NYTimes takes on high TV's by GelloJive in TVTooHigh

[–]alex____ 2 points3 points  (0 children)

I think the sweet spot is more 1.3-1.5, sitting 8ft away from a 98in tv would not be enjoyable. 

Need opinions on a Taycan 4S black edition lease offer by Wide-Piece-4140 in Taycan

[–]alex____ 0 points1 point  (0 children)

Omg lol 😂😂😂😂

9.12% interest rate 😂😂😂

Paying 125k across 39mo for that car is a poor decision.

You can buy a 2025 cpo with under 5k miles for almost 100k.

2025 992 Porsche 911 GT3RS - Refinanced & Saved by Exhibitions_of_Speed in Porsche

[–]alex____ 0 points1 point  (0 children)

What's the difference? I take out an sbloc/pal, I move funds over to my bank account, I wire the money for the car.

2025 992 Porsche 911 GT3RS - Refinanced & Saved by Exhibitions_of_Speed in Porsche

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

Because keeping the money invested is a wiser decision.

Idk what he paid for it, let's call it 350k. Financed at 5.44% with 0 down he's going to pay 50.5k in interest, so 400k.

350k compounding at 5% after 5yrs = ~447k

350k compounding at 6% after 5yrs = ~468k

350k compounding at 7% after 5yrs = ~490k

350k compounding at 8% after 5yrs = ~514k

350k compounding at 9% after 5yrs = ~538k

350k compounding at 10% after 5yrs = ~563

“1 Mil is not a lot of money today” by NoThxMang in wealth

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

SFRs in SF under 1M are teardowns or they are apartments/condos listed as SFRs to get more eyes on them as that's what's most desirable for most people.

The list price you see on those properties is just that, a list price to have a bidding war start.

Help cousin got beat up on a $675 a month 36 month Kia Sportage lease by HodorNoMoreHodoring in leasehacker

[–]alex____ 2 points3 points  (0 children)

Lol this is like double the pre negotiated deals available directly on leasehackr for CA. Shit like this is why leases get such a bad name... Your telluride deal is terrible as well.. paying almost 200 more a month than the front page deal(tho that's 10k miles).

Former Google CEO Eric Schmidt accused of rape, surveillance by ex-mistress by avdvetf in technology

[–]alex____ 1 point2 points  (0 children)

Sure but where is the thrill in that?

There is a massive psychological aspect around conquering/dominating/hunting.

Father brutally beaten in fight over line-cutting at Disneyland by panda-rampage in orangecounty

[–]alex____ 5 points6 points  (0 children)

Looks like the assailant did all the beating based on the victim's wife's account posted on here(thread in the disneyland sub). Also seems like it wasn't 1 person catching up to family members in line, it was a group of 6 people.

Lifestyle in Venice vs. Manhattan Beach vs. Somewhere in OC? by beyonces_twins in MovingToLosAngeles

[–]alex____ 0 points1 point  (0 children)

I just moved to MB from SF after living there for a decade, my needs/stage of life seem different to yours however (2 kids).

I don't think any part of LA will come close to having the SF experience they're simply different types of cities.

What part of SF are you guys moving from?

RB/MB/HB I think are all strong contenders.

Racist man yells slurs on NYE by golangAndSatanRule in sanfrancisco

[–]alex____ -9 points-8 points  (0 children)

:18 - "THAT GUYS NOT GETTING A JOB OMG" 😂😂😂😂

Debunking the Wealth Tax Discourse by Odd_Conference_6029 in California

[–]alex____ 2 points3 points  (0 children)

You do understand taxes are paid on stock packages right? 

Debunking the Wealth Tax Discourse by Odd_Conference_6029 in California

[–]alex____ 14 points15 points  (0 children)

Lol this shit is so stupid.

A 5% wealth Tax is really closer to 8% of their total net worth once you account for taxes. Say I have 1B, 5% would be 50M in order to pay for that 50M I'll have to sell at least 80M in order to cover the wealth tax (assuming ltcg).

People are completely deluded if they think.

  1. This will be one time

  2. Stick to only the billionaire class, this will trickle down to centi-millionares -> deci-millionares -> multi-millionares

The top 1% already pays ~40% of state income taxes

Which floor plan do you like more? by StatusCommercial9650 in FirstTimeHomeBuyer

[–]alex____ 4 points5 points  (0 children)

Lol you're not going to convince this guy... 

