$25,000 downpayment and your monthly mortgage is less than half your comparable rent. It's paying rent, ie. someone else's mortgage, that keeps you homeless.
Summary: The median home sold price in Pebble Beach was $2,705,000 in July 2023, down 2.5% from last year, and the median price per square foot was $1,148.
In a similarly situated but warmer and cheaper place than PB. They have 17 mile drive, a spiffy golf course, and you'd be hard pressed to find a more exclusive coastal California community. It's all commoners here. I did spend the night on a friends yacht in Stillwater Cove one time.
It's crazy, training for my job. I've been in the most random little towns you'd miss if you blinked, or around Tulsa, and one thing I've picked up on is you can have a cheap old $50k house, but if you even put a bit of "lipstick" on it, new paint, finishes, floors, it can look really nice and is completely livable. I'd be fine with some of these "cheap" places.
I've seen $100k properties that I've personally liked better than some $600k properties. And everything in between.
It's really crazy to think that here in Okleehomer I can pretty reasonably have something like this, given a few x factors work:
and it's "only" that much in Tulsa. That's generally the kind of house I've always wanted since I was a kid. Put that house in the small town I live in and pair it with this:
And I'm calling it good for life. I'll have a cheap little truck I can take out into the sticks of course.
ANYWAY, sorry, my point is... It's crazy that these little "cheap" properties that have been lipsticked are assuredly crazy expensive off in California, or Canada. God help the poor soul who wants a house like what I've linked in Commiefornia or Cuckada.
I feel for the folks there. What good ones are left anyway.
But at the same time I'm left wondering if some people, my generation and millenials in particular, have set their standards too high. Even me. Do I honestly believe I'll have a house like that and a corvette? No. Not making $75k I won't. I'll be lucky if I get one of those.
And that sucks to think about. I won't have much else going for me, I was hoping I'd at least be able to enjoy a (what I call anyway) higher end lifestyle.
That's just me. I wonder how many my age are thinking the same thing, in a way. Perhaps they don't want necessarily what I want, maybe they do or will have a family unlike me, maybe they don't want a corvette at all and just want a nicer house, there's a lot of variables, BUT given the state of things part of the housing unaffordability issue may be us young fucks trying to jump to what most people have had to work their entire lives to get and it makes everything... "appear"(?) worse than it is, because people aren't considering the cheaper options for one reason or another.
Don't misunderstand me though, housing is high, it has gone up, inflation has ate away at everything, no bueno indeed. Hell, that house I linked? In 2020 the estimated value is around $250k. Now, that's Zillows algorithm talking and there's a lot of "garbage in, garbage out" (which is kinda why I have a job) so take it with some salt, but... Yeah.
It's just crazy looking at the differences and factors in all of this. One does wonder if part of it is "the people's" fault though. A small part, I mean.
Do I honestly believe I'll have a house like that and a corvette? No. Not making $75k I won't. I'll be lucky if I get one of those.
It wouldn't be luck, it would be the results of your business efforts. If you're reasonably competent and/or unreasonably motivated, you too could make millions. It's not going to happen at a job though. Keep your day job and make your second job researching what your business is going to be. The choices are practically infinite, but remember that many are just glorified jobs with way more work and responsibility.
If it were me, I'd still use my boomer technique of talking to as many business owners as possible, asking them how they got started, what their challenges were, and such. Now that the internet exists, I'd probably forgo the sets of Thomas Registers for researching. Note that one of those guys ended up selling me my first business for cheap when his plans changed.
If you make that your primary goal and you're not totally retarded, odds are high(er) you'll succeed.
Appreciate it, but I'm training to be a real estate appraiser. Self employed and I'll have a whole county to myself, arguably 3. Pair that with having contacts in our local bank which is part of a much, much bigger organization (I'll be in their system, basically), I'll have plenty of work.
It's weird though because my supervisor told me he's never had a year where he's made over $85k, but my contacts in the bank have said I can expect to make at least $100k.
Mixed signals there. Also, it's weird because even I as a trainee completed 3 reports in about 4.5 days (8 hour days) just this week. My supervisor finished 3 in a day last week. They were simple, but at the same time his "simple" is my "decent amount of work".
Taking that into account, I would think finishing about 16-20 reports a month is perfectly reasonable. With an average fee of $600, I'm at $115,200-$144,000.
