Goofballs on HGTV

[ea56]

This is why a lot of younger people don’t have two nickles to rub together, because they can’t wait for anything. I agree with Eddie in reply #18 above. Move into the home, live there a while, decide what you want to change then SAVE the money to make the improvements.

If people continue to refi and to roll home improvements and remodling expenses into their mortgages they will never have a paid for home. When you wait until you can afford the improvments you will be sure to spend your dollars wisely and you will really appreciate the improvments after you’ve live for a while with the things you didn’t like.

We waited 19 years before we could afford to replace our downstairs carpeting, the kitchen flooring and the bathroom floors. It was hard sometimes, but its sure nice to have no mortgage and to not owe anything for the flooring.

And from what I’m seeing the past few days about the stock market, I think we may be in for another recession. The real estate market prices are inflated again and people are once again pulling the equity out of their homes. It’s the set up for the perfect storm for another crash. And of course when it happens they will take zero responsibility for the crisis.

Eddie[this post was last edited: 2/5/2018-18:04]

 

[goatfarmer]

Better than Hometime

who remembers Wally's Workshop? With Wally, and Natalie Bruner?

 

[toploader55]

Yes Eddie.

I believe they should wait on all these improvements. And I love when the prospective buyer's wife is pregnant. And they're driving a Range Rover or something of that value.

I find it mind boggling how these young couples are banging out litters of children. Between the video games, designer sneakers (with lights) iPhones, and all the other toys I suppose the justification is we can save money through buying Happy meals and feeding the children crap food.

And we haven't even discussed Doctor's Bills and Orthodontics.

 

[askolover]

I'm amazed at how my coworkers, 99% of whom are less than half my age, live in $1k/month apartments, drive Lexus/BMW/Corvettes/Camaros, etc, have student loans, go on cruises and European vacations, and re-enroll in school at Vanderbilt of all places (very VERY pricey tuition), but they also make half my hourly pay after my 20 years experience (I'm almost topped out).  My house is paid off and the only debt I have is our new car.  Yet, I can't afford all those vacations, I'm saving up to pay cash for a new roof, yes I drive a Lincoln but it's not as expensive as one would think, and my commuter car has 250K miles on it all put on by me.  Maybe they're printing money in the basement.  Then all those young couples on HGTV with $2M budgets.....I want to know what they do for a living! 

 

I looked up home values in my area a few weeks ago and was utterly shocked!  If someone offered me what the internet said my house is worth, I'd take it and RUN!  But, like said above, I believe it's all about to change and not for the better.

 

[toploader55]

askolover...

EXACTLY.

And then last week on the Boston News, they were reporting that most Americans don't have $1000.00 in their savings. Just read a few articles.

https://www.marketwatch.com/story/most-americans-have-less-than-1000-in-savings-2015-10-06

 

[polkanut]

I only watch HGTV once a year, to watch the Rose Bowl parade.

 

[vacerator]

The mother/daughter

rehabbers from Indianapolis? Yeah, I can't say I'd bother with half the houses they try to save. Seems like it be cheaper to bull doze and start new.
I watch and read between the lines. The shows are scripted and edited for time management and drama. If you much about renovating, you can catch the skipped steps, or the mistakes which would later result in project failure.
Some are done in real life as well. Example; our kids had a kitchen reface done by a big box store. The back splash is a tapered marble subway tile. They didn't use a wooden starter beam behind the range, at it dips down there. Or am I too picky? It doesn't bother them. They also grouted at the counter top first row, and it's already crumbling. Only two years old. Now I'd say they should have put thin spacers there, to hold more grout, or like I do, used clear silicone, at least behind the sink.

 

[Ultramatic]

 

 

Remember HGTV shows are highly scripted and the people they choose must meet certain requirements. And that would include a certain social and economic status to appeal to HGTV audiences.

 

[speedqueen]

A statement on modern culture it is,

That what the HGTV focus groups find most appealing is watching rich, pompous, blowhards whine about how the paint color is a deal breaker on a 1.2 millon dollar house that the members of the group could never afford.

 

[fan-of-fans]

I watch some of the shows, like Rehab Addict, Fixer Upper, sometimes Texas Flip N Move (they work with some real dumps), used to watch Property Brothers.

I watch some on other channels like Building Alaska and Maine Cabin Masters.

The house hunter shows, I've seen most of the variations as some point in time.

