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Fuck. 35 y/o buddy is buying a $6.5M home
Poast new message in this thread
Date: February 21st, 2018 5:10 PM Author: Mauve orchestra pit karate God damn I should have gone into Finance (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454846) |
Date: February 21st, 2018 5:13 PM Author: Khaki ceo fwiw, outside a few areas you're not getting much more utility from a $6.5M home than a $2.5M home (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454872) |
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Date: February 21st, 2018 5:13 PM Author: Henna spectacular garrison fwiw, op is jjc (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454876) |
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Date: February 21st, 2018 5:23 PM Author: Khaki ceo whoops! (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454954) |
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Date: February 21st, 2018 5:27 PM Author: Frum Cerebral Business Firm (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454983) |
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Date: February 21st, 2018 6:56 PM Author: Lilac crotch (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35455567) |
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Date: February 22nd, 2018 3:04 PM Author: out-of-control vermilion principal's office coffee pot (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35462288) |
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Date: February 22nd, 2018 3:08 PM Author: ocher native in that case this "buddy" is probably someone whose RinkedIn profile he's jacked it to, but he's never actually met. Or like his HBS "friend," purely fictional. (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35462316) |
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Date: March 9th, 2018 8:04 PM Author: flirting appetizing locus trust fund (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35572781) |
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Date: February 21st, 2018 5:14 PM Author: Translucent Library Me too. Why didnt you? (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454879) |
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Date: February 21st, 2018 5:25 PM Author: Maroon wagecucks what a waste of an emba (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454972) |
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Date: February 21st, 2018 5:26 PM Author: pearly station clown Is he about to be house poor? (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454977) |
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Date: February 21st, 2018 5:43 PM Author: Mauve orchestra pit karate Unsure but he seems somewhat conservative. Also top ugrad and MBA and been doing finance for a number of years. He must have $13+ M net worth. (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35455150) |
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Date: February 21st, 2018 6:55 PM Author: vigorous windowlicker wrinkle wow this really is brady
sup bro |
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Date: February 21st, 2018 6:57 PM Author: Talking Comical School (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35455571) |
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Date: March 9th, 2018 7:57 PM Author: sapphire supple halford yes, conservative and $6m houses are common combinations for 35 year olds conservative 35 year olds love paying $150,000 per year in real estate taxes |
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Date: March 9th, 2018 8:05 PM Author: Mauve orchestra pit karate it really depends on net worth. with a $15M+ net worth, a $6M forever home isnt that big of a deal. (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35572792) |
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Date: February 21st, 2018 5:40 PM Author: frisky aphrodisiac stead jap I have a buddy with massive family wealth and a super successful family business who recently bought a $4.5mm house. It's huge but no shit probably more than 1/2 of the interior space is bedrooms.
Oh well. |
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Date: February 22nd, 2018 2:50 PM Author: Mauve orchestra pit karate I wonder if their parents are giving them money. I'm so jealous (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35462167) |
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Date: February 22nd, 2018 2:50 PM Author: Coral Balding Sandwich Pistol this is literally the only way millennials on the coasts can afford to buy houses (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35462169) |
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Date: February 22nd, 2018 3:03 PM Author: Mauve orchestra pit karate It this guy is in finance. And it's 6.5 m !!!!! (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35462279) |
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Date: February 22nd, 2018 3:11 PM Author: Razzmatazz macaca ladyboy My parents have a 6,300 sq/ft house and my house is 3,400 sq/ft. I've lived in both. There is no appreciable difference once you have a certain amount of room. If both homes are equally nice, the happiness difference is non-existent once you get over the first few months of excitement having a huge house. I have enough bedrooms for my kids, my office, my pool table, my backyard, and my game room.
Having an extra 3k sq/ft or more would make zero difference. Plus the cost of heating and maintaining that space would be tremendous. I almost bought a 5,000 sq/ft house in my neighborhood until I relized I didn't need the extra room, and my heating, cooling, and gardening costs would be double.
He would have been better spending 2 mil and investing 4.5 mil into passive income. |
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Date: February 22nd, 2018 3:12 PM Author: Mauve orchestra pit karate House isn't necessarily bigger but in the most prime / in demand area. Arguably the ROI is higher because there will always be a huge demand for the most prime areas. (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35462348) |
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Date: March 9th, 2018 10:48 PM Author: vigorous windowlicker wrinkle you can buy into pretty much every single suburb of nyc with 3 million or so. where is this make believe house? (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35573639) |
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Date: March 9th, 2018 7:47 PM Author: Vivacious awkward mood 100% CR
I live in ARE COUNTRY, married, no kids, two small dogs. Copped a 2100 sqft house walking distance to bars and restaurants. I struggled to use all the space I have now, and entertain people every week to justify it. My next house will be smaller and more modern.
Tl;dr: don’t buy for your neighbors, buy for yourself. |
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Date: March 9th, 2018 8:00 PM Author: Floppy Lime Base what's his name? (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35572751) |
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Date: March 9th, 2018 10:50 PM Author: Coral Balding Sandwich Pistol 2100 sq feet is just the right size for a family of 3 or 4 IMO
for just 2 people, probably like 1400 sq feet |
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Date: March 9th, 2018 7:40 PM Author: Mauve orchestra pit karate I'm still so jelly. (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35572579) |
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Date: March 9th, 2018 8:02 PM Author: high-end plaza How big is his...
Oh, nm |
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Date: March 9th, 2018 10:38 PM Author: Cobalt keepsake machete temple (lives in a crackhouse) (http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35573579) |