The Frameless Geodesic Dome I currently live in
311–317 of 317 posts
Re: The Frameless Geodesic Dome I currently live in
#312Earlier quoted context omitted.
"Wasting capital on rent" may be the worst nonsense in our financial folklore. Always run the numbers. Rent vs. mortgage calculators and spreadsheets are readily available. Understand the factors they use, and perhaps tweak for your own needs and priorities. I'm glad that I did, as I completely dodged the disaster that was the housing bubble as a result -- my rent always looked like a killer deal compared to nutso ho…
The best online rent-versus-buy calculator I have found is the one created by the New York Times [1]. As others in this thread have already noted, in suburban-to-urban population densities, the cost of shelter is in the dirt, not the improvements. The wisdom of embedding wealth into dirt in a highly technologically-developed economy where the value chain is much, much more abstracted away from the dirt is lost upon m…
Re: The Frameless Geodesic Dome I currently live in
#313Earlier quoted context omitted.
You obviously do not have the requirement of living close to Vancouver BC in order to maintain an income. As said elsewhere if one is willing to move out into a remote area you can definitely pick up land for less money ($2k cash for your own land with mountain views is blowing my mind and making me cry on the inside). Unfortunately, so much IT work is centred around metro areas and property is very expensive.
Unfortunately, so much IT work is centred around metro areas and property is very expensive. So you need a satellite uplink and a second dome covered in video, wired to a telepresence drone made out of a cheap tablet on a broom handle stuck to a roomba.
All that said, to afford land without a mortgage in BC I'd have to move so far north that I it wouldn't be much fun at all.
Re: The Frameless Geodesic Dome I currently live in
#314Re: The Frameless Geodesic Dome I currently live in
#315Re: The Frameless Geodesic Dome I currently live in
#316Re: The Frameless Geodesic Dome I currently live in
#317Earlier quoted context omitted.
The best online rent-versus-buy calculator I have found is the one created by the New York Times [1]. As others in this thread have already noted, in suburban-to-urban population densities, the cost of shelter is in the dirt, not the improvements. The wisdom of embedding wealth into dirt in a highly technologically-developed economy where the value chain is much, much more abstracted away from the dirt is lost upon m…
Interesting the calculator includes utilities and tax bills as costs for the buyer but not the renter. Is this common in the US, for all bills to be included? In Europe here, once you factor in the additional costs of council tax and all utilities, the cross-over period reduces to about 4 years, as many people have commented previously.