Mortgage rates back to 7%

[The Fukin Prophecy]

the kinda single family you can get for 4-500k around vegas is pretty solid. wouldnt buy you a fukkin dog house in california

Only issue really is if you're a degenerate...

My ass is highly susceptible to blowing away a bank account on fight night at a casino so Nevada never was an option...

 

[IIVI]

It’s hard when people break it down.
They just hear “70k” or “100k”

Whatever the numbers are. Great salary.
But when you start chipping away with the expenses…and you didn’t even mention kids, wife/girlfriend, student loans, credit cards, etc…

It’s rough out here.

And that, lady's and gentlemen, is reason #1 for why there's a large amount of people leaving California. Highest income tax rate in the country and the cost of living is absolutely ludicrous.

You'd be better off living in Arizona or Nevada and driving to Cali for fun every month or so.

Yeah it's actually kind of crazy. When you see an article like this:

The TRUE Cost of Living in Los Angeles

While Southern California is a popular travel destination, it presents a few challenges for new residents. Learn about the cost of living in Los Angeles.

www.upnest.com

What salary do you need to live in Los Angeles?
According to one estimate by Gobankingrates.com, an annual income of $74,371 was about right for the average person to live comfortably in Los Angeles. Of course, this varies depending on where you want to live in LA and how you want to live.

Yeah, $75k, after taxes.

That means if you come off 30%-40% each paycheck you need to be pulling $110k/year so that you do have that $75k to have enough money to live in LA all on your own and not split it with anyone. That's not enough money to save significantly nor enjoy the luxuries on a weekly basis or it barely is. That's basically enough money to go paycheck-to-paycheck. I don't care about the "well if you smart with your money" argument, because if you're "smart with your money" you won't be trying to live in LA solo without at least a great support system. It's a lesson some of my co-workers are learning - all those years and nothing to show for it.

 

[Remote]

I guess if there is a small silver lining it’s that…if you’re stacking money…keep saving and you might be in a position to buy when things come down.

 

[HabitualChiller]

some of these stories

check out nevada. one of the only states with no income tax and nonexistent property tax, plus it's purple/blue. the tax on my condo is 45 a month

That begs the question though: in your opinion, what's the best city to live in, in Nevada in regards to the below:

1. Cost of Living
2. Amenities (restaurants, shyt to do in general)
3. Job opportunities
4. Low crime

 

[Absolut]

That begs the question though: in your opinion, what's the best city to live in, in Nevada in regards to the below:

1. Cost of Living
2. Amenities (restaurants, shyt to do in general)
3. Job opportunities
4. Low crime

it’s all bad don’t move here

 

[Remote]

it’s all bad don’t move here

Damn.

Hit yall with the “we’re full”

 

[Harry Sax]

Shiiiiiiiiiiit. You’ll EASILY find folks paying $2500 here in NYC in 90-100 year old buildings

EASILY.

some of these coveted brownstones look like a damn movie set for a live action version of a Scooby Doo. Stairs and doors creaking and shít. Floors so trash that it sounds like your upstairs neighbor has autism by the amount of steps you hear. If you breathe youll hear something rattle.

This shyt is rigged.

You want a modern apt that wasn’t built when Archduke Ferdinand was killed then you gon pay $3500+

That’s nyc tho, not central Florida

Btw tell all yo ny cousins to keep y’all ass up there, coming down here driving up the prices

 

[Pedro Negro]

How long do you plan to live in San Diego?

The plan is to stay out there permanently once my kid is off to college. Put my current house up for sale towards the end of this year/beginning of next and the goal is to be out of NY next summer.

 

[the cac mamba]

That begs the question though: in your opinion, what's the best city to live in, in Nevada in regards to the below:

1. Cost of Living
2. Amenities (restaurants, shyt to do in general)
3. Job opportunities
4. Low crime

i'd only live in vegas or henderson, henderson's like the suburbs of vegas. international airport is right there, hour flight to LAX. vegas has the jobs, amenities, and crime

heres a random house off redfin for 475, prolly 8-900k in california

2541 Springville Way, Henderson, NV 89052 - 2 beds/2 baths

(GLVAR) Sold: 2 beds, 2 baths, 1512 sq. ft. townhouse located at 2541 Springville Way, Henderson, NV 89052 sold for $320,000 on Apr 4, 2023. MLS# 2475253. Fantastic Sun City Anthem 55+ Community townhome m...

www.redfin.com

 

[ORDER_66]

Hell naw.

Price of the brick went up. Less folk willing to buy because banks are iffy on lending or people just don’t want to pay a higher interest rate each month when that shyt was MUCH lower 2 years ago.

Interest rates damn near approaching inflation numbers. So to the folk who got in at 4-7% they are feeling it every month and likely having a hard time paying

Short story short is shyt ain’t just getting real — it’s real now. The rates are going “down” anytime soon either. This will be a generational thing

Jeuss christ it just keeps getting worse and worse in this fukking country... capitalistic piece of shyt...

 

[Michael's Black Son]

That’s nyc tho, not central Florida

Btw tell all yo ny cousins to keep y’all ass up there, coming down here driving up the prices

Sure I’ll put it in the NYC discord channel.

Just do me a favor since Florida is technically the southern — and tell anyone from below the border to get the fukk off of those buses because we are well over capacity.

We have more than enough folks selling churros and fruit that no one wants.

 

[Michael's Black Son]

Jeuss christ it just keeps getting worse and worse in this fukking country... capitalistic piece of shyt...

Breh don’t let social media fool you. Folks are down BAD and it’s not gonna end anytime soon.

You’re better off buying some fun consumer trinkets like an iPad Pro, game console, an Oculus, a Roku and some noise canceling headphones and figure out ways to enjoy yourself. Real life just ain’t hitting the same these days

 

[Remote]

i'd only live in vegas or henderson, henderson's like the suburbs of vegas. vegas has the jobs, amenities, and crime

heres a random house off redfin for 475, prolly 800k in california

2541 Springville Way, Henderson, NV 89052 - 2 beds/2 baths

(GLVAR) Sold: 2 beds, 2 baths, 1512 sq. ft. townhouse located at 2541 Springville Way, Henderson, NV 89052 sold for $320,000 on Apr 4, 2023. MLS# 2475253. Fantastic Sun City Anthem 55+ Community townhome m...

www.redfin.com

I remember seeing houses in Anaheim 15 years ago that were going for 400k and they had 1 bedroom.

This shyt gotta be 1.2 million in Socal now.

 

[MoveForward]

The country reassessed my house last year, which tripled my property taxes. I'm gonna appeal as soon as the appeal window opens. I'm still only paying $1420 for the entire mortgage tho with that tax increase factored in.

Good sh*t bruh. My mortgage is only $800 and my property taxes have gone up $1k.

 

[Remote]

Good sh*t bruh. My mortgage is only $800 and my property taxes have gone up $1k.

Up $1000 for the year or 1000 a month?

Is it common for property tax to be higher per month than your actual mortgage?