Changed my Opinion, The Millennials May Be Right

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Outdoors With The Morgans

Outdoors With The Morgans

Күн бұрын

Kubota SVL97-2 in the Woods, Fixing Trails by the pond, cleaning up burn pile, then got ready for perc test at neighbor Cliff's, the some firewood with the Wolfe Ridge
Eva's Latest Video on Ford vs GMC • Ford Super Duty vs GMC...
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Пікірлер: 807
@OutdoorsWithTheMorgans
@OutdoorsWithTheMorgans Жыл бұрын
Eva's Latest Video Ford Super Duty vs GMC HD kzbin.info/www/bejne/eaWYZYyuo8eFbaM
@hunterlogan2913
@hunterlogan2913 Жыл бұрын
Eva and trucks?? I remember your stick shift truck outing with her. I think her video like her parents entertaining & informative
@RKHarm24
@RKHarm24 Жыл бұрын
I saw the announcement. Your video was 1st today. Eva's will come a little later today/tonight.
@garysvinyldungeon2764
@garysvinyldungeon2764 Жыл бұрын
I watched Eva’s Video and really enjoyed her perspective of the 2 trucks , she is a natural in front of the camera, she is very entertaining.
@StellaHulliet
@StellaHulliet Жыл бұрын
Hey there! I just stumbled upon a new project called freebeat Morph 2-in-1 eBike, and it looks absolutely amazing! It's a revolutionary eBike that can be used both indoors and outdoors. The most outstanding feature is that it can be charged when used indoors. How cool is that? Plus, it has a powerful motor, front suspension, puncture-resistant tires, and a waterproof finish, making it perfect for any terrain or weather condition. And the Smart Saddle Detection+ feature is a game-changer, providing valuable insights and keeping you motivated. It's definitely worth checking out! Cheers!
@marknelson9615
@marknelson9615 Жыл бұрын
At my first adult job I earned $5.25 an hour and worked 45 plus hours a week. After 10 years of saving, we bought our first house in the early 90's. Paid $48,500 for a 3/2, 1600 sq ft, with half an acre out in the county. The first couple of months I couldn't sleep well at night worried how we were going to pay for it. Lived there for 15 plus years. Simple times. Also, Mike, watching today I was reminded of my grandfather. He was born in 1909, lived through the depression, owned an 80 acre farm, and wasted nothing! I spent a lot of my youth with him working on the farm. Those slabs that you talked about putting in the burn pit, he would have used as firewood. This was a man that had 5 gallon buckets of used nails. We'd spend rainy days straightening them because he refused to buy new nails. A different world from today.
@arresthillary9502
@arresthillary9502 Жыл бұрын
Insane amount of waste in this country You could live off what people throw away in this country
@foreverbrownsfan
@foreverbrownsfan Жыл бұрын
We purchased our first home in 1975 for $20K. Our next home was acquired in 1978 for $50K. Fast forward to today. Although we downsized in 2003, homes in our neighborhood are on average $400K. Always love hearing your perspective on a variety of subjects!
@nicholasthompson5325
@nicholasthompson5325 Жыл бұрын
Hi Mike. Millennials here. My wife is from Beaver County, PA. We know Cranberry well. We live in Frederick County, MD. We bought our first (and only) home for $289k in 2018. If put on the market today, our home would list for $410k. And, with current interest rates, we would not be able to afford the home we have now. Average price for this area is over $500k. Wages have gone up, but do not keep pace with housing or healthcare and other forms of inflation. We are looking to move north sometime soon.
@101numlock
@101numlock Жыл бұрын
Agree 100% I luckily inherited a home from my grandparents but I have also always hustled. I’ve never owned a new car and don’t drink or eat out much. I don’t have any student loans etc. Me and my wife both have good jobs and still feel like we are not getting ahead. Inflation has risen so fast in the last 3 years that I believe it will take a decade for wages to try and catch up.
@brianrizzi6321
@brianrizzi6321 Жыл бұрын
You are doing everything right and there is honor in that.
@woodmanhugh
@woodmanhugh Жыл бұрын
My wife and I have lived on my single income while raising our 5 boys. It wasn’t easy but God is good. My wife is resourceful and we lived within our means. We now are debt free.
@jimassemany9317
@jimassemany9317 Жыл бұрын
Purchased first house in 1974. 1200 sq ft for 25,000.00. Worked a full time job and a side job. I built my second home in 1985 for 130,000.00 and am still in it. Average homes in my area of South Carolina is 500,000.00 Love your videos
@tedbudzilek6113
@tedbudzilek6113 Жыл бұрын
I had a burn pile that I had been building for three years. Rain and snow over those three years and it didn't do anything to the firework remnants that we had been throwing in there. One spring, I lit the pile and about the time my wife got close to the pile with the mower, the cakes that hadn't gone off decided it was time. My wife jumped off the mower and was running across the field and I was on the ground laughing....yes I slept on the couch that night.
@Academy_Farm
@Academy_Farm Жыл бұрын
Millennial here. 🤚 Just wanted to chime in and let you know I've been watching your content since I was in my 20s when you started. You've served as a mentor of sorts. Lots of opportunities to seize if you want to get ahead today. Reading through the comments; I can't relate to buying a home when prices were lower, but my annual property taxes are $9K today. My grandfather shared stories of buying homes for $20K in the same town a couple generations ago...
@OutdoorsWithTheMorgans
@OutdoorsWithTheMorgans Жыл бұрын
Property Taxes are a killer, I follow some off grid pages and things like that. I always see people say they want to quit their job, buy a piece of land, live off grid and grow their own food. Sounds great but what about property tax?
@Academy_Farm
@Academy_Farm Жыл бұрын
@@OutdoorsWithTheMorgans Those folks must sell an awful lot of chicken eggs and firewood to sustain their tax bills...
@davidcheek3026
@davidcheek3026 Жыл бұрын
I live in Georgia, and our first home was built in 1975. Total price was $32K for a 4 bedroom split level. I worked for the telephone company and worried how I was going to pay the $320 per month mortgage. I know live in Marietta, GA and our home is valued at $847K for a 5 bedroom, 4.5 bath with 2000 foot unfinished basement on a 1/2 acre lot. Never thought I would be at this stage and I fully believe that those folks took the initaitive when interest rates were so low are the winners. However, for 20 years of mortgages, the lowest rate I ever had was 8.75% and never thought I would see rates as low as the last 15 years. I also worked 2 and 3 jobs like you. My wife made a good point that younger people want starting out what their parents built up. Finally, here in Cobb County, Georgia, when you turn 62, your school bond portion of property taxes drops out so on my home, we pay $2300 per year in property tax. There are reasons, people leave poorly run, high tax states!
@GodzHammer
@GodzHammer Жыл бұрын
I've said this before, but I live in Nebraska and I can't get over how identical our weather always is. 98% of the time we're experiencing exactly what you're experiencing. I totally agree. It is WAY more difficult for the millennials than anyone is giving them credit for. Everything is up 10X or more and salaries are no-where near that type of increase. Not to mention health care plans don't pay crap anymore.
