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jstoesz
Participant[quote=sdrealtor][quote=CafeMoto][quote=UCguy]Sigh….
It seems to make more sense to wait at least 2 more years maybe 3 tops….until so we can put 20% (and be under 417K).That is how I am thinking of a middle ground compromise.
How I will come up with that 20%: well, I want to have some cash on hand so I will probably borrow 5% from 401k (30K), preferably from less riskier one (the 403b0, AND make sure I have AT LEAST THAT MUCH left in cash, if not more. So, I need to save ~50K or 25K a year.
We have already reduced the 403b contribution to a minimum (because of no more matching in UCSD), on the other hand I will continue to contribute to my 401k 6% (the company will match 3%) – so I won’t max it out anymore.
The upside of this wait is that in a couple of years it would be hopefully a more normal market, with tighter rules, and lower home prices…I never thought it would take this long though, so who knows how long this still has to unfold….[/quote]
I agree with this decision, it is like jstoesz said; if people that can afford to get in at 550K (but its a huge stretch) stop buying the most house they can afford prices will come down. Not too many households making close to 200k so prices are likely to keep sliding I believe. Wishing you and the piggs who have bought nothing but the best. Your kids and friends will probably enjoy you more as parents not being financially rung.[/quote]
If I’m not mistaken jstoesz now lives somewhere out in the woods in a suburb of Sacramento. If thats what you want out of life so be it. With an income pushing 200K a 550K purchase is far from a stretch, its an no brainer budgetwise unless you are very conservative as many around here are. From personal experience, once your income is above roughly 100K the ratios go out the window. You can afford the things you need and now it is a question of what you want. Above 100K, most folks could comfortably devote close to 50% of their incremental income if that is what they wanted. So the real question is what do you want?[/quote]
Haha! sdr, you are correct…
Now I must brag to defend my lifestyle choices to all the citi-its/tour-ons (sound it out) of SD!
Last weekend, I spent Saturday skiing 2 feet of Utah quality champagne powder (45 mins from my door) and rounded it out with 10 pitches of glorious sierra trad climbing on sunday (30 mins from my door) while working on my sun tan. So if you want to defend you smog filled traffic jam existence in the over priced crap holdem of sd suburbs…well color me skeptical!
And make no mistake, this is a normal weekend for me…I am Yosemite bond next weekend for a short route up the backside of half dome!
Participant[quote=briansd1][quote=mlarsen23]There are two novels that can change a bookish fourteen-year old’s life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.[/quote]
I’ve read neither (although I read excerpt of Atlas).
I’m not really into fantasy stuff so I have no idea what Lord of Rings or Happy Potter are all about. Don’t even want to watch the movies.
Used to read historical novels such as Ivanhoe and The Three Musketeers as a youth. I know, pretty conservative for my generation.[/quote]
Brian,
I would strongly encourage you to read it. I know it will make you go blind, and I give you a pass on skimming some of the 50 page rants…we all do it. But I think it will be highly enlightening to your world view and your politics more directly.
And to reciprocate, is the a book I should read that will remove the scales from my socialist eyes still yet untouched be Rousseau and Marx…or the NYT’s:)
I love a good trip down fantasy lane, because after all isn’t that what philosophy is? A pure idea applied to an impure world. The better it describes the indescribable the more worthwhile the philosophy. Caricatures/philosophies are just simplifications of things…
Participant[quote=briansd1][quote=mlarsen23]There are two novels that can change a bookish fourteen-year old’s life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.[/quote]
I’ve read neither (although I read excerpt of Atlas).
I’m not really into fantasy stuff so I have no idea what Lord of Rings or Happy Potter are all about. Don’t even want to watch the movies.
Used to read historical novels such as Ivanhoe and The Three Musketeers as a youth. I know, pretty conservative for my generation.[/quote]
Brian,
I would strongly encourage you to read it. I know it will make you go blind, and I give you a pass on skimming some of the 50 page rants…we all do it. But I think it will be highly enlightening to your world view and your politics more directly.
