Coronainsanity

[tigermud]

both can be true. One reason people are leaving is their employers are letting them work from home. Why pay the taxes (income and property) when you can move to an area with lower taxes and a lower cost of living? Employees will benefit and in turn the employers will be able to lease less office space. There are a lot of jobs where a good employee can work from home and be just as, or more productive, than working in an office environment. I have worked from home for over 15 years. My wife is based out of Chicago and has been working from a home office for over 10 years. I think there will be a huge portion of the workforce that is currently working from home due to COVID that will continue to work from home.

17 for me, and I'm starting to actually consider moving out of MI never thought I'd even consider that. Not due to taxes but rather I'm really getting sick and tired of this man bear pig cold ass weather it's too damn cold more than half the year. Start snow birding it at least. The millennials are driving up the housing market though I honestly don't know how anyone affords it. Are there 60 year mortgages now or something? it's freaking nuts. How do you people afford it!

 

[Michchamp]

17 for me, and I'm starting to actually consider moving out of MI never thought I'd even consider that. Not due to taxes but rather I'm really getting sick and tired of this man bear pig cold ass weather it's too damn cold more than half the year. Start snow birding it at least. The millennials are driving up the housing market though I honestly don't know how anyone affords it. Are there 60 year mortgages now or something? it's freaking nuts. How do you people afford it!

If I was struggling to afford housing, I would simply work harder so that I was paid more money. Have you thought of that?

 

[tigermud]

If I was struggling to afford housing, I would simply work harder so that I was paid more money. Have you thought of that?

no I would just simply not purchase what I can't afford so that I don't go massively into debt and eventual default. The question was how do you people afford what you can't afford? Just don't care? let the gubmit bail ya out?

 

[Spartanmack]

no I would just simply not purchase what I can't afford so that I don't go massively into debt and eventual default. The question was how do you people afford what you can't afford? Just don't care? let the gubmit bail ya out?

vote for Bernie Sanders and have the government buy or build a house for you. The government can never default because they can just print more money or tax billionaires - and they build the best houses just ask anyone who lives or lived in one.

 

[Michchamp]

no I would just simply not purchase what I can't afford so that I don't go massively into debt and eventual default. The question was how do you people afford what you can't afford? Just don't care? let the gubmit bail ya out?

"you people?"

I bought my first house in Chicago at age 33. It was a bungalow, around 90 years old, and only had one bathroom, that was last updated in the 60's. was worth only a bit more than twice my annual salary at the time, and the monthly mortgage/interest/insurance/tax payments weren't much more than I was paying as a renter prior to that. I think it was less than 1/3 of my net monthly salary. edit: probably closer to a quarter of my monthly take home pay

I have regularly paid less for housing, proportional to my monthly salary, since then.

But like many of my fellow Gen Xers and Older Millenials, we missed out on the tail end of the post WWII economic stability, and everything now is precarious, so we're a lot more cautious with money than our dumb parents... who voted for Reagan and thought cutting taxes, gutting unions and shipping all our manufacturing base to China would somehow make the avg. American more prosperous....

 

[Michchamp]

the government bailed out the banks, not homeowners.

did you guys sleep through 2007 - 2009?

 

[tomdalton22]

"you people?"

I bought my first house in Chicago at age 33. It was a bungalow, around 90 years old, and only had one bathroom, that was last updated in the 60's. was worth only a bit more than twice my annual salary at the time, and the monthly mortgage/interest/insurance/tax payments weren't much more than I was paying as a renter prior to that. I think it was less than 1/3 of my net monthly salary. edit: probably closer to a quarter of my monthly take home pay

maybe I'm wrong, but the math doesn't seem to add up.

If you bought a house for 50% of your annual salary, your house payment, insurance, and taxes could not have been anywhere near 1/4 of your net monthly salary...probably 1/8 to 1/10

Let's say you made $300K. You bought a house for $150K. Even if you borrowed 100% of the purchase price and a 20 year loan, you are looking at a payment of about $1180, plus about $80 per month for insurance and probably $300-$400 for taxes. That's about $1660 per month. You would have been netting about $15K a month after taxes. Even on a 15 year loan it would be about about $2K a month which is a little over 1/7 of your take home. Even at $150K it ends up being close to 1/8, but I doubt there are many houses in Chicago that sell for $75K...are there?

