THEY AIN’T MAKING MORE LAND
Ah, real estate. The investment of the middle class. The darling of most mainstream and “alternate” investment advisors ( like Ruff ). Buy more land, they ain’t making any more of it. Now, first, how well did that work out for almost everyone in 2009? I mean, sure, they still have a house. That they can NEVER sell, is underwater in value and is at the mercy of local taxation authorities. Wow, where else can I get an “investment” like that? What a deal! And second, what are you buying with your investment money? Grid location. Not a location close to work. Not a location safe to live in ( ahhh…Houston, anyone? Or, how about Dallas where the police get gunned down in guerrilla warfare? Detroit, where they don’t even have police? ). For a quarter million dollar home, on a combined two income gross of maybe $50k a year, you get a paved road, city water and sewage and a power line. We already talked about how much of a premium you are paying for that. I won’t rehash it other than to say you can closely approximate a much better deal off grid, cheaper.
Today I’d like to discuss how all those grid services you are wayyy overpaying for aren’t going to last long and your gum and glue craphole is going to be worth less than scrap price soon enough. Falling EROI is an easy enough concept to grasp. The very low EROI energy Venezuela is producing isn’t worth crap ( other areas produce higher net energy oil ) and their cost of production is higher than what the market will bear ( oil demand is contracting due to less factory production due to less consumer spending due to less jobs-hello, end result of globilization coupled with peak oil to produce the ugly offspring of implosion ) and hence you get a local economic collapse. Those misinformed, or more appropriately un-informable due to denial, who think socialism is to blame for the collapse there are all card carrying members of the Fracking Fag Brigade and don’t even need to bother to try to prep for collapse. What collapse? Fracking will save you all! Sweet Baby Jesus weeps. Yes, economic depressions do occur during oil gluts. Heard of the one that started in 1929?
Areas safely ignored by the Official Propaganda Corps ( mainstream media, and some alt-media who is neutered by threat of ad lose or PC attack police ) after being decimated by natural disasters ( which, again, doesn’t matter if it is by Gore Warming or not-either way it is out of anyone’s control ) are not being rebuilt. Let us refer to yet another YouTube video. Sure, those pukes steered me wrong on the date of Netflix debut of the new Walking Dead season ( it wasn’t an official Netflix video, just some cheese dingus compilation ), and there are new videos refering to old videos of three years ago how Yellowstone is going to blow any friggin day now, but you always have misinformation and dumb asses with a camera out there. The subject was the Pontiac SilverDome. Up in Detroitland, the city of Pontiac built a big ass dome covered with, of all things, canvas. This was in the 1970’s, a great time to invest millions for economic stimulus.
Okay, it actually worked out okay for them for a time. Great rock concerts like The Who and The Rolling Stones, monster car rally’s, not to mention football games and visits from Da Pope. But they way they built it, they needed power to keep the fans propping up the dome in the winter. Some bureaucrats idea of a good idea, having costly upkeep during the off season. One year the dome collapsed with heavier than usual snow ( hey, who could have seen that one coming, am I right? ) and after the costly replacement they began to see lost revenues as the local population had less disposable income. What? What is this you say? I’m perplexed! How could revenue fall with such a great product being offered? Do you mean to tell me that a business is dependent on customer income to survive? This was certainly and emphatically NOT covered in business school. Why, the nerve of someone to even mention this! Un-’Murican, that’s what it is! My American Dream is turning into a nightmare and I want a refund ( by the why, I don’t know if that one is original or not, so only feel free to steal if it is ).
Sweet Baby Jesus On A Popsicle Stick! Why, it must be the fault of the socialist government. Yeh! That’s what it is. A private company would never build a money losing venture. Well, okay, sure. A private company might or might not be a dumbass and cover a football stadium with a circus tent. I don’t know. But the city did agree to build the thing using past economic models, and while that also might have been foolish, private companies do the same thing. Every one thinks growth is a god given right and by a no means unique sense of hubris think the American Empire will last forever. Well, I hate to break the bad news to you, but, newsflash, this was NOT reality before you were born ( or at least, were still filling your diapers ). That it lasted this long is super great. Good on the Can Kickers. But nothing lasts. And some things last a lot shorter than others. Like a canvas roofed entertainment stadium in the Great Lakes region. Or, you might do well to remember, a plastic wrapped sheetrock lined warped wood home with substandard materials built in at every turn, suddenly losing power for too long or seeing a five hundred year old flood, three years in a row. In other words, a dwelling dependent on the grid.
A grid already past its shelf life, overloaded to make more shelters as parents split off from children whose children split off into their own large dwellings, whose divorced children created yet again another set of dwellings, all vying for occupancy with illegal immigrants. Why, what better profit plan than to get every swinging cheese dingus living here to have their own apartment and their own car and their own oven and mattress and etcetera. But when you have less resources to go around, but refuse to stop needing more and more profits, what do you do? Anyone eaten a bag of chips in the last few years? Right, you raise the price and put less in every bag and cheapen the ingredients. Same with apartments and homes. Make the quality crap and raise the price ( although they do throw in a bigger bag size, even if you can’t afford to fill it with much ). The SilverDome had a roof that cost less ( to install-not to pay for ). At first. Then it needed the grid to keep it intact. And lots of repair cash. Just like your home. Without constant grid power and services it is quickly uninhabitable. Every home needs constant maintenance, but grid homes need that, AND constant energy inputs. Like the fans keeping the roof inflated on the Dome.
