https://newatlas.com/stack-rock-fort-for-sale/54975/
Actually looks like a good location.
Monday, June 18, 2018
British island fort up for sale
https://newatlas.com/stack-rock-fort-for-sale/54975/
Actually looks like a good location.
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22 comments:
Roof looks suitable for growing.....an ideal hippie hangout!
Something is growing up there already.
Does it have water or electricity?
How's biz, Jim?
Plenty of water just a little salty. You also have to like warm beer for those weekend parties.
Seems like a charismatic anti-societal type a-la Charles Manson could be a God on an island like that. Set up a commune, convince a few people to give up their earthly possessions, and unplug from the world.
I should note that the "weather picture of the day" website had a picture featured from my vacation last October.
>>How's biz, Jim?
Baby boomers in full control of the market, and very few have a reason to sell. In fact, the list of reasons NOT to sell is so long that you can't help but have a personal favorite that keeps you in limbo:
1. I don't need the money, I got a reverse mortgage.
2. My low property taxes have me locked in.
3. My low mortgage-interest rate has me locked in.
4. Everything else is too expensive.
5. I don't want to leave the state.
6. My parents might move in.
7. My kids might move in.
8. My kids need to inherit because they can't afford a home.
9. I don't want to pay capital-gains (on more than the $500K).
10. I love it here!
Yet we don't have an inventory problem - heck, there are nearly 1,000 houses to choose from in North SD County's coastal region (La Jolla to Carlsbad).
To buy one, you just need to be rich - median list price is $2.31 million, and only 88 are priced under $1,000,000.
Reverse mtg, hahaha
Under 1m$. Shacks.
Good Morning!
If you like where you live, your in the right place. Market seems to have run out of people who are dissatisfied or need money.
I am thinking of selling off some of my rentals due to insurance and property taxes.
People are staying where they are longer. For a long time, it was 5 years about, then then it was 8, now longer, I think. This is good for communities, but not real estate people. I will look it up.
At the end of 2016, it was 8.7. A less reliable source said it was 10 years for those under 36 and 12 years for over.
We've been here for nearly 22 years.
This means realtors are unhappy and home improvement people are very happy.
Home Depot is always full, in spite of being brick and mortar.
>>This means realtors are unhappy....
Hopefully they will get out of the business, because we have about 3x as many agents as we need. They are dead weight, and cause all the problems - lousy service, antiquated non-tech mindset, and they would rather rip off their clients and make a quick and easy big buck than improve.
I think this is good. Keeps neighhoods in good shape longer.🏡🏡🏢🏡🏢🏡🏛🏫🏪
Heck, back in 2009, I predicted a major shift in mobility back to 1950s thinking (I'm going to buy one house and live there forever).
There's a generation of kids who watched their parents get wiped out as a result of housing speculation back in 2007-2009.
Humans are horrible at getting over trauma. My grandparents, who lived through the Great Depression and WWII were both hoarders and penny-pinchers ... a direct result of permanent psychological changes based on the era they were brought up in.
My Mom, a child of the '50s had a vastly different view on things, (shaped by what her parents taught her, of course), but the actual experiences of her life weren't even close.
What's funny to me is that it is largely people who lived through the "gravy years", largely without any real "hits at home" trauma that refuse to accept a major shift in behavior is possible, (much less likely or predictable).
Most people have no clue about wealth and money. I learned a lot from depression era people. Lesson is history repeats it's self. Now we wallpaper over it by printing more money making the problem go away but lingers behind closed doors. Debt really does matter at some point. IMO
"Debt really does matter..."
Absolutely. I believe that generation of kids who watched their parents lose everything (or their friends parents, etc.), will be more like the "Greatest Generation" and less like the "Me Generation". Not in all things. They'll screw up in new and different ways. But, it won't be by overextending on houses or cars, IMHO.
Nope not my son. He was worroed about a little credit card debt. I gVe him some money grandma intended him to get. Whew he said dont have to worry about that! Car paid mtg low. But evil school loans!! Which will go away in 7 years. Indentured servitude.
Hmmm, the billionaires could buy this island.
Then they could declare independence. And call it Galt'S Oceanis.
Maybe it's an ancient aliens underground missile sight. That should raise the property value!
You guys and gals make the effort to keep the blog relevant worth it. Thank you all.
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