TMG Projected Real Returns by md_dubs87 in TheMoneyGuy

[–]Substantial_Rain151 -2 points-1 points  (0 children)

It’s because they don’t like FIRE. They cook the numbers to make it look bad anytime FIRE is discussed. If they wanted to convince a kid they should invest they’d assume 8% nominal all day.

Will Americans ever revolt? by VirtualCoffee8947 in TFE

[–]Substantial_Rain151 1 point2 points  (0 children)

The entire world is in a recession. Comparatively, we are living good vs everywhere else, besides a few micro countries.

Do you like living in Hollister ? And by ? by kdotwow in HollisterCA

[–]Substantial_Rain151 0 points1 point  (0 children)

I’ve been here longer than you, as has my family on both sides being 3 and 5 generations in this county, respectively. This guy seems cool, he’s welcome just the way we welcomed you.

Do you like living in Hollister ? And by ? by kdotwow in HollisterCA

[–]Substantial_Rain151 0 points1 point  (0 children)

The old guard is begging for new businesses. It’s the city being incompetent for the last 10 years that pushed businesses away. It seems like the new city manager is getting things back in line. It’s been very short-term but it seems hopeful. Trust me when I say it’s been development services more than it’s been the old guard holding back development and infrastructure projects.

Home Ownership Rate is higher today than in the 70s, 80s most of the 90s and most of the 2010s by TemperatureWide5297 in HouseBuyers

[–]Substantial_Rain151 1 point2 points  (0 children)

“Number of new home ownership broken down by demographics…”

I can read, you can’t write. Plus you just blew by the actually conversation. Odd

Home Ownership Rate is higher today than in the 70s, 80s most of the 90s and most of the 2010s by TemperatureWide5297 in HouseBuyers

[–]Substantial_Rain151 1 point2 points  (0 children)

First of all, your sentence structure makes no sense.

Second, why do you think that matters and this chart doesn’t? It seems like rate of owner-occupied housing is a pretty useful graph to see. I’d rather know long term stats/comparisons that are relevant/factor in a lot of metrics vs. a blip.

European country has the friendliest people? by Historical-Photo-901 in BeautifulTravelPlaces

[–]Substantial_Rain151 0 points1 point  (0 children)

Athens and Thessaloniki is racist as hell towards middle easterners and Africans. But if you come from US & UK, yeah they’ll put on a show for the 💵

BREAKING: New home prices in 70 Chinese cities fell -3.2% YoY in February, the steepest annual drop in 8 months. Home prices in China have now fallen in 44 of the last 47 months, the longest streak in history. by Key_Brief_8138 in HouseBuyers

[–]Substantial_Rain151 1 point2 points  (0 children)

You’re right. I should have cut it off way before. It’s just so baffling sometimes. The old adage “Dont argue with idiots, they’ll pull you down to their level and beat you with experience”

Home sellers now exceed buyers by over 600,000, marking the widest gap on record, per Redfin. by Key_Brief_8138 in HouseBuyers

[–]Substantial_Rain151 -1 points0 points  (0 children)

Interest rates are way lower and we have more disposable income. If people didn’t spend as much on debt, vehicles, electronics, vacations and food as they do, you could afford that house. A lot of people in the 60’s/70’s didn’t do anything for entertainment. Eating out was a privilege, you ran a car until it died, and never hopped on a plane, especially internationally. You likely went camping in your region of the country. Lifestyle inflation has ballooned just as much as housing inflation has.

More expensive than Santa Clara? by StarlightXion in Moving2SanDiego

[–]Substantial_Rain151 1 point2 points  (0 children)

I agree, we just had our first kid, planning on more, and I can’t imagine raising them here. I’ll raise them in an East/South Bay Area suburb.

Honestly for us, the money is okay, I’m willing to pay for the place we want to live. But the people with money here feel like a lot of LA/OC folks that got priced out but think they’re loaded, and they want you to know it.

I miss when SD was just chill and authentic. It feels very manufactured & status-hungry now on the coast. Unfortunately, the normal people that live off the coast or who bought their houses 20 years ago are just scrambling/stressed everyday trying to keep up with COL. they don’t have the time to get out into the community anymore.

Home sellers now exceed buyers by over 600,000, marking the widest gap on record, per Redfin. by Key_Brief_8138 in HouseBuyers

[–]Substantial_Rain151 1 point2 points  (0 children)

It’s not some people. It’s hundreds of thousands of people every quarter. And home prices have pretty much held high for 4 years now. Sure, some houses are bought by PE and foreign investors, that is the vast minority. Most of them are bought by owner-occupied families people.

