The carpetbagger’s guide to home ownership
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The carpetbagger’s guide to home ownership
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Re: The carpetbagger’s guide to home ownership
#2Lmao, a dude from San Francisco trying to justify his own landlordship back in the midwest. Amazing.
Re: The carpetbagger’s guide to home ownership
#3Funny the lengths they go to to try and ingratiate themselves with the liberal crowd. This person has derived great success from humble beginnings because of capitalism nothing to be ashamed of, to the contrary a shining example. This sort of thing should be more explicitly taught in schools.
Re: The carpetbagger’s guide to home ownership
#4Why does this read like a penance?
Re: The carpetbagger’s guide to home ownership
#5> 5) You don’t need as much house as you’ve been lead to believe. Instead of trading up for a larger fancier house with more debt as you age, consider living simply and buying additional homes for diversified income.
IMO (in the process of doing this myself), this is the most important point
Re: The carpetbagger’s guide to home ownership
#6Lmao, a dude from San Francisco trying to justify his own landlordship back in the midwest. Amazing.
This is not a wealthy SF landlord story, this is an house cleaner. It’s an impressive story of someone slowly building up a real estate portfolio in the Bay Area. Most of it through creative means and living lean.
It’s actually an impressive story.
Re: The carpetbagger’s guide to home ownership
#7Lmao, a dude from San Francisco trying to justify his own landlordship back in the midwest. Amazing.
This is not a wealthy SF landlord story, this is an house cleaner . It’s an impressive story of someone slowly building up a real estate portfolio in the Bay Area. Most of it through creative means and living lean. It’s actually an impressive story.
It's impressive in the way a trainwreck is impressive. There's no reason why housing appreciates year after year. It should be a depreciating asset, like a car or at most value-neutral. But misguided government policies have caused housing to be out of reach for the greater part of the population.
Have you seen the housing price index for Pittsfield, MA: https://fred.stlouisfed.org/series/ATNHPIUS38340Q
Pittsfield. In Western MA. Not a desirable area. But it's going up, up, up. Asset inflation at its finest. This needs to stop, but it's unclear how. Can people invest in tulips instead, you can do without pretty flowers, but a roof over your head is a necessity for life!
Re: The carpetbagger’s guide to home ownership
#8Earlier quoted context omitted.
This is not a wealthy SF landlord story, this is an house cleaner . It’s an impressive story of someone slowly building up a real estate portfolio in the Bay Area. Most of it through creative means and living lean. It’s actually an impressive story.
It's impressive in the way a trainwreck is impressive. There's no reason why housing appreciates year after year. It should be a depreciating asset, like a car or at most value-neutral. But misguided government policies have caused housing to be out of reach for the greater part of the population. Have you seen the housing price index for Pittsfield, MA: https://fred.stlouisfed.org/series/ATNHPIUS38340Q Pittsfield. I…
Not arguing your greater point at all, but the Pittsfield MSA includes all of the Berkshires which are absolutely desirable even if Pittsfield itself isn't.
Re: The carpetbagger’s guide to home ownership
#9Earlier quoted context omitted.
This is not a wealthy SF landlord story, this is an house cleaner . It’s an impressive story of someone slowly building up a real estate portfolio in the Bay Area. Most of it through creative means and living lean. It’s actually an impressive story.
It's impressive in the way a trainwreck is impressive. There's no reason why housing appreciates year after year. It should be a depreciating asset, like a car or at most value-neutral. But misguided government policies have caused housing to be out of reach for the greater part of the population. Have you seen the housing price index for Pittsfield, MA: https://fred.stlouisfed.org/series/ATNHPIUS38340Q Pittsfield. I…
I mean, ok?
That doesn't change the point this house cleaner was able to get creative and a bunch of property.
Re: The carpetbagger’s guide to home ownership
#10> 5) You don’t need as much house as you’ve been lead to believe. Instead of trading up for a larger fancier house with more debt as you age, consider living simply and buying additional homes for diversified income. IMO (in the process of doing this myself), this is the most important point
> 5) You don’t need as much house as you’ve been lead to believe.
For living arrangements, you are mostly correct. I can exist very comfortably in about 1,000ft². Heck, even 800ft² would be comfy and cosy.
My problem involves my hobbies and domestic activities: I need a 200ft² cool room for the enormous amounts of fruits and vegetables I harvest every year, canning all that shit needs a 150ft² summer kitchen so I don’t seize up my regular kitchen with all that processing (I use that summer kitchen consistently at least six months out of the year), I need a library the size of a master bedroom (at least another 200ft²) for my books (including the movable stacks on rails), I do enough woodworking to need a garage-sized shop (500ft²) , and my IT work requires no small office (180ft² and an attached server room (80ft²) with its own cooling. Plus, I regularly use a wet sauna, which needs the same amount of room as a laundry.
So that balloons my requirements by _at least_ another 1,500ft², to say nothing of the needs of my wife.