No.115516
>>115515Hmmm...
That's one of my concerns with buy a unit. I'm worried that people will hear me watching anime through the walls or listening to music through the walls.
No.115517
>>115516Yeah, that's probably my biggest fear too, and I like to play music with speakers so they'd definitely hear it and I don't want that at all.
No.115518
>>115514>a town in the middle of nowhere 6 hours drive from the nearest city?I already live like this so I'll take the land upgrade
No.115519
buy land ownership if you have money and want to live there for 10 years. Rent on short term agreements in outer city near public transit.
The rest is for buisness owners or retired
No.115520
Don't buy what you don't need. A house sounds nice until you realize 70% would go unused because you're just one person who spends all their time in front of a computer. There's no reason to pay 3-4x more and get taxed more and have to pay for/spend time and effort on the upkeep of all that extra space if your lifestyle only needs 1000 sq.ft.
>>115516Most places aren't going to have Japanese paper walls, unless you're blaring the bass at party levels or slamming cabinet doors they're not going to hear anything, and even then they won't be able to make out much specific even if they put their ear to the wall like a perv instead of playing their own music over it like a normal person.
No.115522
>>115516>>115517I live in a unit myself. I don't like that they can hear me and my shit, but it's much more bothersome that I hear (and SMELL) their bullshit. I am boxed in and I can't wait to get out.
>>115520>Most places aren't going to have Japanese paper walls.The walls of my unit are cinderblock (I think) and there is a concrete slab between me on the first floor and the ground floor. That's not enough.
No.115523
I live in an apartment and can't hear anything through the walls and I listen to everything on speaker and haven't had anyone knock on my door so I can only assume no one can hear me. The ceiling is the real issue, just a constant cacophony of slamming and dropping noises I can't even imagine how my upstairs neighbor is making.
No.115524
>>115523Yeah, that's my same experience too. Occasionally I could hear people doing exercise or listening to bass heavy music, and sometime vacuuming but that's about it.
No.115526
the best house is living in your parents house
No.115530
>>115514rent so you don't have to deal with commitment
No.115531
>>115525>the "working at home" thing has also made rural areas more appealing to yuppies and the like so there may be more competition for homes.Yeah, apparently there's been a lot of Californians moving to the Midwest, increasing house prices.
No.115534
>>115525I guess so, I think it's more the fear of the unknown and the commitment and the effort it would take to move that far away that bothers me.
It's more in my own area that that kind of thing is happening, prices they have almost doubled since COVID.
>>115526That's what I am doing now but there isn't enough room so I have to live in the garage...
>>115530That's another option, but then you are wasting money. Still, I could use the deposit to rent a better house than I could buy but that would only last 10 years or so and then it would be gone.
No.115537
>>115534Think of it as paying for the option to bail out. A mortgage is a 10 or even 30 year loan. That's so scary.
No.115538
>>115537You can always bail out of a mortgage too, you just need to sell the house. But in this case you would be in a better situation than you started with as even if the house price did not increase you would have paid off part of the mortgage and you'll get that back.
Or the other option might be buy a unit and if I don't like it because of the noise and people, then I can rent it out and use that additional income to rent a better house.
No.115542
>>115538>You can always bail out of a mortgage too, you just need to sell the house. But in this case you would be in a better situation than you started with as even if the house price did not increase you would have paid off part of the mortgage and you'll get that back.don't you have heavy taxes on the transfer of houses?
in Australia it's called stamp duty and I had to pay around 11 grand on a property valued at 260 grand
No.115543
fortunately the property is today apparently valued at more like 350 grand because the price when i bought it was depressed by covid+seller needing to get rid of it....i made out like bandits
No.115544
>>115542I'm Australian too.
But even with stamp duty, assuming you live in the house for a year and paid $260 a week on your mortgage you would have then paid $13,520 off your loan, so more than you would lose to stamp duty.
I wish I could get a $350,000 property here... That's basically by budget.
No.115545
>>115544You could if you lived in Darwin
No.115546
>>115545I'm not sure about going there but yes. That's pretty much my options.
Buy a unit or an apartment in my states capital or the suburbs of that capital or I was thinking of moving to somewhere like Tasmania, Gippsland of South East South Australia where I could get a house or even land for that much.
No.115547
Im sure you guys know but rent an apartment first before moving to a new place to try it!
No.115556
What's everyone's opinion on REITs (real estate investment trusts)?
No.115558
>>115556tricky question but i think they're in general not strong options and with higher interest rates they losw money on mortgages
No.115560
>>115558By option, do you mean
>An options contract offers the buyer the opportunity to buy or sell—depending on the type of contract they hold—the underlying assetor do you mean option as in choice?
--
>Additionally, higher interest rates mean fewer homes on the market, as existing homeowners have an incentive to hold on to their home to keep their low interest rate.I think this is just a case of renter's market vs buyer's market. Did I miss something?
No.115566
>>115560choice. they're often times yield traps
No.115571
If you're moving from a large metro to a place like Gippsland, (I moved from Los Angeles to a relatively remote South Texas city to be closer to family and lower cost of living) the lack of "things to do" may be a shocker, though both Tasmania and SE Victoria are close enough to Melbourne and Hobart itself may be enough. But you may find what people do for fun a bit of a culture shock, here it's fishing and playing and watching amateur soccer, and just from my time in aus I know regional vic and tasmanian people are obsessed principally with AFL. Gippsland is far more beautiful than where I live though, so you may find the nature-related activities more enjoyable
No.115572
Also consider the politics of the place you're looking at if you give a damn.
No.115623
>>115571>>115572One of the houses I was looking at had a Boku no Hero Acadamia poster and an easel with a bird they were drawing on it so they must watch BHA and draw birds for fun but another house in another area had a poster of Code Geass so that's what they must do for fun in that area.
The politics are probably related to this as well.
Hmmmm.... Where to go.