@peterhenderson3694
@peterhenderson3694 Жыл бұрын
Hi Mike I bought my 5 acres in nokesville Va I 1979 for 22k. I built my 3k sq foot home all brick and block split foyer home in 1984 thru 1986 myself. I laid brick and block from march til November while working 2 jobs and renovating my moms house. I framed the upper level and bricked veneered the front before Christmas. Any way I spent 2800 for my conventional septic and 2500 for the 300 foot well. We moved in with the lower level completed unfinished spending 102 k which left me with a 65k 15 year mortgage. I was twenty when I bought the land and 25 when I started the build. In my day we grew up not having much and we hit the ground running after high school. I knew what I wanted and was determined to have it. That is the biggest difference I see with the younger generations they don’t want much more when they have it all there entire life IMHO. I send your vids to my grandson when there is machine content he loves them..
@matthewm8021
@matthewm8021 Жыл бұрын
In 1985, my parents bought a home on Long Island in New York for $120k. Yea, they didn’t make that much, but the house was also pretty affordable at that time. Today, that same home is worth close to $600k. My parents actually sold it in 2019 for $425k I believe. My wife and I (both millennials) bought our home in 2012 for $340k in SE CT. It is now worth somewhere between $550k and $600k and new houses being built, even on small lots, start right around $500k and are no where the size or land as my current home. We’re looking to build on a large lot somewhere in town, but it is hard to justify what will probably be the substantial cost to do so. As a side note, the term millennials is thrown around pretty loosely. Im 37, my wife is 38 and my sister is 40. We are all considered millennials. Millennials range from folks in their early 30s to early 40s, they’re not kids anymore. Most have homes, families, established jobs, etc.
@user-em6oy4wq9n
@user-em6oy4wq9n Жыл бұрын
When my wife and I got together we were both active duty military stationed in the DC Metro area. We got an apartment together and complimented it with second hand furnishings, pots and pans from flea markets etc. We got out of the military in 2001, and rented a home from my parents until we bought a home in 2004. Surrounding property values have basically tripled. School districts seem to compete with each other as to who can have the best athletic fields, and the most administrators while teaching positions go away or remained infilled. Times are definitely different from when I grew up. The same back road next to where I grew up saw a car or so about every 45 minutes. Now you have to look both ways to cross the street! We currently live in Southeast Pa. I could go on and on. Gas prices, college tuition costs, food cost, price of a gallon of milk to the consumer vs what the farmer gets paid.
@brucebello2049
@brucebello2049 Жыл бұрын
Hi Mike, we couldn’t afford a house when we first got married (1973) so had to do something out of the ordinary, I worked for a water company up in the So Cal mountains, as did my mother and my father before he passed, they had a scrap of land behind one of their water tanks which they sold me very cheaply, we than had a contractor build us a shell, a very simple shell which we finished off over time, like you I worked my main job and did odd jobs along with firewood, also was in night school. When the house was finished we had c. $37, in it, was a brilliant house on a great plot, wish I had never sold it really. Now, most houses in the area are $800,000 to $2m. We live in the UK now. My youngest is 37, trying to get her first apartment with the prices in our area starting at £300,000, she has a good deposit which she has saved over 6 years, but can’t qualify for a 80% loan as her income is not high enough, even with us helping. So I agree wholeheartedly that it’s mor difficult now for the younger generation.
@neilklokkenga3015
@neilklokkenga3015 Жыл бұрын
1st house on the farm was with the the ground,decided to put up a washa home, 30,000.00,but we done all the spectic,finishing, plumbing ourselves!! Moved to town, bought house for 45,000.00,not to bad,Moved couple times now in the wife's grand parents house, now redone everything!! But put another 30,000.00 in house but now we're 70yrs old!! Be here for ever!! Thx mike!! Love ur video's!!
@JT-sz7xc
@JT-sz7xc Жыл бұрын
Hi Mike, I live in central Indiana, my wife and I bought our first and only house in 1996, it’s a 1700 square foot 3 bedroom 2 bath ranch built in 1962 on a half acre lot. We paid $93k for it in 96, current value of our home is 293k, homes around us have appreciated similarly. Absolutely astonishes me that in 27 years our home has appreciated 200k, granted, we have done some minor home improvements, new flooring, interior trim and doors, paint etc, but nothing major or anything to increase the footprint, most of this work was done by my wife and I. I don’t think today’s generation has it any harder then we had it, my wife and I have worked hard, sacrificed many things in order to buy our home and make it what it is today The old saying is true, hard work pays off.
@DannyBuckets30
@DannyBuckets30 Жыл бұрын
Mike, I bought my current house in Dallas, TX for $318k in Apr. 2018. Current valuation/tax assessor says that my house is now $500k. No remodel. Added an 8ft fence and fixed some foundation issues. Absolutely insane what inflation has done!
@keithburch5506
@keithburch5506 Жыл бұрын
Very nice video today. I love being out in the woods w you. I envy you and your property very much. When I hear you tell the story of you and Melissa getting started, I just feel proud of you and your accomplishments. One of your best moves was to purchase that land. You told about retirees getting driven off their land. You have protection from that. Plus, you own a forest! Sweet. Anyone can do what you and Melissa have done if they put in the work. This morning, I sat and was moved by the enjoyment I got for 30 minutes w you moving dirt, splitting wood, and great conversation. I am very happy for you and thankful for you. May the Lord continue to bless you and your family for as long as you live. 👍🚜🙏❤️🇺🇸🇺🇸
@kenfifield2005
@kenfifield2005 Жыл бұрын
We're in Newfoundland, Canada. Bought our first starter home in 1997 for $125K, it was less than 10 years old and didn't need much attention. 2004 bought a 30 year old larger fixer upper for much the same price as we sold our first home for. Two years ago our millenial oldest daughter bought a 70 year old fixer upper and, including some borrowed money to fix it up, paid nearly double our first home. She'e a go getter and managed to get a home.
@beckyheinzeroth5057
@beckyheinzeroth5057 Жыл бұрын
1978 we purchased our first home, which was small and had unfinished remodeling, for 13000.00. Our current home was purchased in 2017 for 125,000. Homes in this low income area of South Carolina average 150,000 to 200,000. We watch every video and some we have watched twice. Thank you for all your hard work.
@johncocking5363
@johncocking5363 Жыл бұрын
Mike Morgan, I bought. my first home in a new area of town where they built probably 70 homes. It was 920 sq ft three-bedroom one bath home with full unfinished basement. on a corner lot. Just the house no garage. Price was 15,100.00 in 1962 in Iowa. Now in 2020 I moved from Florida to Iowa and bought an existing home with garage and an outbuilding. The house is two bedrooms, one bath up and one bath in the basement. The home is 1000 sq. ft. We paid 185,500.00 and put 20,000.00 into some remodeling. So, a little over 200.000.00 for about the same sq. Footage. Quite a change. Love your videos and the sharing of your family in them too. John in Missouri Valley Iowa
@craigsudman4556
@craigsudman4556 Жыл бұрын
Bought our house 41 years ago, with the help of our parents, which cost $ 65,000.00. The neighbors house to our south was just sold for 650,000.00! Ann and I are just amazed at the cost! Great video Mike thumbs up.
