I’m basically being forced to move away from utah because it’s too expensive to

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Mar 29, 2023
5:25:56pm

Grock All-American

live here. I don’t want to go but I can’t see a way out.

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Grock

Previous username: RickyBaker...AahAah
Bio page: Grock
Joined: Jul 23, 2005
Last login: Apr 16, 2024
Total posts: 3,646 (104 FO)

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Messages

Author

Time

I’m not being judgmental….

Bluedomination

3/29/23 5:16pm

Yes.

Division Bell

3/29/23 5:17pm

<< Deleted >>

Buffalo

3/29/23 5:18pm

Are these folks saving anything fore retirement?

BYU Robert

3/29/23 5:27pm

<< Deleted >>

Buffalo

3/29/23 5:33pm

They say they are investing in their relationships that are > retirement

BYU'01

3/29/23 5:41pm

Everyone is locked into a house with a low interest rate. There is limited home inventory so homes are artificially high

Cougar-Duck

3/29/23 5:19pm

Wouldn't there be more bankruptcies, though?

BYU Robert

3/29/23 5:26pm

Probably yes. I'm guessing that people have burned through their COVID money buying dumb stuff and now face hardships.

Cougar-Duck

3/29/23 5:28pm

That seems plausible. Good point. Maybe a lot of HELOC money being used.

BYU Robert

3/30/23 3:17pm

This…and its crazy how many have little or no savings. I work with many people

JamDownSouth

3/29/23 5:29pm

Last place I worked at just over 60% participation in 401k program, unreal.

Spaniard

3/29/23 5:46pm

My former co-worker said she couldn't afford to participate. I told her she

Cougar Junkie

3/29/23 5:53pm

TNT has a question

TNT

3/29/23 6:29pm

Well, last I heard, she does live in Texas!

Cougar Junkie

3/29/23 6:36pm

just pure stupidity to not participate in company 401k. Instant 100% return.

qwerew

3/29/23 7:14pm

In 20 years they will be calling for a govt solution to their retirement crisis

BYU Robert

3/30/23 3:19pm

And, like the sun rising tomorrow, there will be some politician to take up

Cougar Junkie

3/30/23 4:59pm

I’m basically being forced to move away from utah because it’s too expensive to

Grock

3/29/23 5:25pm

do you not already have a home mortgage at affordable rate?

qwerew

3/29/23 7:15pm

No, I can’t afford a home. I don’t have a very good paying job or much prospects

Grock

3/30/23 6:07am

Unsolicited 2-cents: while it may not feel like it, you are still in the top-1%

BYU'01

3/30/23 7:53am

That’s true but I’m afraid to move away from everything I know and love

Grock

3/30/23 8:27am

That’s natural. Never been a better time to experiment. Technology, low-cost

BYU'01

3/30/23 8:33am

hang in there and do the best you can.

qwerew

3/30/23 9:29am

You can find some very cheap housing in parts of Kansas

BYU Robert

3/30/23 3:20pm

I sure can't figure out how so many people afford all this stuff, I just

Mitty

3/29/23 5:31pm

It sounds like people are also willing to pile on much more debt than you.

vagabonder

3/29/23 5:32pm

I don't know, I just think a simpler explanation is people make tons of money

Mitty

3/29/23 5:40pm

I think you're too hard on yourself. Even if you're as dumb as you say you are,

vagabonder

3/29/23 5:56pm

15 yr loans on recreational vehicles make things pretty affordable.

kccougar

3/29/23 6:06pm

how much do you make and I'll let you know for sure?

qwerew

3/29/23 7:16pm

Well I make about enough I can drive a 2002 Xterra and maintain it

Mitty

3/29/23 9:04pm

You are not alone in your situation and thinking.

BYU Robert

3/30/23 3:21pm

yep, the cost of things has gone bonkers. not easy situation

qwerew

3/30/23 3:55pm

you

qwerew

3/30/23 3:52pm

I go to states like CA, WA and NY and wonder how they afford to live.

Malathion

3/29/23 5:34pm

It’s not that people can’t afford to live there. 90% of people bought their

Scott_Tenorman

3/29/23 5:45pm

I live in Utah. The housing prices exploded. Yes, dumpy houses cost a lot now.

Benfica1

3/29/23 5:45pm

Yes, everyone here is stupid and poor, you shouldn’t move back or you’ll be too.

Junior Deputy

3/29/23 6:03pm

for my daughter to stay in Utah and get into a home we'll have to help.

qwerew

3/29/23 7:17pm

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