Author Topic: I visited a new home development - WOW!  (Read 6446 times)

craiglepaige

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I visited a new home development - WOW!
« on: July 05, 2018, 12:41:59 PM »
So last Sunday, of course the hottest day of the year, I helped friends move into their newly built house. Nice house - not a McMansion by any means but rather a normal 3/2 home for a family of four. The homes were not the issue here.

While driving around the new development, me being a car guy, noticed one vehicle older than 5yrs old - that was a 2014 Lexus RX350.  Besides that I saw 4 cars with 30 day tags. On my friends' street I counted 8 full size pickup trucks.  This is all in a development which has only been opened for business for less than two years.

But the one thing that blew my mind was my friend's coworker who moved into his new home (with wife and kid) about 3 weeks ago (I was told). Given that this home builder doesn't provide any type of landscaping, the husband was doing some grading in his front yard. He lives 4 houses down and across the street from my friend. Now next to my friends' house was a new home being built, with a 20ft dumpster out front. This guy would put one home depot orange bucket full of gravel/dirt in the back of his small suv, and drive it from his house - 4 freaking houses down - and dump the contents into the dumpster. We were there about 3 hours moving stuff in/out and he kept driving to/from dumping gravel/dirt into the dumpster. He also left the suv running while he went back to get more gravel/dirt because as he told my friend on his first trip - those 20 seconds make it bearable.

Considering that he was already doing this before we got there and he was still doing after we left, I'm sure this guy spent 5-6 hours letting a small suv idle and driving 60ft from house to house, all to dump a bucket full of gravel/dirt every 15-20min.

WTF?????????

craiglepaige

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Re: I visited a new home development - WOW!
« Reply #1 on: July 05, 2018, 01:32:10 PM »
Mod - this can be moved to the "over the fence" thread.

TheGrimSqueaker

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Re: I visited a new home development - WOW!
« Reply #2 on: July 06, 2018, 09:47:38 PM »
Mod - this can be moved to the "over the fence" thread.

Well, they aren't *his* neighbors, he just helped someone move into West Stepford.

gpyros85

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Re: I visited a new home development - WOW!
« Reply #3 on: July 17, 2018, 01:58:59 AM »
I noticed this also when I moved into my community. I was the first lots in the community 4 years ago (got pre-construction pricing) and I noticed a trend that 75% of families after moving into a new home purchase a new car... It's like a right of passage....


I don't get the couples who go out and buy TWO new cars at once!! Weew...

LiveLean

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Re: I visited a new home development - WOW!
« Reply #4 on: July 18, 2018, 11:21:34 AM »
We moved in the same week as our next-door neighbors 19 years ago. They've gotten leased cars every three years and they've hit all the trends -- BMW, that Lexus SUV that was popular for a while, before settling on a series of Benzes and Audis.

The money alone we've saved over that stretch by paying cash for lesser cars and driving them forever has us on the way to FIRE.

patchyfacialhair

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Re: I visited a new home development - WOW!
« Reply #5 on: July 18, 2018, 02:05:51 PM »
I think it's a new development thing for sure.

We were under contract on a 3 year old house before we ended up backing out and getting our 20 year old house. It seemed that everyone had new cars in the new development, so much so that we'd get weird looks from curious neighbors whenever we'd drive through.

Despite the older home being older and more dated, the values were about 75-100k more than the new development area. Other than a few folks here and there, most drive normal, economical, used cars, including us. In fact, my neighbor grosses over a million a year, yet his cars and house are just as old as mine.

FIRE@50

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Re: I visited a new home development - WOW!
« Reply #6 on: July 18, 2018, 02:12:16 PM »
I noticed this also when I moved into my community. I was the first lots in the community 4 years ago (got pre-construction pricing) and I noticed a trend that 75% of families after moving into a new home purchase a new car... It's like a right of passage....