In Oklahoma. Where the closest city to me has an average income of 37k. Town I live in is $32k. We're not talking about a high cost of living here.
But no, some appraisers I've spoken with say I'll be lucky to make $50k, and I might get $100k, but at the same time they "know a guy or two" who makes six figures doing it as well.
So I really don't know. None of the math adds up.
I think what it comes down to is how much work you're willing to actually do, and I've always intended on taking whatever is sent my way, provided I can maintain that $600 average fee, which I can. A lot of appraisers are older, most are 50+, and half are retired guys, so I'm thinking I'm getting skewed data from guys who are "slowing down" or "specialized" and don't take on certain work.
Which is fine. More for me.
It's stressing me out though. I don't wanna go dreaming of shit I can't have if I can't have it. I'm in a weird limbo and I probably won't know until I'm working by myself.
What I do know is that if I can keep things consistent now, with the market the way it is, then I will be set.
It's just getting there, and I'm an anxious individual anyway, so that doesn't help.
You know, I've been mulling over this idea in the back of my head... With the way things are nowadays and more younger and even older folks getting into PC building, or just not knowing what PC to buy, I'm wondering if it wouldn't be a bad idea to look into starting a computer build/repair shop. Always loved messing with the things. I just have a sort of affinity for them.
Doubt I'd make much money on it all though. And I'm in Oklahoma, so how many people really need that sort of thing?
It's hard to figure out what's needed, I like, if it's scalable, and has manageable risk in terms of business.
Idk. I'm not exactly desperate to be a millionaire or anything, but I'd be stupid not to try and capitalize on a good opportunity if there is one.
Canada's real estate market is a hilarious case. The country is literally awash in trees, has a fully developed lumber industry, has endless undeveloped land, and has had a clear population growth policy for decades. To fuck this up and not build enough housing deserves some kind of award.
My brother recently got a quote to have a 1500 square foot home build. Turn key. the quote was $750k. We are now building said house ourselves. Material cost alone is estimated to be around $350k when all done. All this does not include land cost, we already owned the land.
The 750k is for all the taxes and jacked up health benefits you have to pay the workers so they have the privilege to their own labor in mass media proclaimed free nations.
@Empire_ofetc...you couldn't be more inaccurate...Canada's economy had the boot on it's throat since 2007...all of our papermills and sawmills are gone, our oil empire killed from within by environmental espionage agents masking as politicians, they handed control of the country's people over to the UN marxists...Ontario was the manufacturing hub of Canada, 100billion a year to the GDP and over 2million high paying blue collar jobs, today almost 2million of those jobs are gone, 1.5million of those jobs vaporized from 2003 - 2008...gone...70% of Canada's workforce is employed in the PUBLIC SECTOR, the public sector does nothing for the GDP, it does however, tax the people into poverty and destroy the PRIVATE SECTOR. On top of all this, the recent real estate boom was manufactured resulting in huge housing inflation and lastly, the FAGGOT GOOF SODOMITE trudeau opened the immigration doors to 3rd world shit hole scum, niggers, shitskins, Phillipines and Mexicans and Chinese, actually the Chinese have acquired 20% of our oil sands and also, as trudeau's loan payment to China, because he bankrupted us and not many people know this, but, as a loan payment the chicomms were given the Detour Lake Gold operation and the future mine and deposits of Nunavit in the Arctic...CANADA HAS NOTHING LEFT, WE'RE A SHITHOLE.
Is it really a problem if you don't want to live in fuckin Toronto, though?
So the usual deal is that cities are expensive because other motherfuckers want to live there, while rural areas can be expensive because you have to haul all the shit and men out there to build.
[ + ] VitaminSieg
[ - ] VitaminSieg 1 point 1.7 yearsAug 26, 2023 12:34:40 ago (+1/-0)
[ + ] Hand_Of_Node
[ - ] Hand_Of_Node 3 points 1.7 yearsAug 26, 2023 01:10:50 ago (+3/-0)
"home prices were up 18.0% compared to last year, selling for a median price of $1.5M."
