Mountain top home anyone?
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BTW
MrsA quite likes it
She immediately had the idea of using the 'garage' as an archery range
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BTW
MrsA quite likes itShe immediately had the idea of using the 'garage' as an archery range
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BTW
MrsA quite likes itShe immediately had the idea of using the 'garage' as an archery range
@AndyD said in Mountain top home anyone?:
BTW
MrsA quite likes itShe immediately had the idea of using the 'garage' as an archery range
One should never encourage their spouse to develop proficiency with deadly weapons. Just sayin'.
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I was just hoping several houses burned down in an adjoining neighborhood followed by a tornado which I wished would fly into the air and land on its owner.
If you thought gossip might get around quickly in a small town in 50's America, that had nothing on this bunch of interconnected, pathological, presumptuous, pretentious Karen's with golf carts.
They have produced such gems as multiple neighbors calling the home owner while out of state and saying things like-- "I think you son is staying in your house."
One day I was walking up to the home where I was invited to come and as I step around a car, I see this lady, who says to me in a vicious tone of voice-- "Can I help you?" I said, "Yes, you can get out of my way so I can get through." She did as I walked through turning my head to ignore her.
Sorry, not a post about residences, but you couldn't pay me to live in that neighborhood or any of the many like it here.
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It's too bad my material (Oops, Freudian slip)-- I meant maternal aunt and uncle won't leave 10's of millions to their blood family (that would be my brother and me).
Because then I could move to Switzerland. And I would.
Unfortunately, my uncle is a character out of a Charles Dickens novel who didn't offer me his condolences when his mother died and cut me out of his life.
My aunt cut me out of her life, waiting until my mother died, then cut my brother out her life after my sister died.
She was close to me through all my growing up, and close to my sister after my mother died (because she was interviewing her to be a companion and caretaker although she would never have admitted that).
- Switzerland
- Probably BC
- Colorado
- UK (although recent political developments there are as bad as what is happening here)
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It's an interesting mix of things. vast overuse of granite, especially on the floors and stairways. Hated the little galley kitchen but I suppose you're not going to be cooking for yourself if you have that much money. Master bath was awful and dated, media room was a nightmare. A two chair salon? Seriously?
Loved the pool area and the outdoor. Liked the dining room but it could have used more space in that size of house. The sitting areas were nice. Wine cellar was OK. My biggest impression was that the house didn't know whether it wanted to be modern minimalist or Biltmore opulence.
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Speaking of houses, if I were on the market for a retirement abode in Santa Fe about now, I could not afford the place we bought in 2018.
Timing is almost everything, and luck is rather important to timing.
And no, it's not big enough to be a WTF retirement home.
I don't study real estate economics, but I'm fascinated by the shifts in demand that happen rather suddenly. After the fact, it's easy to "armchair quarterback" the reasons why certain markets become hot while others go cold.
In Santa Fe I'm hearing a lot of angry comments (Nextdoor for instance) about "evil rich people buying their second homes in the area and destroying things for locals." I remind people that every "mansion" sale raises the property value of that house (not yours), which increases the city's tax base, and that a hefty portion of the tax base comes from those homes. Middle class property taxes are subsidized by the rather small fraction of the housing base that carries a median "mansion" price. And as some have pointed out, if you don't like local politicians and their policies, those "second home" owners don't vote. The people who are complaining loudly are the ones who produced the current politics of the city.
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" Middle class property taxes are subsidized by the rather small fraction of the housing base that carries a median "mansion" price. And as some have pointed out, if you don't like local politicians and their policies, those "second home" owners don't vote. The people who are complaining loudly are the ones who produced the current politics of the city."
Good point. -
@Mik said in Mountain top home anyone?:
My biggest impression was that the house didn't know whether it wanted to be modern minimalist or Biltmore opulence.
That's quite a confusion!
@Piano-Dad said in Mountain top home anyone?:
@Mik said in Mountain top home anyone?:
My biggest impression was that the house didn't know whether it wanted to be modern minimalist or Biltmore opulence.
That's quite a confusion!
I suspect spousal differences.
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Speaking of houses, if I were on the market for a retirement abode in Santa Fe about now, I could not afford the place we bought in 2018.
Timing is almost everything, and luck is rather important to timing.
And no, it's not big enough to be a WTF retirement home.
I don't study real estate economics, but I'm fascinated by the shifts in demand that happen rather suddenly. After the fact, it's easy to "armchair quarterback" the reasons why certain markets become hot while others go cold.
In Santa Fe I'm hearing a lot of angry comments (Nextdoor for instance) about "evil rich people buying their second homes in the area and destroying things for locals." I remind people that every "mansion" sale raises the property value of that house (not yours), which increases the city's tax base, and that a hefty portion of the tax base comes from those homes. Middle class property taxes are subsidized by the rather small fraction of the housing base that carries a median "mansion" price. And as some have pointed out, if you don't like local politicians and their policies, those "second home" owners don't vote. The people who are complaining loudly are the ones who produced the current politics of the city.
What you’re seeing is the rapidly widening gap between the rich and everyone else. The most recent tax bill will only widen if further.
Now add in a helping of overseas money…
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It's become a harrowing gap now and denying that would actually be stupid or at least ignorant, or maybe willfully ignorant. People know or should know about the material circumstances of the citizens including the most elderly because even the MSN isn't bothering to hide them.
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What you’re seeing is the rapidly widening gap between the rich and everyone else. The most recent tax bill will only widen if further.
Now add in a helping of overseas money…
@Steve-Miller said in Mountain top home anyone?:
What you’re seeing is the rapidly widening gap between the rich and everyone else. The most recent tax bill will only widen if further.
Now add in a helping of overseas money
Rising income inequality is part of the story of higher prices for prestige goods of all sorts, including "luxury" home purchases, but that's actually not what the article is about. It's about why this "mansion" market is moving in different directions in different locales. Income inequality has surged over the past 45 years, so it's not a new phenomenon. Also, the past decade has seen some closure of the 80/20 gap. This market is not fueled by the tiny group of .1% multi-multi millionaires and billionaires. It's driven by people in the top 5%, and there are a lot more of them.