@davidnorbertpenn
@davidnorbertpenn Жыл бұрын
We live in Southeastern Butler county PA. Our first house we bought was in the north side of Pittsburgh for $16K in 1980. We spent 4 years gutting rooms and fixing the place up. Our second house was a brand new split entry in West deer. That was back in 1985 when Maronda homes was actually building affordable houses. It was a 3 BR split on 1/4 acre lot and we paid $54K. Sold it in 1989 and had Maronda build us a 4 BR 2 story in Hampton for $91K. Sold it in 1994 and bought an acre outside of Saxonburg and built another 4br 2 story. Lot was $23K and we spent $130K to build the house. 2 houses on our street recently sold. 1 was $470,000, the other was $539,000. I can't see how most people can afford a mortgage payment that high. Plus i agree with you 100% about property taxes. Think you own your home? Guess again. Don't pay your property tax and you will soon find out who really owns your home!
@houstonshores9744
@houstonshores9744 Жыл бұрын
Another great video Mike! I built my first house in northern Oklahoma in 1983 i was just out of high school and had attended a votech for carpentry. The house was a 1250 sqft in a sub division and i sold it for $55,000.00, and i had a new pickup that cost me a whole $7500.00. I am in north texas now and have been for about 20 years and own farm ground that i purchased for $1200.00 a acre . When i came here all of the old timers told me i was crazy for paying that price! Fast forward now and my farm ground will bring $25,000 a acre. I do agree with you things have got out of control on prices! There will be a correction point one of these days that will be huge! I am getting ready to build me a new house my old one is 100 years old and I have been stock piling building materials just before the pandemic. I have saved at least $100,000 on supplies for i recently went to the lumber yard and got prices currently and almost had a heart attack.
@oldmanfred8676
@oldmanfred8676 Жыл бұрын
Pilot Point 😊
@houstonshores9744
@houstonshores9744 Жыл бұрын
@@oldmanfred8676 hey neighbor i am about 60 miles west of you. Hope you are doing well with all this heat
@oldmanfred8676
@oldmanfred8676 Жыл бұрын
@@houstonshores9744, Staying inside until we leave for Michigan
@shaunjudy5284
@shaunjudy5284 Жыл бұрын
We bought our first home here in East Idaho in 2001 for $85,000. Bought our current home 5 years ago for $235,000. It is now appraised at just under $500,000. I could not justify buying this house for half a million dollars. We are super thankful that we purchased our home when we did. I agree that our kids will have it harder than we did. Thanks for making your videos Mike and Melissa, they help me unwind after a stressful day at work.
@lawrencetirrell8414
@lawrencetirrell8414 Жыл бұрын
Agree about the cost of living. I believe. It got worst & worth over each decade. I was born in 1960. My late mom always rented apartments up July 1986. We bought a house that year in Upstate New York. We couldn't afford the taxes in the decade of 2000. We still couldn't pay our taxes after her husband died in 2011. Her husband & me were on state & government disability programs. So. A neighbor bought over house & taxes. We lived it in my best friend's 2nd house. Then we couldn't afford T.V. services. So. March 2013 we stopped TV services. Then we moved again June 2018. We started renting, & able to afford T.V. & a family phone services. Then moved again in October/ 2021 We still kept our family plan. Then my mom died March 2023. I couldn't afford the $ 1,100 rent. ( They were going to up the rent to $ 1,200 that year!) I found a apartment in May 2023. It's $700. I pay part of a family plan & electric bills. I get so much $$ in my groceries too. It's tough to keep food in my apartment. Fortunately. I've got family 10 mins away. I've got a local housing & grocery social worker w/ me too. The cost of living is tough. I'm not complaining. I'm setting examples of my lives dealing w/ the cost of living. Have a good day Mike. Say Hi to Melissa, Hunter, & Eva. 🤔😖🙄😑😔😊😉👍❤️💜🙏
@markholmes1346
@markholmes1346 Жыл бұрын
I have to agree, shorts are a waste of time. I prefer a video that shows the process not just something from another video! I think OWTM has become my favorite channel and I follow a lot, must be the honest, real life video format, thanks for that M&M! Love all the equipment, probably because I was in construction for 30 + years! Looking forward to some WV videos! ✌🏼❤️🙏🏼
@dennisworkmansr.714
@dennisworkmansr.714 Жыл бұрын
I don't know how much housing is in today's world but in 1967 when my first wife and I bought our first house we paid 13 700 dollars on a 30 year contract. Yeah I'm old, I have kids older than you but like you said in today's world it has to be tougher starting out and yeah a lot of things are relative but it is amazing. BTW I really do enjoy your videos some of the things I don't agree with but most of it I do, I know you have been around long enough to ignore, (well mostly ignore) the nay sayers. Just keep it up, you are one of my favorite channels and I'm subscribed to over a hundred. I don't even bother turning on the TV anymore. Sorry about being long winded but at my age my fingers talk longer than I do.........lol
@Z-Bart
@Z-Bart Жыл бұрын
First house (still in it) 88K. Average home cost in my area now 350K. To build new, probably 700K.
@barryweigle1356
@barryweigle1356 Жыл бұрын
I don't know if anybody's ever mentioned this before Mike but I am glad. The backup beepers are not on your equipment sounds much better.
@OldSneelock
@OldSneelock Жыл бұрын
First house was 1960's 1200 sq ft ranch house on a third of an acre lot in a little town for $16000.00 in 1971. It was a fixer upper and I replaced the kitchen and remodeled the bath. Painted and cleaned the rest. Seven years later in 1978, after getting married we sold it for $23K and bought a 14,000 sq ft new tri level $48K house with a two car attached garage in a subdivision. The builder was caught in the market crash and took a loss just ot be rid of it. It wasn't finished so we remodeled and finished the lower level of the tri level. The next year we bought the one acre lot next door for $5K as an expansion. 1991 we sold it for $60K, Again we purchased a 14,000 sq ft farm house on 2 1/4 acres with lots of barns and sheds. It was a fixer upper for $60K. Did the most work on that one. Loved the house and the community. Lived there 21 years. Best house of the bunch. 2011 we down sized. We sold again for $120K and moved to a 1960's 1200 sq ft house with a two car attached garage for $60K. Fixer upper and we remodeled and rebuilt the kitchen and both bathrooms, During all the moving we stayed in about the same size house and changed communities. Odd that at the end we are in the same size house we started in that cost 3 times more than it did in 1971. I could have stayed in the original and saved 3 moves and half a million in mortgages and remodeling.
@geordiefinch
@geordiefinch Жыл бұрын
I agree with you Mike. My wife and I purchased our house in Thousand Oaks California, back in 97 for 230k. It was a "beater" for sure. Being young, we put alot of sweat equity into the property. Now houses in our neighborhood are going for 1-1.5 million. Our house was built in 63 and is not even 2000sf. 3 bed 2 baths. People are cashing out of their houses in LA and moving up to our neighborhood, to escape the awful crime and terrible schools in Los Angeles. A young family would need to make atleast 300k a year to afford anything decent out here.
