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Maybe, just maybe it's the price of homes in coastal urban areas that are the problem, not the $8.09 Jersey Mike's regular sandwich, chip, and drink special at the local deli.
Sometimes I can't believe the articles that get published.
Maybe, just maybe it's the price of homes in coastal urban areas that are the problem, not the $8.09 Jersey Mike's regular sandwich, chip, and drink special at the local deli.
Sometimes I can't believe the articles that get published.
Aren’t you one of the guys who mocks me one of the “guys in coastal urban areas”. This seems hypocritical that suddenly you’re “concerned” for them.
Aren’t you one of the guys who mocks me one of the “guys in coastal urban areas”. This seems hypocritical that suddenly you’re “concerned” for them.
The home prices are a problem. You're also free to leave to the plenty of metros in the interior of the country that have good job markets and housing costs a fraction of the Bay. The two are not mutually exclusive.
The home prices are a problem. You're also free to leave to the plenty of metros in the interior of the country that have good job markets and housing costs a fraction of the Bay. The two are not mutually exclusive.
If you expect a person in poverty to leave like me why not just expect everyone to do it? Why not have a massive migration? Problem solved.
If you expect a person in poverty to leave like me why not just expect everyone to do it? Why not have a massive migration? Problem solved.
You have something like $160k in the bank. Buy a house for $80-$100k in Indy in cash. You still have enough to go for a year or two in the bank. Wages/COL there is very favorable. You'd be a homeowner and doing much better within a couple of months.
[Maybe, just maybe it's the price of homes in coastal urban areas that are the problem, not the $8.09 Jersey Mike's regular sandwich, chip, and drink special at the local deli.
It's both. HCOL areas on the coasts are definitely tougher for first-time buyers to break into. But there are also many people who don't want to cut back on any of their discretionary spending to help scrape up enough cash for a down payment.
Quote:
Originally Posted by Perma Bear
If you expect a person in poverty to leave like me...
No one with a six-figure bank balance is impoverished. To describe yourself as impoverished is to insult the many people who ARE trying to make it on minimum-wage work.
It's both. HCOL areas on the coasts are definitely tougher for first-time buyers to break into. But there are also many people who don't want to cut back on any of their discretionary spending to help scrape up enough cash for a down payment.
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I guess if you're eating artisinal sandwiches at $20 a pop or something, it might be normal. It would cost me $3-$4 to make a sandwich like I'd get at Jersey Mike's (I load mine with veggies). I get out of there for $8.09 for a regular, chip, and a drink at lunch.
As far as my spending vices go, this is so minor that it doesn't register.
Maybe, just maybe it's the price of homes in coastal urban areas that are the problem, not the $8.09 Jersey Mike's regular sandwich, chip, and drink special at the local deli.
Sometimes I can't believe the articles that get published.
High home prices, and many Millennials have sizable student debt.
Maybe, just maybe it's the price of homes in coastal urban areas that are the problem, not the $8.09 Jersey Mike's regular sandwich, chip, and drink special at the local deli.
Sometimes I can't believe the articles that get published.
I have to agree on that one. People in every generation are stupid with money, anyway. It's definitely not unique to Millennials.
If you expect a person in poverty to leave like me why not just expect everyone to do it? Why not have a massive migration? Problem solved.
Yes, I actually agree with that. Lots of people complain, but they never take constructive action. They let fear of the unknown get the better of them and wallow in complaints instead.
The factor of the matter is opportunities change. Some places that had opportunities in the past don't know and vice versa. As mathjak has said, if you live in a desert and need water, you have to go where the water is. Don't stay in a desert if you want to be near water...but that's what people do, metaphorically speaking.
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