Houses Under 50K

Why are we down to so few housing choices.

1. Buy a new mansion that no one can afford.
2. Buy a second hand home that is crumbling down and still too expensive. 3. Rent and never build home equity.

Where is number 4? Why do all new houses have to be mansions and be so expensive? What new home buyer can afford a new home? Few millennials can. Want people to buy homes? Then build new homes for less than 50k, $50,000.

How?

When you ask that question to any innovative architects, each has a dozen answers on how to make stylish, affordable, non cookie cutter, homes at affordable prices. Many allow homeowners to add on to their new homes as their incomes improve.

These well designed small homes are perfect for newly married young couples, single parents and their kids, and seniors living on their own.

So what’s keeping this from happening?

My idea is that rich people don’t want a ghetto of poor people next to them, even if they are owners of new houses. The fifties had a building spree, but all the houses, tract houses, were congregated together and were exactly alike. The rich don’t want low cost housing in their backyard, and the new home buyer doesn’t want to be in a low income ghetto either.

Here’s the solution.

Make affordable houses, but only a few here and there. I saw one architect who suggested putting a complete small home as a self contained pod, on top of an empty roof! (See Werner Aisslinger’s LoftCube, a prefab pod home.)

Now if he could do that, why not two or three prefab pod homes, not only on a flat roof downtown; but, on a single tract of land in a mixed development neighborhood?

Many major cities have vacant lots. Instead of leaving them empty we could fill one here and two there with 3 or 4 small affordable homes.

More than once, I’ve said that any company that can develop a small attractive completely contained home, could make as much money as the first manufacturers of cars did with that invention!

Time for new solutions. This is one that is due. Having home owners stabilizes a community like nothing else. People who want their own homes, should have a way of getting them. This is a good way.

More of everything at tomhendricks.us

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Here is an earlier post on Housing costs.

I’ve always thought that that manufacturer who can build a modular one or two bedroom home that can virtually be droped from the sky anywhere – would become as big and successful as any major car manufacturer.

Through this period of excessive house building that led to the economic crisis we are all now in, I was saying, why are these houses so big and so expensive? Then the housing bubble burst and we are still collectively paying for the housing/banking crisis.

But in the future, why not a small one or two bedroom, well designed, not cookie cutter, $30,000 cottage with basics. Then let the homeowner add on as he moves up. Washer/dryer, garage instead of carport, etc. There seem to be many architects that love to design the small house. Even modular housing could be made that is artistic and distinctive – why not support these architects and help people get homes again?

Time to remember what happened to baby carriages. They got bigger and bigger. Then one person invented one so small it could be carried in the car. That soon wiped out the competition. Smart builders could learn a lesson from baby carriages.
I’ve always thought that that manufacturer who can build a modular one or two bedroom home that can virtually be droped from the sky anywhere – would become as big and successful as any major car manufacturer.

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2 Responses to “Houses Under 50K”

  1. musea Says:

    Time to remember what happened to baby carriages. They got bigger and bigger. Then one person invented one so small it could be carried in the car. That soon wiped out the competition. Smart builders could learn a lesson from baby carriages.

  2. musea Says:

    Update,
    Remember this. No one minds a garage apartment behind a mansion.

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