MOBILE “HOME”
The beginning of the 80’s I had a scooter for transportation. I had no idea what high oil prices were. Nearing the mid 80’s I foolishly bought a Ford Mustang II, the first of many pieces of crap from America’s East European Car Company. Do you ever wonder why there were a lot more used Fords on sale instead of Chevy’s ( recently all cars are so friggin expensive there are plenty on the used market as they are dumped to forestall Bankruptcy By Vehicle )? Don’t get me wrong, all American cars are crap compared to Honda/Toyota. It is just that one company puts out less crappy cars than another ( a dig at management, not the workers unless you personally contribute to the problem by whining about ONLY making $30 an hour and do bad work especially on Monday and Friday but also every other day ending in a “y” ). Anyway, not only did the Mustang have problems mechanically, you could actually see the gas gauge move down as you drove over 60 mph.
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I “allowed” the bank to repo that one. Actually, I went to the dealer and tried to get them to take it back ( “no one is interested in V8 anymore” ) first, then I just walked into the bank and gave them the keys. That was priceless. Best abuse of credit, ever! The thing that stuck in my mind was the non-marketability of the gas guzzler of that time. Since then we got fat and spoiled on cheap gas again, but the time when new and used gas-guzzlers sit untouched in the dealers lots will return. Of course, when that happens another blow to the housing market will be the big middle class McMansions sitting empty both due to lay-offs and to natural gas shortages to heat the suckers ( the rich will continue in their wasteful ways ). It will also be the time when you can pick up used vans, used pick-ups with cab-over campers for not much more than scrap metal price.
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At first, folks will be in denial such is the case now with high priced homes. They still hold on to their Gum And Glue dwellings as if they can still find an idiot more out of touch with reality than they were that will buy the thing. Unless you are sitting on a gold mine entrance, there is no way a quarter acre lot with a thousand square feet of green wood and pressed board and plaster thrown up over wet concrete by Mexican illegals is worth a half a million dollars. And that’s the new and improved price! I know, you know, and perhaps even Ross Perot knows that most people are complete and utter idiots, saved from a lifetime of poverty and fruit flavored rubbing alcohol spiked wine only from the fact that Mommy and Daddy paid for a college certificate so junior can bribe his way into a monopoly controlled trade and safely practice his incompetence on captive customers at an absurdly high, unjustified salary. But even for those idiots, buying during the housing bubble was really friggin stupid.
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Once the fact of Peak Oil has been pounded over peoples heads repeatedly with $7 a gallon gasoline, and then after the high prices don’t diminish, then you can buy your new home very cheaply. As in under one ounce of gold cheaply. You might even be able to barter for something to reduce that price. I don’t think travel trailers will be sold off except for quite recent buyers unable to make the mortgage along with the trailer and ATV payments. Older trailers will command better prices as fewer folks can afford apartment rent. New motor homes will revert back to the semi-rich buyers. If you don’t have a cheap used trailer now, forget about it later. But the vans will be given away as gas becomes a luxury again. Hope you bought your cheap land to park it on. Wal-Mart will disallow parking there once the lot is overtaken with mobile Hillaryvilles.
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Monday, November 19, 2007
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6 comments:
Well, hold on there Jim. One thing might occur as well. If the client is no longer able to commute to the business owner, maybe the business owner can convert a van or station wagon to become a 'mobile office', able to do the work in the client's driveway / locale? Kind of like those sandwich shop trucks (roach coachs) which go to a site and drum up business quickly.
Far fetched - yup. But nobody ever said survival would be like Blue Lagoon. :^)
Keep on rocking sir!
I talked to real estate agent the other day who is a friend, looking for a 3-5 acres of flatter type ground to set my sawmill on and put in some rather inexpensive logs ive found for selling to a couple niche markets that are still buying speacil cuts and lengths of timbers... He tells me I am looking at $90K for 3 acres like that..... but i know of nearly 10 acres I could get for under $50K listed with another agent [i did not tell him that] but i dont rally want it caue its just a little far out of of the way and five miles uphill to pull the logs into, and downhil for the trucks to get out of after the timbers are cut.... shipping is the key..... but i dont want the $90K property either just to much for even themarket i can still sell to cause that will dry up after a fashion as well.
Battling in court has had its drawbaks and drains on my family and business, but my eyes are not closed to what is coming down around us.... we are in the death throes of an empire, no less than Britain was a few years back and similar to the Romans as well and many others who over extrended their military to parts of the globe which did not need nor want them there....
Blueduck
Central idaho
Blueduck - But unlike when the British Empire declined the US Empire has managed to make many many enemies who shoulder very real beefs with her. Expect some "blow back" aka Payback. Also consider that the Pom's handed over the reigns of power to a friendly nation. The US is going to have the reigns of power snatched violently from her hands by an unfriendly nation. It's not going to be Red Dawn. Maybe something like Children of Men?
Mr Daikin. I'm a huge fan of your teachings (now I'm sounding like a member of a cult lol). But unfortunately I'm a bit of a late commer. "Cheap" land has doubled from it's "Can I afford this" price. So I'm freaking sitting here trapped in suburbia with my converted Mauser in 308, a 12g coach gun and 22lr bolt action with enough food to get by for a while.
Fingers crossed that land will become "cheap" again and old eagle eyes here can snatch it up.
Take care people
I person needs somewhere to go to, his/her Alamo per say. Divorce, loss of job, whatever.
Jerry in So IL
The comments on construction of the McMansions is accurate. I've seen places where they don't even get it under roof before putting up walls. The walls are particle board and after getting rained upon, start to decompose. No replacement, just cover up and proceed. These buildings are junk and will deteriorate in short order. I'm stuck in a small city, but at least my house, which has been here over 150 yrs will stay up
barring outside action.
One can still get a quality made home, the kind they used to make before the 1950's suburban sprawl buildout, if one is careful with their contractors, specific in their requirements (or does it themselves), and does not mind paying for quality.
That's one of my big gripes with Americans as a whole today....too much magical thinking (the religion of something for nothing), and a well-developed sense of personal entitlement. But won't get off their own backsides and make it happen. The American Dream used to be a modest home, a happy family, and hard work = doing alright. Now, we have celebrity lifestyle worship, a 'I wanna be a millionaire' mindset, chasing rainbows and endless disappointment. But I digress....
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