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It's Not Where you live, But How you live that matters...

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It's Not Where you live, But How you live that matters...


I like the approach suggested here:


City, Country, Suburb? It Isn't Where You Live, But ...



"While buying some land in a rural area, building a house, installing solar panels and a greywater system, and growing 100% of your own food is may be feasible for some, this vision is completely out of reach for the vast majority of people. All of that takes capital and time, and quite a bit of both, which an increasingly large number of people simply don't (and won't) have."

Hmmmm..... that DEPENDS.


In our case, we upsized to downsize. Our 1 3/4 acre farm complete with state of the art solar powered energy efficient eco house is worth LESS than our previous city dwelling, and by selling up and moving, we are now virtually debt free. Would have been debt free had it not been for the crazy building bubble pre-crash when the cost of EVERYTHING went up as the price of oil skyrocketed from $20 (remember those days...!)


My wife and I were dicussing our move just yesterday and what a fortuitous idea it was (were definitely lucky in buying our land for $49,000 just days before the market went ballistic and sent its market value to $200,000!). There is NO WAY I would stay in the 'burbs right now.... I know not all towns/cities are the same, but whenever we [rarely] go back to Brisbane we are amazed we ever lived there so crazy it all seems... My wife said she thought she'd miss Brisbane, but she doesn't, one iota. In fact, not even the friends we have there..... we've made brand new ones here who are far more in touch with reality!!!



/more: http://www.peakprosperity.com/forum/city-country-suburb-it-isnt-where-you-live-how-you-live-there/29968

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Time Magazine drives a stake into the American Dream


Waking up America? The Case Against Homeowning



In its Sept. 27th issue, Time Magazine makes the case against Homeownership. It is about time - haha.


They begin:

"Homeownership has let Americans down. For generations people believed that owning a home was an axiomatic good. Political leaders hammered home the point." Then, they mention the views of Presidents Hoover, FDR, the Bush adminsitration, and finish, claiming: "A house with a front lawn, and a picket fence wasn't just a nice place to live or a risk-free investment; it was the way to transform a nation... No wonder leaders of all political stripes wanted to spend more than $100 billion a year on subsidies and tax breaks to encourage people to buy."


The article shows a chart, entitled "Hitting the Ceiling"

"Homeownership wasn't always the norm. It rose steadily in the postwar era - until the crash." From 46.5% of homes being occupied by owner-occupiers in 1900, it moved sideways to down through the Great Depression, and then started shooting during and up after WW II. The peak came about 2005, at the peak of the Housing bubble, when it hit a record 69.2%. The excesses of credit, enthusiasm, and malinvestment that were required to get it there are going to take many years to unwind.



/link: http://www.peakprosp...omeowning/44628

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  • 2 weeks later...

Good information in that Nicole Foss chat

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