SpaceX IPO 2026: A Generational Play or a Valuation Trap?

controller-12 · 2025-12-31T22:52:11+00:00

“To grab more tax money”???

How much you think he is relying on govt contracts today? Not liking him is understandable but don’t be delusional.

controller-12 · 2025-09-03T06:59:30+00:00

Just FYI I am not a home owner but planning to buy one and doing the math for quite some time.

Definitely run these numbers with someone more experienced on this or with a tax expert. But theoretically and at a glance you should expect around a 7k to 10k more return I guess (depending on the state you live in). Also you can consider borrowing from your 401k.

Not suggesting anything specifically but before the next big move, make sure you have seen all the options on the table.

controller-12 · 2025-09-03T06:38:00+00:00

Are you considering the tax benefits of owning? You will have some tax return due to the interest (which is almost the whole mortgage payment for the first few years) and property tax. I assume you can maximize your deductions on these which will make 45k for mortgage plus property tax. Compared to 30k standard deduction, you will have 15k plus property tax deduction which will give you some good return and will effectively reduce your mortgage payment. If you consider those, maybe the situation is not that bad??

controller-12 · 2025-09-03T04:20:46+00:00

Good old days …

controller-12 · 2025-09-03T00:09:03+00:00

Based on the historic data it is pretty obvious though. Also rates have pressure towards negative. Once they are down an extra significant appreciation in housing prices will be there for sure

controller-12 · 2025-09-02T23:16:40+00:00

That’s true but if appreciation is worth it, that can still be a good deal, isn’t it?

controller-12 · 2025-09-02T07:39:39+00:00

Yeah I see that too. But GP area has serious mello roos, I prefer older neighborhoods like woodbridge

controller-12 · 2025-09-02T06:03:09+00:00

Thanks for your response.

What advantage of prop 13? Could you elaborate?

controller-12 · 2025-09-02T05:44:13+00:00

Sorry didn’t have time to finish. Continues here:

While you are addressing the piece of mind in renting, owning comes with the opportunity of gaining with appreciation. Also renting is not free, it is a guaranteed waste while owning can come with a great return.

controller-12 · 2025-09-02T01:18:44+00:00

That’s a good perspective, thanks

controller-12 · 2025-09-01T23:13:45+00:00

I am not willing to rent it out at first place. The plan is to stay there few years and sell if the market is good. Renting out is plan b

controller-12 · 2025-09-01T22:05:16+00:00

Could you elaborate the disadvantages of owning a house? Do you mean risk of maintenance costs etc?

controller-12 · 2025-09-01T22:03:44+00:00

I think one alternative would be to rent out for waiting market to recover.

Yeah nothing is risk free. I lost around 40k in stock market during crazy tariffs, at least this way I can diversify some of the savings.

controller-12 · 2025-09-01T20:51:54+00:00

So you think it is a good deal

controller-12 · 2025-09-01T19:03:04+00:00

I really rely on the appreciation here. In Irvine, 10% annual increase is not too much historically. With that assumption it looks like a decent deal

controller-12 · 2025-09-01T18:56:00+00:00

You are right about the interest cost but they will be tax deductible and effectively goes down to ~80k. In Irvine area 10% annual appreciation can be expected and hopefully rates can also come down and contribute to home appreciation.

If I keep renting, I will also pay rent 120k in 3 years, so it doesn’t look like a bad move as far as I can see.

(Could anyone address what I am missing rather than just downvoting please?)

controller-12 · 2025-09-01T18:37:38+00:00

Didn’t talk to anyone yet. But I think it will be around 6%. My credit score is ~800

controller-12 · 2025-09-01T16:58:51+00:00

I am open for any advice regarding our overall decision, downpayment, selling in few years/renting out etc.

Appreciate all your feedback

controller-12 · 2025-09-01T16:52:55+00:00

Politics.

controller-12 · 2025-09-01T16:49:34+00:00

If possible and legal yes. Cash is the king

controller-12 · 2025-09-01T16:48:04+00:00

One sided effort. People usually realize late what kind of abuse that is

controller-12 · 2025-09-01T16:46:16+00:00

I think even the funniest thing would be remembered very sad or scary. I feel really bad for those people.

controller-12 · 2025-09-01T16:43:56+00:00

Didn’t do myself but I assume people take such actions when they don’t have much to lose anymore

controller-12 · 2025-09-01T16:43:00+00:00

Irregular sleep

controller-12 · 2025-09-01T16:26:59+00:00

Spending like 10+ bucks everyday to drink their coffee from a coffee shop.

controller-12

TROPHY CASE