Comments on: Housing: Its Not Just For an Investment Anymore http://banktalk.org/2008/08/26/housing-its-not-just-for-an-investment-anymore/ Exploring the Finances of the Unbanked Tue, 22 May 2012 19:08:56 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: David Oxhandler http://banktalk.org/2008/08/26/housing-its-not-just-for-an-investment-anymore/comment-page-1/#comment-75 David Oxhandler Sat, 06 Sep 2008 16:10:06 +0000 http://thisismyhomebook.wordpress.com/?p=283#comment-75 Im following Warren Buffett and investing in manufactured housing as the solution of the near ans extended future. Manufactured housing has matured greatly over the past several years into a very reliable and economical alternative to conventional building. Factory built housing makes a lot of sense. If you were going to buy a new car would you purchase all the parts and get some guys to build it in your driveway? The same scale of economy and benefit of assembly line production can be found in today's modern factory build homes. There is a great video on line with Architect Sarah Susanka describing manufactured or prefab housing and why manufactured housing is built in a controlled environment by craftspeople may be of higher quality than a home built on site. at http://mfdhousing.com/portal/stories.php3?nid=6587 Im following Warren Buffett and investing in manufactured housing as the solution of the near ans extended future. Manufactured housing has matured greatly over the past several years into a very reliable and economical alternative to conventional building. Factory built housing makes a lot of sense. If you were going to buy a new car would you purchase all the parts and get some guys to build it in your driveway? The same scale of economy and benefit of assembly line production can be found in today’s modern factory build homes.

There is a great video on line with Architect Sarah Susanka describing manufactured or prefab housing and why manufactured housing is built in a controlled environment by craftspeople may be of higher quality than a home built on site. at http://mfdhousing.com/portal/stories.php3?nid=6587

]]> By: LVTfan http://banktalk.org/2008/08/26/housing-its-not-just-for-an-investment-anymore/comment-page-1/#comment-76 LVTfan Wed, 27 Aug 2008 15:13:29 +0000 http://thisismyhomebook.wordpress.com/?p=283#comment-76 A May, 2006, Federal Reserve Board study saiys that houses -- single family homes -- depreciate at 1.5% per year. What appreciates is land value, but most of us see the distinction only if the owner of the house and the owner of the land on which it sits are two different people -- and if the local assessor is conscientious about valuing land first and treating the building as the residual -- roughly at its depreciated replacement value. A May, 2006, Federal Reserve Board study saiys that houses — single family homes — depreciate at 1.5% per year.

What appreciates is land value, but most of us see the distinction only if the owner of the house and the owner of the land on which it sits are two different people — and if the local assessor is conscientious about valuing land first and treating the building as the residual — roughly at its depreciated replacement value.

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