I've been in my current house for 14 years.

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Jul 18, 2021
8:26:31pm

Belboz Truly Addicted User

The agreed upon price for this house back then is now about 133 percent of my annual household income.

This message has been modified

Originally posted on Jul 18, 2021 at 8:26:31pm

Message modified by Belboz on Jul 18, 2021 at 8:26:52pm

Message modified by Belboz on Jul 18, 2021 at 8:27:04pm

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Belboz

Bio page: Belboz
Joined: Jul 5, 2001
Last login: May 3, 2024
Total posts: 73,669 (13,043 FO)

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Messages

Author

Time

How do people afford a half ton pickup at $50k?

Revolution

7/18/21 7:40pm

Following

Choke

7/18/21 7:40pm

Debt. It’s amazing how much banks are willing to loan you Especially if you own

JohnnyC

7/18/21 7:41pm

7 year car loans these days

WDaddy

7/18/21 7:47pm

I've never gone into debt for a vehicle. It's all about financial discipline

Cougar Junkie

7/18/21 8:38pm

The most common car I see on the road is a 55-60k Ford F-150 XLT.

Adwight

7/18/21 7:41pm

Unless they've significantly jumped in the last year, actual sales price of most

Corn Pop

7/18/21 8:16pm

Stimulus cash

WDaddy

7/18/21 7:46pm

Some people got a 50k stimulus check?

WJCougar

7/18/21 7:50pm

No, they McQuained it.

WDaddy

7/18/21 7:50pm

What’s the back story on McQuain as a verb? What did he post to eat that?

Walt Longmire

7/18/21 8:14pm

Right now I can buy a Ford raptor with my child tax credit money and not bat an

Adwight

7/18/21 8:00pm

People make a lot of money

YIsForBrigham

7/18/21 7:50pm

If you bring in 20k/month is it really that bad?

Belboz

7/18/21 8:23pm

Right. Sure, a lot of people are in debt for their cars. But also a lot of people make a lot of money and can easily

YIsForBrigham

7/18/21 8:53pm

Isn’t the average income still like $35K?

Revolution

7/18/21 9:19pm

Kind of crazy that pickup trucks outsell passenger cars now.

YIsForBrigham

7/18/21 9:27pm

Yes, but think of the piece of the world you live in. Are you crossing paths with

Tokolosh

7/18/21 9:55pm

$35k/per year including people like teenagers? maybe.

Belboz

7/19/21 9:31am

This. 100% this.

Bad Plus Fan

7/18/21 9:25pm

$20k/month is still top 10% of households in 38 states including Utah

DiamondMo

7/18/21 9:52pm

and I bet a lot of them have expensive cars.

Belboz

7/19/21 9:33am

Unless they're in Utah. Then they fake it.

Lip Gallagher

7/18/21 8:59pm

Buy used (except not this year!).

diluigifan

7/18/21 7:50pm

Was just thinking the same thing. Went on a walk through the neighborhood.

boorad

7/18/21 8:03pm

And why park that $50k truck outside and not in the garage?

Ojiisan

7/18/21 8:10pm

Then no one would see it.

pinolero

7/18/21 8:12pm

Is it possible you underestimate the average incomes? Or timing of buying those $300k homes?

Tokolosh

7/18/21 8:18pm

I've been in my current house for 14 years.

Belboz

7/18/21 8:26pm

It’s possible but I also personally know many of the people who live there

boorad

7/18/21 9:22pm

not everyone sinks all their money into a house.

Belboz

7/19/21 9:36am

They can be a pretty sexy write off

JollyGreenGiant

7/18/21 8:10pm

RE: They can be a pretty sexy write off

fattycoug

7/18/21 9:50pm

Guy in front of me at Costco put $97 into his yesterday. I wonder everyday

DiamondMo

7/18/21 8:24pm

An amazing number of people have leas than 1% of their income in savings…

kotacoug

7/18/21 8:34pm

Lease, work write off, 6-7 year financing, etc

byu1

7/18/21 8:40pm

I see Raptors everywhere. It’s insane

byu1

7/18/21 8:41pm

RE: I see Raptors everywhere. It’s insane

BIG XII Coug

7/18/21 9:00pm

Wannabes

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