Learning that the current housing boom is a very premium mediocre boom. Apparently cosmetic improvements command a very high premium and having dated but perfectly functional interiors etc gets you less of a premium.
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Damn millennials. Once Gen Z gets down payments together they’ll be buying absolute unit homes
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It’s not aesthetics driven, it’s pandemic-wfh driven. Aesthetics is just an unusually heavily weighted consideration
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If you’re willing to buy a 2010 interior rather than 2020 it’s like a $250k difference in LA (for $30k worth of superficial renovations)
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Those gimmicky smart thermostats seem to serve just this purpose
On a recent US trip, heard my uncle talking about how much higher homes with the glassy touch thermostats cost over the old school ones, even though these devices cost under $200 and a couple minutes to change
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It's become absurd, I've seen so many places with purely cosmetic improvements on top of fundamentally unsound structures. I guess they ask for so much because they can but still.
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Dunno how the U.S market works but in Sweden "homestyling" which sometimes meane renting classy furniture for photo-shoot before you sell is a must.
But it's kinda obvious isn't? It's just a sales funnel that's trying to convert to customer. Whatever works, works.
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Is it really that dumb?
Or is it that dated interiors are a good proxy for "needs repairs" and "poorly insulated"?
I honestly don't know, but I could believe the second.
"Cosmetic" improvements may pull in, by law, code-driven engineering improvements?







