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re: Please, won't someone think of the Marin County mansion owners

Posted on 12/17/17 at 3:13 pm to
Posted by ABearsFanNMS
Formerly of tLandmass now in Texas
Member since Oct 2014
17542 posts
Posted on 12/17/17 at 3:13 pm to
quote:

I work with an engineer who earns probably $150k a year. His wife doesn't work. He lives in NYC. His house has no yard, a single car garage and only 1300 square feet. Value is $765,000. It's not just the rich. Some areas of the country have property values that are just ridiculously expensive.


It is his dumb fricking fault. Move and became a conservative or STFU!
Posted by teke184
Zachary, LA
Member since Jan 2007
96902 posts
Posted on 12/17/17 at 3:13 pm to
If people aren’t able to keep letting the prices skyrocket then maybe they will show an interest in fixing policies causing this problem such as rent control, set asides for the homeless, etc.
Posted by Oddibe
Close to some, further from others
Member since Sep 2015
6578 posts
Posted on 12/17/17 at 3:13 pm to
quote:

I work with an engineer who earns probably $150k a year. His wife doesn't work. He lives in NYC. His house has no yard, a single car garage and only 1300 square feet. Value is $765,000.

It's not just the rich. Some areas of the country have property values that are just ridiculously expensive.
I would suggest he move to Houston where he can get 2600 square feet for $250k and save $7500 a year in state income tax.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
135220 posts
Posted on 12/17/17 at 3:17 pm to
quote:

I'm totally good with Democrats going to the American people with the "that evil Trump is making people in $750K homes pay more" rhetoric.

And, I'm totally good with Democrats trying to talk to the American people about how difficult it is to get by in their $750K home

Oh I agree.

These same pricks want everyone to pay their fair share but think they should be exempt. Same goes for helping people. They feel morally superior because they support the government giving everyone welfare, but won't actually get their hands dirty to actually help anyone.
Posted by Crimson Wraith
Member since Jan 2014
25132 posts
Posted on 12/17/17 at 3:23 pm to
Buy cheaper houses.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
425837 posts
Posted on 12/17/17 at 3:24 pm to
quote:

Progs Not only create these enclaves but they also drive up housing costs for working class people . There were more housing permits granted in Houston and Dallas last year, than in all of California combined. Now, having theirs, they demand preferential tax treatment while demagoguing “ but my poors”.


ONe bedroom apartments start at $1.9M in the Bubble
Posted by Crimson Wraith
Member since Jan 2014
25132 posts
Posted on 12/17/17 at 3:24 pm to
Maybe he should commute from outside the city.
Posted by pleading the fifth
Member since Feb 2006
3900 posts
Posted on 12/17/17 at 3:37 pm to
quote:


I work with an engineer who earns probably $150k a year. His wife doesn't work. He lives in NYC. His house has no yard, a single car garage and only 1300 square feet. Value is $765,000


So he won’t be able to deduct interest on $15,000 worth of his $765,000 mortgage? I doubt that will affect him much.
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 12/17/17 at 3:38 pm to
quote:

I work with an engineer who earns probably $150k a year. His wife doesn't work. He lives in NYC. His house has no yard, a single car garage and only 1300 square feet. Value is $765,000. It's not just the rich. Some areas of the country have property values that are just ridiculously expensive.


1200 sqft houses in Seattle are selling for over 800K now, my son also a engineer, just got beat in a bidding war on one. The run up in prices is mainly driven by the influx of people from California.
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45968 posts
Posted on 12/17/17 at 3:45 pm to
quote:

Maybe he should commute from outside the city
My point was lost, or not explained right by me. His house was originally purchased for less than $325k when he purchased it, but gentrification in the last five years has raised values so much in his area that it's now worth $765k. We were discussing how much property values have changed over the last few years. For example, my home was $365k when I purchased it in 2001. It dropped in value to $285k when real estate values plummeted nationwide. My newest valuation is now $586k. All the new homes around me are going in at values of $685k - $850k, driving up values (and my taxes).
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 12/17/17 at 3:46 pm to
quote:

1200 sqft houses in Seattle are selling for over 800K now, my son also a engineer, just got beat in a bidding war on one. The run up in prices is mainly driven by the influx of people from California.

