World Turned upside down

[sdrealtor]

I will watch the video after the kids are asleep and will let you know what i think.

No one travelled to Europe or camped across the US all Summer. Our parents were all busy working. Who had that kind of time off? No one I ever knew?

[bearishgurl]

[quote=sdrealtor]Just wanted to add one thing. I zillowed the house i described above and its worth about $220K today. The area, demographics and HH incomes are very comparable if not higher than where i live today but home prices area 1/2 to 1/3 of what they area here. This is just an expensive place to live and the rest of the country isnt like this. Most of the country is very affordable to average folk. This area has become much more desireable over the last couple decades relative to most of the country and housing prices reflect that.[/quote]

I agree. Understand everything here. I have a LOT of relatives whose net worth is very, VERY high but they live in their $180 – $200K +/- 2000 sf new(ish) “luxury” brick homes on 5-20 AC lots with their multiple pets, horses, livestock and equipment and drive American vehicles. They could all afford to pay cash for a property in “Nirvana” but would rather just visit places like that occasionally instead of live there. And only a couple of them have “flat screen” TV’s or even care about such things. Most can only get satellite svc.

I think it is mostly the “under 35” demographic who has a constant thirst for the latest electronics and gadgets. Of course, the interior of the US is not immune from “materialism,” but I think the need to financially over-extend oneself “because they can” and the “keeping up the Joneses” mindsets are mainly a “coastal phenomenon.” From what I’ve seen, many *wealthy* landowners and business people in WY, NE, KS, OK, AR and TX drive American pickups (some older). Most of these pickups look like they haven’t been washed in a year but the drivers don’t seem to care :=]

[bearishgurl]

[quote=sdrealtor]Just wanted to add one thing. I zillowed the house i described above and its worth about $220K today. The area, demographics and HH incomes are very comparable if not higher than where i live today but home prices area 1/2 to 1/3 of what they area here. This is just an expensive place to live and the rest of the country isnt like this. Most of the country is very affordable to average folk. This area has become much more desireable over the last couple decades relative to most of the country and housing prices reflect that.[/quote]

I agree. Understand everything here. I have a LOT of relatives whose net worth is very, VERY high but they live in their $180 – $200K +/- 2000 sf new(ish) “luxury” brick homes on 5-20 AC lots with their multiple pets, horses, livestock and equipment and drive American vehicles. They could all afford to pay cash for a property in “Nirvana” but would rather just visit places like that occasionally instead of live there. And only a couple of them have “flat screen” TV’s or even care about such things. Most can only get satellite svc.

I think it is mostly the “under 35” demographic who has a constant thirst for the latest electronics and gadgets. Of course, the interior of the US is not immune from “materialism,” but I think the need to financially over-extend oneself “because they can” and the “keeping up the Joneses” mindsets are mainly a “coastal phenomenon.” From what I’ve seen, many *wealthy* landowners and business people in WY, NE, KS, OK, AR and TX drive American pickups (some older). Most of these pickups look like they haven’t been washed in a year but the drivers don’t seem to care :=]

[bearishgurl]

[quote=sdrealtor]Just wanted to add one thing. I zillowed the house i described above and its worth about $220K today. The area, demographics and HH incomes are very comparable if not higher than where i live today but home prices area 1/2 to 1/3 of what they area here. This is just an expensive place to live and the rest of the country isnt like this. Most of the country is very affordable to average folk. This area has become much more desireable over the last couple decades relative to most of the country and housing prices reflect that.[/quote]

I agree. Understand everything here. I have a LOT of relatives whose net worth is very, VERY high but they live in their $180 – $200K +/- 2000 sf new(ish) “luxury” brick homes on 5-20 AC lots with their multiple pets, horses, livestock and equipment and drive American vehicles. They could all afford to pay cash for a property in “Nirvana” but would rather just visit places like that occasionally instead of live there. And only a couple of them have “flat screen” TV’s or even care about such things. Most can only get satellite svc.

