60% within the first 2 years
Well mobile homes are cheaply made and depreciate some every year and are more likely to fall apart. A tiny home is a well-built place to live, just small, and can increase in price over time depending on the housing market.
If you can get a small lot, have a tiny home, sewer, water, electricity put in for $100K total and down the road maybe add on a room, depending on the area, that would not be a bad investment. Once it's paid for imagine living for decades only paying insurance and taxes. I own my house, my insurance and tax is $107. a month. I'm glad I worked and paid the house off early, now every penny that I would have paid in rent/mortgage goes into my savings. Buying bites at first, but as your payments stay the same and the rest of the world gets more expensive you see the value of owning in 5-6 years.
The least that can be done is remove the ridiculous permit process. Just provide the home property owner a set of rules to follow. Inspect for $75. Done.
So we are now living in a cubicle called " tiny house" or we live in vans, rv's , and cars. Why not raises the wages so people can compete and even the game.
cuz that makes sense and would mean the rich dont get richer.... the ppl on top dont want the poor to make money, they want us to stay down so they can take everything we work towards
Why not learn a skill, trade or get an education where you can earn more to become more? I bought my house and some rental properties as a hairdresser...but...I worked 60 hours a week for 20 years. Glad I did it, now I can coast the rest of my life.
Everyone loves that “tiny” homes are cute - but in no way are they the answer everyone is looking for. I personally like the smaller sub 900 sq ft two bedroom houses that were popular starter homes at the end of WWII. For a lot of reasons these tiny homes will remain a fringe element of housing stock. By the time a person buys a vacant city lot and goes through the development process, power, sewer, foundation, etc. - they would have been better served buying an older house.
I agree with you except there is literally a shortage of housing throughout California. Even in rural areas in Northern California where I grew up, there's more demand than supply.
@@Yeen666 Yes, those older smaller "starter" homes offer practical easy living - which would be especially good for college students who do not have a lot of furniture or the desire and time it takes to clean a larger house. They are also good for young seniors like me for similar reasons - plus the lack of a second story is a bonus with staircases being a hazard.
@@ramrunsfast The crazy thing in California are the number of perfectly good, but vacant homes all over the place. There are investors in high demand areas who simply buy a good house and sit on it short term before reselling. Also, in and near college towns many wealthy parents buy a house near to their college that their kid(s) live in during the school year, and they sit empty during the summer while the kids go home or travel. California, despite obvious housing needs, is notoriously anti-construction. California makes apartment and multi family construction especially difficult to get approved. If California simply made it illegal for investor/buyers to leave property vacant it would open up a lot of housing - an "unoccupied tax" on the owner.
@@Thomas63r2 the one I lived in had a pretty good community since we were all ASU students. It had private back patio areas with walls but then it would connect with a large green belt that was shared with the other houses. It also had families and some of the professors lived in the community too
Amazing all the rules you have to meet to get a tiny house. However if your homeless it doesn’t matter where you post up. Next to a fence, on a sidewalk, in a parking lot, in the park. You get the idea. It doesn’t matter. But to actually live proper they make so difficult. Wtf?
Well if you're homeless eventually they will move you from where you are and throw your stuff out... This is the least if republicans and those on the right had their way you would be jailed for being homeless or killed.
The real problem housing is so expensive is because of where the house is. In theory, this 'tiny house' is no better than a traditional home.. someone above you making a profit off of you.. originally tiny homes became a thing because people were fed up with paying expensive mortgages and wanted something simple that they can easily afford..
I think the universities need to close now, specially those promoting economic and business theories on profits. Focus on profits has killed the spirit of common people.
Anyone notice he never said how much it actually cost to build and grease the local politicians hands to aquire the tiny bathroom? much less the headache you go through just to live in that state.
The issue as he stated is the distance around the structure. The doesn’t work for a majority of homes in every city across California. I looked into one for my side yard which has RV wide access . I still didn’t have enough room unless I made very narrow .
I completely agree with the rationalization of having enough footage for structural concerns, I was simply stating that it's going to add on "New Fee's" that would have generally not been considered before the recent interest in tiny homes.
Sometimes folks just have to face the thought of moving to another area where homes are more reasonable. Hint: Try OLD Bullhead City, Arizona. Seriously, you have the Colorado River a mere walking distance away, with nine gambling casinos on the river bank across the river in Laughlin, Nevada. And we’re only 90 miles south of Vegas. Water taxi’s move people from one casino to the other, for those who don’t drive. There’s plenty of water sports (fishing, jet skies, etc.) and the best Springtime in the nation. But most important, PRICES ARE STILL REASONABLE.
Summers must be brutal though!! I have no interest in boiling my brains in 120+°F temps, no thank you. Unless they allow swimming in your said river lol
To address homelessness there have to be non-profits or public programs to build tiny house villages. It's something that Habitat for Humanity could do in a short time.