And to reciprocate, is the a book I should read that will remove the scales from my socialist eyes still yet untouched be Rousseau and Marx…or the NYT’s:)
I love a good trip down fantasy lane, because after all isn’t that what philosophy is? A pure idea applied to an impure world. The better it describes the indescribable the more worthwhile the philosophy. Caricatures/philosophies are just simplifications of things…
Participant[quote=briansd1][quote=mlarsen23]There are two novels that can change a bookish fourteen-year old’s life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.[/quote]
I’ve read neither (although I read excerpt of Atlas).
I’m not really into fantasy stuff so I have no idea what Lord of Rings or Happy Potter are all about. Don’t even want to watch the movies.
Used to read historical novels such as Ivanhoe and The Three Musketeers as a youth. I know, pretty conservative for my generation.[/quote]
Brian,
I would strongly encourage you to read it. I know it will make you go blind, and I give you a pass on skimming some of the 50 page rants…we all do it. But I think it will be highly enlightening to your world view and your politics more directly.
And to reciprocate, is the a book I should read that will remove the scales from my socialist eyes still yet untouched be Rousseau and Marx…or the NYT’s:)
I love a good trip down fantasy lane, because after all isn’t that what philosophy is? A pure idea applied to an impure world. The better it describes the indescribable the more worthwhile the philosophy. Caricatures/philosophies are just simplifications of things…
Participant[quote=briansd1][quote=mlarsen23]There are two novels that can change a bookish fourteen-year old’s life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.[/quote]
I’ve read neither (although I read excerpt of Atlas).
I’m not really into fantasy stuff so I have no idea what Lord of Rings or Happy Potter are all about. Don’t even want to watch the movies.
Used to read historical novels such as Ivanhoe and The Three Musketeers as a youth. I know, pretty conservative for my generation.[/quote]
Brian,
I would strongly encourage you to read it. I know it will make you go blind, and I give you a pass on skimming some of the 50 page rants…we all do it. But I think it will be highly enlightening to your world view and your politics more directly.
And to reciprocate, is the a book I should read that will remove the scales from my socialist eyes still yet untouched be Rousseau and Marx…or the NYT’s:)
I love a good trip down fantasy lane, because after all isn’t that what philosophy is? A pure idea applied to an impure world. The better it describes the indescribable the more worthwhile the philosophy. Caricatures/philosophies are just simplifications of things…
Participant[quote=briansd1][quote=mlarsen23]There are two novels that can change a bookish fourteen-year old’s life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.[/quote]
I’ve read neither (although I read excerpt of Atlas).
I’m not really into fantasy stuff so I have no idea what Lord of Rings or Happy Potter are all about. Don’t even want to watch the movies.
Used to read historical novels such as Ivanhoe and The Three Musketeers as a youth. I know, pretty conservative for my generation.[/quote]
Brian,
I would strongly encourage you to read it. I know it will make you go blind, and I give you a pass on skimming some of the 50 page rants…we all do it. But I think it will be highly enlightening to your world view and your politics more directly.
And to reciprocate, is the a book I should read that will remove the scales from my socialist eyes still yet untouched be Rousseau and Marx…or the NYT’s:)
I love a good trip down fantasy lane, because after all isn’t that what philosophy is? A pure idea applied to an impure world. The better it describes the indescribable the more worthwhile the philosophy. Caricatures/philosophies are just simplifications of things…
ParticipantTo throw my two cents into the ring…
I think Atlas Shrugged should be required reading for every man woman and child…But I put a few books into the category. Few fictional books even come close. But I think if we teach Marx we must teach Rand. If we teach Aquinas we must teach Rand. If we teach Rousseau and Locke we must teach Rand. She was a few hundred years to late and wrote books that did not satisfy intelligentsia; this kept her from the philosophical cannon, but her Ideas are no less important and flawed than all the rest. Only a simple minded fool takes another’s idea or theory and applies it to every aspect of their lives. We should not evaluate an idea (philosophy) on where it breaks down, but rather where it rings true.
