Originally Posted by stevieray (Post 17011397)

In some areas of my business, I still charge my rate from twenty years ago.

Why?

It's still enough to take care of my family.

Originally Posted by stevieray (Post 17010836)

Yes, they are overpriced. Know one of the reasons why?

What percentage of homes being built are starter homes for young couples.? Next to nothing.

A buddy of mine was the Super on building a subdivision South of the city, for a company owned by Blackrock. They aren't for sale, they're for rent...at $2500 a pop.


Land doesn't go up in value, but greed does.

Originally Posted by LoneWolf (Post 17011487)

Yeah, I turned down my last raise and told the company to donate my performance bonus to charity because my family and I don't need the money. LMAO

Originally Posted by stevieray (Post 17011716)

I suggest you get over it. I determine what my wage is.




Besides, more like my hourly rate is high enough.

I love giving people going into business for themselves for the first time a good deal. Always have. Always will.

My FIL dragged me to a seminar early in my marriage. ugh.

Bob Brown was there.

He said if getting rich is all you want, you'll make money, but won't last.
If you want to last in business, give people a great product at a fair price.

That stuck to my ribs. It's been 28 years this month. I have artwork in other states, my artwork hangs in people's homes, plus murals for major corporations. I've never spent a dime on advertising and have repeat clients. I haven't had to look for work for quite some time. I have nothing to prove to myself or to you.

In the end, being happy is all that matters.

You do it your way, and I'll do it mine.

Originally Posted by bdj23 (Post 17012172)

My county is pulling this bullshit too.

Ok since my home is valued so high, can i remove the PMI from my loan?

Bank - haha no we only value your home at x amount of dollars, too low. But we can reappraise it for $500! I'm getting ****ed on both ends of this scam

Originally Posted by Bugeater (Post 17012178)

Oh yeah, your insurance rates go up as well, just in case it hasn't been mentioned yet

Originally Posted by bdj23 (Post 17012180)

This country is a giant scam to screw the middle class out of their hard earned money.

Originally Posted by Bearcat (Post 17012166)

Seems like this is apples & oranges.

The vast majority of people are working for retirement, and a good portion of those are working to pay for their kids.

Most people don't want to be in IT or managing people or whatever until they're 90... they want all the raises and all the money so they can get out of that shit and do stuff like, uh, learn to be an artist.

I could be totally wrong, but I'd imagine the closer you are to monetizing a true passion, the less concerned you are with a date and time to stop doing that thing... so, assuming they're focused on maximizing profits at all costs is probably off base by a fair amount. :shrug:

Originally Posted by DaFace (Post 17012183)

It's a tough problem. People who own homes gripe about taxes and insurance, but (at least in theory), those are driven by your wealth increasing from equity in your house. Again, in theory, all you have to do is sell your place, and you'd be WAY ahead of where you would have been had you never bought at all (even accounting for all the taxes and insurance).

Meanwhile, younger generations can't afford to buy homes at all because the prices have increased so much, so they aren't building wealth at all.

Overall, you're far better off owning than renting in times of rapid appreciation of real estate, but you have to be willing to sell to take advantage of it.

Originally Posted by LoneWolf (Post 17012185)

I seriously don’t care what Stevie charges his customers and I’m happy he has an occupation that he is passionate about and provides for his family. My comments were due to Stevie’s contention that land/real estate is overvalued because homes that cost 80k to build 20-30 years ago are now selling for 300k. I’m sure he has many talents and has always seemed like a genuinely good person, but understanding economics and how supply and demand works is not his strong suit.

Originally Posted by LoneWolf (Post 17012187)

Younger generations can afford to buy homes, but for the most part they are unwilling to sacrifice to go it. They would never stoop so low as to not live in the same type of house their parents live in or they can’t fathom buying a fixer upper and putting sweat equity into it. They’d rather rent so they don’t have the responsibility to take care of anything and then bitch that the system is ****ing them over.

Originally Posted by DaFace (Post 17012183)

It's a tough problem. People who own homes gripe about taxes and insurance, but (at least in theory), those are driven by your wealth increasing from equity in your house. Again, in theory, all you have to do is sell your place, and you'd be WAY ahead of where you would have been had you never bought at all (even accounting for all the taxes and insurance).

Meanwhile, younger generations can't afford to buy homes at all because the prices have increased so much, so they aren't building wealth at all.

Overall, you're far better off owning than renting in times of rapid appreciation of real estate, but you have to be willing to sell to take advantage of it.

Originally Posted by LoneWolf (Post 17012187)

Younger generations can afford to buy homes, but for the most part they are unwilling to sacrifice to go it. They would never stoop so low as to not live in the same type of house their parents live in or they can’t fathom buying a fixer upper and putting sweat equity into it. They’d rather rent so they don’t have the responsibility to take care of anything and then bitch that the system is ****ing them over.