Nov
29
2012
12

So, how *do* you raise two kids in a 200 square foot hovel?

Pardon my use of the technical term ‘hovel’ to describe these things: ‘shack’ simply didn’t have the same connotation of ‘lived in by a beaten-down peasant’ attached to it.

Step into an alleyway in the Northeast Washington neighborhood known as Stronghold, and you will see a vegetable patch, a campfire, a view of the Capitol and a cluster of what neighbors call “those tiny people, building their tiny houses.”

The people aren’t really tiny, but their homes are — 150 to 200 square feet of living space, some with gabled roofs, others with bright cedar walls, compact bathrooms and cozy sleeping lofts that add up to living spaces that are smaller than the walk-in closets in a suburban McMansion.

(more…)

Oct
01
2011
--

#rsrh Grim news for Democrats on housing front.

Very grim news.

Home prices are unlikely to recover before 2020 and mortgage defaults will persist for years, says a survey of bank risk managers out Friday.

The survey conducted by the Professional Risk Managers’ International Association for FICO, found that 49 percent of respondents do not expect housing prices to rise back to 2007 levels for another nine years. Only 21 percent of respondents said they would.

(more…)

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