Yup
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Be sure to read this post! Beware of scammers. https://www.indianagunowners.com/threads/classifieds-new-online-payment-guidelines-rules-paypal-venmo-zelle-etc.511734/
How bad is inflation?
- Thread starter smokingman
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It is going to get much worse. Interest alone will pass 1.6T this year.
www.zerohedge.com
US Deficit Tops $1.1 Trillion For First Six Months Of Fiscal 2024 As Spending Hits 2024 High | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
Why the US Debt Is Unsustainable and Is Destroying the Middle Class | Mises Institute
More units of public debt mean weaker productive growth, higher taxes, and more inflation in the future. All three are manifestations of a slow-burn default.
Since land costs the same no matter if you build a small house or large house, I think we have seen the end of the traditional starter home. Every new house I see going up is 2+ bedroom and 2 bath. The one bedroom, one bathroom, with a full kitchen, living room, and garage is a thing of the past.
The smaller house, under 2k sqft, is much more affordable than the 3000+ sqft homes that were being built 20 years ago.
If people want to buy them, someone will build them.
Good luck with that... Just got the property tax bill. Our taxes have gone up 4 times what they were 12 years ago. They said Indiana has a 1% cap on our property tax, now I am looking over the tax bill and it is 1-1/2 % of the property value. The percentage has not gone up much. But they play the game and say the property value is much higher.
Smallest home in my development was 1600sqft and that’s not even counting the attached garage!
Fishers aims to downsize new homes to meet changing demand
Fishers is trying to get ahead of a new wave of homebuyers who are seeking cheaper and smaller houses that require less hands-on maintenance.
www.indystar.com
This article was written in 2019 and is still talking about affordability and how construction codes essentially eliminated 1,000sqft “starter homes”. Basically your local .gov legislated them away to attract higher earners in an attempt to make their county nicer.
When I think of a "starter home" I think of a smaller existing home, not new construction. 
Of course now you can't even buy a pickup truck for what I paid for my "starter home".
Of course now you can't even buy a pickup truck for what I paid for my "starter home".
Are you Rip Van Winkle? Did you just wake up? The new construction starter house has been mostly 3 bed 2 bath for decades in Indiana. There are not many 1 bed houses from even the depression era.
Typically is costs about $150 per sq ft to build a starter home in Indy area. If we drop Dean’s 1600 to 1000 the cost will rise dramatically. Why? Because the cost is biggest in the kitchens and baths. The extra two bedrooms, larger living rooms, etc. cost $50 a sq foot. The economics work out better for all.
Then most of those 2BD/1BA had no place to even put a modern appliances like dishwasher and microwave. They also were on a basement that gave a place for storage that modern slab homes do not have. The market is working.
Then most of those 2BD/1BA had no place to even put a modern appliances like dishwasher and microwave. They also were on a basement that gave a place for storage that modern slab homes do not have. The market is working.
This.Smallest home in my development was 1600sqft and that’s not even counting the attached garage!
Fishers aims to downsize new homes to meet changing demand
Fishers is trying to get ahead of a new wave of homebuyers who are seeking cheaper and smaller houses that require less hands-on maintenance.www.indystar.com
This article was written in 2019 and is still talking about affordability and how construction codes essentially eliminated 1,000sqft “starter homes”. Basically your local .gov legislated them away to attract higher earners in an attempt to make their county nicer.
And what incentive does a builder have to build smaller homes when the big ones sell so quick?
Correct , the house that was just built 2 plots north of my house sold for 40k above list. Someone could have had it built in 5 months and just pocketed the extra cash but that’s the current market. I am interested to see when the tax assessor comes around to try and jack my value up.
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