Personally I drive a 17 year old car with 130,000+ miles on it. Don't see any reason for a new one right now. I was going to buy a house when the prices were low - but it was difficult, so I didn't move forward. Now, the houses are terribly expensive, if you look up the sales history it was never as high as what they are asking. Once in a while something comes for cheap. I'm either waiting on that or for the houses to go back down.

A lot of houses are being built now, and the lending standards are getting lessened again, which makes me think the cycle could repeat itself of what happened in 2007-2008. Makes me think it's better to wait then overpay and be upside down.

Plus, I'd rather have the thing paid off and not have to take a huge mortgage.

 

[dartman]

I like all the shows and of course most of them are scripted but it's supposed to be be entertaining and most veiwers have no clue what would be right or not. Mike Holmes still does shows and even has a reality home building show where every contestant ends up in a house they helped build plus his usual fixing crappy builds shows. He seems to be the real deal and has a foundation and all that to help folks in trouble with their houses. I do chimney tuck pointing and masonry repairs and I hate it when they paint brick work. Texas Flip and move is cool because they are fixing up very small low buck houses and auctioning them off for usually a great deal and everyone is happy in the end but pretty sure it too is scripted but still fun and lots of low budget ways to fix up a house nicely enough.
Still like the property bros and love it or list it but of course they are heavily scripted and there always is some disaster they have to fix and all that in every show. Lately they have been saying those cabinets or appliances are nice enough and we should donate them rather than destroy and dumpster them. I too have seen stuff that looked really well built and nice just destroyed.
When we bought this house one of the really nice things we liked was the kitchen appliances and cabinets were pretty nice for the cheap price they were asking. A lot of other things not so much but we've always had a poorly laid out kitchen with worn out appliances so we were happy enough and everything else critical was redone, just not always very well.

 

[vacerator]

Oh, some young

have much to learn.
Because there are some wealthier they are pompous? Some are, but some are not as well. I think some current leaders are pompous too. Bankrupt more than I also.
If someone can afford a stately home, I say good for them!
I recall one HGTV show where they decorated rooms with lower cost items styled after expensive designer ones. So if you watch, you can learn how to live in style with out an extravagent budget. They also always say paint is the most affordable change.
Some perspective buyers will scoff at anything about any property to try and low ball an offer. Some just have nothing better to do than attend an open house in their area to compare to their own. My brother in law listed their half million dollar Washington township home last spring only to have that happen. The listing said and showed pool photos, so why go and say you don't want a pool, then say you don't like the wood floor color when it was also in the listing photos? Oh, there are no granite counter tops. So you install them, then no one likes the color. Or the plumbing fixtures are a bit out of date, or the furnace is original. Well yes, the home was built in 1998, but if you can not afford to make a few gradual updates, why look at a half million dollar home? Try building a new one the way you want it for that price. Good luck. perhaps you do need to look at homes costing far less, especially since the asking has been reduced by several thousand already. That's the real estate game.
Even Queen Elizabeth is known to like some things simple.
One can moan all day long of those who have more, but doing so isn't affording one time to work at achieving more.
Hmm, maybe I am pompous. Owh behave!

 

[vacerator]

Zealot's yell.

Composed thinkers evaluate, then reply.

 

[speedqueen]

Thank you,

For calling me young and stupid for the tenth time on this forum.

I have no issue with people buying what they can afford, I never said anything about that. Of course not all people of wealth are pompous, I would not even say a plurality, only a few, however, the people that HGTV focus on tend to be. They see one speck of '90s oak and brass in a house and they won't touch it.

While this doesn't bode well for one's net worth, it is certainly nice to live in a state where home values allow more to own a home. What costs 200k here can be north of 400k in many other states.

As to your second post, did you expect me to hit the caps-lock key before replying?

 

[vacerator]

No, Richard, peace,

and I have never called you young nor stupid. In fact, you often sound much older.
I still learn every day.
Old guard is slowly dieying off.
I will too, but I try to be open minded and younger at heart. I have grand children, and I care about what their environment will be like, as well as their governing, economic, educational, social, and physical well being climates will be like. We don't want them to be like robots, or brainwashed into one set form of thinking. That's how we raised their parents.
If they wanted college, we supported it. If they had decide rather to pursue a career in using their hands either creatively or in the trades, we'd have supported them. Freedoms are choices. None are forced on anyone, or they shouldn't be.
Opinions are like rear ends. We all have them.
Kids in the 4th grade were calling each other Liberals or Rino's when I was in school. Both were acting very Liberal in fact.