I don't get the couples who go out and buy TWO new cars at once!! Weew...
I think people probably put off buying a car until after they buy their house just to make sure the mortgage goes through okay. Credit scores and debt to income ratios. That kind of stuff.

driftwood

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Re: I visited a new home development - WOW!
« Reply #7 on: July 18, 2018, 03:06:23 PM »
So he's illegally dumping his personal yard waste into a developers dumpster? And being lazy about it?

gpyros85

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Re: I visited a new home development - WOW!
« Reply #8 on: July 18, 2018, 03:27:51 PM »
I noticed this also when I moved into my community. I was the first lots in the community 4 years ago (got pre-construction pricing) and I noticed a trend that 75% of families after moving into a new home purchase a new car... It's like a right of passage....


I don't get the couples who go out and buy TWO new cars at once!! Weew...
I think people probably put off buying a car until after they buy their house just to make sure the mortgage goes through okay. Credit scores and debt to income ratios. That kind of stuff.


Probably a reasonable explanation, however think of all the debt you just signed yourself up for...  years of working..

Indexer

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Re: I visited a new home development - WOW!
« Reply #9 on: July 18, 2018, 07:50:36 PM »
Driving next to a construction site is also a great way to get nails...


All the new cars, I don't get it, but that's why I come here to be reminded I'm not the only one.

Just Joe

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Re: I visited a new home development - WOW!
« Reply #10 on: July 19, 2018, 10:59:47 AM »
Prosperity or debt. Looks the same for a while...

craiglepaige

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Re: I visited a new home development - WOW!
« Reply #11 on: July 19, 2018, 11:07:31 AM »
So he's illegally dumping his personal yard waste into a developers dumpster? And being lazy about it?

Yes to both.
Plus leaving his small SUV idling while digging up the dirt.

Cadman

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Re: I visited a new home development - WOW!
« Reply #12 on: July 19, 2018, 11:56:26 AM »
Wow. I would kill for a couple 5 gallon buckets of gravel right now to keep my lane in shape, but the stuff's not cheap, and I'm sure the local quarry would laugh if I didn't order a couple tons.

If I'm not mistaken, those dumpsters are usually charged back by weight. And for heaven's sake, rock would be the last thing I'd ever consider putting in one.

craiglepaige

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Re: I visited a new home development - WOW!
« Reply #13 on: July 19, 2018, 12:03:27 PM »
Wow. I would kill for a couple 5 gallon buckets of gravel right now to keep my lane in shape, but the stuff's not cheap, and I'm sure the local quarry would laugh if I didn't order a couple tons.

If I'm not mistaken, those dumpsters are usually charged back by weight. And for heaven's sake, rock would be the last thing I'd ever consider putting in one.

Well he isn't paying for the dumpster, he's just using it from the home build 4 houses down. The builder will be the one to have to deal with the cost.

bacchi

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Re: I visited a new home development - WOW!
« Reply #14 on: July 19, 2018, 04:34:31 PM »
We were under contract on a 3 year old house before we ended up backing out and getting our 20 year old house. It seemed that everyone had new cars in the new development, so much so that we'd get weird looks from curious neighbors whenever we'd drive through.

Nextdoor: "URGENT ALERT: We just saw someone driving suspiciously down the street in an older vehicle. I don't recognize the car and the driver looked suspicious. He had patchy facial hair. Be on the lookout."


Zamboni

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Re: I visited a new home development - WOW!
« Reply #15 on: July 19, 2018, 05:25:57 PM »
^Lol . . . pure gold.

Cadman

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Re: I visited a new home development - WOW!
« Reply #16 on: July 19, 2018, 08:14:43 PM »
Wow. I would kill for a couple 5 gallon buckets of gravel right now to keep my lane in shape, but the stuff's not cheap, and I'm sure the local quarry would laugh if I didn't order a couple tons.

If I'm not mistaken, those dumpsters are usually charged back by weight. And for heaven's sake, rock would be the last thing I'd ever consider putting in one.

Well he isn't paying for the dumpster, he's just using it from the home build 4 houses down. The builder will be the one to have to deal with the cost.

