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[–] registerthis 0 points 1 point (+1|-0) ago 

That's because most auto loans are paid off in 5 years. Most house mortgages are paid off in 20-30 years.

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[–] SocratesOP 0 points 1 point (+1|-0) ago  (edited ago)

Fuck, I live in a sub 200k house am I considered poor now?? Someone call the IRS and have them move me down a couple tax brackets

[–] [deleted] 0 points 1 point (+1|-0) ago  (edited ago)

[Deleted]

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[–] hypercat 0 points 1 point (+1|-0) ago 

Where in California?! Lassen County?

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[–] idk 0 points 2 points (+2|-0) ago 

You can buy a house in ca for 200k?

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[–] syntaxaxe ago 

Depends on where you are. If you live in NYC or Seattle, a $200,000 house is basically a shed in the ghetto.

If you're in the most naturally beautiful places in Idaho or Montana, a $200,000 house is amazing.

And, of course, that's just in the US.

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[–] dontdoxxmebro 0 points 3 points (+3|-0) ago 

I do not own a house, and I paid cash for my used car. I don't care how I seem, I care how financially solvent I am. Most people are abhorrent with money. I am not.

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[–] Thegreatstoneddragon ago 

Or you could live like a king in a $200,000 RV.

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[–] BezM8_5o ago 

200,000K house in my neck of the woods makes you nearly homeless, you probably won't have a working roof. Even the crappy condo style attached houses that you see in condo complexes are closer to 300,000. Just remember kids, it's not the house you're buying anyway, it's the dirt below it. Shop smart.

[–] [deleted] 0 points 1 point (+1|-0) ago 

[Deleted]

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[–] 10124240? 0 points 1 point (+1|-0) ago 

If it is a $200K RV then you are doing better than most.

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