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December 10, 2008 at 8:41 AM #314144December 10, 2008 at 12:04 PM #314166stockstradrParticipant
I do agree that a family can live a “nice” middle-class life in San Diego on $150,000, assuming you got a thrifty wife who stays away from the malls, away from Manolo Blahnik shoes.
I think a middle-class life in Bay Area (where we are now) requires more total family income than $150K/year if you got wife and kids.
December 10, 2008 at 12:04 PM #314258stockstradrParticipantI do agree that a family can live a “nice” middle-class life in San Diego on $150,000, assuming you got a thrifty wife who stays away from the malls, away from Manolo Blahnik shoes.
I think a middle-class life in Bay Area (where we are now) requires more total family income than $150K/year if you got wife and kids.
December 10, 2008 at 12:04 PM #314188stockstradrParticipantI do agree that a family can live a “nice” middle-class life in San Diego on $150,000, assuming you got a thrifty wife who stays away from the malls, away from Manolo Blahnik shoes.
I think a middle-class life in Bay Area (where we are now) requires more total family income than $150K/year if you got wife and kids.
December 10, 2008 at 12:04 PM #314135stockstradrParticipantI do agree that a family can live a “nice” middle-class life in San Diego on $150,000, assuming you got a thrifty wife who stays away from the malls, away from Manolo Blahnik shoes.
I think a middle-class life in Bay Area (where we are now) requires more total family income than $150K/year if you got wife and kids.
December 10, 2008 at 12:04 PM #313776stockstradrParticipantI do agree that a family can live a “nice” middle-class life in San Diego on $150,000, assuming you got a thrifty wife who stays away from the malls, away from Manolo Blahnik shoes.
I think a middle-class life in Bay Area (where we are now) requires more total family income than $150K/year if you got wife and kids.
December 10, 2008 at 3:31 PM #31420534f3f3fParticipant$3700 a month for a condo is plainly ridiculous. You could rent for half that. I’m not sure what there is in San Diego that helps you part with $150k a year, unless you are splurging on high end consumption, but you could do that anywhere. Consumption is going to be one of the next major blots on the landscape, particularly as China gears up, and competes for resources. It might sound very trite but learning to scale down and live more “simply” has it’s rewards. A little more soul searching and a little less materialism is healthy, and you don’t need to hug trees either.
December 10, 2008 at 3:31 PM #31423634f3f3fParticipant$3700 a month for a condo is plainly ridiculous. You could rent for half that. I’m not sure what there is in San Diego that helps you part with $150k a year, unless you are splurging on high end consumption, but you could do that anywhere. Consumption is going to be one of the next major blots on the landscape, particularly as China gears up, and competes for resources. It might sound very trite but learning to scale down and live more “simply” has it’s rewards. A little more soul searching and a little less materialism is healthy, and you don’t need to hug trees either.
December 10, 2008 at 3:31 PM #31384634f3f3fParticipant$3700 a month for a condo is plainly ridiculous. You could rent for half that. I’m not sure what there is in San Diego that helps you part with $150k a year, unless you are splurging on high end consumption, but you could do that anywhere. Consumption is going to be one of the next major blots on the landscape, particularly as China gears up, and competes for resources. It might sound very trite but learning to scale down and live more “simply” has it’s rewards. A little more soul searching and a little less materialism is healthy, and you don’t need to hug trees either.
December 10, 2008 at 3:31 PM #31425934f3f3fParticipant$3700 a month for a condo is plainly ridiculous. You could rent for half that. I’m not sure what there is in San Diego that helps you part with $150k a year, unless you are splurging on high end consumption, but you could do that anywhere. Consumption is going to be one of the next major blots on the landscape, particularly as China gears up, and competes for resources. It might sound very trite but learning to scale down and live more “simply” has it’s rewards. A little more soul searching and a little less materialism is healthy, and you don’t need to hug trees either.
December 10, 2008 at 3:31 PM #31432834f3f3fParticipant$3700 a month for a condo is plainly ridiculous. You could rent for half that. I’m not sure what there is in San Diego that helps you part with $150k a year, unless you are splurging on high end consumption, but you could do that anywhere. Consumption is going to be one of the next major blots on the landscape, particularly as China gears up, and competes for resources. It might sound very trite but learning to scale down and live more “simply” has it’s rewards. A little more soul searching and a little less materialism is healthy, and you don’t need to hug trees either.
December 10, 2008 at 10:15 PM #314086orthofrancisParticipantWow – total payout for the mortgage fees alone, assuming a 30 year mortgage is just over one million. Adding in the condo fees and taxes, they will pay 1.3 million over 30 years.
Lets see, 3700 x 12 months = 44.4 k/year to live there
renting comp unit 2100 x 12 = 25.2k/year (averaged hits from craigslist of 2 bd rentals around union square)You can rent same place for about half of what the pay to own.
ewwww
December 10, 2008 at 10:15 PM #314445orthofrancisParticipantWow – total payout for the mortgage fees alone, assuming a 30 year mortgage is just over one million. Adding in the condo fees and taxes, they will pay 1.3 million over 30 years.
Lets see, 3700 x 12 months = 44.4 k/year to live there
renting comp unit 2100 x 12 = 25.2k/year (averaged hits from craigslist of 2 bd rentals around union square)You can rent same place for about half of what the pay to own.
ewwww
December 10, 2008 at 10:15 PM #314476orthofrancisParticipantWow – total payout for the mortgage fees alone, assuming a 30 year mortgage is just over one million. Adding in the condo fees and taxes, they will pay 1.3 million over 30 years.
Lets see, 3700 x 12 months = 44.4 k/year to live there
renting comp unit 2100 x 12 = 25.2k/year (averaged hits from craigslist of 2 bd rentals around union square)You can rent same place for about half of what the pay to own.
ewwww
December 10, 2008 at 10:15 PM #314498orthofrancisParticipantWow – total payout for the mortgage fees alone, assuming a 30 year mortgage is just over one million. Adding in the condo fees and taxes, they will pay 1.3 million over 30 years.
Lets see, 3700 x 12 months = 44.4 k/year to live there
renting comp unit 2100 x 12 = 25.2k/year (averaged hits from craigslist of 2 bd rentals around union square)You can rent same place for about half of what the pay to own.
ewwww
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