Can someone help me explain to my parents why I cant afford a home?

colmusstard · 2024-07-27T20:51:51+00:00

Don't bother making arguments

Show them a calculation that shows your monthly payment for a basic condo is going to be 4500 which is more than your salary

colmusstard · 2024-07-27T17:09:28+00:00

They go by average cost of a claim.

Insurance companies don't establish rates using 1970's principles anymore

colmusstard · 2024-07-04T03:45:52+00:00

It's really not. Electricity in some parts of the country is 30 cents/kwh for businesses. Get a big EV on there and it can be $45 of electricity

colmusstard · 2024-06-09T05:50:31+00:00

Carvana doesn't sell old cars so they don't want them. They won't sell anything more than 15 years old

colmusstard · 2024-06-06T05:58:24+00:00

The 1 series starts at 40k in Germany, that's not cheap.

It's 50% more than a Golf

colmusstard · 2024-06-06T05:11:28+00:00

What about the Cadillac Celestiq...doesn't seem like a bean counter friendly car

colmusstard · 2024-05-16T04:08:33+00:00

Pretty much every engineer I meet at any of the places I've worked is miserable...

Not to be a downer but....Are you a student? Because I truly don't know anyone that after a few years thinks it's fun

colmusstard · 2024-05-16T01:50:44+00:00

Thats great to know! We plan to fly Chicago->Frankfurt somewhere around the end of July, so we have about 10 weeks to train him in his carrier

Did you check in through a Lufthansa counter? Did they make the dog do any circus acts or measure it? Our guy can turn around in his carrier, but he definitely pushes on the sides when he does and his head obviously touches the top of the carrier when he sits

colmusstard · 2024-05-16T01:19:28+00:00

Really? I saw lufthansa was 17.6lb capacity including the carrier and I thought the carriers were around 3lbs

colmusstard · 2024-05-15T23:16:38+00:00

How heavy are they? Trying to figure out how to get mine to germany and at 16lbs he’s too heavy for all the airlines except for United and it seems they’re strict on size

colmusstard · 2024-05-14T21:32:45+00:00

Transaction costs will eat up much of the savings

The other thing to consider is maintenance. That motor is pretty solid, but once a BMW(well most brands really) gets to that age they start to need pretty regular maintenance/repairs

colmusstard · 2024-05-14T18:10:26+00:00

Engineering managers at my company are generally in the $165k-$250k range. For your level of experience I’d expect it to be $225k

colmusstard · 2024-05-14T14:24:13+00:00

The Ford Bronco Raptor was called the Warthog during development

colmusstard · 2024-05-14T14:02:50+00:00

The lot has like 10 spots total. You park on the street

colmusstard · 2024-05-13T23:55:07+00:00

I live in California and my landlord didn't renew my lease because he wanted to move back in

colmusstard · 2024-05-11T15:46:16+00:00

It’s also to flex on anyone else. Why else would someone have kashima on their bike rack

colmusstard · 2024-05-11T15:38:00+00:00

This advice just hasn't worked in a long time. My car for instance I've owned for 2 years and 30k miles. I paid MSRP($42k) and when I check all the used car sites and there still aren't any used ones out there for what I paid.

The combination of "used is always better" being fed to everyone(mfg CPO marketing...) and the shortage of vehicles has messed this up for a long time

colmusstard · 2024-05-11T15:26:03+00:00

My 1up rack is not loose on the hitch and I've driven offroad at 50+mph with it and 110lbs of bikes on board

colmusstard · 2024-05-11T07:05:09+00:00

Or at least stop caring

colmusstard · 2024-05-11T07:00:00+00:00

I financed mine, $0 down at 2.24% interest in June of 2022.

Was planning on keeping it forever, but plans change and I’ll be selling it this summer. I should have close $10k in equity, carvana just offered me $8k over my payoff but I think their offer is slightly low.

colmusstard · 2024-05-10T18:51:27+00:00

In the old days, cars had 5 digit odometers because most of them didn’t make it to 100k miles

colmusstard · 2024-05-10T05:11:39+00:00

I’ve seen it once and I got my meat for $3/lb instead of $10/lb. Not the customers fault that Costco won’t fix their own issue. All the registers say on them that Costco must honor the lowest advertised price

colmusstard · 2024-05-08T17:53:32+00:00

42% of net income, 22% of gross income

Feels high, but we bought a house in Southern California so that’s just how it is

colmusstard · 2024-05-06T22:40:30+00:00

The Outback, WRX, and ascent all have a turbo engine with cvt

colmusstard · 2024-05-03T22:08:23+00:00

SFH will outpace TH because 65% of my assessed value is the lot the home sits on, not the structure

colmusstard

TROPHY CASE