I think it is mostly the “under 35” demographic who has a constant thirst for the latest electronics and gadgets. Of course, the interior of the US is not immune from “materialism,” but I think the need to financially over-extend oneself “because they can” and the “keeping up the Joneses” mindsets are mainly a “coastal phenomenon.” From what I’ve seen, many *wealthy* landowners and business people in WY, NE, KS, OK, AR and TX drive American pickups (some older). Most of these pickups look like they haven’t been washed in a year but the drivers don’t seem to care :=]

[bearishgurl]

[quote=sdrealtor]Just wanted to add one thing. I zillowed the house i described above and its worth about $220K today. The area, demographics and HH incomes are very comparable if not higher than where i live today but home prices area 1/2 to 1/3 of what they area here. This is just an expensive place to live and the rest of the country isnt like this. Most of the country is very affordable to average folk. This area has become much more desireable over the last couple decades relative to most of the country and housing prices reflect that.[/quote]

I agree. Understand everything here. I have a LOT of relatives whose net worth is very, VERY high but they live in their $180 – $200K +/- 2000 sf new(ish) “luxury” brick homes on 5-20 AC lots with their multiple pets, horses, livestock and equipment and drive American vehicles. They could all afford to pay cash for a property in “Nirvana” but would rather just visit places like that occasionally instead of live there. And only a couple of them have “flat screen” TV’s or even care about such things. Most can only get satellite svc.

I think it is mostly the “under 35” demographic who has a constant thirst for the latest electronics and gadgets. Of course, the interior of the US is not immune from “materialism,” but I think the need to financially over-extend oneself “because they can” and the “keeping up the Joneses” mindsets are mainly a “coastal phenomenon.” From what I’ve seen, many *wealthy* landowners and business people in WY, NE, KS, OK, AR and TX drive American pickups (some older). Most of these pickups look like they haven’t been washed in a year but the drivers don’t seem to care :=]

[bearishgurl]

[quote=sdrealtor]Just wanted to add one thing. I zillowed the house i described above and its worth about $220K today. The area, demographics and HH incomes are very comparable if not higher than where i live today but home prices area 1/2 to 1/3 of what they area here. This is just an expensive place to live and the rest of the country isnt like this. Most of the country is very affordable to average folk. This area has become much more desireable over the last couple decades relative to most of the country and housing prices reflect that.[/quote]

I agree. Understand everything here. I have a LOT of relatives whose net worth is very, VERY high but they live in their $180 – $200K +/- 2000 sf new(ish) “luxury” brick homes on 5-20 AC lots with their multiple pets, horses, livestock and equipment and drive American vehicles. They could all afford to pay cash for a property in “Nirvana” but would rather just visit places like that occasionally instead of live there. And only a couple of them have “flat screen” TV’s or even care about such things. Most can only get satellite svc.

I think it is mostly the “under 35” demographic who has a constant thirst for the latest electronics and gadgets. Of course, the interior of the US is not immune from “materialism,” but I think the need to financially over-extend oneself “because they can” and the “keeping up the Joneses” mindsets are mainly a “coastal phenomenon.” From what I’ve seen, many *wealthy* landowners and business people in WY, NE, KS, OK, AR and TX drive American pickups (some older). Most of these pickups look like they haven’t been washed in a year but the drivers don’t seem to care :=]

[CA renter]

[quote=sdrealtor]get off it BG, I am not addressing your values but rather society at large’s value. Growing up people I knew didnt have 3 TV’s or eat out every week. My best friend’s father was VP of sales and Marketing for a pretty large international company. They drove 2 simple american cars, lived in 1800 sq ft 2 story home w/ a 1 car garage, never travelled to Europe and rarely travelled anywhere but FLA to visit family. He had a big time job. When he retired, he was one of 2 co-founders of what was the #1 sports memorabilia company in the country and sold out at the peak when they went public for 8 figures and never altered their lifestyle much. Another good friends father was a physician and drove a Dodge dart until the wells fell off. They like most of the people I know lived simple comfortable lives but saved and retired comfortably.

I listen to the lifestyle CAR says she grew up around and wonder how much here and her DH’s parents retired with? I wonder whether they were living beyond their means and not saving much? I don’t know? Maybe she can fill us in?[/quote]

No hardships, whatsoever, during my parents’ retirements. They made some good decisions early on, invested well, and lived very frugally in most respects. They were financially prepared to live decades longer than they did.

[CA renter]

[quote=sdrealtor]get off it BG, I am not addressing your values but rather society at large’s value. Growing up people I knew didnt have 3 TV’s or eat out every week. My best friend’s father was VP of sales and Marketing for a pretty large international company. They drove 2 simple american cars, lived in 1800 sq ft 2 story home w/ a 1 car garage, never travelled to Europe and rarely travelled anywhere but FLA to visit family. He had a big time job. When he retired, he was one of 2 co-founders of what was the #1 sports memorabilia company in the country and sold out at the peak when they went public for 8 figures and never altered their lifestyle much. Another good friends father was a physician and drove a Dodge dart until the wells fell off. They like most of the people I know lived simple comfortable lives but saved and retired comfortably.

