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

Posted on 12/17/17 at 2:54 pm to
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45850 posts
Posted on 12/17/17 at 2:54 pm to
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.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 12/17/17 at 3:01 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.


Well. You can take this to the bank.

The Democratic base considers someone making $150K who lives in a $750K home "rich". Considering that in NYC, the median HOUSEHOLD income is around $50, I'm totally good with the optics of the Democrats losing their shite over this.

By the way. Your friend? Dude earns $150K and is paying a mortgage of $43K per year plus taxes and insurance?

Um. Not for nothing. But is your friend mentally retarded?
Posted by heartbreakTiger
grinding for my grinders
Member since Jan 2008
138974 posts
Posted on 12/17/17 at 3:04 pm to
Sounds like his wife shouldn't be a leach and work
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78966 posts
Posted on 12/17/17 at 3:09 pm to
Yeah I have lived in a liberal enclave , so I understand this . That’s kind of the point though- 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”.

frick em . I hope they choke on this.
Posted by ABearsFanNMS
Formerly of tLandmass now in Texas
Member since Oct 2014
17502 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 Oddibe
Close to some, further from others
Member since Sep 2015
6568 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 Crimson Wraith
Member since Jan 2014
24915 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
3896 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 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
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