@ronfoord8222
@ronfoord8222 Жыл бұрын
Thanks for daily vids look forward to your input as I'm almost bedridden with cancer viewing your endless variety makes my day.
@robertginther9248
@robertginther9248 Жыл бұрын
Why is it people complain to you about videos? They don't help make or edit them. They aren't paying for them. What makes them so special? Make what you make Mike & be happy with it. When they pay $5000 for a video then give them some heed. Otherwise tell 'em to bugger off. Thanks for what you give us: It IS greatly appreciated. Thanks again.
@lennyhall87
@lennyhall87 Жыл бұрын
So people, just like you are doing shouldn't share their opinions. Bugger off!! LOL
@ronallen6578
@ronallen6578 Жыл бұрын
​​@@lennyhall87Everyone has an opinion just like a rear end. Opinions make the world go round. I don't agree with everything Mike or even you think. Much like Mike has said, he doesn't care what people think of him. Those closest to you have a little say so, but ultimately it's your opinion about yourself that matters. This is just MY opinion😂😂
@lennyhall87
@lennyhall87 Жыл бұрын
Hope You Have a Better Day, Boscawen, NH
@MeTube1988
@MeTube1988 Жыл бұрын
I think people do it because negative comments get a reaction from Mike constantly and for some reason a small portion of people seem to enjoy being rude
@ronallen6578
@ronallen6578 Жыл бұрын
@@MeTube1988 I disagree. He may respond here and there both ways. With the growth of this channel he actually responds very little to comments, in my opinion. I don't consider a thanks or OK as a response.
@jeffcampbell1178
@jeffcampbell1178 Жыл бұрын
Bought our house here in Cincinnati in 1982 for $41K. I've maintained it pretty well. If I sold it, it would be move in ready. I have a full waterproofed basement, double wide concrete driveway, work shed, etc. The selling price in my neighborhood now is averaging about 200K without a basement and I've seen some for 295K with one. My property taxes are 10 1/2 times what they were 30 years ago.
@vancochran7344
@vancochran7344 Жыл бұрын
Our first house was $32,500. It was 1600 square feet with 5.92 acres. In Illinois the taxes are frozen once you get to age 65. You have to tell them each year your over 65. Crazy Like they think we get younger or maybe they hope we won't tell them and fill out the papers so they can charge more. We are still in the same house since 1981. It was built in 1932 and we put a 20 x 20 bedroom on in back in 2000. Now we are at 2000 square feet. We are both retired and in our 70's. We grow a big garden and 5-6 acres of pumpkins for the last 3 years. This year will not be a great year and maybe our last on a large scale. The rain , or lack of rain has not been a good thing for pumpkins. They are already turning early as the rainfall decreases. We grew 6300 three years ago and 4300 last year. This year we may be lucky to get 2,000 pumpkins.
@robertkavich7426
@robertkavich7426 Жыл бұрын
Mike . My first house , out side NYC on Long Island , cost $39900 for a Levitt Ranch in 1978 sold it in 1992 for $155.000 and we moved upstate to . Lockport NY, outside the Niagara Falls area with a job transfer . I purchased my next house for $125.000 with 13 acres . My current home is .2500 sq.ft. 3 bedroom brick ranch . I have added a 30x40 pole barn and purchased an additional 6 acres next to us . I am like you semi retired (LOL) but the property taxes are the killer !!!!! It does drive people from their homes for sure !!!! We just had our home appraised and it is in the $350.,000 to 400,000 ranger !!!! I have always worked my day job , plus had "SHADE TREE SIDE HUSSEL" jobs going so I could get the things needed . I agree with you and feel that there are way too many government mandates , plus the inmates are running the asylum !!!!! I think all this will come due in the not to distance future . I am retired and we are good , BUT the younger generation will be in for a rude awaking for sure !!!!
@MikeZMonroe
@MikeZMonroe Жыл бұрын
- Roadside Wood Shelter - Just a thought. Once you build your roadside sales shelter consider building it large enough for a wood container similar to what you just built. Actually consider two container.Stock both with for sale firewood and place one into the shelter. Keep a second one available fully stocked as a replacement. When sales depletes one container remove and place the second into the shelter. You got the idea. That’s a project for someone with too much time on their hands.😊
@ev2sqd
@ev2sqd Жыл бұрын
For the fun of it, I looked up my first house on Zillow, located in Fort Wayne, IN. I paid $38K for it back in 1980. The current Zestimate is $239,300. We're talking 1,540 sf. My current house in TX was purchased in 1997 for $110K and has 1,653 sf. Its current Zestimate is $416,300. To your point about property taxes, my assessed value went up 10% in the last year. The state legislature keeps kicking the can down the road on property tax reform, but this year, the state has a massive surplus. They took the surplus and gave everyone a big exemption off their assessed value, which should help next year, but it didn't really address the need for property tax reform. After a few years, my property taxes will be right back where they are now with a never-ending upward trend.
@BillB23
@BillB23 Жыл бұрын
I've seen her video and she knocked it out of the park. The improvement in storytelling and production values from the first to the second video is truly impressive. If she keeps at it and figures out her niche she'll go far. Heck, with her personality she can go far with eclectic content. I know you're one proud dad.
@jaytomson7052
@jaytomson7052 Жыл бұрын
So very true.
@haroldmessimer4949
@haroldmessimer4949 Жыл бұрын
Hi Mike, our first home in February 1992, $72k, 1,300 square feet on 1/2 acre. That’s all we could qualify for. Last year, we relocated from Indiana back to Newport, PA, we built our home 1,762 square feet on 8.75 acres with a pole barn and we are far north of $700k. Big difference in 30+ years.
@greglammers9905
@greglammers9905 Жыл бұрын
I bought my first home before I was married at age 19. A little two bedroom house with a single garage in the town I grew up in. $32900.00. I worked two jobs and paid extra every month. When we got married (September of 79) we had a bunch of our mortgage paid down. We drove old vehicles, didn’t go out to eat, and didn’t go on big vacations . In 1983 we bought our current home and property in the country for $53000.00 we bought it on contract for deed for 10 years @ 10% interest (which was cheap interest for that time) we had it paid for in no time. We saved and invested and I retired 2-1/2 years ago at age 62. Work hard and save, learn a trade. There are 24 hrs in a day. You only need about 6-8 hrs of sleep. Use the rest to build your dream.
@joannklostermann9244
@joannklostermann9244 Жыл бұрын
Hi from a city in Iowa. Bought my house in 1987. I think it was 39.9 . In 2020 it was 116 know its worth 159 thousand. It's a 3 bedroom raised ranch. Love your video's. I grew up on a farm 40 miles from here. Love the outdoors . Don't mind others... your video's we are here for the ride.... if you don't like them don't watch them. I love them
@Chris-jh3tg
@Chris-jh3tg Жыл бұрын
My wife and I paid $112,000 for our first home in 1994. It was a 1,600 sq ft house on 5.5 acres. The only way we were able to afford the home at the time was because I qualified for a VA loan, which meant that we didn't have to come up with a down payment. We sold that house in 2009 and built a 3,110 sq ft house on the property right next to the old one, again 5.5 acres. We sold the old house for $172,000 and used most of the equity to buy the new house, which cost $362,000. The equity in this house has been slowly rising until about a year ago. All of the property in our area is skyrocketing because of the new Intel plant that is moving in. I've seen 1 acre lots with 50 year old homes being listed for over a million dollars! Our new home has recently been assessed by the bank at close to 1 million. I think couples starting out are going to have to do what most young couples do, find a "starter" home and move up as their equity increases. I agree, most young couples are not going to be able to purchase a brand new home until they build some equity.
