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Message
re: Poors Profiting from The Rona
Posted on 5/26/20 at 9:46 am to Jake88
Posted on 5/26/20 at 9:46 am to Jake88
Most people posting in this thread have no clue about Orlando outside of Disney. Disney is Florida’s
So essentially, there are only 4 areas within Orange County that you can move to that do have failing public high schools. Those 4 areas, you can find a starter home for probably around $300k with 1500-1600 sf without needing large renovations or updates. Or you can move to lower income areas that have bad crime rates, and send your kids to private school. The housing market has taken a big hit in Orlando though with outside investors buying up properties the second they hit the market with cash for rental income because tourist will pay for it. The wages in the city have just not kept up with the rising cost of living.
I live fine. I can send my kid to an above average daycare (1,200 a month per child), keep a house over our head, and be able to do fun things for the family. But to look at the average income and think that making more than 40k is a great living in Orlando because that is the average income is very presumptuous.
So essentially, there are only 4 areas within Orange County that you can move to that do have failing public high schools. Those 4 areas, you can find a starter home for probably around $300k with 1500-1600 sf without needing large renovations or updates. Or you can move to lower income areas that have bad crime rates, and send your kids to private school. The housing market has taken a big hit in Orlando though with outside investors buying up properties the second they hit the market with cash for rental income because tourist will pay for it. The wages in the city have just not kept up with the rising cost of living.
I live fine. I can send my kid to an above average daycare (1,200 a month per child), keep a house over our head, and be able to do fun things for the family. But to look at the average income and think that making more than 40k is a great living in Orlando because that is the average income is very presumptuous.
Posted on 5/26/20 at 9:48 am to jclem11
You and I are not at odds. My original point was that 100k was not a lavish lifestyle.
Posted on 5/26/20 at 9:50 am to Indfanfromcol
quote:That was my point.
But to look at the average income and think that making more than 40k is a great living in Orlando because that is the average income is very presumptuous
Posted on 5/26/20 at 9:52 am to Jake88
quote:
The vast majority?
Yes. The majority of this country does not take annual vacations.
quote:
Of course not, and youre not going to get a great one on 100k unless you overspend.
I know. Is it all or nothing? You either have a great home or a mediocre home?
quote:
I can afford them but I don't value them either. But I didn't say anything about luxury cars. I mentioned an Accord or the like. That's mediocre but what you should be looking at if you're sensible with 100k income.
My point is that a lot of people wouldn't consider an Accord to be mediocre.
I feel as though you are stretching the definition of mediocre to prove your point
unless you are completely retarded with money, you should be able to live an above average lifestyle on $100k in 99% of this country
I don't know how any reasonable person would consider that to be "mediocre"
Posted on 5/26/20 at 9:53 am to Jake88
quote:
My original point was that 100k was not a lavish lifestyle.
nobody called it "lavish"
Posted on 5/26/20 at 9:54 am to Jake88
quote:
You and I are not at odds. My original point was that 100k was not a lavish lifestyle.
Depends on priorites and how you define "lavish lifestyle".
I make a little over $110K and have not a want or care in the world.
Posted on 5/26/20 at 9:55 am to The Torch
How much they blow on lottery tickets?
Posted on 5/26/20 at 9:55 am to Indfanfromcol
People like to look at broad income and wealth statistics, point to the median, and make themselves feel better about where they stand.
In reality, the median American has a high school diploma, is shaped like a barrel and afflicted with chronic health problems, and will die in a Medicaid nursing home.
In reality, the median American has a high school diploma, is shaped like a barrel and afflicted with chronic health problems, and will die in a Medicaid nursing home.
Posted on 5/26/20 at 9:56 am to The Torch
And that's the reason the Government is so screwed up. I have no problem helping people that need help but what percentage of people on government assistance is gaming the system?
Posted on 5/26/20 at 9:57 am to Salmon
quote:You're correct. As someone else said, it's not really a lot of money.
nobody called it "lavish"
Posted on 5/26/20 at 9:58 am to Indfanfromcol
quote:
Those 4 areas, you can find a starter home for probably around $300k with 1500-1600 sf without needing large renovations or updates.
That’s cheap as frick and especially so for someone making $100k.
I’m supposed to feel bad for you for getting a large house at half the cost of actual major cities?
Posted on 5/26/20 at 9:59 am to The Torch
Good for them. That there is the real American Dream.
Posted on 5/26/20 at 10:00 am to Jake88
quote:
You're correct. As someone else said, it's not really a lot of money.
This started because the guy said only poors got the stimulus check. $150k household or $75k individual isn’t poor by any stretch.
Not poor =\= lavish. You took it to the other end of the spectrum.
Posted on 5/26/20 at 10:01 am to The Spleen
quote:
Good for them. That there is the real American Dream
To do nothing and live off the government?
Posted on 5/26/20 at 10:01 am to Jake88
quote:
As someone else said, it's not really a lot of money.
It isn't "mediocre" either.
Posted on 5/26/20 at 10:02 am to Lsuespn
quote:
they should vote democrat. Hope trump puts an end to all that freeloading soon
It's as if people forget who is President right now.
Having said that, Trump gave an optimistic answer about a second round of stimulus checks when he was asked about it by reporters during a visit to a factory in Michigan . "I think there will be a second payment to help Americans move on. We will give them money towards the end of the outbreak. Right now we are focusing on reopening the country,” said Trump.
Posted on 5/26/20 at 10:02 am to fallguy_1978
quote:
To do nothing and live off the government?
No, to take advantage of a situation presented to them without the forethought to understand it is short lived.
Posted on 5/26/20 at 10:03 am to Indfanfromcol
quote:
100k isn’t really a good living here, it’s mediocre. I imagine 100k in actual major cities is scrapping by.
This is ridiculous
Posted on 5/26/20 at 10:06 am to The Spleen
quote:
No, to take advantage of a situation presented to them without the forethought to understand it is short lived
Gotcha. Yeah a lot of people are going to regret turning down a job so they could make a few more hundred per month for 8 weeks or whatever it is.
This post was edited on 5/26/20 at 10:12 am
Posted on 5/26/20 at 10:09 am to TH03
Personally, I don’t consider a 1500 sf lavish or great. I think it’s pretty average. Nothing wrong with that. But we are also taking only about housing market. And often, before the average person can buy that house, an investor with cash has come and bought the property to turn around and list it for rent for $2500.
That doesn’t include overall cost of living. I have lived in Baton Rouge, Houston (we technically lived in the Woodlands) , and then here to Orlando. I make by far the most here, but we still live smaller than both the previous cities just because the overall cost of living is by far the most here. But you wouldn’t see that through your online statistics that for some strange reason seems like your bible.
That doesn’t include overall cost of living. I have lived in Baton Rouge, Houston (we technically lived in the Woodlands) , and then here to Orlando. I make by far the most here, but we still live smaller than both the previous cities just because the overall cost of living is by far the most here. But you wouldn’t see that through your online statistics that for some strange reason seems like your bible.
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