We feel totally comfortable taking about the state of nature from Aquinas or Rousseau or Lock, and find values in their conflicting ideas. We find truths in the Republic even though Plato is advocating for a vilest of tyrannical police states.
Are they true? Would you want to apply Plato’s view of people to your personal life, or worse Frued?
Of course not. But her (Rand’s) values are wholly unrepresented in common political thought and academic lectures.
So for this simple reason, every man woman and child should read her book. There are countless do gooder accounts of philanthropy already existing in the world to combat her selfish theories, but no one advocates for self reliance and responsibility quite like Rand.
ParticipantTo throw my two cents into the ring…
I think Atlas Shrugged should be required reading for every man woman and child…But I put a few books into the category. Few fictional books even come close. But I think if we teach Marx we must teach Rand. If we teach Aquinas we must teach Rand. If we teach Rousseau and Locke we must teach Rand. She was a few hundred years to late and wrote books that did not satisfy intelligentsia; this kept her from the philosophical cannon, but her Ideas are no less important and flawed than all the rest. Only a simple minded fool takes another’s idea or theory and applies it to every aspect of their lives. We should not evaluate an idea (philosophy) on where it breaks down, but rather where it rings true.
We feel totally comfortable taking about the state of nature from Aquinas or Rousseau or Lock, and find values in their conflicting ideas. We find truths in the Republic even though Plato is advocating for a vilest of tyrannical police states.
Are they true? Would you want to apply Plato’s view of people to your personal life, or worse Frued?
Of course not. But her (Rand’s) values are wholly unrepresented in common political thought and academic lectures.
So for this simple reason, every man woman and child should read her book. There are countless do gooder accounts of philanthropy already existing in the world to combat her selfish theories, but no one advocates for self reliance and responsibility quite like Rand.
ParticipantTo throw my two cents into the ring…
I think Atlas Shrugged should be required reading for every man woman and child…But I put a few books into the category. Few fictional books even come close. But I think if we teach Marx we must teach Rand. If we teach Aquinas we must teach Rand. If we teach Rousseau and Locke we must teach Rand. She was a few hundred years to late and wrote books that did not satisfy intelligentsia; this kept her from the philosophical cannon, but her Ideas are no less important and flawed than all the rest. Only a simple minded fool takes another’s idea or theory and applies it to every aspect of their lives. We should not evaluate an idea (philosophy) on where it breaks down, but rather where it rings true.
We feel totally comfortable taking about the state of nature from Aquinas or Rousseau or Lock, and find values in their conflicting ideas. We find truths in the Republic even though Plato is advocating for a vilest of tyrannical police states.
Are they true? Would you want to apply Plato’s view of people to your personal life, or worse Frued?
Of course not. But her (Rand’s) values are wholly unrepresented in common political thought and academic lectures.
So for this simple reason, every man woman and child should read her book. There are countless do gooder accounts of philanthropy already existing in the world to combat her selfish theories, but no one advocates for self reliance and responsibility quite like Rand.
ParticipantTo throw my two cents into the ring…
I think Atlas Shrugged should be required reading for every man woman and child…But I put a few books into the category. Few fictional books even come close. But I think if we teach Marx we must teach Rand. If we teach Aquinas we must teach Rand. If we teach Rousseau and Locke we must teach Rand. She was a few hundred years to late and wrote books that did not satisfy intelligentsia; this kept her from the philosophical cannon, but her Ideas are no less important and flawed than all the rest. Only a simple minded fool takes another’s idea or theory and applies it to every aspect of their lives. We should not evaluate an idea (philosophy) on where it breaks down, but rather where it rings true.
We feel totally comfortable taking about the state of nature from Aquinas or Rousseau or Lock, and find values in their conflicting ideas. We find truths in the Republic even though Plato is advocating for a vilest of tyrannical police states.
Are they true? Would you want to apply Plato’s view of people to your personal life, or worse Frued?
Of course not. But her (Rand’s) values are wholly unrepresented in common political thought and academic lectures.
So for this simple reason, every man woman and child should read her book. There are countless do gooder accounts of philanthropy already existing in the world to combat her selfish theories, but no one advocates for self reliance and responsibility quite like Rand.