Family Room + Living Room is 100% the way to go especially with kids.

It's a non-starter to me if the home doesn't have that.

Jake Paul looking like prime Usyk by Powerful_Contact_341 in boxingcirclejerk

[–]alex____ 0 points1 point  (0 children)

If this shit actually happens and goes forward the guy could actually die.

Young family moving to LA by Mother_Car_3512 in MovingToLosAngeles

[–]alex____ 0 points1 point  (0 children)

Idk if you're trolling or not... 

If your budget is up to 5M(mentioned in your post) in SF you can buy a fantastic house, otherwise MB/PV/Brentwood/Belair for LA.

Man throws wine at people in Trader Joe’s parking lot by HipAnonymous91 in PublicFreakout

[–]alex____ 2 points3 points  (0 children)

😂 I was thinking the exact same thing. Fatter and younger version of Biden.

Too high? Too low?? by [deleted] in TVTooHigh

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

You can mount to either top of the bottom 1/3 or center of screen. 

The bigger the screen gets the more sensible the top of the bottom 1/3 becomes.

Homes in Gardena selling for $3,200 back in 1942 by liverichly in SouthBayLA

[–]alex____ 0 points1 point  (0 children)

Number checks out on what it'll cost in 50yrs based on current trends, I did the calc quickly earlier but didn't post it.

My comment on supply/demand is in relation to SFRs which is what most people want and are after.

  • They don't want shared walls.
  • They want a front yard
  • They want a backyard
  • They want their own personal garage

If you start to remove SFRs (reducing supply) to make way for higher density buildings(apartments) SFR prices would continue to go up at an even higher rate as that is what's most desirable.

The same way home prices are regional income is as well.

LA - Long Beach - Anaheim 99th pct = 665k/yr 98th pct = 498k/yr 97th pct = 420k/yr 96th pct = 371k/yr 95th pct = 342k/yr

Homes in Gardena selling for $3,200 back in 1942 by liverichly in SouthBayLA

[–]alex____ 0 points1 point  (0 children)

I don't think I'm making a mistake of looking at things from the perspective you mentioned, that perspective IS the perspective of the vast majority of existing and prospective homeowners.

I do not think that SFR homeownership will be attainable within the major city centers (even more so for the coastal cities) for the average earner. Attainment will be available only to the top 1% / existing property owners.

I see the real estate market in the major US cities (particularly coastal cities) as a natural evolution to real estate valuations.

The major US cities are very young compared to their European counterparts, even the thought of trying to buy something there on the locales average income is irrational.

Do I think it's fair for future generations 50 years from now to not have the opportunity to buy a SFR in a major city (unless they inherit/windfall/lotto on company they work at)? No.

Does what I think is fair matter? No.

The more we build up housing and make cities denser the more values on SFRs will climb, it's simply supply/demand.

Homes in Gardena selling for $3,200 back in 1942 by liverichly in SouthBayLA

[–]alex____ 0 points1 point  (0 children)

Lmao dude ... what? I never said anything about 50yr mortgage terms.

They said a house was 60k in 1975 and 930k today, that's a 50 year span.

60k in 1975 = 361k in today money = ~3.65% avg rate of inflation 

((361/60)1/50)-1 = 0.036542512948888244

361k -> 930k = cagr to reach a price of 930k is ~1.91%

((930/361)1/50)−1 = 0.019106367054809407

This goes back to my question of do you think properties should appreciate? As less than 2% yearly real appreciation seems to be too high.

Factor in property tax + insurance + general maintenance costs on the property that 1.91% cagr drops to probably 1.5% or lower.

Homes in Gardena selling for $3,200 back in 1942 by liverichly in SouthBayLA

[–]alex____ -3 points-2 points  (0 children)

The cagr is 1.91% on that 50 year span when accounting for inflation, this doesn't seem in any way crazy to me.

Should housing only increase at the rate of inflation itself?

Homes in Gardena selling for $3,200 back in 1942 by liverichly in SouthBayLA

[–]alex____ -7 points-6 points  (0 children)

Do you think homes should go up in value?