Home buying thread

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taebin

taebin

Same trailer, different park
973
450
Exactly what Cad said. And lol @ Khane saying $150k income is a modest salary. That's near the top 5% ofhouseholdincomes across the US. Guess we need to add Khane to the lendarios 7 figure list.
 
mkopec

mkopec

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taebin_sl said:
Exactly what Cad said. And lol @ Khane saying $150k income is a modest salary. That's near the top 5% ofhouseholdincomes across the US. Guess we need to add Khane to the lendarios 7 figure list.
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But thats as an average. Take that $150K and live in the good part New York or South Cali and you will get buy but struggle. Now take that $150K and move to Tennessee somewhere and you can live like a king.
 
Khane

Khane

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taebin_sl said:
Exactly what Cad said. And lol @ Khane saying $150k income is a modest salary. That's near the top 5% ofhouseholdincomes across the US. Guess we need to add Khane to the lendarios 7 figure list.
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Umm, I never said it was a modest salary overall. I said it was a modest salary in places like Midtown Manhattan...

What the hell?

Modest probably still isn't the right word. 150k is still a good salary, but it's not a "great" salary in areas like that.
 
taebin

taebin

Same trailer, different park
973
450
Khane_sl said:
Modest probably still isn't the right word. 150k is still a good salary, but it's not a "great" salary in areas like that.
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Okay, then what do you think is a great tech salary if 150k is modest/good? 250k? 300k? Because 250-300k you're looking at very senior mgr / director / C level of large business. There's not a whole lot of those people out there. If that's your qualification for a "great" salary, then my point stands. I think even in Manhattan or San Fran, a $150k salary is pretty great. Maybe I'm way off and everybody who lives there takes home 30 grand a month.

Edit - also I should qualify we're talking about tech positions, right? Sr Engineer, Architect, Big Data, etc. We're not talking about hedge fund managers and lawyers. I guess my numbers earlier were apples to oranges.
 
K

koljec_sl

shitlord
845
2
Heylel_sl said:
I cannot conceive of ever needing a million dollar home. Jesus.
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6,000 square feet on a half acre lot to fill with stuff.

It's a development tucked away behind light commercial zoning! The only thing that I can figure is that people will pay to have neighbors that were also able to pay. The same sort of reasoning seems to apply to private schooling when they already have access to an elite public school.
 
Khane

Khane

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taebin_sl said:
Okay, then what do you think is a great tech salary if 150k is modest/good? 250k? 300k? Because 250-300k you're looking at very senior mgr / director / C level of large business. There's not a whole lot of those people out there. If that's your qualification for a "great" salary, then my point stands. I think even in Manhattan or San Fran, a $150k salary is pretty great. Maybe I'm way off and everybody who lives there takes home 30 grand a month.

Edit - also I should qualify we're talking about tech positions, right? Sr Engineer, Architect, Big Data, etc. We're not talking about hedge fund managers and lawyers. I guess my numbers earlier were apples to oranges.
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it isn't great. I would tell a headhunter to fuck off if they offered me 150k in Manhattan. A great salary in those areas is options and retarded bonuses that would make me consider moving. Like 400K+. Because living in areas like that isn't worth it otherwise.
 
Cad

Cad

scientia potentia est
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Khane_sl said:
it isn't great. I would tell a headhunter to fuck off if they offered me 150k in Manhattan. A great salary in those areas is options and retarded bonuses that would make me consider moving. Like 400K+. Because living in areas like that isn't worth it otherwise.
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Where do you live now Khane?
 
Xequecal

Xequecal

Trump's Staff
11,559
-2,388
taebin_sl said:
Okay, then what do you think is a great tech salary if 150k is modest/good? 250k? 300k? Because 250-300k you're looking at very senior mgr / director / C level of large business. There's not a whole lot of those people out there. If that's your qualification for a "great" salary, then my point stands. I think even in Manhattan or San Fran, a $150k salary is pretty great. Maybe I'm way off and everybody who lives there takes home 30 grand a month.

Edit - also I should qualify we're talking about tech positions, right? Sr Engineer, Architect, Big Data, etc. We're not talking about hedge fund managers and lawyers. I guess my numbers earlier were apples to oranges.
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You probably need at least 500k if you want to support a family in Manhattan and have them actually live in Manhattan. 3 bedroom apartment will run you $150k/year minimum in Manhattan.

So many people that work in Manhattan put their family up in a house outside the city and themselves live in a studio apartment during the week. You can't commute because it's two hours each way due to congestion. And with Wall Street working hours, they literally see their families one day a week. It's depressing.
 
T

Tenks

Bronze Knight of the Realm
14,163
607
Xequecal_sl said:
You probably need at least 500k if you want to support a family in Manhattan and have them actually live in Manhattan. 3 bedroom apartment will run you $150k/year minimum in Manhattan.

So many people that work in Manhattan put their family up in a house outside the city and themselves live in a studio apartment during the week. You can't commute because it's two hours each way due to congestion. And with Wall Street working hours, they literally see their families one day a week. It's depressing.
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I feel like I've seen a popular drama about this...
 
mkopec

mkopec

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So considering housing should be no more than 1/3 of your monthly income, person renting that apartment would have to make about $170,000 per year to live there comfortably.
 
Khane

Khane

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mkopec_sl said:
So considering housing should be no more than 1/3 of your monthly income, person renting that apartment would have to make about $170,000 per year to live there comfortably.
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Well, 170k if they don't pay taxes/SS/invest in a retirement fund.
 
Cad

Cad

scientia potentia est
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mkopec_sl said:
So considering housing should be no more than 1/3 of your monthly income, person renting that apartment would have to make about $170,000 per year to live there comfortably.
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Probably, but also consider you don't need a car, car insurance, gas, etc in Manhattan. So you can spend a little more on housing.

But also, LOL @ NY taxes, guy making $170k/yr would probably pay 40% in total income tax and then $60k for a 3-bedroom apt and be poor as shit, in effect. I wouldn't want to try to live in Manhattan on $170k/yr with 3 kids.
 
Khane

Khane

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Cad_sl said:
Probably, but also consider you don't need a car, car insurance, gas, etc in Manhattan. So you can spend a little more on housing.
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No vehicle needed but there is a city tax and subway/taxi/bus rides add up.
 
K

koljec_sl

shitlord
845
2
Vinen_sl said:
Trying to find a 2 family house to buy in the Boston area is
frown.png
:emoji_nose::emoji_nose:( Budget is ~1.5mil.
In-laws are going to move in with us in order to be closer to decent hospitals for Father in-laws future treatment.

Want something like this but split in 2.
https://www.redfin.com/MA/Arlington/.../home/52327462
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I like old houses, but that one is merely someone's staged renovation. Beware. Better to buy an old functional house and renovate it yourself. Better to have your own Frankenstein than someone else's.

Also, the front and back yards look shitty.
 
Cad

Cad

scientia potentia est
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1.5 mil to live with parents in a 130 year old house?

Fucking shoot me now
 
T

Tenks

Bronze Knight of the Realm
14,163
607
koljec_sl said:
I like old houses, but that one is merely someone's staged renovation. Beware. Better to buy an old functional house and renovate it yourself. Better to have your own Frankenstein than someone else's.

Also, the front and back yards look shitty.
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They have clothes in the closet and clothes around the laundry machine. I don't think I've ever seen a stage go so far to put shit in the closet. When I bought my house he said if you ever wonder just check the fridge. If there is shit in the fridge someone is actually living there and it isn't just a stage.
 
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