This isn't a solution unless there are options for people to put these on tiny plots of land. Which the government doesn't want, it seems. If these are allowed just in lots (temporary) or people's backyards or in the middle of nowhere (no jobs, no access to community services, healthcare, schools...), then too many poor people still can't own homes. And how much will this all cost? Can people get a mortgage to build one (I've read this isn't easy--you need to qualify for special loans...) Not a solution for affordable housing.
Make a illegal under ground bunker studio , spend $25k rent it out to someone $1k a month pays for itself in 2 years all profit for next 50 years fuck the city
When I first moved to Arizona. I moved from Monterey, California, I lived in a camping trailer at an RV park. First time I’ve ever done it. I bought the camping trailer for $3,500 cash. And I paid under $550 per month which included everything for me to hook my trailer up. Water, sewer, garbage, electric. All included. It was a gated RV park too which had a swimming pool, laundry room etc… I did that for 6 months. It was small and tight living. But money was no longer of concern. I went on lots of hikes. Made lots of new friends and it allowed me to build up my credit and save money to buy my new house I’m in now. I love Arizona. Just don’t move here and vote for the same shit you ran away from if you decide to come here. If you plan to vote the same way just stay where you are, on your sinking ship. Don’t step onto mine.
Would not be surprised if people were required to have permits to put in a high tech port o potty, that's how insane this sounds. If people need housing so much, the permits should be an afterthought. Our society is being permitted to death.
One year to get the basic permit. This is what happens when you kill govt findings. We need more govt employees and more wealth equality. Americans live in a billionaires dream land. A large number of them support policies which don't help the masses but the rich
Bye, turn the lights off when you leave. Sorry another state is about to get a loser like you. This program in Ca is far more progressive than it is here in Az.
Rent for awhile while investing in yourself to learn a skill that will bring you more income, saving and planning to buy a small lot of zoned residential land that will support a structure. put in sewer, water and electricity and then place the tiny home as you can afford. Plan it out and create it over time as you can afford.
then those 'poor people' should invest in themselves, learn a better skill or trade or education to improve their income. Hunger is a good motivator, it encouraged me to go to school. I became a hairdresser and soon tripled my minimum wage job.
Good luck trying to create or expand a family in that. The new American dream. This is a perfect example of the dollar purchasing power going down. Less square feet for more money. What a joke.
I downsized from a large home with an unground pool.. To a 500 sq.ft. park model home in a 55 Park 💞 There are rules, which are good. Wonderful people, lots of events and ammenties...I love it and a lot less worries and upkeep...So to each their own desires.. I am in Prescott Az... 👌❤️🌞
Big outside spaces make a tiny home feel much bigger. Decks, screened in porches, air conditioned glassed in rooms, fire pit, outdoor kitchens, outdoor showers/tubs, all make use of the outdoors. They give you a big space to go to and entertain in. Also tall ceilings, and plenty of big windows make a tiny home feel much bigger. I should know i built my 16'x24', 384 square foot tiny home 12yrs ago and every year I take my tax return and savings account and do one house project. First a lean to screened in porch the same size, then lean to carport the same size, then shed, then courtyard fence, then framed up 1/4 of my screened in porch, 12'x8' for a bedroom, then converted my old bedroom into a laundry/pantry/linen/utility/storage room, then a 16'x33' fire pit awning. This year I am currently working on a 12'x16' screened in porch addition to double my porch. I will put a outdoor shower and heated, jetted, free standing tub on my porch. This will allow me to take out my old tub/shower inside and put in a custom shower. Then next year is a 20'x20' outdoor kitchen overlooking a bar and my fire pit. Then after that a 15'x15' mediation/herb garden with raised planter boxes, a water feature, some chairs and hammocks. All this started in 2012 with $25K for the original house and every year tax return and savings for one project so in 15yrs I will have my house all done and never had a mortgage.
Why does it have to be on wheels? Why cant you put them on a concrete pad. They could easily be attached and just as strong as conventional but still easily moved.
The big catch: Either you already have to own a home or know someone willing to let you park your tiny home on their land near theirs (rent). Yep, no way to escape the evils of the California real estate cartel.
While many new single family houses in Tokyo are bigger that can be bought for $300k in the outer wards and with enough parking space for one car. It's the matter of zoning and size of a housing tract.
They aren't that affordable. First, you have to buy land. Next, the house itself is fairly expensive based on square footage. The one they featured in the article is under 300 square feet and costs $60K (without land). I'm not sure how much building lots go for in Florida, but a quick glance at the Orlando area on Zillow has land at $45-150k. That means that once your house is placed and ready for move-in, the mortgage payment alone is around $900 a month. I'm willing to bet you can find something bigger at that price point in Florida. I mean, if you want to pay $900 a month for an oversized garden shed, then this product may just be the home for you! I live in Portland, OR, and these tiny homes are EVERYWHERE. No, they aren't cheaper than a traditional apartment here. They sell for around $300k and that doesn't include lot rent. Lot rent is around $300-1,100 a month depending on neighborhood. All these stupid tiny houses have done is increased the stock of Air B & B properties in the area. No one actually "lives" full time in these homes as a cost saving tactic.
