The Hidden Traps Of The MOST Affordable Housing

I explore the complex landscape of affordable living options, revealing the unique challenges faced by residents of manufactured homes, modular homes, tiny homes, and shared housing. It highlights the depreciation risks and financing difficulties associated with manufactured homes, aggravated by zoning laws and perceptions of inferior durability. The video also addresses the high initial costs of modular homes, land acquisition needs, societal stigmas, and customization limits. For tiny homes, it examines the legal barriers, space constraints, resale value concerns, and utility access issues. Shared housing is scrutinized for the compromises in privacy, the potential for occupant conflicts, and the instability of rental agreements. This narrative weaves together the economic, regulatory, and social threads that challenge the affordability and appeal of these housing options, advocating for comprehensive solutions that address both financial accessibility and quality of life.

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Kristina Smallhorn
PO BOX 1271
Prairieville LA 70769
#affordablehousing #KristinaSmallhorn

eXp Realty LLC,2900 Westfork Dr. Suite 401, Baton Rouge LA 70817
225-246-1812,Office [phone] ext# 149
Kristina Smallhorn is a licensed REALTOR® with the state of Louisiana, License number 0912122918
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[commonmandenver]

Excellent video!!! My biggest concern is land ownership. I will never live in a home that doesn't include owning the land it rests on.! Real estate is Land.... if you don't own the land with a clear deed, you own nothing and the power rests with others.!!!!

[eattherich]

'It can be done ...' but the powers that be don't want people to actually have a solution to housing affordability and supply.

[robertmorgan]

Why do these regulations exist on land usage?? Crazy!

[dani_mack]

On the topic of shared housing. Think Golden Girls. 2 - 4 people in their senior years co-own the house, and the house would be a really big house. It's a great option not only for shared living expenses, but to look out for and care for each other.

[BabyKrogan]

Those building regulations in Alaska only applies to the cities, people build nonsense cabins in the bush all the time.

[davidswift]

I have been looking at container homes. Not the ones that are built in skids but actual seagoing shipping containers. You can build almost anything that your mind can imagine and make them as fancy as you want to. There are companies all across the US building these units as plain or as luxurious as you care to pay for. When they come on your property they are set on your foundation and except for the hook ups to services you are ready to just go ahead and live in them. Your thoughts ?

[lindacgrace]

I am strongly prejudiced in favour of building, rather than buying something already built. No, you can't do anything you want, but you're a lot more likely to get what you want than you would from a subdivision builder. Instead of fighting for a tiny sliver of an ever-more-expensive pie - bake some more pie! You can stage this effort, too. A lot of jurisdictions allow an apartment of the garage - build that first, then tackle your dream home later. A lot of jurisdictions allow you to build a home and an ADU - build the ADU first, then tackle the main house. If you're handy, it's also one of the cheapest options. Great ideas and clear analysis, as always. Thanks

[TUKByV]

12:50 in South Florida, the counties' code enforcement agencies were using aerial photography at least back to the early 1980's. My dad's friend got busted for an in-ground pool @1985.

[rosemarywilliams]

You always give me new insights. I've tried a lot of these options in the past 20-years and I still don't have a home. I've owned property but never a home I could live in long-term. WHAT DO YOU THINK OF BUYING A TINY COTTAGE OUTSIDE OF THE U.S.? Seems these days if you want to retire and don't plan to make more money, living in the US as a renter is suicidal since cost of living is skyrocketing😢

[Flyingrabbit]

I have been looking for a lightweight concrete modular. I've seen some in Europe but the US seems not only to lack them but to generally price all modulars WAY above what they cost in other countries. One problem is that so many of these companies have located in California where the cost of living and taxes are astronomical.

[noreenn]

Thank you for clarifying the difference between manufactured and modular homes

[samanthasavoie]

I’ve been following your channel for years when I considered building a modular home. I ended up finding a land trust in my area. This coop style housing nonprofit should be the wave the future as it really made it affordable for me as a single person to buy a home in a tourist destination area with sky rocketing home prices. Thanks for the research you do!

