Hey Yewdall,

I DID MY PART when I traded in my Escalade for a Lexus SUV hybrid for the
commute downtown.  I didn't HAVE to spend the extra money BUT I DID
because it was the right thing to do. Now get off my back and let me enjoy
my lifestyle.

> Uuugh.   Forgot about property flipping.  But now that you mention it,
> they are ripping down 2,000 sq foot $800k houses in Boulder, just for
> the lot.   Ack.  Our society is nuts.
>
> This is one reason my town hasn't made too much effort to clean up the
> piles of abandoned cars along the road and in everyone's yard.... it
> keeps the property values under control and the yuppies out.  :)
>
> Z
>
> On 6/15/07, Chip Mefford <[EMAIL PROTECTED]> wrote:
>> Zeke Yewdall wrote:
>> > Ah, but I think you may be including a non-monetary benefit...
>> > remember, for renewable energy or energy efficiency stuff, you can
>> > only include the strict monetary benefits when calculating payback.
>>
>> Nope, I'm talking property flipping.
>>
>> The sad but incontrovertible truth is, the larger
>> the house, the greater the increase in resale value.
>>
>> Tracking housing costs since the building boom began
>> in the early 50s, houses of 10,000 sf, (yes, that's
>> correct, ten thousand square feet) have shown the
>> highest rate of return in investment over time.
>> 5,000 less so, but still quite solid, 2,500 are
>> decent investments, and 1,200 or less are only valuable
>> for their lots. Fact. ugly but true.
>>
>> Boutique appliances, countertops and trophy
>> stoves (that will never be used) are pretty
>> much a requirement for flipping the property.
>>
>> This is why the cheaper interest rates are available for
>> these purchases, because that money yields the highest
>> return over similar type goods.
>>
>> This trend has been solid, with only a few hiccups for
>> nigh on 60 years, and there is nothing to indicate there
>> will a change anytime soon.
>>
>> Wonder why all this farm land in the Mid Atlantic
>> region of the US (some of the  best and most fertile
>> farm land in the world) is all being converted to tract
>> mansions? Because that is the sweet spot for investment.
>> 5k+ sq ft houses garner the lowest interest rates and
>> have the highest resale. No farm can compete with that,
>> in this 'free market' economy. (I'd like to actually
>> see a genuine free market economy someday, I keep
>> hearing about it).
>>
>> I work in Loundon County Va, USA. Loundon Co is *the*
>> textbook example of the worst land managment planning
>> there is. Even the the union of concerned scientists
>> used Loundon Co as their only negative example in the
>> publication The Consumer's Guide to Effective Environmental Choices.
>>
>> Be that as it may, it's nearly impossible to loose money
>> in this real estate market. Unless, you try to protect
>> and preserve what little arable land is left.
>>
>> Mike Weaver lives in this region, and the neighbors of
>> whom he speaks are everywhere. You'd have to see it.
>>
>> --
>>
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>>
>
>
> --
> Zeke Yewdall
> Chief Electrical Engineer
> Sunflower Solar, A NewPoint Energy Company
> Cell: 720.352.2508
> Office: 303.459.0177
> FAX documents to: 720.269.1240
> [EMAIL PROTECTED]
> www.cosunflower.com
>
> CoSEIA Certified
> Certified BP Solar Installer
> National Association of Home Builders
>
> Quotable Quote
>
> "In the dark of the moon, in flying snow,
> in the dead of winter, war spreading,
> families dying, the world in danger,
> I walk the rocky hillside
> sowing clover."
>
> Wendell Berry
>
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>
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>


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