Apartment Complex Living in the Future

I noticed While in Queensland where there is non stop multi story appartments being built , they are now using what I call standup walls ( don’t know the proper name of them ) they are pre made huge slabs of concrete
One such being constructed right now is 71 stories

Welcome to Royale Gold Coast - New penthouses and apartments for sale

Maybe they are better to keep the buildings stable and prevent cracking ( due to the soil being very sandy that have trouble with buildings sinking on one side ) making them unliveable
 

MACKTEXAS said:
My home is worth several times over what I paid for it, but that means nothing to me, because I'm not planning to sell it. Although my heirs will benefit from the increased value when they sell it, that also means little to me, since they are cousins (not my children) who already have far more money than I do, and would have no interest in living in my home.

The reason I don't sell it and move to an apartment is because I don't qualify for assistance, and an apartment that rents for $3000 today might be $6000 in a few years.
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Same here. Mine is worth a lot more than several times but I still dont plan on moving to a smaller place.
I have a two story but theres plenty of space on the first floor. First floor is pretty handicap accessible if needed.
Doorways are wide and theres no steps. The husband and his walker managed just fine.

I cant see me living in an apartment. Or a condo.
 
MACKTEXAS said:
My home is worth several times over what I paid for it, but that means nothing to me, because I'm not planning to sell it. Although my heirs will benefit from the increased value when they sell it, that also means little to me, since they are cousins (not my children) who already have far more money than I do, and would have no interest in living in my home.

The reason I don't sell it and move to an apartment is because I don't qualify for assistance, and an apartment that rents for $3000 today might be $6000 in a few years.
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Ditto with our home value, along with the fact that we don't plan to sell. The downside is that property taxes have risen, homeowners insurance costs have risen and so have maintenance costs.
 

That Lady in PA said:
Those apartments would not be built if people did not want to live in them.

Ticky-tacky, stamped out of a mold, apartment housing is no different than a ticky-tacky, stamped out of a mold, housing development, like Aunt Bea pictured.
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When I see cookie cutter houses like that all lined up in a row, I think...nobody better get drunk and come home at night. They might have a hard time figuring out which house is theirs. :LOL:
 
debodun said:
Do you think the day will come when no one will own their own house? Places like this are spouting up all over here (and this is a fairly rural area). Everyone will live in a ticky-tacky, stamped out of a mold, apartment housing. No individuality!

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Some people in my family used to have homes and now they have apts. of or condos. I've never had a house either but wish I did! I'd love to have a nice little house in the country with some little dogs and cats and win the lottery too that's as far out as the other!
 
debodun said:
Do you think the day will come when no one will own their own house? Places like this are spouting up all over here (and this is a fairly rural area). Everyone will live in a ticky-tacky, stamped out of a mold, apartment housing. No individuality!

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That may look good to me when I get where I don't want to upkeep a house and yard.
The problem is they're pretty now but will they be trashed in ten years? Or three?
 
OneEyedDiva said:
When I see cookie cutter houses like that all lined up in a row, I think...nobody better get drunk and come home at night
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That happened to a friend of ours. He lived in a large mobile home park, right in the middle of a long row of mobile homes that all looked the same, was hard of hearing and lived by himself; got up one morning and saw his front door had been kicked in and there was a drunk guy who lived just the next row over passed out on his couch.
 
seadoug said:
Ditto with our home value, along with the fact that we don't plan to sell. The downside is that property taxes have risen, homeowners insurance costs have risen and so have maintenance costs.
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Those taxes, insurance and maintenance costs with a multi-family complex will be passed on in raised rents. You just can't avoid them.
officerripley said:
Another downside is that the older you get, the more you have to pay someone else to do work you're no longer able to.
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^^^^ THIS!
 
It used to be like that when I was a boy Deb, all or
most of the houses in the villages, were owned by
local coal mine and only workers there got a house
for a very small rent, they also owned the local grocer
shop and a local bar, so the workers gave their wages
back to the mine owners.

Mike.
 
debodun said:
Do you think the day will come when no one will own their own house? Places like this are spouting up all over here (and this is a fairly rural area). Everyone will live in a ticky-tacky, stamped out of a mold, apartment housing. No individuality!

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College kids / Families go for it.
Why are many youth buying a lot and putting a 12' X 12" X 18 / 24", Pole shed with a tiny home / Camper in it. Maybe they will put a family home on it later?
 
Fritz said:
I don't understand this...if you're a senior and living on less money, why do they charge $5000 a month for a 55+ place? It makes no sense.
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I would guess many seniors own their homes and when they downsize the proceeds from their homes helps cover the cost. In my mother's case, she moved to an assisted living facility that cost $7000 per month and the proceeds from her home almost exactly covered her time there.
 
OneEyedDiva said:
When I see cookie cutter houses like that all lined up in a row, I think...nobody better get drunk and come home at night. They might have a hard time figuring out which house is theirs. :LOL:
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When we went to Ireland it was common to see rows of terrace houses (as you do throughout UK too) and all the front doors were painted different bright colours.

Apparently this started as a way to avoid trying to get in wrong door when coming home drunk i n the dark
 
debodun said:
Do you think the day will come when no one will own their own house? Places like this are spouting up all over here (and this is a fairly rural area). Everyone will live in a ticky-tacky, stamped out of a mold, apartment housing. No individuality!
Click to expand...


In Australia - no I dont, Although some areas have high rise apartments like that, most of Australia does not.

also of course, one can own an apartment - and many here are owned by individuals. (as oppossed to whole block being govt owned or owned by a big company)
 
Many multi-unit apartments are being built along major boulevards with public transportation throughout the SFBA. Unfortunately, real estate corporations and REITs have been buying up a fair amount for rental income use. And they along with their loaning banks are the ones most guilty for the ridiculous rising residence cost inflation. The majority of overall apartment rentals by corps is still low, however those stats don't look as skewed if only including new multi unit building as many multiunit apartments by individuals have been lived in for years. Benefits real estate corps and Wall Street that push endless infrastructure and population increases while quality of life generation to generation falls.

In any case, I as one pushing planetary sustainability, am one that does not subscribe to endless unregulated capitalistic infrastructure and population growth. Here in California it is an abomination.
 
Fritz said:
I don't understand this...if you're a senior and living on less money, why do they charge $5000 a month for a 55+ place? It makes no sense.
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Because they can. U.S. is a capitalism system. Money is king, not moral. The majority of the revenue goes to the owners and share holders of such senior living facilities for the sole purpose of making profit. Any unpaid portion of the senior bills will go to and be collected from Medicaid.
 

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