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1-Euro Houses

1eurohouses.com

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Re: 1-Euro Houses

#171

Post by walrus01 »

ido wrote: post #24
TheGallopedHigh wrote: post #8

Earlier quoted context omitted.

There are more properties available in Italy that would not likely require 200k button the order of 10s of thousands. Maybe that’s your ticket?

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…

I would not say that 2 hours of driving every day is affordable, if you calculate the fully-loaded euros per km cost of owning, maintaining, fueling, insurance and operating a vehicle, how many km you would put on it every work week, and the cost of paying for parking in the urban center. 0.75 euro cents per km would not be an unreasonable figure.

Re: 1-Euro Houses

#172

Post by pulse7 »

Aeolun wrote: post #169
pulse7 wrote: post #63

Earlier quoted context omitted.

This has been told by the people who relocated, because they were not willing to risk their children. Another example: if you start your business there, someone from "the family" will come after a while and tell you: "You need a secretary. And I have found one for you." Now if you reject them, they will go after you. This is why people are leaving. It would be a beautiful place to live, but because of this, people ar…

When I said source I meant something other than more anecdotes.

People's personal experience is not an anecdote...

Re: 1-Euro Houses

#173

Post by lifeisstillgood »

mrnobody_67 wrote: post #156
adventured wrote: post #137

Earlier quoted context omitted.

> Or you could just wait. ... 2: governments printing money inflated investor assets like stocks and real estate. Waiting will only help modestly. In the meantime, while you wait, your purchasing power is being destroyed, which is likely to put you in an at-best net break-even scenario on waiting. 2a) Asset prices - such as housing - have been permanently adjusted higher because the real standard of living, the real…

ShadowStats.com tracks the Consumer Price Index according to the old 1980 and 1990 methodologies.... 6% or 10% annually vs. less than 2% under the current CPI index.

I have long suspected this- thank you ...

Re: 1-Euro Houses

#174

Post by lifeisstillgood »

adventured wrote: post #137
bryanlarsen wrote: post #57

Earlier quoted context omitted.

Or you could just wait. A lot of people have been surprised that the housing market hasn't crashed. Two of the theories are: 1: supply is more elastic than demand. In other words, more sellers took potential listings off the market than buyers stopped looking. 2: governments printing money inflated investor assets like stocks and real estate. If these are true, a backlog of listings from could flood the market next y…

> Or you could just wait. ... 2: governments printing money inflated investor assets like stocks and real estate. Waiting will only help modestly. In the meantime, while you wait, your purchasing power is being destroyed, which is likely to put you in an at-best net break-even scenario on waiting. 2a) Asset prices - such as housing - have been permanently adjusted higher because the real standard of living, the real…

This is horribly depressing but hard to argue against. Do you have further reading?

Re: 1-Euro Houses

#175

Post by pantalaimon »

ido wrote: post #135
stef25 wrote: post #109

Earlier quoted context omitted.

Berlin winters ... mild?

Yes, we've lived here since 2013 and there has been maybe a week of snow per winter (it was above freezing the rest of the year). It is almost unheard of to have icey roads and sidewalks (which was normal every winter when we lived in Austria before that).

That used to be normal in Berlin too 10+ years ago.

The last couple of years barely had any snow though.

Re: 1-Euro Houses

#177

Post by ProZsolt »

alkonaut wrote: post #125
bryanlarsen wrote: post #60

Earlier quoted context omitted.

Or maybe "$ house" just means somewhere no one wants to live. You can get a reasonable house in rural Saskatchewan without any fine print for under USD$20K. https://www.point2homes.com/CA/Cheap-Homes-For-Sale/SK.html?...

Yeah I mean for $1 I expect a shed without running water but I expect most of the cheapness to be due to high fixed costs and low demand, e.g. because of a non-existent job market. Now that tons of people with good tech jobs can work from almost anywhere, I expect some of these remote locations to become quite poopular. I wouldn't mind spending summers in a shed in a remote part of Italy, for example.

The problem these small towns rarely have adequate internet for remote work. I hope this will change with Starlink.

Re: 1-Euro Houses

#178

Post by icebraining »

literallycancer wrote: post #65
corty wrote: post #55

Earlier quoted context omitted.

Yeah, but you won't. Conservation laws will prevent you from tearing down the old house and instead oblige you to invest to prevent it from falling over on its own.

It's Southern Europe. Ask the locals how often they wait for the bureau to allow repairs and how often they just go ahead and do whatever changes they feel are needed.

Uh, no, that's a good way to get fined, at least in Portugal/Spain.

People will often circumvent rules when they can (e.g. add a second story without a permit, but avoid putting regular windows to claim it's just a storage attic), but if you want to make more profound changes, you better be prepared to fight the bureaucracy.

Re: 1-Euro Houses

#179

Post by icebraining »

pedrocr wrote: post #127
znpy wrote: post #111

Earlier quoted context omitted.

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.

Advertised speed usually means it's technically possible, even if it doesn't happen in practice. It seems there is indeed 1Gb/s VSDL technology but at least Wikipedia doesn't list any such deployment in Italy. But even 100Mb/s is good enough connectivity in my experience with fiber and apparently that's common for FTTC deployments.

Might not be DSL, but DOCSIS (coaxial), as part of an HFC system[1]. Version 3.1 can reach over 1Gbps, though that rather depends on how many people you are sharing it with.

[1] https://en.wikipedia.org/wiki/Hybrid_fiber-coaxial

Re: 1-Euro Houses

#180

Post by taejo »

fomine3 wrote: post #168
abeppu wrote: post #85

People on this thread rightly point out that this isn't a great deal b/c the costs to actually get it to livable condition, along with conservation constraints might be quite significant. I think an interesting point of comparison is Japan's policies around abandoned houses, and efforts to try to prop up vanishing rural communities, where aside from repair/renovation and administration costs, the owner can also be ob…

A point in Japan is that property owner can't throw away own properties. So they need to sell unused properties to reduce property taxes.

Can you throw away owned real property elsewhere? The closest I can think of is not paying property taxes and hoping the state/municipality will seize the property and not come after you for the difference. If the actual value of the property is zero or negative it's difficult to come out ahead.
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