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Joined 1 year ago
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Cake day: October 25th, 2023

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  • Uhhhh.

    https://www.google.com/search?q=what+percentage+of+homes+are+over+%241+million

    Apparently per Redfin 8.5% of homes in the US are 7 figures or more. We’re not talking the 1% here.

    In California the median home price is almost $800,000.

    I’m in a HCOL area in Washington State and regularly see 3bdrm and sometimes 2bdrm condos for over 1 million.

    Not to mention sure your home is equity or net worth but most people only buy one and sell it anytime they move. Many of these people also planned on selling it / downsizing in retirement and converting it towards their retirement fund.

    Remember that “afford” doesn’t mean they have a million dollars. “afford” means they saved up a down-payment and then paid interest and mortgage payments (sometimes barely scraping by) for at least 30 years. Usually many more years if they moved from smaller house or a condo to a larger house when they decided to have a family (thereby starting a new mortgage for another 30 years). Or worst case, they haven’t paid it off and now are underwater on their mortgage.

    The banks are the ones making crazy money on all this.



  • BlackAura@lemmy.worldtoGames@lemmy.worldSatisfactory 1.0
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    2 months ago

    You’re comparing a 2d custom engine. Which admittedly you wouldn’t expect to have multiple os support…but it’s built on allegro, which is open source c++.

    To a 3d game in Unreal Engine 5, which stresses even the best systems running dedicated gpus on windows. Do many macs offer dedicated gpus these days?








  • Millennial here. Doing alright. SINK tech worker with no pets.

    Was sort of on a track to retire at as early as 45, though recent inflation has made me rethink how much I need saved.

    I bought my condo, 1 bedroom + office, in 2016, and it was within my budget and was slightly bigger than apartments I had rented in the past. Back home though I could use my parents garage when needed.

    Now I feel somewhat trapped because to get even a small place with a garage (I miss working on my car myself), is prohibitively expensive given how interest rates and house values have changed. Sure my condo is up quite a bit in valuation (something like 50% increase in the past 8 years), but homes have gone up quite a bit more, like 100% increase in some cases. Also my HOA dues just keep going up too, and we don’t have a pool or anything crazy. Not to mention developers in the area grab up small starter homes before they can hit the market, bulldozer them, and drop a mansion on the same land that is completely unaffordable for me.

    So my options are stay where I am (and it’s fine for now I guess), or move and expect to have to work much longer, and have a longer commute.

    Pretty much checks all the boxes you said. No debt except mortgage. Emergency fund. 401k. HSA. I’m not house poor. These days I can afford pretty much anything I could want in life except for a slightly bigger house :p

    But I look at how prices are changing and I’m still worried for the future. Ideally I live another 60 years. Statistically another 40 or so. That’s a long time for high rates of inflation and greed to change things.

    Edit: also with all the tech layoffs happening, there’s just an underlying sense of gloom. I’ve been laid off twice throughout my career. Once it took me something like 6 months to find a job. The other time a little under 2 months. Not fun though.