Oh I know, there's plenty of stupid to go around and there's well, just being an asshole. Which I guess isn't mutually exclusive.

patchyfacialhair

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Re: I visited a new home development - WOW!
« Reply #17 on: July 20, 2018, 08:49:09 AM »
We were under contract on a 3 year old house before we ended up backing out and getting our 20 year old house. It seemed that everyone had new cars in the new development, so much so that we'd get weird looks from curious neighbors whenever we'd drive through.

Nextdoor: "URGENT ALERT: We just saw someone driving suspiciously down the street in an older vehicle. I don't recognize the car and the driver looked suspicious. He had patchy facial hair. Be on the lookout."

Ugh. You just triggered me. I signed up for nextdoor in our neighborhood (with the older houses) when we first moved in and I unsubscribed after a week. Almost every post was something like this. Racist, busybody idiots that felt the need to police the neighborhood and alert everyone every time a stray cat was walking around. Sadly, these people seem to be everywhere.

facepalm

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Re: I visited a new home development - WOW!
« Reply #18 on: July 22, 2018, 09:01:25 AM »
We were under contract on a 3 year old house before we ended up backing out and getting our 20 year old house. It seemed that everyone had new cars in the new development, so much so that we'd get weird looks from curious neighbors whenever we'd drive through.

Nextdoor: "URGENT ALERT: We just saw someone driving suspiciously down the street in an older vehicle. I don't recognize the car and the driver looked suspicious. He had patchy facial hair. Be on the lookout."

Ugh. You just triggered me. I signed up for nextdoor in our neighborhood (with the older houses) when we first moved in and I unsubscribed after a week. Almost every post was something like this. Racist, busybody idiots that felt the need to police the neighborhood and alert everyone every time a stray cat was walking around. Sadly, these people seem to be everywhere.

I did the same thing when someone in my development posted up "WTF some guy just sped by my house on a loud motorcycle, who can I call?"

The "loud motorcycle" was me idling by, doing 2-3 mph.

exterous

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Re: I visited a new home development - WOW!
« Reply #19 on: July 22, 2018, 02:56:11 PM »
We were under contract on a 3 year old house before we ended up backing out and getting our 20 year old house. It seemed that everyone had new cars in the new development, so much so that we'd get weird looks from curious neighbors whenever we'd drive through.

Nextdoor: "URGENT ALERT: We just saw someone driving suspiciously down the street in an older vehicle. I don't recognize the car and the driver looked suspicious. He had patchy facial hair. Be on the lookout."

Ugh. You just triggered me. I signed up for nextdoor in our neighborhood (with the older houses) when we first moved in and I unsubscribed after a week. Almost every post was something like this. Racist, busybody idiots that felt the need to police the neighborhood and alert everyone every time a stray cat was walking around. Sadly, these people seem to be everywhere.

Our neighborhood facebook group does that. Google maps and all GPS devices are off in our area for some reason so if I give someone my address I have to follow it up with "GPS takes you about 10 houses too far to the south". In the years I've lived here we have had only a single "robbery" instance where some neighborhood kids stole a few things from a garage left open overnight. But people will post "Saw a cadillac driving slow in the neighborhood - probably looking for an empty house or packages to steal." Or - I don't know - trying to figure out where the heck their friends house actually is?

(And everyone has newer Yukons, F250s or minvans with 4 tvs for their 2 kids. Meanwhile I bonded with the 18 year old kid next door since we had the same model 2005 civic and told him where the "You-pull-it" junkyard was)
« Last Edit: July 22, 2018, 03:00:43 PM by exterous »

pecunia

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Re: I visited a new home development - WOW!
« Reply #20 on: July 23, 2018, 09:33:52 PM »
What is the best thing to invest in to take advantage of their debt?  It looked like there were some good investments in people's mortgages prior to 2008, but they didn't pan out.  However, the monthly payments for payments for those big homes and pickup trucks would be a wonderful cash flow unless there is another bubble to burst.

