291–300 of 359 posts
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You can then move to a flyover state in the mid-west, and buy a palace for the $100,000/year you were stashing away.
This is the future. Silicon valley rent problems are a network optimization problem best solved by pushing resources to the edge of the graph.
A lot of that work could be moved to cheaper interior parts of the country.
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Anecdatum, but: My wife and I live in an expensive city. It's pretty fun. Except, we just had a child. She's pretty fun too. In fact, we think we might like another. She makes all the fun stuff in the city irrelevant (not heading to the bars these days), and the bad stuff in the city pretty horrible. * She's inhaling poison every morning I walk her to creche. * If I let her ride a bike on our street she will die. So,…
Fuck the job. Do your one kid a favor and have another kid. Siblings are just about the most useful things you can have in life.
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Woah, when did renting became the smart choice?
I'm general, when the price-to-rent ratio is too high. Last I heard San Francisco averages >30. It only makes sense (financially) to own if the price-to-rent ratio is under ~15. If you're an investor looking to become a landlord don't even consider buying a property if the price-to-rent ratio is greater than 8. Its a smart choice in other situations too - like when you are intending to live somewhere on a temporary b…
Anyway, when you're talking about buying vs renting you're also heavily involving non-financial factors that are usually MUCH more important than financial factors (assuming you have some sort of a budget); so something might be a "smart choice" for an individual but not the most financially optimal one. Just like eating lentils and ramen noodles every day might be the most financially optimal choice but is probably not a "smart choice" for most people. In fact, if you have a family you probably aren't going to make the most financially optimal housing choice unless you absolutely have to.
A real world example:
I have friends who are renting a decent single family house with tons of land for an absurdly low price (family price!) and the landlord (family member) even pays utilities because it's just "easier" and she isn't trying to make a profit. Factoring in depreciation and amortized repair/upkeep costs the landlord is almost certainly subsidizing their housing costs. Financially, great deal! They will almost certainly never have a chance to have a full house that cheap ever again. Staying there as long as the landlord lets them is the most financially optimal choice. However, for a number of complicated (but understandable) reasons, my friends hate it and are planning to move whenever they have saved up more and paid down their loan balances.
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Fuck the job. Do your one kid a favor and have another kid. Siblings are just about the most useful things you can have in life.
I hope to have a large family for this reason. I dont know if I'll have the time to give kids my full attention. I found my brother was/is the reason I'm a nerd. Sure my dad was a database manager, but I spend hours daily with my brother gaming. I dont even think I wanted to spend a half hour with my 'boring' dad.
When you frame things that way, the answer for parents who are considering another child is pretty much always to give the child the gift of life. In the developed world, at least.
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Fuck the job. Do your one kid a favor and have another kid. Siblings are just about the most useful things you can have in life.
Someone once told me: "The best gift you can give to an only child is a sibling. Shows them they aren't the center of the world."
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> ure there are pretty generous payments to most members of society, but there is still some petty crime and different social classes and lack of major mobility. By most metrics, Denmark has one of the largest degrees of social mobility in the world. The US usually comes out worst or second-worst in the developed world (the UK is gaining on it lately).
the rent, salary, taxation, net worth and expectancy data for denmark's 5 million danes is comporable to the AVERAGE american city/suburban resident of similar background in the USA we just have 100 million people that are literally in debt up to their eyeballs and die horrible unhealthy deaths every year. im not saying this system is justified, im saying it skews our statistics. the US is like south africa-- a delib…
Well, at least we're openly admitting the US is a caste society by design now.
Earlier quoted context omitted.
Anecdatum, but: My wife and I live in an expensive city. It's pretty fun. Except, we just had a child. She's pretty fun too. In fact, we think we might like another. She makes all the fun stuff in the city irrelevant (not heading to the bars these days), and the bad stuff in the city pretty horrible. * She's inhaling poison every morning I walk her to creche. * If I let her ride a bike on our street she will die. So,…
Fuck the job. Do your one kid a favor and have another kid. Siblings are just about the most useful things you can have in life.
Earlier quoted context omitted.
I hope to have a large family for this reason. I dont know if I'll have the time to give kids my full attention. I found my brother was/is the reason I'm a nerd. Sure my dad was a database manager, but I spend hours daily with my brother gaming. I dont even think I wanted to spend a half hour with my 'boring' dad.
When thinking about having children and about the level of care and attention you’ll be able to give them, I think it’s useful to have the right comparison in mind. If you’re considering having another child, that child’s choices are not between your limited time and attention on the one hand and, on the other, parents who can shower them with time and attention. Instead, the alternative to your limited time and atte…
Earlier quoted context omitted.
Fuck the job. Do your one kid a favor and have another kid. Siblings are just about the most useful things you can have in life.
Someone once told me: "The best gift you can give to an only child is a sibling. Shows them they aren't the center of the world."