Our Future Homes: Easy Care and Open Plan

Thanks to an exhibition organized by Japanese retailer Muji, we can peek into the home of the future. And according to a recent article in Houzz, we can expect to live with new materials, adaptable spaces, and open-concept floor plans.

The exhibition, House Vision 2, introduced the ideas underlying tomorrow’s homes as seen by companies in the housing industry, architects, and designers. Ten life-sized prototypes offered insight into the way housing may go in the future. Here are a few examples:

  • “Open House with Condensed Core” was a collaboration between architect Shigeru Ban and Lixil, a Japanese building materials manufacturer. Their prototype addressed the limitations of traditional plumbing, which make layout changes difficult. In their vision, the plumbing is installed in the ceiling, making it easier to reconfigure. The house also features glass windows that can swing up and out of the way for a truly indoor-outdoor space.
  • Commissioned by Daito Trust Construction, Sou Fujimoto’s installation explored new types of multi-dwelling residences in his “Rental Space Tower.” It rearranges both private and shared spaces of a typical apartment to reduce the square footage of private zones and maximize public areas, creating new shared amenities like libraries and theater rooms.
  • Airbnb and architect Go Hasegawa teamed up on “Yoshino-sugi Cedar House,” a wooden dwelling that brings a new meaning to house-sharing. It’s part community space, part temporary residence, which is used, maintained, and operated by the community, not a private individual. On the first floor are a meeting space and communal kitchen; upstairs are bookable sleeping quarters for guests.

Finally, it seems we don’t have to bid goodbye to open-concept living just yet; open floor plans were featured in many installations. They’ll just look a little different down the road.

Address Your Credit Score before You Start Home-Hunting

Your credit – including ensuring credit reports are correct, knowing your credit score, and acting to improve it – is among the most confusing topics related to personal finance. Yet it’s extremely important – particularly if you’re planning to buy a house, and especially if you’re a first-time buyer. Your credit score is one of the first things a lender will look at when you apply for a mortgage.

To cut through all that confusion, here are five tips you can act on right now to identify and address any problems with your credit:

  • Check your credit reports for free once a year through the three credit bureaus: Equifax, Experian, and TransUnion. Why all three? Because the information in each bureau’s report can differ. If one or all reports include mistakes, your credit score may be negatively affected, and you may need to address the errors before going house-shopping.
  • Be strategic with credit card use: the percentage of your credit limit that you use every month can affect your score. Make sure your balance doesn’t come too close to your limit.
  • The simplest and most important tip? Pay off your balance each month. To maintain a healthy score, pay it off before the due date. Anything after 30 days post due date can spell very bad news for your score.
  • Be consistent: good credit behavior over the long term will keep your score high.
  • Don’t take on more credit. If you apply for several different credit cards, you’re sending a message that you may have maxed out your other accounts.