[LisaCunninghamLieveEnterprises]

Here in SC, some of our towns are making sure MH parks will not exist. Some counties are saying you have to own three acres. Foot print taxes, I think its called where you have to pay a few thousand dollars prior to put your MH on your land. Govt always having their hands in your purse. Certain county's hate mobile homes.

[FORTRANever]

I did shared homes which I called having roommates. I would rent a house and share the costs. It went well but there would be a roommates that were offensive. To get rid of the roommate, the rest of us would concoct a tale about the rent being raised by the landlord. The bad roommate would get angry and leave and then I would advertise for a new roommate. I do not think it would work for me these days with all the illegal drug use.

[SquirtlePWN]

13:00 but many parts of the country have 0 building codes at all out of city limits. Where I live we have only state septic permits and no other restrictions on building in the county.

[Flyingrabbit]

My current home was built with factory made stick walls. The contractor had them trucked into this development stacked on 18 wheelers. The walls, made by craftsman at a plant where they presumably have monthly salaries and benefits and do the same thing every day, are great. They are well insulated and nearly soundproof. The floors on the second story of my slab house, are another issue. These were built by a typical contractor using whoever he could get that day for the job. In several places that joists were obviously mounted slightly lower on one side making the floor give slightly when you walk on it or move furniture. In my opinion modular construction is better for everyone, including the economy. We just need to loosen the grip many large contractors have on local codes, zoning and materials. Large contractors have far too much political power in Louisiana.

[dgeistlinger]

Might as well live in an RV for it to be affordable anymore. I see why so many people live in them full-time now because they are sick and tired of paying through the nose just for a place to live.

Also why bother buying a house of any kind with so many restrictions when the prices, property taxes and insurance has become completely ridiculous in so many areas.

Nice to know there is no such thing as property rights either because our government has completely ruined housing being affordable anymore with artificially low interest rates for too long while institutional investors took full advantage of the capitalization rates on the low interest rates by turning them in to rentals.

Even just buying and owning a home now is a complete scam and farce because everyone wants their cut of the sale on them. Then when you can’t even rent out rooms, add a tiny home, or build an ADU to make it more affordable for you to continue living there if you fall on hard times. Only to end up facing foreclosure when you are forced to sell it because of all these restrictions.

But then this is exactly what these crony capitalist RE investors want under the guise of “city planning” so they can use the government to steal these homes for cheap when the owners can no longer afford the fines, mortgages or property taxes, while everyone else must pay top dollar for them.

We have affordable housing, but it only goes to people who have cash to buy them from our corrupt government under a property tax or probate sale that certainly won’t allow people who are preapproved for loans also to buy them at these auctions.

Nope, if you are preappoved for a loan, our government wants you to pay full retail price with a loan to keep driving up market prices and to keep it low cost for cash buyers. Who then turn around and flip them for 100k+ what they paid for them after doing minimal upgrades and minor repairs on them. Our government is a complete joke.

[martykong]

:) THANKS MUCH for all yo do and SHARE! ALL the BEST and hope more affordable options get better for ALL of us! Cheers! :)

[BrianPetersen-lw]

I agree with your analysis of manufactured homes, but based on my personal experience, I think buying a quality existing home can be a better value. I wanted to move back to the midwest Iowa, and found a 116K house that fit my needs back in 2012. This has proven to be a wise choice and has allowed me to save 30K each year (compared to what I was paying in rent in CA).

[michaelschiessl]

Something to add..make absolutely sure you have great insurance and the right insurance. And watch out where you intend to live in that mobile or tiny home..Do your research on where you want to live, the wind zones in that part of the country, and the risks associated with where you plan to live..These are very important because...in the next 30 years according to Climate Central and NOAA ...extreme weather...fire, tornadoes, hailstorms, hurricanes storms, etc will become stronger and more severe..Take this into account wherever you wish to move to...👍👍