@adubbelde1
@adubbelde1 Жыл бұрын
First house in 1972 was $18,900. Sold it. 6 years later for $54,000. Built a house in 78 for $60,000. Sold it ten years later for $115,000. Built a house in 88 for $180,000. Added several things but sold it 8 years later at a loss in a bad market but had to sell due to divorce. In 97 I purchased a 1000 SF rambler for $103,000. Did a lot of remodeling and sold it for $227,000 in 15.we built our current for $375,000. Checked on Zillow yesterday and it's valued at $638,000. I don't know how anyone can afford housing in our area. 3 acre lot next to us is listed for $189,000. Wages are not commensurate with housing costs.
@onenuttybuddy
@onenuttybuddy Жыл бұрын
Hi Mike, I am 63 now, and retired. I am still living in my first home that I bought 1996. I paid $101,000 for my house and 3/4 of acre it sat on. The house it did not sit on the 100 year flood plain at the time. In 2000, after a hurricane past through our state of NC, my home almost got flooded out. Without needing to, I bought National Flood Insurance on my own. That was around $800/year. In 2001, the flood map was redrawn and my hose was now completely in the flood plain and the NFI was now required by the mortgage holder. Today, homes in my neighborhood, even homes, like mine that sit in the flood plain, are going for $325K - $350K. All of the homes in my neighborhood were built in the early 1980s. Thanks Mike
@brob-zy8zi
@brob-zy8zi Жыл бұрын
We got our first house in 2014. 3br 1.5 bath split level ranch, 1,592 sq feet for $121k. Not far from where you are at. We are still working on improvements. Replaced the windows, roof, furnace, we've had electrical problems... Fun times. Zillow etc says it's worth $170k now but I just don't see it in the area we live in. Great video!
@ArcherHHS
@ArcherHHS Жыл бұрын
35 years old millennial here. My wife and I bought our first house in December of 2009. Right in the middle of the crash, looking back we had no business buying a house, thank goodness we did! We got a 3/2 brick ranch on an acre for 112k. Sold that house in 2019. Amazing equity on it. Built our dream House on my wife's great grandfather's land. Average house here in GA is about 400k.
@donaldmartin8562
@donaldmartin8562 Жыл бұрын
I lived in the Akron, Oh area when I got my first home/condo. It was worth about 90K in 1986. I was looking at it recently on Zillow an it just sold for 92K, so in that instance there was very little inflation. Now I am in Tulsa OK and my home has gone up 70k in value in 4 years. So it all depende on locaation. Down here in OK yor 500K will buy you a very nice home with some land, say 1/2 to 1 acre. The only other thing to consider is the value of ore dollar today. Since we went off the Gold standard in 1971 the doller has had a steady downward value. But your right, ther wages have not kept pace with inflation by any means. My children are all in there 20's and I cannot imagine what they will face as the economy keeps changing. Well God is my source! Bless you all.
@jimmeeks206
@jimmeeks206 Жыл бұрын
Hey Mike, thanks for the update on the video schedule. Always look forward to opening the old laptop, tuning into KZbin and having an "Outdoors with the Morgan's" thumbnail pop up. I reallly appreciate all your hard work on the productions.
@ronallen6578
@ronallen6578 Жыл бұрын
Our 1st home was $26,500 and I remember my wife and I sitting in the bank office trying to figure out how could we afford it😂😂. $196.10 a month plus taxes and insurance. That doesn't hardly pay for cable or utility bill today. Built in 1996 a nice 2 story, FULL brick 2300ft PLUS 24x32 nice workshop for me. 1/2 acre lot in what was one of the nicer areas in town for under $200,000.I did all of the trim work, hardwood and tile flooring, built the cabinets out of Cherry and whatever else I could. Definitely saved some money. Today that house is over $300,000 and bigger homes over $400,000. We do lawn aerations and some of the housing developments we get into are unbelievable. $1,000,000 is low end in some of them. 7 to 8 to $9,000 monthly payments, plus taxes plus insurance, HOA fees and God knows what else. No one mows their yards, trims shrubbery, mulches or cares for their pools. Gotta have a pool😂😂. I don't know how you afford this. Constant new building sites starting at $350--$400,000 on houses crammed up against one another. You build anything today and it's sold tomorrow.
@quicksilver4547
@quicksilver4547 Жыл бұрын
Yeah Mike, starting out when I first got married was extremely difficult. My wife and I had to rent the second floor of an old farm house. I worked in a daytime job as apprentice in refrigeration. My wife was going to Teachers' College, I was attending classes, and maintaining a car in order to get to school. Finally we took a leap of faith and bought our first house which was $13,000.00. At that time , going into debt after having our first child was a real burden. My kids when they just married, were striving to buy what I had back then. They were in a frenzy because they were so deep in debt. I had to often remind them that I didn't start married life at the financial level I was at after 25 years of marriage. Like you said, you had to scrimp and save to get ahead in life. 🤯
@EOTG_AK
@EOTG_AK Жыл бұрын
Our first home in 2004 was new construction for 159k. We narrowly escaped it before the FL market crashed. Second house was in Alaska for 198k back in 2008. That home was built in 1982. We sold it for 315 after doing a ton of renovations over the decade we lived there. Next house was bigger and newer (2006) with a large shop and cost about $420k in 2018 and interest rates were 2.5%. Interest today would be over 6% and the house value is around $525! We couldn’t comfortably buy our own house today! All that said, i have 2 blue collar sons 19, 21 who are both in the trades and already closing in on $100k/year with nearly zero real expenses or overhead. So kids who are driven and willing to do real work can be extremely successful very young.
@farm38
@farm38 Жыл бұрын
My first house i bought when I was a 19yr old was just £500 that had a 3yr life pre-demolition. 2nd house when I was a 23yr old was £10,750 that was in the 70's and as you did I had a real job then worked 2 other jobs extra that began making more money than my real job that paid all the bills. allowing me to use that extra money to buy some land a 17.5 acres of grassland which was part of a bigger homestead that had been sub-divided, then each year built a building on that land that ended up becoming a farm-stead small-holding which we reside. I'm now a 67yr old and sold off my 2nd house recently that became my pension + I now together with my wife get the state pensions too. Property values much as you have stated in your video have risen astronomically as have rentals. any where's from £250k-500k just for a family house. where a starter house a 2 bedroomed semi £110-180k. On a happier note Yep Daughter Eve's 2nd Video she handled with ease and so informative as she said from a teenagers perspective. Well done Eva. Regards Farmer Steve. UK P.S. I think Eva will learn a lot from your wood bunker assembly too.
