16,000 people in L.A. now live in cars, vans and RVs. ,Tar Oozes From Ground Into LA

**Earl** · 06-11-2019, 06:59 AM

Originally Posted by Oneuli

Why would I do that? It's so much more fun to make you melt down by pointing out your credulousness. Weep all you want, but I'm not going anywhere.

iIntentional obtuseness is not a virtue, pende*a.

You melted down.

**Micawber** · 06-11-2019, 07:01 AM

I would have thought it was much more. That's hardly a blip.

**RB 60** · 06-11-2019, 07:06 AM

Originally Posted by Oneuli

Not at all. Let's say you work in NYC and own a median home in Brooklyn. As of 2018, at least, that was worth about $808,000:

https://www.6sqft.com/for-the-first-...-1m-threshold/

And let's say you were willing to step back, in retirement, to a much less desirable location. For example, let's say you are willing to live somewhere like Pine Bluff, Arkansas. Here's a McMansion there for $73,324 (5 bed, 2.5 bath, 4,398 sq ft):

https://www.zillow.com/homedetails/1...76210386_zpid/

You could buy yourself that place for the money you made selling in Brooklyn, and have $734,676 left over. If you stuck that into an index fund make 10% per year, you could produce $73,468 per year for life. And with the crappy local pay scales in Pine Bluff, you could hire yourself a full-time housekeeper and handyman with that money, with plenty left over (even if you paid them each enough to fund a median household in the area, it would cost $64,996, leaving you enough left over for a couple nice vacations per year.)

It's a smart move, if you can stomach living in such a place. With the wealth you accumulated in a productive part of the country, you can go and live like a queen in a less productive part.

I am aware of comparing home prices and financial affairs. Again, you are dreaming.

**Legion** · 06-11-2019, 07:07 AM

**Legion** · 06-11-2019, 07:08 AM

**anonymoose** · 06-11-2019, 07:09 AM

Originally Posted by Oneuli

If you're happy with your Ford Fiesta and you think those who, instead, buy a BMW 5-series are just paying a premium for the same thing, then that's great for you. Enjoy your Fiesta. But the market represents the collective wisdom of people in general, when they're putting their money where their mouths are. Collectively, people have determined those BMWs are worth a lot more, and collectively they've also determined that living in those liberal, urban cities is effectively a luxury worth shelling big money out for, whereas living in rural areas is not.

To each their own. I grew up in New Orleans and the mindset of many native New Orleanians is extremely provincial as I'm sure it is with other places.
They'd rather earn half of what they could make in Houston to live in N.O. where they grew up. Personally I'd rather have my eyes gouged out than live in that shithole for any amt. of money.
"Collective wisdom", lol. I can easily turn that around and call it collective stupidity. Let's take your analogy of the BMW and Ford Fiesta. I'm not a car person, therefore tend to buy used cars and drive them until they're irreparable. Paying for a BMW or any premium car would actually make me unhappy because I'd be reminded of money I didn't have for traveling or golf, e.g.
So in the end, it's what makes one happy. Has nothing to do with wisdom. If living in a shithole , literally, around homeless vagrants makes you happy, fine. I'm not going to judge you. I just don't want to be around you.

**Legion** · 06-11-2019, 07:10 AM

**Oneuli** · 06-11-2019, 07:10 AM

Originally Posted by Earl

pende*a.

Cry more for me. Your tears are delicious.

**Legion** · 06-11-2019, 07:10 AM

**Oneuli** · 06-11-2019, 07:11 AM

Originally Posted by RB 60

Again, you are dreaming.

Yes, when I get my large checks, I am indeed dreaming about a retirement spent in luxury. Maybe some day your grandkids can clean my toilets when I'm slumming in your neighborhood in my golden years.

**Legion** · 06-11-2019, 07:12 AM

**Legion** · 06-11-2019, 07:12 AM

**RB 60** · 06-11-2019, 07:13 AM

Originally Posted by Oneuli

I've never lived in a gated community. They're not really a thing in my part of the country. They're more common in areas where conservative neglect has transformed poor communities into a hellscape, such that people with means spend their money trying to wall themselves off from the problems, rather than fixing them.

It sure sounds like your type. We conservatives value freedom, you won't find many there. And we, out here in rural America, don't create the problems that need fixing like the cities do.