 

[Michchamp]

yeah, sorry that was a typo. the FMV of my first house was just over twice my annual salary at the time.

I do not make $300K/year...

 

[Michchamp]

...but I doubt there are many houses in Chicago that sell for $75K...are there?

HUD homes maybe.

 

[tomdalton22]

yeah, sorry that was a typo. the FMV of my first house was just over twice my annual salary at the time.

I do not make $300K/year...

you must make much more...being a money grubbing lawyer

 

[Michchamp]

you must make much more...being a money grubbing lawyer

If I made that much money, I would hire an editor and a writer for tigermud, so that his posts could be re-written to be somewhat intelligible, and posted in the correct threads, rather than random jumbles of odd neologisms he absorbed from the youtube videos that are melting his brain.

 

[tigermud]

If I made that much money, I would hire an editor and a writer for tigermud, so that his posts could be re-written to be somewhat intelligible, and posted in the correct threads, rather than random jumbles of odd neologisms he absorbed from the youtube videos that are melting his brain.

What are you babbling about now

 

[Michchamp]

What are you babbling about now

Oh nothing. Tell me again when to expect the libdem chicoms to take over and march us all off to the re-education camps.

Hopefully sooner than later, TBH. The plandemic news has gotten old, and I'm bored & looking forward to something new.

 

[tigermud]

Oh nothing. Tell me again when to expect the libdem chicoms to take over and march us all off to the re-education camps.

Hopefully sooner than later, TBH. The plandemic news has gotten old, and I'm bored & looking forward to something new.

As am I, the Tigers are really super bad this year. it's an outright abomination, there is a very good chance they'll end up being the worst team in the history of the game by years end.

 

[Michchamp]

As am I, the Tigers are really super bad this year. it's an outright abomination, there is a very good chance they'll end up being the worst team in the history of the game by years end.

yeah, I keep meaning to follow baseball more, but they keep sucking.

one of my other friends said I should just adopt another team for now, but I'm gonna just sit this season out again.

 

[sggatecl]

yeah, I keep meaning to follow baseball more, but they keep sucking.

one of my other friends said I should just adopt another team for now, but I'm gonna just sit this season out again.

Being bad is well and good when you've got young talent with potential on the roster. This roster is devoid of that. Potentially bad on a historic level, not just record-wise but statistically all around.

 

[Michchamp]

well that sucks... my hometown team is not just bad, but historically bad.

hey thanks for making me feel a little bad about something I didn't even know was a thing 5 minutes ago.

 

[tinselwolverine]

Being bad is well and good when you've got young talent with potential on the roster. This roster is devoid of that. Potentially bad on a historic level, not just record-wise but statistically all around.

I don?t know if they?re going to be bad enough to challenge that Brandon Inge lead 2003 squad, who were so bad that they couldn?t even manage to break the record of the Legendary 1963 Mets by winning their way out of it in the last two games of the season.

 

[Michchamp]

I don?t know if they?re going to be bad enough to challenge that Brandon Inge lead 2003 squad, who were so bad that they couldn?t even manage to break the record of the Legendary 1963 Mets by winning their way out of it in the last two games of the season.

me look up records. 30 games into season, these Tigers are 8-22. The 2003 version were 5-25.

 

[byco42]

I don?t know if they?re going to be bad enough to challenge that Brandon Inge lead 2003 squad, who were so bad that they couldn?t even manage to break the record of the Legendary 1963 Mets by winning their way out of it in the last two games of the season.

The 2003 Tigers finished 5-1 avoid loss #120. It was inevitable, then not. I'm glad they avoided that distinction. Let the 1962 Mets keep it forever, unless the Red Sox manage to be that terrible.