Pardon me, I have in mind the location closest to us.
I think of these sort of houses as "rich man" houses; that is, building a decent space such as this one requires high tech and a good chunk of change.
I recently had a conversation with a woman who'd built her own solar-efficient farm house -- that is, built it with her own two hands: rebar in the concrete slab, concrete blocks for the wall, electrical, and plumbing. And nice and large to house her extended family.
Mortgages are cheap at the moment; and so are some homes. Houses in Detroit, for example, are basically free.
If the question is one of finance, and interest rates are low, I believe it's better to retain money in the bank (e.g., for periods on non-employment) and pay for a mortgage. Otherwise you risk having a home and no money for food.
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Some great ideas on this show, if you can watch it: http://www.channel4.com/programmes/george-clarkes-amazing-spaces
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I think of these sort of houses as "rich man" houses; that is, building a decent space such as this one requires high tech and a good chunk of change.
I recently had a conversation with a woman who'd built her own solar-efficient farm house -- that is, built it with her own two hands: rebar in the concrete slab, concrete blocks for the wall, electrical, and plumbing. And nice and large to house her extended family.
Reply
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If the question is one of finance, and interest rates are low, I believe it's better to retain money in the bank (e.g., for periods on non-employment) and pay for a mortgage. Otherwise you risk having a home and no money for food.
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