Tiny Home = Should be built by the city to be given free to homeless and under $6,000 fully functional for poverty stricken Americans making $20/Hour and under.
About 50% of my check goes for taxes local city state federal and I have to pay for my insurance and put money in a retirement plan and now you want me to buy housing for people that don't work? GTFO
If I were younger I'd buy a lot of land and develop it for tiny home owners. Stipulation would be it would only be owner occupied, no renters. Everyone buys their lot completed with sewer, water and electricity. You could still make a good profit just providing the basics and selling the lots affordably to want to be home owners. Maybe accommodate 400 ft park models, too. I think it would be a great investment, make some money and allow people an affordable ownership option.
@@nak8327 Nope, renters start major problems. It should only be owner occupied, otherwise you are brining in a whole pile of complaints and problems having investors buying up affordable housing.
I'm thinking the tiny home is 'for the time being.' Not a forever home to raise a family in. A stepping stone while you invest in yourself in learning a skill, trade or eduction so you can earn more income to become more. Your best asset is the income you bring in. If it's not enough then improve your skills so you can earn more to later have and support a family comfortably .
With remote work available at many major companies people are telling other people to “just move”. The reality is that promotions are given more often to those who work in office and build relationships. This is why Silicon Valley is not depopulating at a significant rate.
We are a 40s couple with one cat on SSI, living in FL & interested in buying or renting a tiny home. However FL seems to be allergic to this type of housing, unless its for rich retirees or vacation rental homes. Why is FL so opposed to residents living in tiny homes??
@@TheJiggs666 some are built well to protect from storm damages. There's a place in Tavares, FL who builds tiny that has quite high specs, though initial build cost has been low. Their entry model runs about $40k! Larger models go up to $75k.
@@TheJiggs666 I just wanna know where legal land is, to put them. Like a cluster or so of these (similar to trailer or RV parks, just not as tacky) where they are not restricted to only rich retirees 55+, or only vacation rentals/AirBNB etc. Where folks of ANY age or background can live cheap year-round!
A major upside to this is if family members are priced out of a full sized home (by job loss, or the economy as a whole) and moving back home with relatives who have a large enough property is an option, this keeps their independence (separate building) and is not a permanent structure and can be sold and moved if/when the occupant gets back on their path. I also know several people for whom this is the choice they prefer just for the small footprint (physically and environmentally and financially). No different than wanting to live on a boat.
It's a shame that they have to be on wheels to qualify. Those tires will develop hard spots over time unless they're moved, and they'll become brittle with age. The entire trailer it sits on will develop rust issues.
We are rapidly losing everything. Can’t afford a home without 2 six-figure incomes. Bike lanes replace public parking so nobody will be able to drive after a while
Our highway system and over reliance on cars IS A PROBLEM. For long trips it makes sense but you should be able to access to food and other venues pretty easily from where you live.
Just buy a trailer and park it anywhere. Problem solved. More landlords could simply invest in upgrading their power/ water and charge people to park their trailers on their property without permits.
There are a few mobile home parks in Az where you can buy the lot you park on. An acquaintance bought her lot for $45k 5 years ago, with sewer, water and electric hook ups in place. She owned a single wide, had it moved there (that cost a lot) and will live there for the rest of her life for about a total of $54K. Her insurance, taxes and small HOA fee for road maintenance runs $57. a month.
Every other house in my neighborhood has a camper plugged into the main home. I know ppl are living in them because I see the power cords and the popouts.
Not just SD, but anywhere, if these were freely build, regular homes will lose jillion of dollars, home industry won't let that happen. Most ppl won't mind minimalist and just a place to crash.
This idea is great if u are a kind of person who does not like to show off but not just that want to stay off the grid but really dont want to be a lot in the world.I feel its not about owning the biggest or the best its about being happy for what little you have.And something like this just shows u its the little things that always will matter.too many people on the earth are chancing the same thing's why not be different .
Here's a solution ..find an elderly person in California who may be struggling and ask to put one on their land N pay them and help them out..cut grass or just do things not saying renovate their home lol but help the elderly and in return they help you and I don't see why that would be illegal if the home passes inspection which I'm sure people want safe homes
I remember being shocked when people spent 500k on a fixer upper on HGTV. Then the flipping seminars started, 29k/mo rent, barn doors, and $hiplap were the norm. Then the last three years of peak ignorance further driving up the price of everything and now outright price gouging. We did it to ourselves.
