As I sit and see that people talk of a second recession when in fact they just mean all those billions thrown at trying to fix a problem by “spending their way” out of debt surprisingly hasn’t worked (touch of sarcasm). Then we have not only entered a long recession but also the fact it was magnified by throwing away the spare capital we had to bail out banks that quite literally couldn’t care less about anything or anyone but themselves.
But at the same time the end of Mc Mansion construction is a blessing if nothing else came out of the recession. Oversized, poor quality and simply just not needed. These homes were just a figure of how out of control the housing market became in the U.S. but just as much I remember in my parents town a public toilet is now a small 1 bedroom apartment worth £100,000 and not only was it a toilet it backs onto a cemetery two bonus features in one overpriced property. Not going all environmental here by the way as people lost a fortune on property at the same time I can’t believe people were being encouraged to get into this much debt in every direction with the “market can only go up” mentality. Which as we well know history tells us otherwise time and time again. It was simply a case of consumerism gone mad as well as speculation as people bought more homes on the back of the fact the market will go up and that they could sell multiple homes as surely there are buyers out there somewhere (we just haven’t seen them).
Consumerism always ends up like this a pile of excess hitting landfills everywhere yet I agree choice and consumerism is great its just the fact people are buying so much stuff they simply never use, don’t need and often don’t know why they bought it except for materialistic value.
Moving on to shipping container homes though it could be the only safe bet in the current economic climate. They can have a low floor area meaning cheaper land taxes, easy to construct, readily available shipping container stocks in many parts of many countries and on top of all that you can do it as you can afford it keeping away from any debt from the bank. Building your own home especially now that the banks aren’t keen to loan could be the only option and using shipping containers could be the most viable. For us we are currently looking at going back to the UK shortly and I will be looking into the issues of construction there for our first family home as we can build it on weekends, complete the first 40ft container so we have beds,toilet area, kitchen etc. while we add more units to the shipping container home. Being able to stack also means we can buy a low amount of land and utilize several levels wasting no money. All part of why shipping containers homes are so viable.