Comment on one of my posts tonight- I kind of can’t believe this is real, but I’m going to address it, because it’s important, and also I fancy a bit of a rant.
First and foremost, I live in an area where lots of people and families live in insecure housing. This is driven, in large part, by second homes. To have a home standing empty whilst people locally are homeless is obscene.
Second homes drive house prices up to the point where people cannot afford to live in the communities where they grew up. And they create communities with shortages of really important workers- people like firefighters, nurses, teachers, carers, the people you really want in your community- just can’t afford to live there.
And it rips the heart out of a lot of these communities. I know people who grew up in areas which now have a lot of second homes. Some of these people used to play on local sports teams, volunteer in the local area, or were just generally community minded citizens. A village that’s empty half the year can’t manage a rugby team, or run an RNLI station.
And small businesses- local shops, local pubs, etc, often get pushed out in favour of those who cater specifically to tourists. And so the local community becomes a worse place to live (often, especially, times like now, when not many people use their second home).
Second home owners don’t bring business into an area when compared with every day footfall of people e.g. using a local shop. Often, they’ll do a big shop at an out of town supermarket anyway. They won’t necessarily go to the local pub.
There are villages near where I live, if you drove round them tonight, more than half the houses would have dark windows because no-one’s there. And meanwhile, there are people not so far away sleeping in tents. If you can’t see what’s wrong with that...
Very neat Lego wallshelves from the vacation home of Minna and Joonas Välimaa, photo by Kaisa Sirén, via Meidän mökki. (NB. Finnish only.)
Clearly you can be a Lego fan and yet not blow up your eyeballs with excessive color. (Sadly the article doesn’t say whether these are store-bought or DIY.)
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Matt Klinowski | Downing Frye-Realty
Here's to living the good life in paradise, Matt
Luxury Real Estate Insiders Say 2nd Home Demand Down 50%
Luxury Real Estate Insiders Say 2nd Home Demand Down 50% As Wealthy Investors Pull Back from Investing In Real Estate
Luxury real estate insiders say mortgages secured for vacation properties are at their lowest since 2016.
Insiders say the second home market is definitely in a recession. Redfin is reporting lock-ins for second-home mortgages are down 52.2% in March from pre-pandemic…
So I'm reading for an art history class, and Baudrillard is talking about the trends in colour usage from generation to generation (mostly in interior design, but there's definite spillover into fashion, architecture, etc.), and how every new colour movement is a direct rebellion against the previous one, like how the bright colours of the 60s/70s were a direct response to the austerity and seriousness of the WWII/postwar era, and how a shift back to organized, moralistic neutrals were a direct rejection of 60s/70s gaudiness, etc., and that all makes sense, people find their parent's style tacky, sure
But he goes on to observe how we've now been stuck in a lull of pasty tones and naturalistic finishes for some time, and I'm thinking yes, he's so right, but that's weird, because its been hanging around for so long, like what is it rebelling against anymore? What is it answering to? Well all I had to do was be patient because lo and behold, Baudrillard provides the following sentence, which caused me to completely wig out:
"...except of course, for the spheres of advertising and commerce, where colour's power to corrupt enjoys full
rein"
And I'm like ooohhhhHHHHHH, so this colourless minimalist wasteland of a design principle:
Is maybe hanging on so stubbornly because this corporate hellscape:
is assaulting all of our eyes, inside and outside of our homes, every waking second, and is tainting the very concept of colour into something we can't relax around in our living spaces.
EDIT: The reading was The System of Objects by Jean Baudrillard, 1996 Ed., Part A, Section II, Subheading "Atmospheric Values: Colour" (p. 30-36 in my copy). Even if this was a passionate spur-of-the-moment post, omitting this was pretty silly; my bad.
