From: unsettled on
T Wake wrote:

> I have done some looking through estate agent websites and the like, and I
> can now (with 99% certainty) state that there are no homes within a 90
> minute drive of the city where I work for under �100,000.

I agree you've done the ordinary homework. But you must realize that
it a real bargain did come into the marketplace the realtors, who
are the first to usually see such things, would never let it pass
through their hands without wresting any available profit from
a piece of real estate for themselves.

There are better bargains available, I'll bet even in your part
of the world, if you start really digging for them.

In Westbury NY, that's the first of the levittown developments
I'm talking about, sits a terribly shabby house on Hark Lane
with a hole in the roof with two sisters and a brother living
in it with nothing fixed since their parents died maybe 1965
or so. There's a hole in the roof and the ceiling on the 2nd
floor fell in. The father's 1962 car sits in the garage on 4
flat tires, utouched since he died since none of the kids has
a license nor could they afford instuance.

When the last of them dies or moves away, don't expect to see
this house in the available listings.

I can assure you that this is one of some thousands in a similar
state for various reasons within an hour of downtown Mahanhatten
NYC.

Now granted that empty lot is today worth US$ 300K, but if I were
an entrepreneurial youth today I'd head over there and cut them a
deal they couldn't refuse. Those houses have been split into
two flats in many cases. I'd have them *give* me the place, do
a rehab with me taking over the upstairs, and let them live out
their lives in a refurbished downstairs apartment for their trouble.

What BAH has been saying, and in this I completely agree, is that
almost anyone with some funds and an imagination can end up owning
a home/house. But one has to think rather outside the box to pull
it off.

> The vast (80%+)
> majority of jobs are concentrated in the city, with rural jobs pretty much
> being shop assistants earning next to nothing.

Yes. This too is true most of the time and for most people. Given the
internet and the sorts of things available to an extraordinary person
(define extraordinary at your own risk) there are some of us who
can make a fine living literally anywhere.

> Additional research over this last week has also identified that the
> "average" (with all the problems that term carries) price for a 2-bed flat
> in a Rural area is �110,000 and in an urban area it is �160,000.

> Now the VAST majority of jobs are service "industry" jobs with an average
> salary of �10 - 15,000 (Graduates get the top half). Managerial jobs get in
> the region of �20 - 25,000 but most of these are asking for a lot of
> experience so we can assume it will take a graduate 5 - 6 years to get to
> this stage.

So long as one is on a rather mundane/ordinary tenure track, yes.

> Although the origins of this debate are lost in the sands of time, the
> problem (no matter if /BAH chooses to admit its existence or not) is that
> for someone leaving school at 18, getting their first job at about �10,000
> per year have to be subsidised (parents or whoever) to live.

In 1964 I finished my formal schooling, had a wife, 3 children, and a
carry home of $5300. On that I paid everything and could have afforded
to buy the house I was renting but took a pass on it (to tweak Lloyd
a bit, it was in the Atlanta area and today is a black neighborhood.)

> If you are earning �15000 you will never get a mortgage for more than about
> �53,000. If you get a joint mortgage (two people) you dont get double the
> single, you get an extra lump for the second person - as a result even
> sharing a flat with a friend is not much help.

http://www.rurdev.usda.gov/id/502.htm

And here's an inteesting twist:

http://www.rurdev.usda.gov/id/515.htm



I'll bet if you were to dig deeply enough you'd find some similar
stuff in your country.

> The alternatitive is rent. Rent rises with house prices. 1 Bed flats in the
> city (the only place they exist) are being rented out for �800 per month.
> For some one on �10,000 a year this leaves �400 a YEAR to live on. Now, I
> havent tried it myself, but I would truly be amazed to see some one live
> (eat, drink, heat themselves, wear clothes and travel to - from work) for
> just over �33 per month.

I once actually rented, for a month, a two room house with no bathroom
facilities. I never moved into it, however. Once again, that was
in Lloyd's back yard.

>>The city near me owns a number of properties they ended up with
>>as owners because the buildings were derelict and dangerous and
>>abandoned. Often they experienced a fire, and essentially nobody
>>wanted them. I know of one that was sold by the state for a few
>>hundred dollars and again abandoned by the buyer when they
>>realized how rough the property was. Now that the buildings have
>>been torn down by the city (at city expense) the land is available
>>for a song (how does $2500 for a half acre city lot with water,
>>sewer, gas, electric, cable, and telephone sound?)

