[an]

CONCHO, I agree that median and average have their flaws. However, if you think it’s nearly worthless, then do you have a suggestion of something better that allow us to do our own data mining including historical data? I take median and average data over anecdotal any day of the week. Or, are you saying since median, average, and anecdotal are all nearly worthless, so there’s no point in discussing about it?

[an]

CONCHO, I agree that median and average have their flaws. However, if you think it’s nearly worthless, then do you have a suggestion of something better that allow us to do our own data mining including historical data? I take median and average data over anecdotal any day of the week. Or, are you saying since median, average, and anecdotal are all nearly worthless, so there’s no point in discussing about it?

[an]

CAR, I agree with you that if you’re unemployed today, life is worse for you today than 10 years ago. One question for you, were you friends in engineering 10 years ago? 10 years ago = .com crash. I know many engineers who got laid off back then and those who are just graduating between 2000-2003 were lucky to find a job. So, today, when unemployment for white collar workers are under <8%, I think most engineers feels better off today than 10 years ago.

[an]

CAR, I agree with you that if you’re unemployed today, life is worse for you today than 10 years ago. One question for you, were you friends in engineering 10 years ago? 10 years ago = .com crash. I know many engineers who got laid off back then and those who are just graduating between 2000-2003 were lucky to find a job. So, today, when unemployment for white collar workers are under <8%, I think most engineers feels better off today than 10 years ago.

[an]

CAR, I agree with you that if you’re unemployed today, life is worse for you today than 10 years ago. One question for you, were you friends in engineering 10 years ago? 10 years ago = .com crash. I know many engineers who got laid off back then and those who are just graduating between 2000-2003 were lucky to find a job. So, today, when unemployment for white collar workers are under <8%, I think most engineers feels better off today than 10 years ago.

[an]

CAR, I agree with you that if you’re unemployed today, life is worse for you today than 10 years ago. One question for you, were you friends in engineering 10 years ago? 10 years ago = .com crash. I know many engineers who got laid off back then and those who are just graduating between 2000-2003 were lucky to find a job. So, today, when unemployment for white collar workers are under <8%, I think most engineers feels better off today than 10 years ago.

[an]

CAR, I agree with you that if you’re unemployed today, life is worse for you today than 10 years ago. One question for you, were you friends in engineering 10 years ago? 10 years ago = .com crash. I know many engineers who got laid off back then and those who are just graduating between 2000-2003 were lucky to find a job. So, today, when unemployment for white collar workers are under <8%, I think most engineers feels better off today than 10 years ago.

[an]

[quote=Eugene][quote]RIght now, I can get my oil change for $10. Are you saying oil change was $5 10 years ago?[/quote]

You can’t get anything remotely resembling decent oil for $10. I pay $25 for six quarts of synthetic at Walmart, before filter and before labor. Even if the mechanic has a super-nice wholesale deal on the oil, $10 is still not happening, unless they are doing the oil change at a loss for some reason.[/quote]
I wasn’t referring to synthetic oil. I was referring to those adds in the Penny Saver. I wasn’t looking at synthetic 10 years ago, so maybe you can tell me what the cost was back then but 6-8 years ago, mobil 1 Synthetic was going for around $4-5/quart as well, IIRC. So, for an I4 car using 4 quart at $4/quart + $2 for filter, you’re looking at $18-20 for materials. Right now, labor is $5 for one of the shop in Miramar or $20 if I take it to the dealer (dealer will clean my car as well). So, you’re looking at $25-40 for an oil change, depending on where you take it to.

[an]

[quote=Eugene][quote]RIght now, I can get my oil change for $10. Are you saying oil change was $5 10 years ago?[/quote]

You can’t get anything remotely resembling decent oil for $10. I pay $25 for six quarts of synthetic at Walmart, before filter and before labor. Even if the mechanic has a super-nice wholesale deal on the oil, $10 is still not happening, unless they are doing the oil change at a loss for some reason.[/quote]
I wasn’t referring to synthetic oil. I was referring to those adds in the Penny Saver. I wasn’t looking at synthetic 10 years ago, so maybe you can tell me what the cost was back then but 6-8 years ago, mobil 1 Synthetic was going for around $4-5/quart as well, IIRC. So, for an I4 car using 4 quart at $4/quart + $2 for filter, you’re looking at $18-20 for materials. Right now, labor is $5 for one of the shop in Miramar or $20 if I take it to the dealer (dealer will clean my car as well). So, you’re looking at $25-40 for an oil change, depending on where you take it to.

