Jul 06, 2009

Buying a House Now Cheaper Than Building One?

That's what Habitat for Humanity found in Charlotte, North Carolina, at least. The charity has long been known for building houses with the help of volunteers, then selling them to needy homeowners-to-be at a reasonable cost.

But Habitat's mission, as explained on their website, is a little broader than just homebuilding: The organization seeks to "eliminate poverty housing and homelessness from the world and to make decent shelter a matter of conscience and action."

The best way to do that in some areas is, apparently, to buy and repair vacant, foreclosed homes. The details are described in the article, "Habitat finds buying is cheaper," published in the Charlotte Observer on July 5, 2009. The organization takes pains to reassure the interviewer that they aren't kicking anyone out of their home!