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1-Euro Houses

1eurohouses.com

111–120 of 196 posts

Re: 1-Euro Houses

#111
post #46
post #37

Earlier quoted context omitted.

It really depends on the price. At 150k€ they're not worth buying, at 1€ plus taxes, deposits and various renovation works... Maybe. One might get a nice vacation house for cheap. One of such houses (not those shown in the video) was actually near the places where I grew up. Such place is nowadays decently connected (still sub-optimal, but decent). If somebody was forward-looking enough could have bought property for…

How would you ever get 1Gb/s over a copper last mile?

You don't of course, because you mostly can't. Yeah there might be some kind of technology to push the speed to that limit, but I don't expect to see speed pushed in the kind of areas where houses are sold basically at loss for 1€.

So, long story short: that's the advertised speed.

Re: 1-Euro Houses

#112
post #109
post #69

Earlier quoted context omitted.

Lots of free space! Look at how relatively sparsely populated the area around Berlin is: https://upload.wikimedia.org/wikipedia/commons/6/6e/Pop_dens... Germany has a very low fertility rate & even immigration isn't enough to make the population grow more than very slowly so if a lot of people moved westwards and into the cities it means a lot of people moved out of the east and the country side. Also almost the enti…

Berlin winters ... mild?

Berlin has a winter?

Re: 1-Euro Houses

#113
post #69

Earlier quoted context omitted.

Hey, thanks, it does. Why is the east side cheaper? I mean, I know it was occupied by the Soviet Union back in the day, but why is it still cheaper there now?

Lots of free space! Look at how relatively sparsely populated the area around Berlin is: https://upload.wikimedia.org/wikipedia/commons/6/6e/Pop_dens... Germany has a very low fertility rate & even immigration isn't enough to make the population grow more than very slowly so if a lot of people moved westwards and into the cities it means a lot of people moved out of the east and the country side. Also almost the enti…

Is population stagnation a problem across Europe? Why not relax immigration requirements? I’m not an expert, but every time I’ve looked getting into Europe seems ridiculously hard. You basically have to have a company agree to employ you and sponsor your visa application, which (as I understand) entails proving why the company can’t find an E.U. resident to do the same job. Plus the salaries are quite a lot lower than the US (roughly 40% lower after factoring in healthcare, vacation, taxes, retirement, etc for software engineering jobs last I checked).

Re: 1-Euro Houses

#114
post #15

Earlier quoted context omitted.

Move to Italy and buy one of the €1 houses in the article? The language is easy for you, and depending where you are in Spain, it might be a closer move than to other parts of Spain. Of course there's a catch, but if what you really want is to own your own home and you're flexible about where you live, you're the right person for this kind of initiative.

There's usually a catch to these effectively free real estate deals. Like the home is a registered historic site so you're on the hook for tens or hundreds of thousands in maintenance that all has to be approved by some council of greybeards who won't accept anything that isn't made in exactly the same way it was 500 years ago. "These replacement stones were worked with power tools , they've lost their authenticity!"…

Or where they will require that certain companies or people are doing the work because that's the only way they will be satisfied. Never mind that these are overpriced, deliver crap work or both, you won't get a permit in any other way. The best outcome is you pay them to stay away.

This happens in other places as well (Portugal, Spain).

Re: 1-Euro Houses

#115
post #24

Earlier quoted context omitted.

Heck, there are a lot of properties in Germany (where there are actually jobs) that would require less than €200k. People here say these are remote but that is really mostly just how "spoiled" (in quotes because I'm "spoiled" that way too!) Germans are with commute. You can be 1 hour drive away (including traffic) from many fairly central places in Berlin & have very cheap housing outside the city (partially this is…

>Heck, there are a lot of properties in Germany (where there are actually jobs) that would require less than €200k Do you have any examples? I could never find anything larger than a matchbox in a village for under $200k in Germany. Anything decent I found in the outskirts of any big city was over 500k.

Near the Dutch German border there are plenty of houses that are affordable, well under 200K. Don't cross that border though, then prices will skyrocket.

Re: 1-Euro Houses

#116

Earlier quoted context omitted.

My feeling is that the pandemic and impending economic collapse will change that. Remember when the 2008 crisis hit, no one was buying but no one was renting either. And a lot of banks with real estate on their books just let it sit there (where it sits today). Once a the credit default domino chain starts to fall, people and organization will need to get liquid. The first stage will see some people jump in on pent-u…

> no one was buying but no one was renting either. As someone who was in eighth grade at the time, can you clarify what you mean by this? Every person either 1) buys property, 2) rents property, 3) goes homeless, or 4) dies. There aren't really any other choices.

(3) and (4) have nearly infinite growth potential.

Re: 1-Euro Houses

#117

Earlier quoted context omitted.

My feeling is that the pandemic and impending economic collapse will change that. Remember when the 2008 crisis hit, no one was buying but no one was renting either. And a lot of banks with real estate on their books just let it sit there (where it sits today). Once a the credit default domino chain starts to fall, people and organization will need to get liquid. The first stage will see some people jump in on pent-u…

> no one was buying but no one was renting either. As someone who was in eighth grade at the time, can you clarify what you mean by this? Every person either 1) buys property, 2) rents property, 3) goes homeless, or 4) dies. There aren't really any other choices.

Millions of people live in a van (#vanlife) or RV. You can work from anywhere and when the sights get boring you drive to the next place.

Re: 1-Euro Houses

#118
post #69

Earlier quoted context omitted.

Hey, thanks, it does. Why is the east side cheaper? I mean, I know it was occupied by the Soviet Union back in the day, but why is it still cheaper there now?

Lots of free space! Look at how relatively sparsely populated the area around Berlin is: https://upload.wikimedia.org/wikipedia/commons/6/6e/Pop_dens... Germany has a very low fertility rate & even immigration isn't enough to make the population grow more than very slowly so if a lot of people moved westwards and into the cities it means a lot of people moved out of the east and the country side. Also almost the enti…

[deleted]

Re: 1-Euro Houses

#119
post #109
post #69

Earlier quoted context omitted.

Lots of free space! Look at how relatively sparsely populated the area around Berlin is: https://upload.wikimedia.org/wikipedia/commons/6/6e/Pop_dens... Germany has a very low fertility rate & even immigration isn't enough to make the population grow more than very slowly so if a lot of people moved westwards and into the cities it means a lot of people moved out of the east and the country side. Also almost the enti…

Berlin winters ... mild?

Yes they are mild. A winter in Berlin matches late fall in Warsaw.

Re: 1-Euro Houses

#120
post #15

Earlier quoted context omitted.

Move to Italy and buy one of the €1 houses in the article? The language is easy for you, and depending where you are in Spain, it might be a closer move than to other parts of Spain. Of course there's a catch, but if what you really want is to own your own home and you're flexible about where you live, you're the right person for this kind of initiative.

There's usually a catch to these effectively free real estate deals. Like the home is a registered historic site so you're on the hook for tens or hundreds of thousands in maintenance that all has to be approved by some council of greybeards who won't accept anything that isn't made in exactly the same way it was 500 years ago. "These replacement stones were worked with power tools , they've lost their authenticity!"…

This is a very valid point. As someone with an Italian step-dad who's dealt with property in Italy, I can say that dealing with permits etc in Italy is really not easy. Things really do work their own, Italian, way. It's not the same as real estate in the US, even if you are comparing historic regulations here to there.

Guess I don't really have a point to this comment, other than to say this parent comment might sound like an extreme exaggeration but AFAIK it isn't.

edit: looks like jacquesm has made a similar point

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