/v/Showerthoughts is a subverse for you to share all those thoughts, ideas, or philosophical questions that race through your head while in the shower.
"Showerthought" is a loose term that applies to any thought you might have while carrying out a routine task like showering, driving, or daydreaming.
Please be respectful of others' submissions. If you disagree, explain why in the comments. Downvoats are reserved for submissions you don't like or comments that do not add to the discussion, not opinions with which you disagree.
RULES
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Please refrain from shower "observations;" we've heard them all before
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Ideas for Voat features should be posted in /v/ideasforvoat, even if you think of them while in the shower
The spirit of this subverse's rules is to foster a community where dissent, free thought, and open discussion are tolerated, limited only to trolling, excessive abuse, site-breaking rules, or content that is better suited for another subverse. All moderation activity should operate within this spirit.
Moderation oversight: Deleted posts, Deleted comments, Banned users
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[–] hey_girls_pm_me_toes 0 points 30 points 30 points (+30|-0) ago
200k house is a pretty nice house in most places
[–] 10123411? 0 points 7 points 7 points (+7|-0) ago
Where I live it gets you a small townhouse. 45 miles outside Atlanta it gets you a 4000 Sq ft luxury house, in Fairfax it gets you a dump of an apartment.
[–] hey_girls_pm_me_toes 0 points 3 points 3 points (+3|-0) ago
I live 45 mins nw of Atl and have a 3000sq ft house. If i lived in Atl i might get a 1 room condo
[–] [deleted] ago
[–] totes_magotes 0 points 6 points 6 points (+6|-0) ago (edited ago)
Pretty much. I just bought a house and it's really fuckin' nice for being just less than $200,000. Better than most people's houses I know and given the age and care that's gone into it, it compares to larger houses worth far more. Built in 1940, the construction is unmatched today.
[–] a_random_sith ago
The flooring on the older houses is so much better than houses build within the last 20-30 years.
[–] CRKT_M16Z 0 points 3 points 3 points (+3|-0) ago
Most places?
Without revealing where I live, I'll just say that $200k might get you an okay home in a somewhat shady neighborhood, if you're lucky. If you want nice in a good neighborhood, you're looking at prices starting around $300k.
[–] SonOfRobin 0 points 3 points 3 points (+3|-0) ago
I concur and I'll state I live in Colorado. If it's a major city in Colorado with 10 miles then 300K+
The reason? All the Californians need to go back.
[–] hey_girls_pm_me_toes 0 points 1 point 1 point (+1|-0) ago
Well most places in my state
[–] a_random_sith ago
Where I'm at, that can get you a nice 2 story in a nice area or a townhouse in a newer development.
[–] obvious_throwaway1 1 point 4 points 5 points (+5|-1) ago
Because the car is an ever-depreciating asset and the house at the very minimum holds it's value.
You rent both either way in the end, even if you "own" the house.
[–] hey_girls_pm_me_toes 0 points 1 point 1 point (+1|-0) ago
no. You can make a profit by selling your house
[–] obvious_throwaway1 0 points 5 points 5 points (+5|-0) ago (edited ago)
Generally speaking, in the typical case you need to spend money to renovate/modernize/maintain the house, and the traditional 30-year mortgage is mostly principle until the 10th year. Since the average home owner sells their house within 7 years of ownership, this means it's a minority that actually does end up making money selling their house.
Cost + appreciation - renovations/repairs/maintenance - sale price = net loss for most people.
[–] 10124448? ago
if you're lucky. unless you put in serious sweat equity you might not even break even after considering inflation and transaction costs, especially if you move after less than 10 years or so
[–] Sosacms ago
If you pay in cash.
[–] hypercat ago
The house depreciates in other ways. Needs new roof, floors, gardening, property tax, new windows, remodel, update, etc. and you never know when the market will tank and you lose 30% of the value you paid for. Like when 2008 happened and 500k houses went down to 300k or less value almost overnight.
[–] dontdoxxmebro 0 points 3 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.
[–] registerthis 0 points 1 point 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.
[–] SocratesOP 0 points 1 point 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 point (+1|-0) ago (edited ago)
[–] idk 0 points 2 points 2 points (+2|-0) ago
You can buy a house in ca for 200k?
[–] hypercat 0 points 1 point 1 point (+1|-0) ago
Where in California?! Lassen County?
[–] [deleted] 0 points 1 point 1 point (+1|-0) ago
[–] 10124240? 0 points 1 point 1 point (+1|-0) ago
If it is a $200K RV then you are doing better than most.
[–] pushthis 0 points 1 point 1 point (+1|-0) ago
Disagree