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Old 02-07-2016, 09:23 PM
 
Location: Raleigh NC
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Why do you feel you have to justify your reasoning and choices to anyone, especially strangers on the internet?
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Old 02-07-2016, 09:31 PM
 
4,313 posts, read 2,458,040 times
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Originally Posted by Geneyus View Post
The OP is wise beyond his years. I think he would enjoy the book "The Millionaire Next Door". There are too many people wasting all of their money on status instead of what they need. Why buy a huge house or a brand new car when a similar house a few blocks away or a reliable used car would cost half the price? Oh yeah, pride and status are involved.
A house a few blocks away would still cost 7 figures in the Bay Area.
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Old 02-07-2016, 10:17 PM
 
12,404 posts, read 9,229,429 times
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Originally Posted by Stagemomma View Post
Why do you feel you have to justify your reasoning and choices to anyone, especially strangers on the internet?
I don't have to, I want to.
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Old 02-07-2016, 10:19 PM
 
35,121 posts, read 37,911,509 times
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Originally Posted by ncole1 View Post
I don't have to, I want to.
If you would pay cash for a home you would have none of the worries listed in your originl post.
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Old 02-07-2016, 10:25 PM
 
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Originally Posted by CSD610 View Post
If you would pay cash for a home you would have none of the worries listed in your originl post.
I don't realistically see this happening for such high prices, at least not in the next 20 or 30 years. But very true. If I were in a super-lucrative career, it would be the natural thing.
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Old 02-08-2016, 07:19 AM
 
11,755 posts, read 16,499,150 times
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Originally Posted by ncole1 View Post
I don't realistically see this happening for such high prices, at least not in the next 20 or 30 years. But very true. If I were in a super-lucrative career, it would be the natural thing.
Change careers.
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Old 02-08-2016, 07:39 AM
 
Location: Mount Laurel
4,146 posts, read 8,411,640 times
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Originally Posted by ncole1 View Post
I don't realistically see this happening for such high prices, at least not in the next 20 or 30 years. But very true. If I were in a super-lucrative career, it would be the natural thing.

@If you are not in a super-lucrative career @29, what is your future plan for your next 30+ working years?
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Old 02-08-2016, 07:42 AM
 
12,404 posts, read 9,229,429 times
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Originally Posted by Threestep View Post
Change careers.
That takes many years. Even if I am earning six figures in 5 years it'll take 15 years to save full cash for a $300k or $400k house, realistically, unless I decide to stay single with no kids for the rest of my life (or at least the rest of my prime years).
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Old 02-08-2016, 07:44 AM
 
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We already have seen parking spots here sell for more then 250k
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Old 02-08-2016, 07:47 AM
 
12,404 posts, read 9,229,429 times
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Originally Posted by sj08054 View Post
@If you are not in a super-lucrative career @29, what is your future plan for your next 30+ working years?
My plan is, I'll apply for the moon and stars (but also the clouds and the earth), and take what I get. It seems like the only way to guarantee a good job is to be well versed in every computer language known to man. Some employers will only hire people who are good in C, others only those good in Python, others only those good in R, etc. I'm starting with Java in my spare time but this is going to take a long time, it does not come overnight. I feel like my many years in the Physics Ph.D. program didn't do me what I thought they would. Very few seem eager to hire a physicist without a background in engineering, lab work, or programming in (insert obscure language I never would have guessed they wanted me to know).

I've perused the job openings for quite a while. Employers these days are so picky. Arrrggghhh!

Last edited by ncole1; 02-08-2016 at 08:17 AM..
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