Real Estate Crash thread

[funkendrenchman]

Teachers don’t work 2000 hrs. More like 1500.

Most teachers work way more than 1500 hours. Go try it out for a year and then tell us that $43k is fair for the job.

But that’s a whole nother thread.

[Mustonen]

[emoji638]][emoji640][emoji639]][emoji637][emoji640][emoji637][emoji639][emoji[emoji6[emoji640][emoji638]][emoji640][emoji6[emoji640][emoji638]]][emoji[emoji6[emoji640][emoji638]][emoji640][emoji640]]]Humidity dick-waving noted.

I'm sure GA is worse than MN or MI. That said, when it's hot and humid in the Midwest, it sucks. And it is like that a lot of the summer. And is probably getting worse...

MI and MN are big states with a whole range of weather. It’s rarely humid where I am, and I don’t think we saw [emoji[emoji6[emoji640][emoji638]][emoji640][emoji6[emoji640][emoji637]]][emoji[emoji6[emoji640][emoji638]][emoji640][emoji6[emoji640][emoji638]]] this summer.

Stay away, of course. No mountains and such. Bad. Etc.

[neufox47]

Most teachers work way more than 1500 hours. Go try it out for a year and then tell us that $43k is fair for the job.

But that’s a whole nother thread.

My oldest is in kindergarten now and I’m continually amazed at the quality of people that work at that school for not much money.

[Ted Striker]

$43k for a teacher is criminal.

[jackstraw]

My oldest is in kindergarten now and I’m continually amazed at the quality of people that work at that school for not much money.

That's really cool you recognize that [emoji106]

Having been married to a life long teacher I've heard many scenarios with regard to public and private schools and the teachers within. Definitely can not paint with a broad brush when discussing teachers and schools. There are many incredible teachers out there putting in 50+ hrs a week while in session, but certainly others just punching the clock and should be fired or choose a different career.

Of course we all know jabronis in the business world that just punch a clock and get paid double or triple what a teacher makes yet somehow maintain their job.

[skaredshtles]

MI and MN are big states with a whole range of weather. It’s rarely humid where I am, and I don’t think we saw [emoji[emoji6[emoji640][emoji638]][emoji640][emoji6[emoji640][emoji637]]][emoji[emoji6[emoji640][emoji638]][emoji640][emoji6[emoji640][emoji638]]] this summer.

Stay away, of course. No mountains and such. Bad. Etc.

You live in a different country altogether, man...

[Whiteroom_Guardian]

My dad pays 25k/year in property tax as an Ag assessed property. Without that it would easily be 40k+ per year.

People in Princeton and nearby Hopewell (where I lived from the early 90s till I left for college) are paying 50-60k/year in prop tax for 1/3 acre lots with normal houses.

NJ always has and always will be one of the greatest long cons in history. Yeah yeah good tomatoes and corn and the shore blah blah

[AdironRider]

Most teachers work way more than 1500 hours. Go try it out for a year and then tell us that $43k is fair for the job.

But that’s a whole nother thread.

I have lived next to a school for a large portion of my life, and there is no way in hell most are clocking over 1500. The parking lot is universally empty before 7:45am and again by 2:45pm every single day.

That does not short change the work they do, and that they should be paid well, but you need to be realistic about the workload. Up here in my rural NH school district, the average salary is over 80k a year. That is for 185 contracted working days. They get 5 personal days to use out of those 185 also.

Thats 1295 hours per the union contract not including the personal days where you can actually verify their work. There is no way they are clocking an additional 700+ to get to 2k hours at home. Personally I don't think I could handle 200 hours dealing with 20+ kids so they deserve every penny but it is hard to justify taxing the other working stiffs in the town more so they can work significantly less. Very few teachers could go bang hammers or work 12 hour nursing shifts 50 weeks a year either so that works both ways.

[CarlMega]

^yeah, teachers never work at home. grading papers. creating lesson plans.

[skaredshtles]

^yeah, teachers never work at home. grading papers. creating lesson plans.

Yeah - I've heard tell that once they leave the parking lot, they leave the job behind.

[californiagrown]

^yeah, teachers never work at home. grading papers. creating lesson plans.

We have a family next door whose kid is a couple weeks younger than ours, both parents are middle school teachers. We basically raise our kids together, and i think i have pretty good insight into their work lives/schedules. They certainly do work more than 1500 hours. And they certainly do spend time in the evenings grading papers/tests, and preparing for the next day. That said, the leave the house at 7:30 and are home by 4 each day... and will put in an hour or so of work at home a couple times per week. They effectively work a 40 hour week (45 during a big week)... and then are off for 3 months in the summer, with 2-3 week+ long breaks during the school year along with random federal holidays off that normal folks dont get off. They work quite a bit less than pretty much any other full time job i can think of- and that is one of the big, big perks.

That said, they have incredibly important jobs that at times can difficult and trying on their nerves/patience. I think both cops and teachers are underpaid for the jobs they do, which inturn results in the overall quality of workers being lower than it should be given the importance of their job.

[Percy Rideout]

Funny how stating facts that are not what you want to hear makes the author a sympathizer.

"Conspriacy theorists" are batting 1000 in the padded room since 2020. To any rational mind that should trigger some introspection when parroting MSM nonsense, but not this group. LOL.

[halliday]

My dad pays 25k/year in property tax as an Ag assessed property. Without that it would easily be 40k+ per year.