[ + ] PhantomXLII
[ - ] PhantomXLII 1 point 1.7 yearsAug 26, 2023 10:56:32 ago (+1/-0)
[ + ] Hand_Of_Node
[ - ] Hand_Of_Node 0 points 1.7 yearsAug 26, 2023 12:44:14 ago (+0/-0)
In a similarly situated but warmer and cheaper place than PB. They have 17 mile drive, a spiffy golf course, and you'd be hard pressed to find a more exclusive coastal California community. It's all commoners here. I did spend the night on a friends yacht in Stillwater Cove one time.
[ + ] RMGoetbbels
[ - ] RMGoetbbels 3 points 1.7 yearsAug 26, 2023 01:45:14 ago (+3/-0)
[ + ] TheBigGuyFromQueens
[ - ] TheBigGuyFromQueens 3 points 1.7 yearsAug 26, 2023 05:38:03 ago (+4/-1)
[ + ] ModernGuilt
[ - ] ModernGuilt 3 points 1.7 yearsAug 26, 2023 08:10:22 ago (+3/-0)
[ + ] PhantomXLII
[ - ] PhantomXLII 3 points 1.7 yearsAug 26, 2023 10:54:59 ago (+3/-0)
I've seen $100k properties that I've personally liked better than some $600k properties. And everything in between.
It's really crazy to think that here in Okleehomer I can pretty reasonably have something like this, given a few x factors work:
https://www.zillow.com/homedetails/7514-S-106th-Ave-E-Tulsa-OK-74133/22235221_zpid/
and it's "only" that much in Tulsa. That's generally the kind of house I've always wanted since I was a kid. Put that house in the small town I live in and pair it with this:
https://files.catbox.moe/0r7klq.jpeg
And I'm calling it good for life. I'll have a cheap little truck I can take out into the sticks of course.
ANYWAY, sorry, my point is... It's crazy that these little "cheap" properties that have been lipsticked are assuredly crazy expensive off in California, or Canada. God help the poor soul who wants a house like what I've linked in Commiefornia or Cuckada.
I feel for the folks there. What good ones are left anyway.
But at the same time I'm left wondering if some people, my generation and millenials in particular, have set their standards too high. Even me. Do I honestly believe I'll have a house like that and a corvette? No. Not making $75k I won't. I'll be lucky if I get one of those.
And that sucks to think about. I won't have much else going for me, I was hoping I'd at least be able to enjoy a (what I call anyway) higher end lifestyle.
That's just me. I wonder how many my age are thinking the same thing, in a way. Perhaps they don't want necessarily what I want, maybe they do or will have a family unlike me, maybe they don't want a corvette at all and just want a nicer house, there's a lot of variables, BUT given the state of things part of the housing unaffordability issue may be us young fucks trying to jump to what most people have had to work their entire lives to get and it makes everything... "appear"(?) worse than it is, because people aren't considering the cheaper options for one reason or another.
Don't misunderstand me though, housing is high, it has gone up, inflation has ate away at everything, no bueno indeed. Hell, that house I linked? In 2020 the estimated value is around $250k. Now, that's Zillows algorithm talking and there's a lot of "garbage in, garbage out" (which is kinda why I have a job) so take it with some salt, but... Yeah.
It's just crazy looking at the differences and factors in all of this. One does wonder if part of it is "the people's" fault though. A small part, I mean.
[ + ] Hand_Of_Node
[ - ] Hand_Of_Node 2 points 1.7 yearsAug 26, 2023 14:34:44 ago (+2/-0)
It wouldn't be luck, it would be the results of your business efforts. If you're reasonably competent and/or unreasonably motivated, you too could make millions. It's not going to happen at a job though. Keep your day job and make your second job researching what your business is going to be. The choices are practically infinite, but remember that many are just glorified jobs with way more work and responsibility.
If it were me, I'd still use my boomer technique of talking to as many business owners as possible, asking them how they got started, what their challenges were, and such. Now that the internet exists, I'd probably forgo the sets of Thomas Registers for researching. Note that one of those guys ended up selling me my first business for cheap when his plans changed.
If you make that your primary goal and you're not totally retarded, odds are high(er) you'll succeed.
[ + ] PhantomXLII
[ - ] PhantomXLII 1 point 1.7 yearsAug 26, 2023 15:11:52 ago (+1/-0)
It's weird though because my supervisor told me he's never had a year where he's made over $85k, but my contacts in the bank have said I can expect to make at least $100k.