I listen to the lifestyle CAR says she grew up around and wonder how much here and her DH’s parents retired with? I wonder whether they were living beyond their means and not saving much? I don’t know? Maybe she can fill us in?[/quote]

No hardships, whatsoever, during my parents’ retirements. They made some good decisions early on, invested well, and lived very frugally in most respects. They were financially prepared to live decades longer than they did.

[CA renter]

[quote=sdrealtor]get off it BG, I am not addressing your values but rather society at large’s value. Growing up people I knew didnt have 3 TV’s or eat out every week. My best friend’s father was VP of sales and Marketing for a pretty large international company. They drove 2 simple american cars, lived in 1800 sq ft 2 story home w/ a 1 car garage, never travelled to Europe and rarely travelled anywhere but FLA to visit family. He had a big time job. When he retired, he was one of 2 co-founders of what was the #1 sports memorabilia company in the country and sold out at the peak when they went public for 8 figures and never altered their lifestyle much. Another good friends father was a physician and drove a Dodge dart until the wells fell off. They like most of the people I know lived simple comfortable lives but saved and retired comfortably.

I listen to the lifestyle CAR says she grew up around and wonder how much here and her DH’s parents retired with? I wonder whether they were living beyond their means and not saving much? I don’t know? Maybe she can fill us in?[/quote]

No hardships, whatsoever, during my parents’ retirements. They made some good decisions early on, invested well, and lived very frugally in most respects. They were financially prepared to live decades longer than they did.

[CA renter]

[quote=sdrealtor]get off it BG, I am not addressing your values but rather society at large’s value. Growing up people I knew didnt have 3 TV’s or eat out every week. My best friend’s father was VP of sales and Marketing for a pretty large international company. They drove 2 simple american cars, lived in 1800 sq ft 2 story home w/ a 1 car garage, never travelled to Europe and rarely travelled anywhere but FLA to visit family. He had a big time job. When he retired, he was one of 2 co-founders of what was the #1 sports memorabilia company in the country and sold out at the peak when they went public for 8 figures and never altered their lifestyle much. Another good friends father was a physician and drove a Dodge dart until the wells fell off. They like most of the people I know lived simple comfortable lives but saved and retired comfortably.

I listen to the lifestyle CAR says she grew up around and wonder how much here and her DH’s parents retired with? I wonder whether they were living beyond their means and not saving much? I don’t know? Maybe she can fill us in?[/quote]

No hardships, whatsoever, during my parents’ retirements. They made some good decisions early on, invested well, and lived very frugally in most respects. They were financially prepared to live decades longer than they did.

[CA renter]

[quote=sdrealtor]get off it BG, I am not addressing your values but rather society at large’s value. Growing up people I knew didnt have 3 TV’s or eat out every week. My best friend’s father was VP of sales and Marketing for a pretty large international company. They drove 2 simple american cars, lived in 1800 sq ft 2 story home w/ a 1 car garage, never travelled to Europe and rarely travelled anywhere but FLA to visit family. He had a big time job. When he retired, he was one of 2 co-founders of what was the #1 sports memorabilia company in the country and sold out at the peak when they went public for 8 figures and never altered their lifestyle much. Another good friends father was a physician and drove a Dodge dart until the wells fell off. They like most of the people I know lived simple comfortable lives but saved and retired comfortably.

I listen to the lifestyle CAR says she grew up around and wonder how much here and her DH’s parents retired with? I wonder whether they were living beyond their means and not saving much? I don’t know? Maybe she can fill us in?[/quote]

No hardships, whatsoever, during my parents’ retirements. They made some good decisions early on, invested well, and lived very frugally in most respects. They were financially prepared to live decades longer than they did.

[CA renter]

[quote=sdrealtor]I will watch the video after the kids are asleep and will let you know what i think.

No one travelled to Europe or camped across the US all Summer. Our parents were all busy working. Who had that kind of time off? No one I ever knew?[/quote]

Professors and RE brokers had that time off.

[CA renter]

[quote=sdrealtor]I will watch the video after the kids are asleep and will let you know what i think.

No one travelled to Europe or camped across the US all Summer. Our parents were all busy working. Who had that kind of time off? No one I ever knew?[/quote]

Professors and RE brokers had that time off.

[CA renter]

[quote=sdrealtor]I will watch the video after the kids are asleep and will let you know what i think.

No one travelled to Europe or camped across the US all Summer. Our parents were all busy working. Who had that kind of time off? No one I ever knew?[/quote]

Professors and RE brokers had that time off.

[CA renter]

[quote=sdrealtor]I will watch the video after the kids are asleep and will let you know what i think.

No one travelled to Europe or camped across the US all Summer. Our parents were all busy working. Who had that kind of time off? No one I ever knew?[/quote]

Professors and RE brokers had that time off.

[Author]

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