> How much would it cost to build a house?

Build? Not sure. Local building supply co will provide all the
materials for a 2 car garage with finished apartment above (less
concrete) for around 12K per their latest published catalog. We
build a lot of frame housing here in the US.

>>Interestingly one can legally install a house trailer on the lot.

>>Even more interestingly such house trailers, in usable condition,
>>are frequently given away for the cost of transport. Families
>>who lived in them for a few decades finally build a regular house
>>on their lot and *must* get rid of the trailer in order to occupy
>>the house.

>>It is easy, in this environment, to end up a mortgage free homeowner
>>with only a few thousand US$ cash in hand, and still be poor. For
>>God's sakes we're talking about being a homeowner for the cost of
>>an inexpensive car.

> Interesting economy. I dont tend to include trailer homes when I talk of
> "house ownership."

I'd have to see if anyone has done an inventory but in my county
I'd bet 1000US$ that at least 4% of all homes are trailers. In
some areas of Florida the percentage is much higher. We're
probably not quite as union labor oriented as you folks. Where we
are, for example Cook County, Illinois, they're banned from
installing any new ones. As a result, over time, there will be
none in the county.

My county incorporates "building code requirements" for trailers.
You can't just bring in and set up any old piece of junk. Florida,
generally speaking, has cable down requirements for permanently
situated trailers in order to keep the winds from tossing them
about.

BTW, last fall I bought a 32 foot "travel trailer" used for $5K.
It is immaculate, In fact the only thing that's aged is the carpet
in about 1/2 the floor space.

I could *easily* live in this thing. In fact, it would be ideal
for a couple. It has a 5 foot sliding patio door in it. Next
spring I am taking it on the road for a while, so for some
months it will be home.


From: Eeyore on


JoeBloe wrote:

> Eeyore <rabbitsfriendsandrelations(a)hotmail.com> Gave us:
> >
> >Galileo offers higher precision so can be used for entirely new applications.
> >
> >Graham
> >
> Tell me what you *think* the precision of our GSP system is, and
> tell what you *think* the precision of your system is going to be
> three plus years from now when it just starts coming online.
>
> I'll bet that you get both answers incorrect.

There are no 2 simple answers. It all depends on a nmber of factors.

Galileo is however capable of this...

" The encrypted Commercial Service (CS) will be available for a fee and will offer an accuracy
of better than 1 m. The CS can also be complemented by ground stations to bring the accuracy
down to less than 10 cm. "
http://en.wikipedia.org/wiki/Galileo_positioning_system

Here's GPS for comparison.

http://www.gartrip.de/long.htm

Graham

From: Eeyore on


Lloyd Parker wrote:

> "T Wake" <usenet.es7at(a)gishpuppy.com> wrote:
> ><jmfbahciv(a)aol.com> wrote in message
> >> kensmith(a)green.rahul.net (Ken Smith) wrote:
> >>>Eeyore <rabbitsfriendsandrelations(a)hotmail.com> wrote:
> >>>>
> >>>>As a kid I recall it was unheard of not to be Christian. Now no-one even
> >>>> blinks an eye about it but I would like to see our first atheist Prime
> Minister
> >>>> though.
> >>>
> >>>The trend is the other way in the US. A smallish fraction of "christian"
> >>>thinking has gained a large following and significant power since the
> >>>1940s. The real threat (long term) of extremists is from the home grown
> >>>ones.
> >>
> >> That danger is now secondary in a list of priorities. The danger
> >> will disppear if Western civilization is destroyed.
> >
> >Well, as the chances of "western civilisation" being destroyed in less than
> >a generation or two is almost non-existent, it seems this is a more pressing
> >concern.
>
> I love these right-wingers. Man can't damage the earth with CFCs or global
> warming, but a few radicals can destroy western civilization.

There's a questionable presumption there that 'man' is responsible for global
warming.

Graham

From: JoeBloe on
On 14 Dec 2006 06:45:41 -0800, crank_hunter(a)yahoo.com Gave us:

>Crank Alert is a free service by Crank Hunter


You service nothing but your own bent brain, dipshit.
From: JoeBloe on
On Fri, 15 Dec 2006 00:19:34 +0000, Eeyore
<rabbitsfriendsandrelations(a)hotmail.com> Gave us:

>" The encrypted Commercial Service (CS) will be available for a fee and will offer an accuracy
>of better than 1 m.


You have already lost. GPS is more accurate than that.