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  1. #13926
    Join Date
    Dec 2010
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    1,599
    Quote Originally Posted by AdironRider View Post
    Average CA pension for a teacher is almost 80k. Thats a 2 million value.
    lets go ahead and use the federal median number of 38k. Guess what that is worth? Oh right a million fucking dollars.

    You don't get it both ways. Again, there is a reason pensions hardly exist for anyone but govt employees, and its because they are high value instruments that are fucking expensive.
    Yep, i guess you are arguing that someone recieving $38k in SS and pension during retirement, with no other assets to their name is a top 10%er. I can't argue with stupid, so im out.

  2. #13927
    Join Date
    Dec 2003
    Location
    Nhampshire
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    6,353
    Quote Originally Posted by Core Shot View Post
    Fuck. Dude.

    It’s 80,000 acres!

    That’s worth 2,000 mules!
    I mean, it's hard to bring racism into this discussion, but somehow you did it.

  3. #13928
    Join Date
    Aug 2006
    Posts
    6,910
    Quote Originally Posted by californiagrown View Post
    Yep, i guess you are arguing that someone recieving $38k in SS and pension during retirement, with no other assets to their name is a top 10%er. I can't argue with stupid, so im out.
    The example was a pension, social security, and million dollars, and that person gifting their kid 100k. That is a top 10% person and you know it. But move the goalposts....

    More than half of this country is going to retire with maybe 20k a year in social security and zero savings. Half. If they retire at all. But keep on keeping on that the above example is just some average guy.
    Live Free or Die

  4. #13929
    Join Date
    Oct 2005
    Location
    Idaho
    Posts
    9,569
    Quote Originally Posted by californiagrown View Post
    Yep, i guess you are arguing that someone recieving $38k in SS and pension during retirement, with no other assets to their name is a top 10%er. I can't argue with stupid, so im out.
    When I was bitching about property taxes and home equity earlier in the thread, I was told those people were millionaires because they have assets on paper even though they bought cheap many years ago and never had a high monthly income. My argument was they either had to give up their primary residence or reverse mortgage to get a monthly living stipend so it shouldn't count and there were many different opinions there. Knowing that you'll be paid a fixed amount per month for the rest of your life seems similar to me.

    I'm over the property tax thing by the way. County assessor said expect a 25% increase this year so I've given up. Write the check and smile while I can and such.

  5. #13930
    Join Date
    Aug 2006
    Posts
    6,910
    If its any consolation, pretty sure Idaho just upped the homestead exemption 25% and put in some caps in terms of what counties can raise in terms of overall dollars, so while your valuation might increase, the levy rate will probably decrease.
    Live Free or Die

  6. #13931
    Join Date
    Dec 2003
    Location
    Tech Bro Central
    Posts
    3,046
    I got snipped about a decade ago, so can I skip the sterilization?

  7. #13932
    Join Date
    Oct 2005
    Location
    Idaho
    Posts
    9,569
    Quote Originally Posted by The Suit View Post
    I got snipped about a decade ago, so can I skip the sterilization?
    Only with a time machine.

  8. #13933
    Join Date
    Aug 2007
    Location
    At the beach
    Posts
    15,357
    Quote Originally Posted by The Suit View Post
    I got snipped about a decade ago, so can I skip the sterilization?
    Same thing right, but according to about 5 butt hurt guys in this thread, you haven't done enough. Luckily they are in the minority for now.

    Now I need to go give the misses shit for not having an $80k teachers retirement. I mean AR said all the teachers have that in CA.
    Quote Originally Posted by leroy jenkins View Post
    I think you'd have an easier time understanding people if you remembered that 80% of them are fucking morons.
    That is why I like dogs, more than most people.

  9. #13934
    Join Date
    Jun 2020
    Location
    in a freezer in Italy
    Posts
    2,797
    I've been about as poor as you can be. And now I'm not. This is better.

    That ranch deal btw, that's 125 fucking square miles of scenic, pristine Montana. Whoever bought it got a bargain.

    also, he did say $100K per month, did we clear that up? I missed it.

    also, Conundrum, I bet it was just one really rich guy with 5 cars who looked at that place. He might be in a different mood after he looked at it, he needed a quiver for the ride home.

  10. #13935
    Join Date
    Feb 2008
    Posts
    1,229
    Can we please get back to examples of outrageously priced homes in our local markets and speculation about what shape the end of the boom will take?

  11. #13936
    Join Date
    Sep 2004
    Location
    LV-426
    Posts
    18,074
    Time for me to bump this thread? Sounds like it.

    https://www.tetongravity.com/forums/...-number/page51
    Quote Originally Posted by powder11 View Post
    if you have to resort to taking advice from the nitwits on this forum, then you're doomed.

  12. #13937
    Join Date
    Jun 2020
    Location
    in a freezer in Italy
    Posts
    2,797
    Did we switch over to that thread? I'm so far behind.

  13. #13938
    Join Date
    Aug 2007
    Location
    At the beach
    Posts
    15,357
    This thread is constantly sidetracked by a few butt hurt d bags. I almost have them all on ignore.
    Quote Originally Posted by leroy jenkins View Post
    I think you'd have an easier time understanding people if you remembered that 80% of them are fucking morons.
    That is why I like dogs, more than most people.