[an]

[quote=Eugene][quote]RIght now, I can get my oil change for $10. Are you saying oil change was $5 10 years ago?[/quote]

You can’t get anything remotely resembling decent oil for $10. I pay $25 for six quarts of synthetic at Walmart, before filter and before labor. Even if the mechanic has a super-nice wholesale deal on the oil, $10 is still not happening, unless they are doing the oil change at a loss for some reason.[/quote]
I wasn’t referring to synthetic oil. I was referring to those adds in the Penny Saver. I wasn’t looking at synthetic 10 years ago, so maybe you can tell me what the cost was back then but 6-8 years ago, mobil 1 Synthetic was going for around $4-5/quart as well, IIRC. So, for an I4 car using 4 quart at $4/quart + $2 for filter, you’re looking at $18-20 for materials. Right now, labor is $5 for one of the shop in Miramar or $20 if I take it to the dealer (dealer will clean my car as well). So, you’re looking at $25-40 for an oil change, depending on where you take it to.

[an]

[quote=Eugene][quote]RIght now, I can get my oil change for $10. Are you saying oil change was $5 10 years ago?[/quote]

You can’t get anything remotely resembling decent oil for $10. I pay $25 for six quarts of synthetic at Walmart, before filter and before labor. Even if the mechanic has a super-nice wholesale deal on the oil, $10 is still not happening, unless they are doing the oil change at a loss for some reason.[/quote]
I wasn’t referring to synthetic oil. I was referring to those adds in the Penny Saver. I wasn’t looking at synthetic 10 years ago, so maybe you can tell me what the cost was back then but 6-8 years ago, mobil 1 Synthetic was going for around $4-5/quart as well, IIRC. So, for an I4 car using 4 quart at $4/quart + $2 for filter, you’re looking at $18-20 for materials. Right now, labor is $5 for one of the shop in Miramar or $20 if I take it to the dealer (dealer will clean my car as well). So, you’re looking at $25-40 for an oil change, depending on where you take it to.

[an]

[quote=Eugene][quote]RIght now, I can get my oil change for $10. Are you saying oil change was $5 10 years ago?[/quote]

You can’t get anything remotely resembling decent oil for $10. I pay $25 for six quarts of synthetic at Walmart, before filter and before labor. Even if the mechanic has a super-nice wholesale deal on the oil, $10 is still not happening, unless they are doing the oil change at a loss for some reason.[/quote]
I wasn’t referring to synthetic oil. I was referring to those adds in the Penny Saver. I wasn’t looking at synthetic 10 years ago, so maybe you can tell me what the cost was back then but 6-8 years ago, mobil 1 Synthetic was going for around $4-5/quart as well, IIRC. So, for an I4 car using 4 quart at $4/quart + $2 for filter, you’re looking at $18-20 for materials. Right now, labor is $5 for one of the shop in Miramar or $20 if I take it to the dealer (dealer will clean my car as well). So, you’re looking at $25-40 for an oil change, depending on where you take it to.

[an]

Interesting comment sobmaz. I personally would think I’m doing better than 10 years ago if my asset is 7x and $600k larger than it was 10 years ago. I wonder who else feel they’re not doing better than 10 years ago while sitting on an asset that’s 7x larger.

BTW, do you have data to back up those statement about car maintenance cost? RIght now, I can get my oil change for $10. Are you saying oil change was $5 10 years ago?

You’re contradicting yourself w/ the median housing price and being worse off. If all those low end homes are pulling down the median price (much more than 10 years ago), then wouldn’t that mean people who are looking for a low end homes are not only getting a great deal w/ the home price AND a killer interest rate?

Also, care to tell me if your new monthly payment with today’s rate save you enough to cover all of the increases you’ve mentioned?

[an]

Interesting comment sobmaz. I personally would think I’m doing better than 10 years ago if my asset is 7x and $600k larger than it was 10 years ago. I wonder who else feel they’re not doing better than 10 years ago while sitting on an asset that’s 7x larger.

BTW, do you have data to back up those statement about car maintenance cost? RIght now, I can get my oil change for $10. Are you saying oil change was $5 10 years ago?

You’re contradicting yourself w/ the median housing price and being worse off. If all those low end homes are pulling down the median price (much more than 10 years ago), then wouldn’t that mean people who are looking for a low end homes are not only getting a great deal w/ the home price AND a killer interest rate?

Also, care to tell me if your new monthly payment with today’s rate save you enough to cover all of the increases you’ve mentioned?

[an]

Interesting comment sobmaz. I personally would think I’m doing better than 10 years ago if my asset is 7x and $600k larger than it was 10 years ago. I wonder who else feel they’re not doing better than 10 years ago while sitting on an asset that’s 7x larger.

BTW, do you have data to back up those statement about car maintenance cost? RIght now, I can get my oil change for $10. Are you saying oil change was $5 10 years ago?

You’re contradicting yourself w/ the median housing price and being worse off. If all those low end homes are pulling down the median price (much more than 10 years ago), then wouldn’t that mean people who are looking for a low end homes are not only getting a great deal w/ the home price AND a killer interest rate?

Also, care to tell me if your new monthly payment with today’s rate save you enough to cover all of the increases you’ve mentioned?

[Author]

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