EDIT 2: I was trying to be chill and leave this one alone, cuz I know most people in the notes are talking to themselves and their followers and not actually me, but 11,000 notes in it's starting to get to me - yes, I am aware that decreased homeownerhship/increased renting/landlord specials/hyperfocus on resale values, are all very direct causes of this too. I totally agree. For me, those were the obvious answers; I think we all get why the owning class is serving this to us. My epiphany moment was about understanding the flip side, the psychology of the consumers who keep accepting it, and even seem to enjoy it. That's what I couldn't understand before, but now I suddenly do. (And for those of you saying such people don't exist, no one actually wants to live without colour - check the notes, bb, they're everywhere. Not everyone has the same brain as you. We all deal with the horrors of capitalism differently.)
Denise Lones here and welcome to this week's Zebra Report. Today I want to talk about all the cash sales that are all over the place.
I talk to agents every single day, agents who are in Washington State, Arizona, Nevada, Florida - you name it! - and they are all saying the same thing, "There is an awful lot of cash out there today." So, this is an update on one very important place that this cash is coming from.
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First and foremost, it's important to understand that the share of new home sales has not only hit a 3+ decade high, but so have all-cash sales!
But where is all that money coming from? Why is there all of a sudden so much cash? It's coming from generational passing of wealth. One generation is passing their wealth onto the next. The Silent Generation of 1916 to 1928, one of the most savings-oriented generations we have ever seen, is passing on their savings to the Baby Boomer generation of 1947 to 1965. The Baby Boomer generation is then getting that money and some of them are using that to buy a vacation rental home, a second residence, or to help their children (Gen-X and Millennials) to help them buy a home.
Cash buyers are out there and you have to be creatively thinking about how you can help them find the type of product that they are looking for. That includes single family primary residences, to investment properties, to vacation rentals, to second homes.
That means lots of opportunity for you - so, get out there and do your job!
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By Denise Lones CSP, M.I.R.M., CDEI - The founding partner of The Lones Group, Denise Lones, brings nearly three decades of experience in the real estate industry. With agent/broker coaching, expertise in branding, lead generation, strategic marketing, business analysis, new home project planning, product development, Denise is nationally recognized as the source for all things real estate. With a passion for improvement, Denise has helped thousands of real estate agents, brokers, and managers build their business to unprecedented levels of success, while helping them maintain balance and quality of life.
Funniest thing about the Old Testament is how it consistently disparages bronze-age hero type characters crafted by its historical peers and lifts up that saddest patheticest wet little meow meows youve ever seen
Wow! I’ve gotten the impression that photographic wallpaper has a bad rep, but if this kitchen with a handsome forest mural is anything to go by, that’s emphatically not true. Looks fabulous! From the vacation home of Minna and Joonas Välimaa, photo by Kaisa Sirén, via Meidän mökki. (NB. Finnish only.)
The Global Ultra-Wealthy Population Grew 9.3% in 2021 according to Knight Frank's annual wealth report which was released on Mar. 1st. The number of ultra-high-net-worth individuals (UHNWIs), or those with US$30M or more in net assets, increased to 610,568.
The 5 countries with the largest increase in the ultra-wealthy populations were the U.S. (13%), U.K. (11%), France (10%), Japan (8%), and Chinese mainland (6%), according to the report. Learn more...
Residential real estate remains a key asset for the ultra-wealthy. Locally, the Naples area saw a record number of luxury homes sold last year and the trend continues into 2022. We currently have 32 properties available above $10M.
Are you are considering a home purchase in Naples we will help facilitate your real estate needs and are committed to providing extraordinary customer service. Professionalism, integrity and discretion are not just goals, they are standards.
Call or text us today - 239.370.0892.
Matt Klinowski | Downing Frye-Realty
Here's to living the good life in paradise, Matt
i love all the flavors of howdydarling art you make sm!! i've really been stuck on the drawings you did of wally with insomnia, i love the idea of howdy carrying his ass to bed when he shows up at the bugdega totally exhausted. i thought it'd be cute if wally stepped in to take care of howdy too when he's feeling overworked, or the two of them just collapsing into a nap pile at the end of a long day
It’s been raining all day and the vibes for cuddles n sweet shid is I m m a c u l a t e
Sometimes when I think about howdy and Wally, I think about them doing that specific lil wiggle/dance you can do with your followers in cult of the lamb smhhh (and frank really wanting to join but is very shy about it)