True but eliminate those frills and it creates unemployment in the frill industry. Entertainment, whether it be sports events, dining out or travel, has no residual value.
|
|
|
Enough of COVID...what are you doing to the house?
- Thread starter mimico_polak
- Start date
I'd counter that travel, sports events and dining out have 'residual' value. My daily grind is enhanced knowing we have trips planned , the memories and conversation around travel is dear to my heart. We have made new friends and strengthend relationships traveling with other people.
For centuries , breaking of bread together is in our social DNA. clans came together for feasts, the Last Supper had a poor ending but they got together for dinner, family events almost always include a meal.
As a metric are you left with a finacial value? never , beers at $22 pint in the Scotia center hurts , but a night out at an event holds other benefits .
For centuries , breaking of bread together is in our social DNA. clans came together for feasts, the Last Supper had a poor ending but they got together for dinner, family events almost always include a meal.
As a metric are you left with a finacial value? never , beers at $22 pint in the Scotia center hurts , but a night out at an event holds other benefits .
Moderation in everything. The weakness in communism is the lack of incentive to improve anything. Capitalism is doing the same thing by making the house owning dream a pipe dream.
Going to extremes, McDonald's "You deserve a break today" schpiel was stupid. Someone deserves a break because they got out of bed and put on clean underwear? They do deserve a break if they cured cancer but for that, I think they deserve more than a cheeseburger.
Kids won't eat cheese unless it's strings or shaped like dinosaurs. Candied starch for breakfast etc.
It's all about moderation. I know plenty of people that cry how poor they are, yet go on 3 vacations per year and drive new cars every few years.
Then dig further and they're running the LOC like a bank account and just pay the minimum monthly.
Hey, if it works for them...why not? Have at it. You're going to die eventually may as well enjoy your time off.
I can't live like that, was always taught to save save save. Still difficult to get out of that mindset. I'd be MUCH better off if I had played the game that the LOC crowd played. Maybe...
we all know t he guys that treat a LOC like a personal bank account. Good for them , I'm not risk adverse , but I like a roof over my head , thats mine. I'm reading in the paper about the number of people that are in the process of loosing a house , because the gravey bowl would never be empty.
We dont live large , we live medium , Im good with that
We dont live large , we live medium , Im good with that
Just got off the phone with my cousin.
He said Poland is still cranking and the trades are stupid busy (considering their interest rates of 8-10%), and 300% increases in energy costs.
But he said the company he works for here (granite install) is effectively stopped. Just one day, the calls stopped and the trucks stopped leaving so they told the guys to sit tight at home and wait for a call.
Lots of home renovations are mentally funded by skyrocketing paper valuations. People rationalize that laminatevwas fine when their house was 200k but now that it is 1M it needs granite. Also, covid renovations where people poured money normally used on vacation into their houses got many people ahead of where they would normally be on the project list. Everyone says the sky is falling and your house price has dropped by 100k and suddenly adding/replacing granite doesnt seem like the best plan anymore.
Trying to decide what to do with the house part of me says knock it to the ground and get what I want. The cheap part says gut it and live with the roofline etc.
Sent from the future
Sent from the future
Mad Mike
Well-known member
Have a few contractor buddies saying the same. I'm noticing it in my kid's business too -- he's normally booked solid 30 days out, right now he's about 30% booked -- the schedule looks like swiss cheese.
I think the economy might finally be cooling down.
Maybe we should bring back the CERB?
Given the scope of either of those projects, I'd probably go with A. Avoids the square peg round hole problem, may be faster (less time living in a camper in the driveway) and house will be worth far more when done. Even subdivision houses these days are often putting an ensuite (or jack and jill) and wic in every bedroom. Hard to retrofit that kind of stupidity. Buyers pay a premium for more bathrooms to clean.
Probably going to build a new shop with an apartment above first then we can move there while the house is being done.
Sent from the future
I'm booking the design firm / consultant that's doing the beautiful job down the street for an initial consultation and quote.
Couldn't believe how fast they framed it.
All I want is that damn half story addition with windows so that it's enclosed for 100k. Is that too much to ask! LoL
I joke...but if I start removing the chimney...that literally requires the entire house to be remodeled. The damn thing runs all the way to the basement so it's not as simple as knocking off the top part of it and leaving it at the ceiling height...or is it.
Well you could knock it off but you would not gain back all the sq ft and the obstruction would still be in your way. If you are doing part of the chimney, I would do the whole thing. It would make a huge difference to the feel of your house.I'm booking the design firm / consultant that's doing the beautiful job down the street.
Couldn't believe how fast they framed it.
All I want is that damn half story addition with windows so that it's enclosed for 100k. Is that too much to ask! LoL
I joke...but if I start removing the chimney...that literally requires the entire house to be remodeled. The damn thing runs all the way to the basement so it's not as simple as knocking off the top part of it and leaving it at the ceiling height...or is it.
100% it would make a huge difference. You've seen how it cuts the house in half and can't have an open concept with it there.
I could pull a power move like my neighbour, reinforce the beams inappropriately and then have a crack and leak in my ceiling for 10 years that I won't fix.
But it needs to be properly reinforced, and that means effectively ripping off the entire ceiling...and then floor as the basement also has a fireplace.
Or rip it off partially...and just do a column with a few metal beams to take up the slack that the fireplace is keeping up.
Pro tip, remove the chimney top down not bottom up.... although bottom up can somtimes be faster.
In the interest of making the project easier, I would probably put in one post approximately where the fire place is now. Temporary posts on either side let you take it out without sagging and the temp posts should be able to sit on top of finished floor (built a beam to spread the temporary post load above and below the floor. Once fireplace is out, easy enough to set a post and tie in existing beams (may need two posts depending on existing beam design). Hide the posts in something like a vertical gas fireplace and/or small section of wall with a pot filler on it so it looks intentional. If you want no posts, you need to open up a lot and if you got really unlucky the existing footings could settle a little with the added load. With the post, loads basically stay where they have been.
How the hell do you tie in a new beam without ripping off the ceiling? Thought you'd have to put in a brand new full beam instead of 'tying in' a beam?
This is more curiosity now as I'm not ripping out the fireplace any time soon.
This is more curiosity now as I'm not ripping out the fireplace any time soon.
Presumably (although we don't know for sure), there is a beam (or two) that landed on the fireplace for support. Temporary posts to take the load, remove fire place, install new post below existing beam in the hole where the fireplace was. You haven't changed spans (potentially, further investigation required as fireplace is 6' wide vs 1" post) so existing beam should be suitable. There will obviously be ceiling work around the fireplace but you can probably avoid much beyond that.
I'll go up there once it warms up. Need to do a general health check up in the attic anyway to see what's happening in there.
Failing a total reno I'd love to make that space some type of storage area, but not sure what the rules are on that. Not living space...but just somewhere to hold additional 'junk'.
|
|
|
|
|