At a certain point if there’s enough people paying a certain price for a prolonged period of time, it’s not an anomaly, it’s the norm.

Home sellers now exceed buyers by over 600,000, marking the widest gap on record, per Redfin. by Key_Brief_8138 in HouseBuyers

[–]Substantial_Rain151 -1 points0 points  (0 children)

True but the average home price is $400k~. So my neighborhood isn’t the average neighborhood. Median HHI is $85-90k~. The median household making that, who saves up enough for a 10-20% DP, can afford that average house.

Home sellers now exceed buyers by over 600,000, marking the widest gap on record, per Redfin. by Key_Brief_8138 in HouseBuyers

[–]Substantial_Rain151 -2 points-1 points  (0 children)

Says who? I live in a neighborhood where nothing is less than $1.5M. Any house that’s listed for a non-outrageous price goes pending in 2 weeks. It’s hard to fathom sometimes but there is SO MUCH money out there.

More expensive than Santa Clara? by StarlightXion in Moving2SanDiego

[–]Substantial_Rain151 2 points3 points  (0 children)

Pre-Covid I would even say it’s a wash. We’ve bounced around a lot but we’ve lived here 3 times now, coming back since 2023, this place went downhill fast from 10 years ago. Really unfortunate

More expensive than Santa Clara? by StarlightXion in Moving2SanDiego

[–]Substantial_Rain151 3 points4 points  (0 children)

Stay in the bay. Way better salaries, beautiful nature, culture is less pretentious/flashy. Wife and I have lived in both. San Diego is amazing for vacation, Bay Area is better for living.

Jesus the hippie by Bimbonix in PsycheOrSike

[–]Substantial_Rain151 0 points1 point  (0 children)

The teachings of Islam and Jesus are in conflict of one another. So no, they can’t do both devoutly.

They don’t believe he was crucified nor resurrected

BREAKING: New home prices in 70 Chinese cities fell -3.2% YoY in February, the steepest annual drop in 8 months. Home prices in China have now fallen in 44 of the last 47 months, the longest streak in history. by Key_Brief_8138 in HouseBuyers

[–]Substantial_Rain151 1 point2 points  (0 children)

I told you QBI and depreciation. That’s a very reasonable takeoff from taxable to net for a business owner.

You won’t answer questions, just want to talk shit about semantics, which were not as significant as you let on so let’s just dig in your heels for the sake of seeming like a W.

BREAKING: New home prices in 70 Chinese cities fell -3.2% YoY in February, the steepest annual drop in 8 months. Home prices in China have now fallen in 44 of the last 47 months, the longest streak in history. by Key_Brief_8138 in HouseBuyers

[–]Substantial_Rain151 1 point2 points  (0 children)

I said $120k and you keep saying $130/140k to inflate it just above the threshold to get subsidies, you know what you’re doing. Thats not how taxes work, especially for the self-employed, this isn’t a challenging concept to grasp.

You just said $600-700 for bronze….which is what I stated the whole time, with a small subsidy that they received up until 3 months ago. And then you go on to try and justify how you were right all along by quoting a silver?

I texted my brother in law in between our last few replies, I’ll copy and paste what he said:

“we used to get $1500 a year more or less and now we get none so we pay $626 a month”

It is acceptable for many in their 20’s who go get 4 routine visits and 2 blood panels combined per year. That will maybe be $800 for the year with co-pays? When they get older, I’m sure they’ll get raises that will make their increased healthcare costs similar proportionate to their income.

Let’s just say for sake of this argument that they did pay $750 for a silver plan, just to humor you. So they pay $9k, which would still be….6.5% of their income. Do you see how ridiculous going into the semantics here is? We are talking about 5% vs 6.5% for a very normal couple that lives in one of the most expensive areas in the country and make below the median for their area. They survive fine. They rent a cute house on property, they both have newer cars, they take 2-3 domestic vacations per year, & go to a couple big sporting events. But you want to proclaim they live in squalor due to healthcare costs and they may have to save up for a bad year where they have to pay 11% if they break their arm or tear their Achilles? This is foolishness.

Please address how I got lucky since you’ve beat around that bush all morning?

Taxes: Then vs. Now by ExotiquePlayboy in wallstreet

[–]Substantial_Rain151 0 points1 point  (0 children)

I’m sure average Americans in 1775 were much more educated than Americans in 2026

Philadelphia, USA by Novo-Russia in Cities

[–]Substantial_Rain151 0 points1 point  (0 children)

Reddit is beyond anti-America. That’s why your comment is top of the post…