People in Princeton and nearby Hopewell (where I lived from the early 90s till I left for college) are paying 50-60k/year in prop tax for 1/3 acre lots with normal houses.

NJ always has and always will be one of the greatest long cons in history. Yeah yeah good tomatoes and corn and the shore blah blah

It's fucking crazy to think what people are willing to pay to live there. I moved to Savannah five years ago and there is a lot I don't like about it but it is pretty affordable. Property taxes are under $2000.00, cheap gas, when I bought the price per sq ft was a real bargain and housing prices have gone way up due to Mitsubishi, JCB, and the big electric car plant they are building. The biggest issue is Im a thousand miles away from anything worth doing.

[Conundrum]

Not sure if things have changed but my folks were both teachers. Definitely worked more hours than when their cars were parked in the school parking lots. My mom taking night and summer school to earn masters degrees necessary to work in special ed. Like my dad farming all summer instead of taking three months off so they could make ends meet. Both parents coaching and leading extracurriculars for the meager pay. Or my dad driving school buses for team sports or the local rafting outfitter shuttles because he had his CDL and the extra money helped.

[AdironRider]

^yeah, teachers never work at home. grading papers. creating lesson plans.

That is not what I said. I'm sure they work a bit at home, but 700 hours worth over a 9 month school year? No way.

[Ted Striker]

Yeah - I've heard tell that once they leave the parking lot, they leave the job behind.

Straight to the bar!

[MontuckyFried]

It was me. I tried to edit it and it was deleted because TGR still hasn't worked out the forum kinks and said fuck it to typing it again. I'm not saying poor insurance companies. I merely pointed out that it is math. Only one of the major homeowner insurance companies turned a profit on that line of business in '23. That insurer focuses solely on high cost (rich people) homes. The industry average was a 110% combined ratio. Yeah, execs make a bunch of money. That's not the argument here. The argument is, should private enterprise continue to operate at a loss year after year so people can afford their products? Sounds like a good argument to have the government step in. Kind of like how the government does with other things private enterprise can't maintain. You should call your legislators and get the ball rolling.

I don't have a dog in this fight-I choose to live in an area without much risk of weather events to insure against and I maintain my home. My primary, and only home. No vacation or investment homes in my meager portfolio.

Funny how stating facts that are not what you want to hear makes the author a sympathizer.

Ok. Appreciate you laying that out. Still though, what's bizarre is how in an industry that claims to barely be scraping by, executive compensation is simultaneously off the charts. Look at AIG CEO, Peter Zaffino. Dude made about $75 MILLION in 2022, or 894 times the median salary of his company. Makes you wonder if these companies could benefit from trimming some of the fat up top. I'm with USAA and I was floored when they gave the CEO a 68% pay increase from one year to the next (shot up to 8.1MM) right when hiking up all of our rates. And this was on the heels of them having a particularly bad "loss" one year. Sooooo, let me get this straight. Have a terrible performance and get a monstrous compensation increase out of the deal? Par for the course in the C-Suite these days I guess.

Even if the math is what it is, surely you can understand the optics of such things.

[californiagrown]

Straight to the bar!

To be fair, substitute teacher was a favorite past time of alcoholics in my town. Low expectations/committment, if you do show up its just turn the lights off and turn a movie on, and then you're back to the bar by 3pm.

[XXX-er]

MY buddy told me it took him the 1st 10 days of summer holidays just to come down from teaching the rest of the year

to the wanker who sez yeah they get all that time off and only work 9-3 I like to say

yeah but the part of the job you are forgetting is that they have to look after YOUR kids

[Ted Striker]

To be fair, substitute teacher was a favorite past time of alcoholics in my town.

My 100-level English prof told us, "if any of you want your final paper back, I'll be at [name of hotel dive bar] from 6 to 8."

Extra wtf points: none of us were of legal drinking age. But that didn't stop us.

[californiagrown]

MY buddy told me it took him the 1st 10 days of summer holidays just to come down from teaching the rest of the year

to the wanker who sez yeah they get all that time off and only work 9-3 I like to say

yeah but the part of the job you are forgetting is that they have to look after YOUR kids

So pay them the same hourly wage as a daycare worker? I dont think they'd like that.


Teachers need to be paid well enough to be able to live in or near the community in which they teach. They are vital members of a community entrusted with teaching and reinforcing values, social skills, and academics to our kids (the next generation). If a school district cannot find qualified candidates to teach, then the pay needs to go up to attract them.

[XXX-er]

So pay them the same hourly wage as a daycare worker?

I don't think I sad that ^^

buddy also said class size was a big issue, the difference in work load between having 30 kids and 36 kids was huge

I think teachers work pretty hard for their paychecks

[Cisco Kid]

Or pay day care workers more. Wife is a retired teacher. Daughter got her teaching degree but worked in day care. She quit after a year. Loved the kids. It wasn't the money. Could not stand when the parents gave her shit if she disciplined their kid.

[funkendrenchman]

That is not what I said. I'm sure they work a bit at home, but 700 hours worth over a 9 month school year? No way.

Go try it out for a year and come back and tell me that $43k is fair because you get a couple months "off" a year.

[4matic]

HS principal in Sac City base pay is $217k. Lots of opportunity for bonus pay too.

A “substitute” principal is paid $900 a day.

Teacher health care is typically 100% paid unlike typical corporate job. Government jobs aren’t what they used to be. Many pay well and also have guaranteed retirement benefits.

Teachers usually have a prep period to do things like grade papers and other admin tasks.