Just Joe

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Re: I visited a new home development - WOW!
« Reply #21 on: July 24, 2018, 07:48:21 AM »
With that much debt some of those people will go bankrupt about 39 seconds after they are unemployed should the economy stumble.

I prefer the approaches detailed here with a modest lifestyle and stacks of money earning interest.   

pecunia

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Re: I visited a new home development - WOW!
« Reply #22 on: July 24, 2018, 09:51:02 AM »
Just Joe:

Quote
I prefer the approaches detailed here with a modest lifestyle and stacks of money earning interest.   -

You are probably right; Trinity Study; Index Funds and the 4 percent rule.  Stay the course and do not give in to potential temptations.

FIRE@50

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Re: I visited a new home development - WOW!
« Reply #23 on: July 24, 2018, 12:38:58 PM »
What is the best thing to invest in to take advantage of their debt?  It looked like there were some good investments in people's mortgages prior to 2008, but they didn't pan out.  However, the monthly payments for payments for those big homes and pickup trucks would be a wonderful cash flow unless there is another bubble to burst.
Have you read or seen The Big Short? That would be a good place to start.

AccidentalMiser

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Re: I visited a new home development - WOW!
« Reply #24 on: July 24, 2018, 08:27:03 PM »
We were under contract on a 3 year old house before we ended up backing out and getting our 20 year old house. It seemed that everyone had new cars in the new development, so much so that we'd get weird looks from curious neighbors whenever we'd drive through.

Nextdoor: "URGENT ALERT: We just saw someone driving suspiciously down the street in an older vehicle. I don't recognize the car and the driver looked suspicious. He had patchy facial hair. Be on the lookout."

Ugh. You just triggered me. I signed up for nextdoor in our neighborhood (with the older houses) when we first moved in and I unsubscribed after a week. Almost every post was something like this. Racist, busybody idiots that felt the need to police the neighborhood and alert everyone every time a stray cat was walking around. Sadly, these people seem to be everywhere.

A nextdoor thread would be a hoot!  My wife is still a member from the stupid community we used to live in so we can have a good laugh at their stupidity.
« Last Edit: July 24, 2018, 08:28:34 PM by Accidental Miser »

AccidentalMiser

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Re: I visited a new home development - WOW!
« Reply #25 on: July 24, 2018, 08:33:51 PM »
My son lives in a neighborhood like those you're describing.  I love driving my 2003 Highway-Department-Yellow F150 through the neighborhood and getting the eye from the busybody crowd.  I smile and wave, of course.  Most of the time, I'm headed over there to fix something or haul something back to our place and am decked out in full farmer/day laborer attire.  They just watch me carefully until I'm gone.

pecunia

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Re: I visited a new home development - WOW!
« Reply #26 on: July 25, 2018, 09:29:05 AM »
Quote
They just watch me carefully until I'm gone.

The flip side of this is that if you work out of town it is very nice if you have neighbors that keep an eye on your place.  Bad sh** does happen,....everywhere.

Proud Foot

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Re: I visited a new home development - WOW!
« Reply #27 on: July 27, 2018, 10:05:09 AM »
A nextdoor thread would be a hoot!  My wife is still a member from the stupid community we used to live in so we can have a good laugh at their stupidity.

If you are on Twitter a good follow is Best of Nextdoor (@bestofnextdoor)

Just Joe

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Re: I visited a new home development - WOW!
« Reply #28 on: July 29, 2018, 04:24:35 PM »
Our Nextdoor handles several neighborhoods simultaneously by default.

For a while the participants in a nearby subdivision read like they were fighting off bandits and pirates with frantic messages to take notice of strangers driving through their neighborhood.

For a few days early on I thought there was a very real problem until glancing back through the timeline the worry was coming from just a few people. Once they settled down its become very quiet.

Its been worthwhile a few times with folks announcing backyard chicken eggs available or honey or missing critters.