The $1600 bookcase

The apartment we live in is currently for sale. The owners are asking $429,000. The floor area is 76 square metres. (US readers: 818 sq.ft)

With those numbers, a buyer is paying $5,645 for each square metre. (US readers $524/sq.ft)

In those terms, it seems really expensive. So many things that just aren't worth the space they take up.

The bookcase is not the worst, but at 90cm wide and 30cm deep, it takes up 0.27m² (3 sq.ft). Either way, that's $1,573 worth of space.

I gets scarier when that maths is applied to a spare bedroom.

It reminds me of the book Less is More. Kim says that in the old days items were more expensive but space (housing) was cheap. So it made sense to hoard things back then. But now it's the other way around. Generally items are cheap to repurchase (if we ever need to) but the space to store them is costly. These days it makes more sense to be selective about what we hold on to.

In Australia there's a lot of talk at the moment about how expensive houses are. I reckon a big part of that is the fact that we have the biggest homes in the world. So much of that space is just a waste of money - to store things that aren't worth it.

Comments

5 Reasons why we hoard - and they're wrong

"Less is More" is one of the catch-cries of downsizing. Often the fewer things we have the more we value them. So it's a great title for a book that's basically a manual for how to de-clutter your home. The introductory chapter of Less is More: How to De-clutter Your Life gives some great insights into why we find it so hard to reduce our stuff. Here are 5 of them - the last one is one of the biggest for me. 1. The cost of holding on. We were raised by our parents and grandparents and in their day items were expensive and space was cheap. It made sense in those days to hold onto stuff just in case you ever needed it. But today housing is expensive and items are cheap. It's hard to change a habit, but now we save much more by downsizing. 2. Keeping it in the family. For some reason we prefer to give things to those close to us. Again this was viable in the days of big families and lots of children to receive hand-me-downs. But these days we have smaller fa...

20 unplugged ideas

May 1-7 is Screen-Free Week . It's about spending time away from the screen and more time with each other - or doing things we love. It's a great chance to break the work-tired-watchTV-ads-shop-work cycle. This list of twenty alternative ideas is great for screen-free week. It's also a great reminder of things we could enjoy if we're shopping and spending less - and maybe working less and enjoying life more.

Will robots take your job?

The future could be very different. It's one reason I started this blog. What will technology mean for jobs? For incomes? For society? So I was excited to find Will Robots Take Your Job? at my local library. What does the book say? There's always been technological change and we've always found jobs. As the more laborious jobs were taken by machines, we took on higher skilled jobs, moving further up the "skill ladder". The main question is whether this time is different. Will the "skill ladder" continue to have higher rungs for humans to move on to? Will these rungs appear as quickly as the current rungs disappear? Either way we're headed for significant disruption. Either large-scale re-training of our workforce or massive unemployment. The author despairs that our leaders seem not to talk about this - and worse still, not have a plan for it. Farmers or horses? In 1870 about 75% of Americans worked in agriculture and used 25 million hors...

But wait... there's less!

Search This Blog