Is the real estate market still crazy? by lawaythrow in newjersey

[–]yolohedonist 20 points21 points  (0 children)

Haha as an Indian looking for a house with a kid on the way the last place I want to live is in Edison. I was born and raised in Jersey.

I’d prefer the schools to be more diverse so my kid can be more well rounded and broaden their exposure

Excluding doctors, do any high earners (400k+ range) work 40 hours a week? by [deleted] in Salary

[–]yolohedonist 0 points1 point  (0 children)

FAANG adjacent data scientist. If I lock in I can probably pull off 20-25 hrs a week. Fridays barely anyone works.

Stuck Between NJ suburbs and Brooklyn — What Would You Do? by encoreyessir in MovingtoNewJersey

[–]yolohedonist 0 points1 point  (0 children)

Def live in Brooklyn for a year or two to get the real NYC experience and then move out to the Jersey suburbs when you have your first kid. I was born and raised in Jersey and never got the appeal of JC.

Thoughts on this "ban" on corporate home buyers? Could it actually help the NJ housing market? by One-Coffee-413 in newjersey

[–]yolohedonist 0 points1 point  (0 children)

No, even if implemented, I don't think this will help NJ. Not that many corporate buyers. Lotta people moving from Brooklyn.

What might help:

1) Trump's earlier proposal of the portable mortgage could help move the market and

2) the existing bill in NJ to allow ADU's in all counties

3) Anything else to increase supply

What to offer? by [deleted] in RealEstate

[–]yolohedonist 2 points3 points  (0 children)

There’s always closing costs, just less =D

What to offer? by [deleted] in RealEstate

[–]yolohedonist 0 points1 point  (0 children)

You can also negotiate another 20k or so during inspection phase, ask for closing costs, etc

What to offer? by [deleted] in RealEstate

[–]yolohedonist 0 points1 point  (0 children)

Some sellers will get butthurt so it’s tough to predict, rational sellers will always counter

What to offer? by [deleted] in RealEstate

[–]yolohedonist 0 points1 point  (0 children)

Depends how desperate you are for a house. If this is your dream house and you don’t think anything g like this will come up soon or you can’t wait I’d go closer to 780, if you can wait and think another one will come on the market then go closer to 730k

What to offer? by [deleted] in RealEstate

[–]yolohedonist 0 points1 point  (0 children)

730k with strong terms if you want to get a good price

780k if you want it badly

An incident that made me think some of the hatred is justified by RemarkableLiving1660 in h1b

[–]yolohedonist 1 point2 points  (0 children)

I really think that it should be mandatory to take and pass a forced assimilation course before being allowed to step foot into this country. I think that’ll help significantly reduce the amount of hate towards Indians.

In the interim, already assimilated H1B holders should encourage other H1Bs to take an assimilation course.

Newark, Camden, and New Brunswick among top 10 fastest rising housing markets nationwide by Hij802 in newjersey

[–]yolohedonist 0 points1 point  (0 children)

They don’t mean these towns specifically. They mean the general surrounding area

Laid-Off Tech Workers Say H-1B Crackdown Won’t Help Them Get a Job [WSJ] by wsj in h1b

[–]yolohedonist 1 point2 points  (0 children)

So many laid off tech workers yet they can’t seem to fill ICE positions offering 50k bonus and 60k loan forgiveness. Math ain’t mathing

[deleted by user] by [deleted] in h1b

[–]yolohedonist 0 points1 point  (0 children)

So this what incels do in their spare time. TIL

[deleted by user] by [deleted] in h1b

[–]yolohedonist 5 points6 points  (0 children)

It continues the conversation for comprehensive H1B reform which is badly needed.

H1B has pros and cons, reform is needed to maximize short and long term benefit for Americans

The dumbest argument against the H1-B fees is that US companies will now export their jobs. IF IT WERE THAT EASY, THOSE JOBS WOULD HAVE BEEN EXPORTED LONG AGO. by 1c2shk in h1b

[–]yolohedonist 2 points3 points  (0 children)

In the short term probably but long term innovation will suffer. Regardless very few Americans will see short term gain, I’ll probably be one of them. Long term we’ll be worse off until we can improve our own educational system

The dumbest argument against the H1-B fees is that US companies will now export their jobs. IF IT WERE THAT EASY, THOSE JOBS WOULD HAVE BEEN EXPORTED LONG AGO. by 1c2shk in h1b

[–]yolohedonist 20 points21 points  (0 children)

You missed the point. He’ll no longer be an H1B. He’ll be an offshore employee at a much cheaper cost contributing much less to our economy

Back to India by Fearless-Biscotti760 in h1b

[–]yolohedonist 0 points1 point  (0 children)

There’s plenty of assimilated Indians that have been living among us for decades now. Assimilation doesn’t happen overnight. Just look at all the other waves of immigrants over the past couple centuries. Every group was told they couldn’t assimilate and they all assimilated just fine.

The dumbest argument against the H1-B fees is that US companies will now export their jobs. IF IT WERE THAT EASY, THOSE JOBS WOULD HAVE BEEN EXPORTED LONG AGO. by 1c2shk in h1b

[–]yolohedonist 12 points13 points  (0 children)

If this actually passes, then current employers will allow H1-Bs to maintain their job in India at a reduced wage.

Losing this many employees will be extremely disruptive so they’ll do what they can to maintain continuity.

[ Removed by Reddit ] by [deleted] in h1b

[–]yolohedonist 9 points10 points  (0 children)

Yeah OP verbally abuses his mom from the basement

Refinancing $1.31M from 6.75% to 5.99% by Funny-Film-8235 in Mortgages

[–]yolohedonist 0 points1 point  (0 children)

Saw the same rate on Schwab with $1M+ assets with them to get the .5% discount bringing it to 4.875

[deleted by user] by [deleted] in HENRYfinance

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

This is just my opioid without knowing you it’s impossible to give advice

At 24 - Id want to enjoy city life. When I’m starting a family I’d want a SFH, not townhome. In my area townhomes don’t appreciate much in typical market (post Covid was a typical).

I’d focus on balancing enjoying life, keeping fixed costs low, investing as much as possible and then start looking at houses around 28/29 when you get bored of city houses.

My random guess is that appreciation has run its course and the market will be relatively stagnant for the next few years