by AdamB » Mon 27 May 2019, 10:51:12
$this->bbcode_second_pass_quote('KaiserJeep', 'T')he onset of rural collapse is very visible in the MidWest, was what I observed in my recent house hunt in Wisconsin. I mean there are beautiful lakeside properties for sale at depreciating, cheap prices. But if you buy one of those places, you could be one to two hours from nearly everything, such as medical/dental professionals, big box retail like Costco/Sam's Club, or Target and WalMart, or a real supermarket. The corporate farms are huge fields that stretch forever, and abandonned family farms sit, a very few farm homes still occupied by old people. The younger folks went to the cities and suburbs.
I wanted to live in the boonies, but realisticly speaking, I am 67 and I'm not building a Doomstead at my age. Likewise the wife is 64. We ended up buying a nice 2750 sq ft custom ranch home, very well built, with a walkout basement door and a wooded back yard. Down the street is a large lake in case I feel the need to recreate by boating or fishing. We are in the Village of McFarland, WI. Population about 8500, and seperated from Madison (Capital of WI) by rural areas. By selling a house half as large in Silicon Valley, we spent half the profit on this place, bought a new high end SUV (2019 Jeep Grand Cherokee), and are settling in comfortably, debt-free. We are a 20 minute drive from the grandkids, who will turn 4 next week.
Meanwhile I sold the 1967 Kaiser Jeep Commando (pickup) and donated the 2001 Jeep Grand Cherokee (220,000 miles) to a charity which sold it for $2200. We drove the 2003 Jeep Wrangler Rubicon with large tires and lift from California, stopped to house hunt in Wisconsin, and continued to Nantucket, put it on the ferry, and took it to the island. It sits there in the garage, where it will start a new career as a general purpose vehicle (we live on an unpaved/unofficial road with potholes), and beach cruiser. After a month, we came back via plane and closed on the new house, and moved in. We are slowly getting things together, not in any particular hurry.
I still want that beach property, but I comfort myself by thinking it gets cheaper all the time. The wife wanted to be near the grandkids, and so did I.
BTW, we sold the Silly Valley home for almost a million, in fact $101,000 above our asking price, which I had been in doubt about. The buyers were a nice Hindu couple in their 30's, married about 2 years. He was an EE working at Intel, she was an Accountant like my wife. What they earn to qualify for a mortgage like that as first time home buyers, I have no idea, and would probably be depressed if I found out. Unless I counted wrong at the last homeowners meeting, the neighborhood is now about 20% white, 80% other than.
Outstanding!!! Amazing how the collapse and doom of peak oil 15 years ago turned into quite a nice retirement for those who didn't run off and become Amish or begin human manure composting with 3 friends and are still hiding in the woods waiting for the end.
Good luck in Wisconsin. A bit cold for me, I've been through there and the UP a handful of times over the past couple years, a bit chilly. The wife and I are more likely to end up a beach somewhere. Maybe beach in winter, the White Mountains of Arizona in the summer.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."
Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"