Mixed signals there. Also, it's weird because even I as a trainee completed 3 reports in about 4.5 days (8 hour days) just this week. My supervisor finished 3 in a day last week. They were simple, but at the same time his "simple" is my "decent amount of work".
Taking that into account, I would think finishing about 16-20 reports a month is perfectly reasonable. With an average fee of $600, I'm at $115,200-$144,000.
In Oklahoma. Where the closest city to me has an average income of 37k. Town I live in is $32k. We're not talking about a high cost of living here.
But no, some appraisers I've spoken with say I'll be lucky to make $50k, and I might get $100k, but at the same time they "know a guy or two" who makes six figures doing it as well.
So I really don't know. None of the math adds up.
I think what it comes down to is how much work you're willing to actually do, and I've always intended on taking whatever is sent my way, provided I can maintain that $600 average fee, which I can. A lot of appraisers are older, most are 50+, and half are retired guys, so I'm thinking I'm getting skewed data from guys who are "slowing down" or "specialized" and don't take on certain work.
Which is fine. More for me.
It's stressing me out though. I don't wanna go dreaming of shit I can't have if I can't have it. I'm in a weird limbo and I probably won't know until I'm working by myself.
What I do know is that if I can keep things consistent now, with the market the way it is, then I will be set.
It's just getting there, and I'm an anxious individual anyway, so that doesn't help.
GAH. 😤
[ + ] PhantomXLII
[ - ] PhantomXLII 0 points 1.7 yearsAug 27, 2023 02:58:20 ago (+0/-0)
Doubt I'd make much money on it all though. And I'm in Oklahoma, so how many people really need that sort of thing?
It's hard to figure out what's needed, I like, if it's scalable, and has manageable risk in terms of business.
Idk. I'm not exactly desperate to be a millionaire or anything, but I'd be stupid not to try and capitalize on a good opportunity if there is one.
[ + ] WanderingToast
[ - ] WanderingToast 4 points 1.7 yearsAug 26, 2023 01:38:04 ago (+4/-0)
Because of the wealth divide, all normal stats are fucked.
The average wage - is lower than they say.
The average house costs less.
Remember average house price takes the 4.7billion giga mansion into account
[ + ] Thyhorrorcosmic103
[ - ] Thyhorrorcosmic103 6 points 1.7 yearsAug 26, 2023 06:03:49 ago (+6/-0)
[ + ] Empire_of_the_Mind
[ - ] Empire_of_the_Mind 7 points 1.7 yearsAug 26, 2023 00:26:38 ago (+7/-0)
[ + ] germ22
[ - ] germ22 7 points 1.7 yearsAug 26, 2023 00:39:20 ago (+7/-0)
[ + ] Aze
[ - ] Aze 6 points 1.7 yearsAug 26, 2023 05:01:21 ago (+6/-0)
[ + ] boekanier
[ - ] boekanier -2 points 1.7 yearsAug 26, 2023 05:33:30 ago (+0/-2)
[ + ] Hall_of_Cost
[ - ] Hall_of_Cost 4 points 1.7 yearsAug 26, 2023 03:34:59 ago (+4/-0)
[ + ] boekanier
[ - ] boekanier 2 points 1.7 yearsAug 26, 2023 05:32:51 ago (+2/-0)
[ + ] CoronaHoax
[ - ] CoronaHoax 1 point 1.7 yearsAug 26, 2023 09:07:40 ago (+1/-0)
[ + ] Zyklonbeekeeper
[ - ] Zyklonbeekeeper 6 points 1.7 yearsAug 26, 2023 04:18:45 ago (+6/-0)
[ + ] Belfuro
[ - ] Belfuro 3 points 1.7 yearsAug 26, 2023 04:26:29 ago (+3/-0)
[ + ] bonghits4jeebus
[ - ] bonghits4jeebus 1 point 1.7 yearsAug 26, 2023 01:08:46 ago (+1/-0)
So the usual deal is that cities are expensive because other motherfuckers want to live there, while rural areas can be expensive because you have to haul all the shit and men out there to build.
[ + ] Special_Prosecutor
[ - ] Special_Prosecutor 8 points 1.7 yearsAug 26, 2023 02:59:19 ago (+8/-0)
Those don't change.
A dollar today is not the same dollar as yesterday.
-And- that is intentional.
We are slaves, and 99.9% of "us" don't even know it.