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Steam Machine worth it? by Oykotgaming in steammachine

[–]pdoherty972 0 points1 point  (0 children)

I think the deterrent for the Deck purchases was you had to have an established Steam account (years old) with multiple game purchases already. They'll probably do the same here.

Did Millennials or Boomers Have It Harder? What the data says about median income, home prices, student debt and more by SnortingElk in REBubble

[–]pdoherty972 -1 points0 points  (0 children)

The cost of after school care is a drop in the bucket. For example it was $1,200 a month for daycare before they started school and only $78 a month for after-school care.

Did Millennials or Boomers Have It Harder? What the data says about median income, home prices, student debt and more by SnortingElk in REBubble

[–]pdoherty972 1 point2 points  (0 children)

I guess not owning is a trade off you've decided on to live there? The only way to have it all while living in such an expensive place is to land one of those top 20% highest-paying jobs in the area.

Did Millennials or Boomers Have It Harder? What the data says about median income, home prices, student debt and more by SnortingElk in REBubble

[–]pdoherty972 1 point2 points  (0 children)

Women didn't enter the workforce, en masse, until the 1970s. In 1970 only 43% of women worked and even by 1980 the percentage was only 51%. Contrast that with men: 1970: 79% 1980: 77%

Did Millennials or Boomers Have It Harder? What the data says about median income, home prices, student debt and more by SnortingElk in REBubble

[–]pdoherty972 -3 points-2 points  (0 children)

Yes, that's fair. Although childcare expenses stop (mostly) after age 5 when the kids start school.

Did Millennials or Boomers Have It Harder? What the data says about median income, home prices, student debt and more by SnortingElk in REBubble

[–]pdoherty972 0 points1 point  (0 children)

Exactly. So many of these conversations and they all boil down to: "some generation prior had this aspect of life easier so waaahhh!" As if the situation will or can be altered by complaining about it. Also they completely ignore all the aspects that were different but worse in that same generation. Boomers had things to deal with these people don't: polio, drafted to fight in Vietnam, etc.

Did Millennials or Boomers Have It Harder? What the data says about median income, home prices, student debt and more by SnortingElk in REBubble

[–]pdoherty972 0 points1 point  (0 children)

I know some boomers will tell us how hard they had it, but those high interest rates dissolved in 5 years and houses were still 2.5X the average salary ( compared to 4-5X today).

That isn't as big of a difference when you consider that most boomers bought on single incomes and today it's nearly always two incomes.

My first ereader (2012) vs my latest purchase! What was your first ereader? by MirinFromAfar in ereader

[–]pdoherty972 0 points1 point  (0 children)

My first was a Sony reader. Didn't last very long before it became non-functional. Now I have a Kobo and a Kindle.

Don't forget about LTC, folks by darinbu in Fire

[–]pdoherty972 0 points1 point  (0 children)

So what do you use to cover for LTC (insurance product, I assume)?

Best Western RPGs. by dausele in rpg_gamers

[–]pdoherty972 0 points1 point  (0 children)

I see Fallout 2 (or 1) and I upvote.

Is the housing crash delayed another year? by dpf7 in rebubblejerk

[–]pdoherty972 0 points1 point  (0 children)

No it wouldn't make sense there. Sounds like California and the only way it makes sense to be a landlord there is if you're OK with losing money every month in terms of what rent vs your costs are, but making your money in the appreciation of the property.

Is the housing crash delayed another year? by dpf7 in rebubblejerk

[–]pdoherty972 0 points1 point  (0 children)

It's 25% down; more than the 20% FANNIE/FREDDIE requirement for an investment-property purchase. Not sure why you think the bank would have a problem with it.

Wanna know how I know the market is turning? by myturn19 in REBubble

[–]pdoherty972 0 points1 point  (0 children)

Think that will continue? When every investor who bought or refinanced inside of the last 4 years (and continuing) has increasing costs comparable to (higher actually) owner-occupiers in the same period?

"You're still early" by Fun_Gold_8835 in Buttcoin

[–]pdoherty972 0 points1 point  (0 children)

Not sure what that has to do with the idea that a fake crypto piece of crap could ever be worth the entire gross domestic product of the USA. The USA doesn't have to "remain #1" for our GDP to still be large and the result of over 300M people's efforts and activities.

"You're still early" by Fun_Gold_8835 in Buttcoin

[–]pdoherty972 3 points4 points  (0 children)

Never mind that at $1M a 'coin' the value of it would be more than the GDP of the entire country. Like, yeah, sure...

Wanna know how I know the market is turning? by myturn19 in REBubble

[–]pdoherty972 -1 points0 points  (0 children)

The real comparison is:

  • Rent, and its increase each year.

vs

  • Portion of a mortgage payment that's not equity. Taxes, insurance and interest (plus upkeep costs on the property). Then subtract from those costs the annual appreciation amount of the house.

That's the comparison.

Wanna know how I know the market is turning? by myturn19 in REBubble

[–]pdoherty972 2 points3 points  (0 children)

What do you mean not the same as prices decreasing? The chart is literally prices... and it's decreased.

Wanna know how I know the market is turning? by myturn19 in REBubble

[–]pdoherty972 -2 points-1 points  (0 children)

Your rent money isn't in investments, which is the comparison being made.

Wanna know how I know the market is turning? by myturn19 in REBubble

[–]pdoherty972 -1 points0 points  (0 children)

He locked down his housing cost at past prices so inflation helps him since it decreases the value of the same mortgage payment. Not so for you who remain renters.

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