@KnotHome223
@KnotHome223 Жыл бұрын
We bought our home in a middle class neighborhood on Long Island NY in 1985 for $125,000. Today it’s worth upwards of $800,000. New construction in our area starts around a million bucks. Insane!
@jimconnor8274
@jimconnor8274 Жыл бұрын
I think You nailed it about the Millennials. Looking back as an Old Geezer. We started out building a vary small super effect 960sq foot starter home on a1 acre lot with a big garage for 20000.00 in Tupper Lake, N.Y.. That money bought all the materials in 79. 15 years years later sold it for 65000.00. Built Our current retirement home on 10 acres My parents gave Us as a wedding gift. Built this 1200 sq foot 4 bed 2 bath home for 50000.00 in 95. Here in Plattsbutg, N.Y..
@rickvance8964
@rickvance8964 Жыл бұрын
I think the difference might be expectations. Our first house was 80 years old and a fixer upper. We did a lot of work and later sold it to purchase a new (1 year old) house. If a young couple expects to graduate college and then buy a new home, THAT would be really tough. I think buying an older home and creating some sweat equity might still be similar... but what do I know, I'm just a boomer.
@jimschiller8465
@jimschiller8465 Жыл бұрын
Mike, great video as always, I bought my first property in 1978 after I got out of the Army. I just started a new job for General Dynamics, building Submarine for the government in Rhode Island, which I was making $4.26 per hour working 2nd shift. We have 3 young boys. The property had 2 houses, we lived in the big house and rented the smaller one, we paid $24,000. for both of them. You are right about working 2 or 3 jobs which i also did…..
@tknoerle1451
@tknoerle1451 Жыл бұрын
I hated CASTAWAY too. Mike, you are a man with a strong intellectual capacity & a skill for telling a story & an eye for the details, & I'll bet your I.Q. is at or above 145!!!!! The reason you can't stand such movies is likely the fact that you can't suspend disbelief ...when you know you're being given false or misleading details (unnecessary fluff, unwanted crap). You're right on in my humble opinion, & you are thinking like I do. I don't say this to boast even one bit, but I was tested and found out my I.Q. is 145... & I see clearly certain characteristics in you that I learned are in me. So I want to assure you, you do not need to apologize for your having sure-footed wisdom on a lot of topics. You can see the pitfalls, which many people stumble right into because they don't want to expend the effort to THINK with critical examination of the details. Way to go Mike... I'm in your corner! The U.S. dollar has been thoroughly DEVALUED & that is why EVERYTHING "costs MORE" ...because it takes MORE of the DEVAULED dollars to buy a home or anything ELSE. Our government is America's WORST enemy as the government "spends" more than they get from TAXING us AMERICANS! The more they "spend" (creating digital unpaid DEBT circulated as dollars) the WORSE the prices are. Both of the political parties DO THAT... it is a criminal enterprise generally known as the FEDERAL government!!!
@SwimCoach8
@SwimCoach8 Жыл бұрын
I live in a small community next to Hershey, PA. Purchased our home, 1960's development, just over 20 years ago. House was on the market 3 months and my parents felt we paid way too much. House is currently worth 2.5 to 3 times what we paid. Turns out our town and school district are quite desirable. Homes, in our neighborhood, sell in less than 10 days. Buyers get into bidding wars and run the prices 10 to 20 percent above asking. The craziest thing...Mostly cash buyers and want to settle within the month they purchase. Mid 30's to low 40's....Some with kids, some not. Another driver, The Penn State Hershey Medical Center. Our neighborhood isn't a doctors neighborhood...However, medical students and interns at Penn State have owned 2 or 3 of the homes for the least 10 or 12 years. Quiet area, 3 miles from the Med Center, 3 or 4 med students or interns can live pretty cheaply in one of these homes. Have met some of the parents that have helped the kids get a house together. Who would have thought that would help drive the price of real estate?
@dennismahonchak3228
@dennismahonchak3228 Жыл бұрын
We purchased our home in 1991, Wayne, NJ, for $165k. The house across the street just sold for 715k. The house that sold was listed for 649k. In three days they had 22 offers. This is a working class neighborhood. My wife and I saved for 10 years before we could buy. She was an RN and I was a Truck Diver. When we got married we were making less than 60k a year and the interest on our mortgage was 9.25%. PS I guess I should add we live 20 miles outside of NYC. Our park and ride is buses and trains into NYC and Newark's Penn Station. Great location and great school system.
@TheRobscott69
@TheRobscott69 Жыл бұрын
Hi Mike, we purchased our first house in 1973 for £6000, Then our second home in 1978 for £ 12,650. It is now currently about£360,000. Not a chance for the young ones to get on the property ladder. The only way is for parents to finance some of it. I find that quite sad in a way.
@berniejanssen2863
@berniejanssen2863 Жыл бұрын
Mike, Get your bow with a small line and shoot over that upper limb.pull a heavier rope over it. Pull a slip knot up to it and pull it down with the skid loader at a distance. As long as you have enough rope. A neighbor helped me get a maple tree down that was too close to the camp power line.
@samkittle4444
@samkittle4444 Жыл бұрын
We have proposition 13 in California that limits property tax to 1% of purchase price per year. This was passed back in the 70’s and still works pretty well for seniors as long as they don’t sell and buy new. The progressives keep trying to chip away but so far it’s still working pretty well unlike other California taxes. I seem to get more work done after watching your videos, long or short. You have a great talent for doing it right, don’t change a thing.
@user-fd7ss2ed3d
@user-fd7ss2ed3d Жыл бұрын
Hello Mike , I’m living in France in the alps near switzerland. Bought my House 350k€ (almost equivalent to Dollars), 20 years ago on 1/5 of an acre. Today, most of the new houses are built on 1/10 of an acre, the land alone is around 350k€. Price of houses is now well above 600k€. Some others regions in France are nevertheless cheaper. But there is a difference between lands you can build on, and those where you can’t. New Future law will prevent to build unless the equivalent surface is unbuilt somewhere else. This means that houses will be replaced by buildings. Thus the price of individual houses is raising up, and we can see more and more houses above 1M€. It is very difficult for young people in my area.
@jamessamuel1611
@jamessamuel1611 Жыл бұрын
That’s because Fall equals deer season!! Bought my current house (1984 Jim Barna log home) for $104k in 1996. I’m still here and it has appraised recently for over $300k and would most likely bring close to $340k. Other run of the mill small ranch home are selling for $160k whereas they historically have been sub-$100k homes. This all being in northern KY. I believe you are correct.
@bioniclife
@bioniclife Жыл бұрын
In 1989 I bought my first home. A duplex fixer-upper for 15k. Not one for me to live in, but one to build equity as a rental. Interest was 12% for a 20 yr term. Cash flow was postive, even after repairs/remodel expenses, and 13 yrs later, sold for a profit, which I appied towards paying off my later purchased primary residence. Nothing in life, that is worthwhile, is easy.