When someone loves living in their bubble so much, they're willing to pay a double or triple or even quadruple premium to live in it, my sympathy meter doesn't even turn on much less register.

A decent engineer can live in Huntsville and make better than 6 figures while buying that same house for about $150K.

But most of the people living in those bubbles complaining about $800K starter homes would react to the suggestion that they could move to a lower cost of living place as if you'd offered them to go to rape camp.

Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
79467 posts
Posted on 12/17/17 at 3:50 pm to
Posted by League Champs
Bayou Self
Member since Oct 2012
10340 posts
Posted on 12/17/17 at 3:51 pm to
quote:

1300 square feet. Value is $765,000.

quote:

It's not just the rich.

Yeah, but I don't think its politically correct to write legislation to benefit the blissfully ignorant
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45968 posts
Posted on 12/17/17 at 3:59 pm to
quote:


A decent engineer can live in Huntsville and make better than 6 figures while buying that same house for about $150K.
Nothing against Huntsville. I go there almost every six weeks and it has a nice quality of life. However, people don't leave their entire family and social structure in New York or Seattle to go to Huntsville if they can at all possibly avoid it.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 12/17/17 at 4:00 pm to
quote:

Lsupimp



Stories like that are so hilarious to me given how flamingly liberal those assholes vote while looking down their noses at places like Alabama or Louisiana.

I mean. I suppose we could start creating policies making it impossible for people of modest means to live here too..........but those fricks would call that racist!!!

Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 12/17/17 at 4:03 pm to
quote:

Nothing against Huntsville. I go there almost every six weeks and it has a nice quality of life. However, people don't leave their entire family and social structure in New York or Seattle to go to Huntsville if they can at all possibly avoid it.


Huntsville is but one example.

And, like I said. I'm sorry. If you're social structure is worth quadruple to you, don't come looking to me for sympathy.

I'm not from Huntsville. I could have landed many places.

Besides, aren't these the same people who look down their noses at the West Virginias of the world and basically tell me, "suck it up people.......we don't like your kind of economy anymore"?

Same to south Louisiana?

Besides, those places don't have absurd housing prices because of those who won't leave. They have absurd housing prices because:
1)THEY set policies discouraging new homes
2)A bunch of them CAME there from elsewhere.

I REAALLLLLLY don't sympathize with people who moved IN to that shite.
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 12/17/17 at 4:03 pm to
quote:

Nothing against Huntsville. I go there almost every six weeks and it has a nice quality of life. However, people don't leave their entire family and social structure in New York or Seattle to go to Huntsville if they can at all possibly avoid it.


Seattle and Huntsville are in two different universes, there is a reason a house can be bought in Huntsville for $150K, and engineers are not flocking there from the west coast.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
135220 posts
Posted on 12/17/17 at 4:04 pm to
quote:



Stories like that are so hilarious to me given how flamingly liberal those assholes vote while looking down their noses at places like Alabama or Louisiana.

I remember reading a story about some lib woman who lived close to downtown Austin. She had to sell her house because she could no longer afford the property taxes. She said she voted for every progressive tax but couldn't figure out why her property tax was so high.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 12/17/17 at 4:05 pm to
quote:


Seattle and Huntsville are in two different universes, there is a reason a house can be bought in Huntsville for $150K, and engineers are not flocking there from the west coast.



I get that.(Although I would agree they are in 2 different universes.......the Huntsville one being vastly superior)

But hey. I get that some people like those other places better.

I'm simply saying AGAIN..........like it if you like. But if you like it so much you're willing to pay a quadruple premium........that's a YOU problem and frankly, IDGAF.

Life's about choices. Don't choose the bubble and then complain about it.
Posted by Vacherie Saint
Member since Aug 2015
39752 posts
Posted on 12/17/17 at 4:09 pm to
quote:

yeah wtf. she's arguing that the richest of the rich have to pay more


Yeah, but these are liberal millionaires. They didn't earn their money off of the backs of minorities they way non-liberal millionaires did and therefore, are being disproportionately and unjustly affected by Trumps tax plan.

Have a heart, brosevelt.
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