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Fuck. 35 y/o buddy is buying a $6.5M home

God damn I should have gone into Finance
Costumed hell
  02/21/18
fwiw, outside a few areas you're not getting much more utili...
Pale sneaky criminal
  02/21/18
fwiw, op is jjc
amber boyish idea he suggested school cafeteria
  02/21/18
whoops!
Pale sneaky criminal
  02/21/18
...
Flickering dilemma depressive
  02/21/18
...
Bronze parlour
  02/21/18
...
marvelous toaster
  02/22/18
in that case this "buddy" is probably someone whos...
Wonderful headpube ceo
  02/22/18
...
lascivious senate legend
  03/09/18
Me too. Why didnt you?
Cracking pungent stage
  02/21/18
what a waste of an emba
Cowardly temple toilet seat
  02/21/18
Is he about to be house poor?
Twinkling razzle-dazzle native alpha
  02/21/18
Unsure but he seems somewhat conservative. Also top ugrad an...
Costumed hell
  02/21/18
wow this really is brady sup bro
well-lubricated lodge
  02/21/18
...
Underhanded principal's office love of her life
  02/21/18
yes, conservative and $6m houses are common combinations for...
Histrionic step-uncle's house telephone
  03/09/18
it really depends on net worth. with a $15M+ net worth, a $...
Costumed hell
  03/09/18
I have a buddy with massive family wealth and a super succes...
charcoal very tactful crackhouse useless brakes
  02/21/18
I wonder if their parents are giving them money. I'm so jeal...
Costumed hell
  02/22/18
this is literally the only way millennials on the coasts can...
garnet frozen clown
  02/22/18
It this guy is in finance. And it's 6.5 m !!!!!
Costumed hell
  02/22/18
My parents have a 6,300 sq/ft house and my house is 3,400 sq...
Chest-beating french black woman nursing home
  02/22/18
House isn't necessarily bigger but in the most prime / in de...
Costumed hell
  02/22/18
you can buy into pretty much every single suburb of nyc with...
well-lubricated lodge
  03/09/18
100% CR I live in ARE COUNTRY, married, no kids, two smal...
trip site
  03/09/18
what's his name?
Passionate mentally impaired point
  03/09/18
2100 sq feet is just the right size for a family of 3 or 4 I...
garnet frozen clown
  03/09/18
I'm still so jelly.
Costumed hell
  03/09/18
How big is his... Oh, nm
Onyx hospital factory reset button
  03/09/18
(lives in a crackhouse)
demanding heady pit
  03/09/18


Poast new message in this thread



Reply Favorite

Date: February 21st, 2018 5:10 PM
Author: Costumed hell

God damn I should have gone into Finance

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454846)



Reply Favorite

Date: February 21st, 2018 5:13 PM
Author: Pale sneaky criminal

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)



Reply Favorite

Date: February 21st, 2018 5:13 PM
Author: amber boyish idea he suggested school cafeteria

fwiw, op is jjc

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454876)



Reply Favorite

Date: February 21st, 2018 5:23 PM
Author: Pale sneaky criminal

whoops!

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454954)



Reply Favorite

Date: February 21st, 2018 5:27 PM
Author: Flickering dilemma depressive



(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454983)



Reply Favorite

Date: February 21st, 2018 6:56 PM
Author: Bronze parlour



(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35455567)



Reply Favorite

Date: February 22nd, 2018 3:04 PM
Author: marvelous toaster



(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35462288)



Reply Favorite

Date: February 22nd, 2018 3:08 PM
Author: Wonderful headpube ceo

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)



Reply Favorite

Date: March 9th, 2018 8:04 PM
Author: lascivious senate legend



(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35572781)



Reply Favorite

Date: February 21st, 2018 5:14 PM
Author: Cracking pungent stage

Me too. Why didnt you?

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454879)



Reply Favorite

Date: February 21st, 2018 5:25 PM
Author: Cowardly temple toilet seat

what a waste of an emba

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454972)



Reply Favorite

Date: February 21st, 2018 5:26 PM
Author: Twinkling razzle-dazzle native alpha

Is he about to be house poor?

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454977)



Reply Favorite

Date: February 21st, 2018 5:43 PM
Author: Costumed hell

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)



Reply Favorite

Date: February 21st, 2018 6:55 PM
Author: well-lubricated lodge

wow this really is brady

sup bro

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35455559)



Reply Favorite

Date: February 21st, 2018 6:57 PM
Author: Underhanded principal's office love of her life



(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35455571)



Reply Favorite

Date: March 9th, 2018 7:57 PM
Author: Histrionic step-uncle's house telephone

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

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35572714)



Reply Favorite

Date: March 9th, 2018 8:05 PM
Author: Costumed hell

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)



Reply Favorite

Date: February 21st, 2018 5:40 PM
Author: charcoal very tactful crackhouse useless brakes

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.

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35455112)



Reply Favorite

Date: February 22nd, 2018 2:50 PM
Author: Costumed hell

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)



Reply Favorite

Date: February 22nd, 2018 2:50 PM
Author: garnet frozen clown

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)



Reply Favorite

Date: February 22nd, 2018 3:03 PM
Author: Costumed hell

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)



Reply Favorite

Date: February 22nd, 2018 3:11 PM
Author: Chest-beating french black woman nursing home

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.

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35462331)



Reply Favorite

Date: February 22nd, 2018 3:12 PM
Author: Costumed hell

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)



Reply Favorite

Date: March 9th, 2018 10:48 PM
Author: well-lubricated lodge

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)



Reply Favorite

Date: March 9th, 2018 7:47 PM
Author: trip site

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.

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35572627)



Reply Favorite

Date: March 9th, 2018 8:00 PM
Author: Passionate mentally impaired point

what's his name?

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35572751)



Reply Favorite

Date: March 9th, 2018 10:50 PM
Author: garnet frozen clown

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

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35573650)



Reply Favorite

Date: March 9th, 2018 7:40 PM
Author: Costumed hell

I'm still so jelly.

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35572579)



Reply Favorite

Date: March 9th, 2018 8:02 PM
Author: Onyx hospital factory reset button

How big is his...

Oh, nm

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35572763)



Reply Favorite

Date: March 9th, 2018 10:38 PM
Author: demanding heady pit

(lives in a crackhouse)

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35573579)