@helpeducateme6743
@helpeducateme6743 Жыл бұрын
Just a thought. Make that crate last longer. Put 2 angle braces across the top just to keep future spread on them side walls. Nice work.
@VikingShipExplorer
@VikingShipExplorer Жыл бұрын
I was thinking possibly a ratchet strap across the top opening so when your ready to move it you could pull the top tight and it would be easy to remove when brought up to the house.
@phillavallee4460
@phillavallee4460 Жыл бұрын
My first house, bought in 1983 cost me $26,000. Total taxes were $188 a year. I now live near Boonville NY. When I came up here, land was $500 an acre. Lucky to get it for $5000 an acre now, Hope to see you again at the Boonville Woodsmans Field Days.
@garypeterson1574
@garypeterson1574 Жыл бұрын
Mike, Love your commentary and 99% agree. housing is out of hand because DC is out of hand. I don't see the current situation improving unless we landslide in 24! I'm 75 and have, like you, worked hard for everything and still do most of my own repair and maintenance around here. Young folks need to get back to learning to fix things and working their way up the ladder. Rome wasn't built in a day. First house in 1980 32K...current home valued at 500K and paid for! Eva video great. We enjoy you guys greatly. Keep up the good work.
@davidmorse8432
@davidmorse8432 Жыл бұрын
Good comment Gary!
@realairplane261
@realairplane261 Жыл бұрын
I agree Gary. Young people want everything new and what their parents have, including vacation property and all the toys.
@RamblinRoadies
@RamblinRoadies Жыл бұрын
The property tax issue for retired folks is one thing California got right. Before blue became our dominate color, we passed Proposition 13. Prop 13,aa it's called, locks your property tax at the value of when you acquired the property, with a cap on increases of about 1 1/2% annually. We've been in a constant battle with the tax leaches for decades as "they" keep trying to end Prop 13. We also have a provision that allows you to take your low tax rate to another property if you decide to move and downsize if you are 55 or older. We purchased our first home in 1985 for $132k. It was 900 Sq ft. It is currently worth $1.3M. I was working as a carpenter when we bought that house. Carpenter wages have not increased 10x since then. Real wages have just not kept up with everything else. This is especially true for the past couple years.
@thomasryan8218
@thomasryan8218 Жыл бұрын
73 years old here,I wonder who is your oldest viewer and who is the youngest. Mike I enjoyed Eva's video this morning, have her do a comparison between the new Ford truck and the old Ford high boy.
@adampittman1624
@adampittman1624 Жыл бұрын
Hi Mike I been watching ur channel for a good while now I’m 34 years old I bought my first and only home about 12 years ago with that said it was a foreclosure house it set empty for years b4 I bought it I paid 119,000 but had to put some money into it not a ton but def had some time n money in it. With today’s market as crazy as it is i could sell my house for probably 300,000 thst seems to b bout average round here rite now and only goin up I just seen a house the other day was only on market for a day at 525,000 and was already under contract. Makes me stop and think what those ppl do for a living and what I’m doin wrong I couldn’t afford a half million house nor could I afford a 300k house and I’m like u have my real day job a side business and always doin other side jobs just trying to survive lol any who enough rambling hope u n ur family the best and god bless
@fleminj2pa
@fleminj2pa Жыл бұрын
I paid $35K for my first house in 1979 in the same general area you are in. The seller left all the furniture, which for a young, single guy, buying his first house was a big plus. My next home purchase was in 1994 and I paid $100K for an 1800 sq ft brick ranch in a neighboring township. My next move was to Fort Lauderdale in 2001 and that’s when things began to escalate rapidly. Wow! Talk about sticker shock…
@jimarsenault849
@jimarsenault849 Жыл бұрын
loved your daughters video she does a excellent job
@jamsoutdoors9955
@jamsoutdoors9955 Жыл бұрын
Great video as always. We bought our first home in 2007. It was a new construction home in a small subdivision…we paid $147,500. We sold it in 2013 for $149,000. I saw where it sold again a few weeks ago for $315,000 😮
@toolmantim613
@toolmantim613 Жыл бұрын
Wife (retired) and I (still working) were looking to sell our large house pre-covid. We were looking at a small modular. The price went from $155k to $225k before we could lock it all in. We purchased the land over 2 years ago for the modular. I thought the prices would drop but really haven't since lumber came back down. Crazy! Anyways, we are now living in our modular in North Carolina and have a cash offer on our old house of $230k. When this all started, I really thought we'd be ahead of the game, not really. With this being said, the cost of living is tough out here today.
@PineyGroveHomestead
@PineyGroveHomestead Жыл бұрын
We're living what you are talking about - well, septic, road, etc... as we go from raw improved land to something livable. Had no idea it was going to be this expensive, and we do a lot of the work ourselves like you do. Crazy! Tractor Hard. 🚜💪!
@tonytartaglio1298
@tonytartaglio1298 Жыл бұрын
Eva did a great job 🤙
@lonniechartrand
@lonniechartrand Жыл бұрын
Mike, my first home, in 1976, cost me $36,000, BUT, I was also only making $4.75 an hour. I was married and had one child mind you. My current home is now valued at $317,000, and before retirement seven years ago, I was making $42.00 an hour. This is over a span of forty-seven years. And like you, I was working an average of fifty hours a week at my real job, and then was also side hustling for my "spending" money. Today's generation only has it tougher because they have made it that way upon themselves. They don't save money, nor invest like we do, and they don't want to work at one job much less taking on extra work. As to the cost of homes just look at what our parents paid for their homes back in the day. The house I grew up in was built brand new in 1960 and was purchased for $16,000. I think they sold that house thirty three years later for $150,000. So in the scheme of things, I believe everything is relevant to each other. The cost of homes, wages earned, etc. The only thing that has changed significantly in today's society is work ethic.
@skapur
@skapur Жыл бұрын
Zoning laws and onerous building codes are the main reason housing is so expensive now. Even thirty years ago, you could build your own house. With the hew building codes, it is almost impossible to do so now. Zoning laws also drive up the cost of housing, a LOT. On top of that building permit fees have skyrocketed. Housing is still inexpensive in W Virginia because in most of that state, zoning laws and building codes are not as onerous.
@brianhildom9372
@brianhildom9372 Жыл бұрын
Morning Morgan's, great to have my coffee with you. My wife and I bought our first place in 1985. A trailer on 8.5 acres with a well and septic, paid 15,000$ worked our butts off and paid it off in 3 years. Used the equity and borrowed 100,000 and built a house in 1987. This place has tripled in value and unfortunately so have the taxes. My son is a contractor and can't believe how cheap stuff was back then compared to now!
@dougpurcell9738
@dougpurcell9738 Жыл бұрын
Eva did a great job about the 2 trucks 👍
@redeagle6842
@redeagle6842 Жыл бұрын
My wife and I paid $89,000 for our first home in Ripon, Ca. Four tears later we sold it for $164,000. then we bout our home in Rio Linda, Ca for $125,000. It’s on 2 acres. We paid it off three months ago after 30 years. We have been offered $675,000 for it. But we like where we live. Before I started driving truck I always had a side job. I’ve been driving as local driver for the last 10 years and have weekends off so I’ve been cutting and selling firewood for the last five years to make it easier to get by. You might be right about it being harder now than when we were younger.