Now, as energy decline continues, how much would you like to bet your utilities will decrease? Anyone? Bueller? Hell no, they won’t decrease. They are guaranteed to increase by a wide margin, either to pay the company that has the politicians in there pocket, or to pay the government owned utility provider who always needs even more than the private company. And that is IF you don’t get a natural disaster ruining the grid infrastructure. Your income is decreasing and your grid services are more costly and without them your home you can’t afford to service starts falling apart until it is worth exactly dingus. Look to Detroit or New Orleans as a model. But without the insurance pay-offs. Granted, natural disasters are taking a huge bite out of their profit margins, even with the forced supplement of medical insurance, but that is not what will sink them. With the derivatives markets poised to implode, again, the insurance industry will go with it ( think AIG, times about, oh, a million, with no possibility of a government bail-out ) and nobody is going to see home insurance settlements in a very short time. It will be a complete homeowner and banker lose.
The grid might not go down via a EMP or CME, but it will go down by imploding investments, increased brownouts from financing a delivery with fuel issues, customers unable to afford the increased prices and public utilities losing all their operating funds and rainy day funds as the market fails. And then your “investment” is total crap. Once again, but this time for good. Are you sure you want to keep the tent propped up?
END ( today's related link http://amzn.to/2wYTBNo )
* By the by, all my writing is copyrighted. For the obtuse out there
Shopping for houses now. Generally everything is about 20K over and its a seller's market, everything going like hotcakes, averaging about 2 weeks on list for basic 4BR 2BA places. Some beach houses going cheaper or more, depending, but thats always been a wide sweep. Our housing never got bit like other ones. Taxes are variable, anywhere from 2k-6kReplyDelete
$6k for taxes? You can almost rent for that, if not exactly in your area, but close. RV space rent, what $4k a year? Housing is insane!Delete
Just like your home. Without constant grid power and services it is quickly uninhabitable.
How about in an article you tell us why it will be uninhabitable and what the average persons choices are?
Please do not say a bipod. They won't have the calories or dedication.
"Bipod"? Not sure what that means. Are you talking about my current residence? The one that earns income for the NOL? We can be living in the B-POD, she just doesn't want to unless she has to. Are you talking about an article about unplugged houses in general? I covered that before, turning the garage into a super insulated small home. Perhaps an article on a Mother In Law home in the back yard, with off grid capacities? I like that idea. I might do that today unless I get another idea. Mainly, you threw me off with "bipod"-not sure if you had another meaning in mind different that what I just noted.Delete
"they aint making more land”ReplyDelete
Will Rogers right? Well, it matters not, as while they ain’t making anymore of it, plenty of it will be freed up for the taking after the die off, which is both good and bad news depending on which side of the statistic you fall under.
The only way that I would consider a mortgage is if it were in a really low cost area, such as one of those homes selling in the Arkansas\Missouri Ozarks for around $20k. It will be older and need repair, and you will probably have to resort to the local Winn Dixie for employment, but you can probably have it paid off within a few years. At the same time be stuffing that basement that all old homes invariably have, full of edibles for the coming hard times. In the mean time, put on your best face of the poor struggling southerner that’s just barely getting by.
I didn't even remember the source of the quote when I dredged it up out of the bowels of my mind. Two folks I try not to use are Will and Yogi, as they are done to death. Of course, obviously, still useful. Today, I would try to avoid a mortgage regardless. But that is just me looking at the unholy alliance of Fracking Depletion, PetroDollar Demise and Derivatives Market. It could just be me being extra paranoid, I admit, but it just feels Any Day Now.Delete
“Today, I would try to avoid a mortgage regardless”Delete
So would I, but I’m unemployed so the option doesn’t exist for me. I meant for those that might have a semi-stable job for at least a few more years. The types of neighborhoods that I’m referring to are in semi-rural areas on large lots of a 1/3 acre or more. But you have put on the proper appearances (no fat family members and worn out clothing). Nothing screams yuppie green faggot like a roof full of solar panels, and a Prius in the driveway. Hopefully that nano-technology paint (the stuff that turns your entire house into a solar panel) will be available soon. That, or if you could find a way to hide conventional panels from plain view without blocking the sun; no mean feat there.
If I was looking, and had to finance, I suppose I wouldn't be adverse to a five year note, payable in three. Anything else? Really pushing your luck. I know the kinds of places you are speaking-and wouldn't have minded living there.Delete
Ground-based rackage for solar pv panels could be installed near the sturdy shed (maximum non-permit size to not trigger re-assessment of building taxes) that has an extra-good foundation and concealed sub-basement with shelves and fixtures for batteries/inverter/ventilation/water-storage. Pre-intalled large-diameter pvc tubing (Schedule 40 + so you can drive a truck over it) for wire runs/venting. Hexayurt is super-efficient for space-materials use, but looks less standard than a rectangle shed (sided with worst materials) that might be from Home Despot. Super insulated buildings need lots of attention paid to correct venting if people are going to be inside for long periods.ReplyDelete
Store sufficient panels in the shed to populate the rack, along with tools and supplies to do the install. The only way to be sure is to do the install and keep notes as to how many times you had to go to the hardware store for things you didn't have. Fill a binder with how and why with pictures.
Live on half of your income for a couple years (canx cable tv, trash service, reduce power & water consumption to almost nothing -while maintaining mandatory connection and minimum billing amount while living in the city-, move near enough to the job to easy-bike or long walk, sell the car/refund the tabs/plate refund unused insurance, stop paying for tires/shocks/repairs/oilchanges/fuel/parking/fines, look for biking clothing for all seasons) and you will have money to buy acres at grid coordinates of halfway between off-road and homeschooled with low-low taxes and a Sheriff's Deputy who gets out that far every month or so to check the road condition.
Frankly, it's embarrassing so few survivalists do this. On grid living is nice but buying into future failure. Enjoy now, but don't count on it.Delete