  14. #13939
    Join Date
    Mar 2008
    Location
    the ham
    Posts
    9,615
    Did anyone ever come up with the number?

  15. #13940
    Join Date
    Sep 2001
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    Before
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    23,437
    $37
    Merde De Glace On the Freak When Ski
    >>>200 cm Black Bamboo Sidewalled DPS Lotus 120 : Best Skis Ever <<<

  16. #13941
    Join Date
    Apr 2006
    Location
    Wasatch
    Posts
    6,393
    Your rich if you have a house food and a job. That’s like worldwide top 10% or something like that.

    On a real estate note my neighbor sold his bought new house for 50% gain in less than 3 years. Crazy town. It’s only real ROI if you sell it.


    Sent from my iPhone using TGR Forums
    I need to go to Utah.
    Utah?
    Yeah, Utah. It's wedged in between Wyoming and Nevada. You've seen pictures of it, right?

    So after 15 years we finally made it to Utah.....


    Thanks BCSAR and POWMOW Ski Patrol for rescues

    8, 17, 13, 18, 16, 18, 20, 19, 16, 24, 32

    2020/2021 (20/24)

  17. #13942
    Join Date
    Oct 2009
    Location
    seatown
    Posts
    3,598
    Quote Originally Posted by AdironRider View Post
    There is a reason pensions hardly exist anymore, and it isn't because they are worth peanuts.
    american businesses and government alike dont want accountability for the nations well-being? i agree. the 401k is a beautiful tragedy

    real estate still booming in my hood, seems mostly driven by covid geo arbitrage and luxury hoarding. but i feel we can generalize to luxury asset price/demand curve at this point and consolidate threads?

  18. #13943
    Join Date
    Nov 2007
    Posts
    4,642
    New listing in my ‘hood bringing down listing prices:

    https://www.coldwellbankerhomes.com/.../pid_41281622/

  19. #13944
    Join Date
    Jun 2020
    Location
    in a freezer in Italy
    Posts
    2,797
    Well if we start consolidating threads we'll be down to one thread in no time. Personally I enjoy all the clicking.

  20. #13945
    Join Date
    Sep 2006
    Posts
    5,492
    realized gains FTW.
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  21. #13946
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    Dec 2005
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    13,328
    Quote Originally Posted by Danno View Post
    who knew all the retired teachers and cops and firefighters, living off their pensions, were baller rich millionaires!
    Oh?

  22. #13947
    Join Date
    Mar 2008
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    the ham
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    Quote Originally Posted by dan_pdx View Post
    Can we please get back to examples of outrageously priced homes in our local markets and speculation about what shape the end of the boom will take?
    Here you go. This house in my hood was listed for 710k at the end of April. Everything had been done - including building a single car garage - but it's still only a 1,380 sq ft rambler, so that's pretty ridic. It got bid up to 822k in the first week, and the winners closed in three days, which usually means cash buyer.

    Today, the new owner put it back on the market for 895k. Basically $600/sq ft.

    https://www.zillow.com/homedetails/2...23624317_zpid/

  23. #13948
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    Dec 2005
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    Quote Originally Posted by Ted Striker View Post
    Here you go. This house in my hood was listed for 710k at the end of April. Everything had been done - including building a single car garage - but it's still only a 1,380 sq ft rambler, so that's pretty ridic. It got bid up to 822k in the first week, and the winners closed in three days, which usually means cash buyer.

    Today, the new owner put it back on the market for 895k. Basically $600/sq ft.

    https://www.zillow.com/homedetails/2...23624317_zpid/
    Flippers are worse than the rich (not that they’re always different). Change my mind.

  24. #13949
    Join Date
    Sep 2005
    Location
    PRB
    Posts
    25,952
    Quote Originally Posted by Ted Striker View Post
    Here you go. This house in my hood was listed for 710k at the end of April. Everything had been done - including building a single car garage - but it's still only a 1,380 sq ft rambler, so that's pretty ridic. It got bid up to 822k in the first week, and the winners closed in three days, which usually means cash buyer.

    Today, the new owner put it back on the market for 895k. Basically $600/sq ft.

    https://www.zillow.com/homedetails/2...23624317_zpid/
    So they're listing it a week or two after buying it, for $73K more than they just purchased it for?

    Edit: 6 days!
    "fuck off you asshat gaper shit for brains fucktard wanker." - Jesus Christ
    "She was tossing her bean salad with the vigor of a Drunken Pop princess so I walked out of the corner and said.... "need a hand?"" - Odin
    "I'd eat a bag of Dicks and wash it down with a Coke any day." - iceman

  25. #13950
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    Sep 2001
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    Quote Originally Posted by Meadow Skipper View Post
    Flippers are worse than the rich (not that they’re always different). Change my mind.
    Merde De Glace On the Freak When Ski
    >>>200 cm Black Bamboo Sidewalled DPS Lotus 120 : Best Skis Ever <<<

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