realexplodingcat: (eeek)
[personal profile] realexplodingcat
Between screaming under the weight of a million things to do and wanting to hide in a hole (and pay rent to do so) because I dread what I've gotten myself into, owning my first home actually feels rather awesome. I own every nail and hunk of wood in the house. I can paint walls. I can knock down walls.

I own a chunk of the Earth itself. I intend to charge crickets and squirrels rent. Can I charge the worms rent? Just how far down into the Earth's crust can I dig before I legally pass beyond the boundaries of my property? I used to love the old game Dig-Dug. I can't wait to play it again in my own yard. I've always wanted to see the Earth's mantle.

But there is one aspect of homeowning that has me troubled. I suddenly feel as if I've become The Man. Granted, I was born a white male in this country, which pretty much got me half way to being The Man before I had even developed the manual dexterity to pick up a coin and eat it. But as soon as I bought the house I immediately became aware of all the ways in which people and their behavior affect the value of my property, the value of the properties around my properties, and the value of each city block. Will I become the The Man who casts disparaging remarks at renters and who jumps for joy when genuine owners live in the houses around me? Will I become The Man who walks by the subsidized housing units and think, "Yup, those gotta go. That's prime real estate. Downtown really ought to expand and push those suckers out in favor of high-end retail and condominiums." Will I become The Man who puts different property value tags on people based upon their skin color or the way they dress? Dear God...will I become a Republican?

I suppose as long as I remain uncomfortable with these thoughts, I'll be OK. If ever these thoughts stop disturbing me, then I will know my soul has left me (and I probably won't care). However, I know enough about myself that I cannot truly be The Monk or The Punk (two archetypes about which I could right another essay of comparison and contrast). I enjoy being an active participant in our culture and society too much to run toward the other extreme. As in all things, I will try to take the middle path: participate in this society while expecting and respecting ethnic, cultural, and economic diversity.

Now give me a shovel, I'm digging down into my property and won't stop until I strike lava.

Date: 2005-01-05 08:34 pm (UTC)
From: [identity profile] tully-monster.livejournal.com
When we took possession of our house in August two years ago, the first thing I did was go out back and hug my new trees.

I would worry less about property values declining based on who moves into the neighborhood--unless it turns into a war zone overnight. I'd worry more about deflation--and where I live, that's not likely to be a problem.

I think that over all, a neighborhood with a socioeconomically diverse community is likely to be more stable over time and help contribute positively to the city where you live. In Chicago, we lived (as apartment renters) in Rogers Park, which is probably the most diverse neighborhood in Chicago, and it didn't hurt property values any.

Date: 2005-01-06 05:31 am (UTC)
From: [identity profile] explodingcat.livejournal.com
I'm fairly confident the value of our house will increase. My city seems to be growing fast and everyone seems to think you cannot go wrong buying a house inside the city. Consequently, there's a lot of buying happening in this city. It doesn't look like demand will decrease anytime soon.

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