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Even a $25K mobile home isn't a good deal if you are paying $700/mo rent for the space (as is usual out here). Better to buy a $150K home and actually build equity. The mobile home is more like a car - it starts losing value the moment you buy it and the valuable part of the asset (the land) belongs to someone else and you are paying the bill!
Seems pretty expensive for what you are getting. Plus NZ is like the USA high taxes and high cost of living.
In india tata group (yes, the multi-billion dollar conglomerate based in India) is building nano flats. Basically very cheap apartments. The basic units start at 3.9 lakh rupee (around 8.5k USD). You get 300-500 sq/ft for that price. Plus the home is BRAND NEW. Tata Housing
Even a $25K mobile home isn't a good deal if you are paying $700/mo rent for the space (as is usual out here). Better to buy a $150K home and actually build equity. The mobile home is more like a car - it starts losing value the moment you buy it and the valuable part of the asset (the land) belongs to someone else and you are paying the bill!
I have never understood the appeal of mobile homes. Instant depreciation plus lot rent make it a bad deal.
I can't help but wonder, if New Zealand can sell, small, inexpensive stick-built houses "off the lot" why can't America? This a great, affordable house. Check out the others on the same site.
(By the way, 48,000 New Zealand dollars is $37,830 USD at today's exchange rate)
Who wants to live in 300 square feet? Buildings like that in the USA would end up as crack houses in 5 years.
America is a large country with only 2% of it's land mass classified as "urban". We've got tons of space, so why not use it. Everyone here in rural PA has houses on 2-5 acres and there is still tons of empty land and forest, in fact almost all of it empty farmland and forest.
I have no desire to live cooped in some north korean style ghetto gulag where everything is the same. If people want to do that, they can have at it, but it wont be me.
There are 2 prolific posters on this board that extoll such living and in addition are road/car haters and both live in semi urban environments, one for sure in a mcmansion. As usual people like to flaunt these big ideas of communist style living but don't do it themselves.
Yes I understand that those places are for India and the up and coming economic class but it's a cog in the treadmill to something better.
Who wants to live in 300 square feet? Buildings like that in the USA would end up as crack houses in 5 years.
<waving arms frantically> I do, I do! (line stolen from a gum commercial)
I am SO TIRED of renting rooms in noisy houses occupied by partiers, thieves, homebodies with no job and no life outside the home (since they never go out, all their friends come over to party down!)
300 square feet of my own space would beat the heck out of what I have now...a 150 sq ft room in a small crowded house where EVERY ROOM is right next to/above/below the NOISY LIVING ROOM.
I don't have a car or a license, and need to live close to public transportation, so 98 percent of the land mass is of no dwelling use to me.
<waving arms frantically> I do, I do! (line stolen from a gum commercial)
I am SO TIRED of renting rooms in noisy houses occupied by partiers, thieves, homebodies with no job and no life outside the home (since they never go out, all their friends come over to party down!)
300 square feet of my own space would beat the heck out of what I have now...a 150 sq ft room in a small crowded house where EVERY ROOM is right next to/above/below the NOISY LIVING ROOM.
I don't have a car or a license, and need to live close to public transportation, so 98 percent of the land mass is of no dwelling use to me.
So you think it will be quieter in a cement block $8000 apartment that any naredowell can afford? It will be crack house central in no time.
There are plenty of studio or loft apartments in most cities.
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