ParticipantTo throw my two cents into the ring…
I think Atlas Shrugged should be required reading for every man woman and child…But I put a few books into the category. Few fictional books even come close. But I think if we teach Marx we must teach Rand. If we teach Aquinas we must teach Rand. If we teach Rousseau and Locke we must teach Rand. She was a few hundred years to late and wrote books that did not satisfy intelligentsia; this kept her from the philosophical cannon, but her Ideas are no less important and flawed than all the rest. Only a simple minded fool takes another’s idea or theory and applies it to every aspect of their lives. We should not evaluate an idea (philosophy) on where it breaks down, but rather where it rings true.
We feel totally comfortable taking about the state of nature from Aquinas or Rousseau or Lock, and find values in their conflicting ideas. We find truths in the Republic even though Plato is advocating for a vilest of tyrannical police states.
Are they true? Would you want to apply Plato’s view of people to your personal life, or worse Frued?
Of course not. But her (Rand’s) values are wholly unrepresented in common political thought and academic lectures.
So for this simple reason, every man woman and child should read her book. There are countless do gooder accounts of philanthropy already existing in the world to combat her selfish theories, but no one advocates for self reliance and responsibility quite like Rand.
Participant[quote=UCguy][quote=jstoesz]
Unless people like you demand more, sit out and keep renting like you are doing. This will never get better. If you are looking for a place to have paid off in your retirement, buy a sweet cabin on Mt. Laguna or Forest Falls or even further away (I bet you can find a sweet 1930 fixer for 130k).That is my off the wall, probably unsolicited advice. Make your cabin your family’s constant. My favorite memories of my life, and of my parents life, have been time spent at the cabin.[/quote]
“Demand” more? What planet do you live on?! Hell, we are glad to have jobs! There are VERY FEW jobs in our area of expertise. I moved to industry because I demanded more. Do you know how little a PhD earns in academia if not a tenured Professor? My wife is paid relatively well for academia, and has enviable job stability, plus benefits galore.
In case we weren’t clear, we were looking for a HOME for us and our children and our parents, close to schools and shopping center and not TOO far from our work places, not a vacation home.
Maybe when the kids go to college, and our parents pass away, we move to a chepaer place. We aren’t in love with San Diego, too expensive, but so are all the major cities on the Coasts where we can both find jobs.[/quote]Sorry, I didn’t mean to upset you. I understand your situation, and my comments are coming from my own personally bitterness with SD. Hell, you make 3 times the median, and you are looking at how you can scrape together enough for a far flung cookie cutter home (there is something severely wrong still, even in light of “historic” affordability). I should not have said “demand more.” That was probably not exactly what I meant…how’s “going galt” on the home market. I was also not disparaging your income, I find 180k for a household to be a good chunk of change (nationally I think that is the 95th percentile), and I commend your ability to pull that together. I also find your stockpile of savings/retirement to be pretty decent by the average American’s standards. I bet 95% of your fellow citizens would trade with you in a New York Minute.
You were very clear about wanting to buy a home, but I figured what was the harm in throwing an oddball idea out. I can completely understand that feeling. I was not intending my comments to be antagonizing, in any way. My wife and I have talked about doing this on numerous occasions. And we often think we would rather rent a crappy home and own a sweet cabin. Granted the rubber has not yet met the road on this decision yet. For the record when I lived in SD, I lived on a boat. I have lived in my car, on a ranch, in a tent…and a couple houses along the way. So I am not a straightforward practical guy, and I do not want to be one.
Participant[quote=UCguy][quote=jstoesz]
Unless people like you demand more, sit out and keep renting like you are doing. This will never get better. If you are looking for a place to have paid off in your retirement, buy a sweet cabin on Mt. Laguna or Forest Falls or even further away (I bet you can find a sweet 1930 fixer for 130k).That is my off the wall, probably unsolicited advice. Make your cabin your family’s constant. My favorite memories of my life, and of my parents life, have been time spent at the cabin.[/quote]
“Demand” more? What planet do you live on?! Hell, we are glad to have jobs! There are VERY FEW jobs in our area of expertise. I moved to industry because I demanded more. Do you know how little a PhD earns in academia if not a tenured Professor? My wife is paid relatively well for academia, and has enviable job stability, plus benefits galore.
