Wednesday, January 21, 2009

let's talk HGTV's dream house

i love hgtv.. ever since we bought a house that needs a shitload of work done to it, i really love hgtv. but this whole hgtv dream house giveaway thing... i don't get it.

i mean, i GET it.. like i understand what they're doing and stuff... BUT I DON'T GET WHY THEY WOULD DO THIS TO SOMEONE?!?! they build this incredible house, with these amazing rooms and unbelievable decor, etc. and you can enter to win the house. sounds awesome and incredible right?!?

let's break it down for you. this house is in california. it's probably valued at close to $2 million dollars. do you have any idea how much the property taxes alone on that house would cost you? probably anywhere between $20 and $30 THOUSAND dollars a year. who can afford that? i mean, i assume that the people who enter the contest hoping to win the house are pretty much run of the mill, everyday kinds of people. not the type of people who could afford 20 grand a year in taxes alone.

so i don't understand AT ALL why hgtv does this? the person who wins this house is in for a world of financial hurt. especially in this economy. so why are they doing it? why would they give something like this away to someone? the basic idea of this whole contest is really generous and giving. you know, build an incredible house and give it away to one lucky person. but in my opinion, that "luck" will quickly turn bad if they end up stuck with a home they can't possibly afford to live in, let alone keep. has anyone who has won one of these homes in the past ever been able to keep it?!??! cause i'd like to know.

so i just don't get why hgtv does this? do you??!

15 comments:

Anonymous said...

They also would have to pay income taxes on the value of the house. Nobody who has won an HGTV house so far has been able to keep it. It gets sold to pay the taxes.

Heinous said...

I always thought that myself. I'd just love to have to find a new job and uproot my family for the sake of a money pit.

NGS said...

I always think about this when I see Extreme Home Makeover, too. How do people pay the taxes?

Melizzard said...

I have always felt this way about the Extreme Home Makeover show as well.

They give this generally very poor family a mansion to live in and I wonder if they can even pay the power bill that is going to be generated from all that beautiful track lighting. I know sometimes the vendors give a one time cash donation to help with expenses but it's limited.

Once the tax man comes out to adjust their tax rate there is no way they can pay

There was one done near where I live and rumor around town is the family was only able to keep the house about a year and they had to sell it because it was too expensive to keep up.

Scientific Lutheran said...

ditto on the Extreme Makeover Home Edition, they are invariably families that have financial and emotional difficulties, if they couldn't afford to fix the house/move/whatever in the first place, how the heck are they supposed to pay the taxes and utilities on this brand new extravagant MASSIVE square footage house?

Smartass Milf said...

If it's supposed to be a dream home, why not build it where the winner lives and according to their dreams? That contest annoys me so bad!

I'm Still Me said...

I have had those exact thoughts myself.

Chris O said...

So how many times did you enter?

Chris O said...

Enter this one instead. It's for cash!
http://www.hgtv.com/hgtv/landscaping/text/0,,HGTV_32656_73335,00.html

Andie said...

that's interesting! I never thought of that!

Alison said...

I've never thought about it...but I've never entered to win, either. If I entered and won, I'd probably sell it. Anything you get out of it is more than you started with, right?

Anissa Mayhew said...

SO true! Do you have any idea of how many families from Extreme Home Makeover have lost their homes to foreclosure or tax issues? It's sickning!

Ericka said...

i've wondered what happens to the houses. my taste is very different than they usually decorate too - NO orange in my house - so i'd end up having to redecorate it even if i could live in it. you get a car too though...

Apryl's Antics said...

They did an Extreme Makeover here in Georgia and the family had to declare bankruptcy. Furthermore, they built a house that was not in keeping with the neighborhood, so selling it wasn't even an option.

With the economy and housing market the way it is, I'm sure whoever wins the HGTV dream house won't be able to sell it, either.

It is stupid.

Anonymous said...

I used to work at a radio station and they were giving away a summer vacation house. Like, yours for the summer. But the people who won just took the cashout because they couldn't afford the taxes on their win. LAME.