@jamesdenny9347
@jamesdenny9347 Жыл бұрын
We purchased our first home in Highlands Ranch, CO in 1989 for $133,800 (1968 sq. ft., unfinished basement, property taxes around $1300). We sold it in 1992 for $157,000. That same house today is valued at $773,400 with a finished basement sq. ft. of 3137 sq. ft. and taxes around $4,881.
@michaelc.3812
@michaelc.3812 Жыл бұрын
Yeah Mike, it’s much more expensive. My first home was a beat up HUD home and I paid $53,000 in 1989 (now worth $300-400k). My home now cost $430,000 and is worth well over $1M, and I’m mostly retired and afraid we can’t stay here with the property taxes in Colorado.
@jmalone2758
@jmalone2758 Жыл бұрын
The home my parents built in 1960 was just under $20k. A 3br 1 bath full basement. The home I bought in 2020 is a 2br 1 bath full basement, det garage with 21x21 storage above it for $126k. Its safe to say $100k has been added to the cost of housing in my area. In Hawaii (where I rented for 26 yrs) $126k would barely make a down payment. The land the home sits on is $10k a square foot. There are ways to get a home cheaper but, you better do your research 1st. Lots of work ahead if you don't.
@bigsonslawncare
@bigsonslawncare Жыл бұрын
First house $63,000 average in this part of Va around $300,000👍🏾
@orchidsupplystore1722
@orchidsupplystore1722 Жыл бұрын
Prices have certainly gone up. Our first house was a tri-level, just over 1800sqft and we paid $16,500. Of course this was in 1972. I checked about 4 months ago and this house sold re-sold in 2021 for $247,000. If I were to build this same house today, it would be approx $400,000.
@greganlezark8850
@greganlezark8850 Жыл бұрын
It is very much the same over here in Australia Mike. We have a 5 Acre Block in Hartley NSW Australia. Around 2 Hours From Sydney. Have been looking to build since around 2019 down there but due to Covid it set us back. The build cost has gone up about 300-400k from The 500K we budget back in 2019. It is a 4 bedroom home not huge we are in our Mid to late 40’s both with really good paying incomes. There are ways that you can build cheaper but when you want it to be your forever home let’s just spare the Expense. So in our area the average Build cost on a standard house block runs at between 450K - 1M on average. Australian New housing market is just so up & down at the moment Interest rates expected to settle shortly. This video really hit home. Good to see it is not just over here in Australia that folks are doing it a little tough but also much the same in USA. Our first Property cost us in 1997 96.5k. Same we have hussled working 2 Jobs at times which is what you have to do these days just to get ahead. Huge fan of the Channel been watching for a few years enjoy it heaps keep up the great work I have gained heaps of knowledge for when we get onto our little Hobby Farm. Thanks keep up the great content. Cheers Greg A
@dagwood1327
@dagwood1327 Жыл бұрын
First house was a 1200 sq ft 3 bd Rm 1 bath ranch in 1976. $20K. I worked building locks and dams paying union wages of $8.38 / hr. When I got home I built cabinets as a sub contractor (birch plywood was $13). I fell asleep on the end of my bed getting undressed to go to bed most nights. I was 19 yrs old. Prices in my area run about $160 / sq ft and typically land is $5K an acre.
@yatidaum7980
@yatidaum7980 Жыл бұрын
We tried to buy a house in 1980, but home mortgage interest rates were 17%, Jimmy Carter was in office I believe, we ended up with a 3 yr land contract. We finally ended up buying our first home in 1989 for 58K when interest rates came down. Our home is paid for now, it's been an interesting journey. :)
@charlespeck886
@charlespeck886 Жыл бұрын
I started off with nothing and I still have most of it, LOL! 75 yrs old now.
@jimmeeks206
@jimmeeks206 Жыл бұрын
We paid $11K for our first house back in 1973 and $84K in 1993 for the house we live in now. It is 1800 S/F and is 40+ years old. It appraised for $300K +/- just a month ago and is probably the average house in our area. My kids all have their houses paid for like we do on my advise to them several years ago. I don't see how the "20 somethings" now a days are doing it except most are living in appartments like my grandkids are. Those things are being built everywhere around here.
@momusicfan
@momusicfan Жыл бұрын
1983 Superior, Wi 3 bedroom, 1 bath I bought for $28,500 with a brand new furnace installed at closing. Still own it. I replaced that gas furnace just 3 years ago with a high efficiency model.
@haroldledbetter2867
@haroldledbetter2867 Жыл бұрын
Bought our first house in 1985 for 76k, sold it in 2015 235k today it’s on the market for 499k. They did some nice landscaping and added solar heat to the pool but otherwise it is the same as we left it. Housing is out of control. We were paying 1163 in property tax when we sold. The people that bought the house had to pay 3400. Florida does have homestead exemption and a max limit on property tax increases to try and help long time property owners stay in their home. But there are still people who bought on the water that get forced out by taxes and insurance rates
@oldveteran7992
@oldveteran7992 Жыл бұрын
We purchased our first home brand-new in 1966 in Daily City, CA, with an ocean view. We paid $22,000. The home had a 2 car garage ground floor and 1st floor living area was a 3-bedroom, 1 bathroom with 1,110 sf of living area. Today valued at $1,150,110, what joke, that’s California where property and state income taxes and the state are out of control. Move to Silicon Valley area in 1972 and paid $44,000, sold it in 1996 for $750,000 and move out of California. Today the same SV home is valued at $2,425,000, 4 bedrooms, 3baths, 2 car garage, swimming pool/hot tub and 2,163 sf.
@Wawalsh1234
@Wawalsh1234 Жыл бұрын
My first house was $35k in 1989, sold it for $50k one year later. My current house cost $325k and the average in my area now is $600k, crazy.
@harrykeel8557
@harrykeel8557 Жыл бұрын
I think the main problem today is one that hits every generation, the cost of living keeps outpacing income. I am not sure what our first home cost, but it was a house trailer, and I was making 2.65 an hour running a small gas station, in 98 we purchased my maternal grandfather's place and some land for thirty thousand. True it was a great price, but I was required to make the payments ect. All on one ncome. We didn't buy much extra at all. But we made it through. I think you have a good topic thete, and it also depends on the person and how they manage their money. I have no idea what houses are in my area, but I am sure it's a t least 250,000, and more.
@ebony5766
@ebony5766 Жыл бұрын
The perk test is a racket by the county/state. My small 680 sq ft cabin with one bath & kit sink for two 60's something people. They wanted a 2000 gal tank and SIX (6) leach beds. The county health dept gave us a plot picture they claimed was our peoperty and that a perk test had been done 10 yrs before. .(raw land) Huh??? I had an independent septic contractor look at it and he said, "well, the longitude and latitude is in another county at the bottom of the state. They aren't looking at the right property." Our septic system finally went to a 1000 gal tank and 3 leach beds. From $22 k down to 13 k and that was 7 years ago. It's a racket.
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