In case we weren’t clear, we were looking for a HOME for us and our children and our parents, close to schools and shopping center and not TOO far from our work places, not a vacation home.
Maybe when the kids go to college, and our parents pass away, we move to a chepaer place. We aren’t in love with San Diego, too expensive, but so are all the major cities on the Coasts where we can both find jobs.[/quote]Sorry, I didn’t mean to upset you. I understand your situation, and my comments are coming from my own personally bitterness with SD. Hell, you make 3 times the median, and you are looking at how you can scrape together enough for a far flung cookie cutter home (there is something severely wrong still, even in light of “historic” affordability). I should not have said “demand more.” That was probably not exactly what I meant…how’s “going galt” on the home market. I was also not disparaging your income, I find 180k for a household to be a good chunk of change (nationally I think that is the 95th percentile), and I commend your ability to pull that together. I also find your stockpile of savings/retirement to be pretty decent by the average American’s standards. I bet 95% of your fellow citizens would trade with you in a New York Minute.
You were very clear about wanting to buy a home, but I figured what was the harm in throwing an oddball idea out. I can completely understand that feeling. I was not intending my comments to be antagonizing, in any way. My wife and I have talked about doing this on numerous occasions. And we often think we would rather rent a crappy home and own a sweet cabin. Granted the rubber has not yet met the road on this decision yet. For the record when I lived in SD, I lived on a boat. I have lived in my car, on a ranch, in a tent…and a couple houses along the way. So I am not a straightforward practical guy, and I do not want to be one.
Participant[quote=UCguy][quote=jstoesz]
Unless people like you demand more, sit out and keep renting like you are doing. This will never get better. If you are looking for a place to have paid off in your retirement, buy a sweet cabin on Mt. Laguna or Forest Falls or even further away (I bet you can find a sweet 1930 fixer for 130k).That is my off the wall, probably unsolicited advice. Make your cabin your family’s constant. My favorite memories of my life, and of my parents life, have been time spent at the cabin.[/quote]
“Demand” more? What planet do you live on?! Hell, we are glad to have jobs! There are VERY FEW jobs in our area of expertise. I moved to industry because I demanded more. Do you know how little a PhD earns in academia if not a tenured Professor? My wife is paid relatively well for academia, and has enviable job stability, plus benefits galore.
In case we weren’t clear, we were looking for a HOME for us and our children and our parents, close to schools and shopping center and not TOO far from our work places, not a vacation home.
Maybe when the kids go to college, and our parents pass away, we move to a chepaer place. We aren’t in love with San Diego, too expensive, but so are all the major cities on the Coasts where we can both find jobs.[/quote]Sorry, I didn’t mean to upset you. I understand your situation, and my comments are coming from my own personally bitterness with SD. Hell, you make 3 times the median, and you are looking at how you can scrape together enough for a far flung cookie cutter home (there is something severely wrong still, even in light of “historic” affordability). I should not have said “demand more.” That was probably not exactly what I meant…how’s “going galt” on the home market. I was also not disparaging your income, I find 180k for a household to be a good chunk of change (nationally I think that is the 95th percentile), and I commend your ability to pull that together. I also find your stockpile of savings/retirement to be pretty decent by the average American’s standards. I bet 95% of your fellow citizens would trade with you in a New York Minute.
You were very clear about wanting to buy a home, but I figured what was the harm in throwing an oddball idea out. I can completely understand that feeling. I was not intending my comments to be antagonizing, in any way. My wife and I have talked about doing this on numerous occasions. And we often think we would rather rent a crappy home and own a sweet cabin. Granted the rubber has not yet met the road on this decision yet. For the record when I lived in SD, I lived on a boat. I have lived in my car, on a ranch, in a tent…and a couple houses along the way. So I am not a straightforward practical guy, and I do not want to be one.
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