https://www.youtube.com/watch?v=hKLL5W4a4kY
600k house to live right next to compton.
Gardena??? Mijo, isn’t that where your wedding reception is gonna be and where Bitcoin’s parents’ - ahem - adult entertainment store are???
Haha nah my wedding reception is in Glendale. It’s next to Burbank and Pasadena. Very bougey.
But my friends banquet hall and one of his porn shops is in Gardena. Anyways the reason we didn’t get his banquet hall is because it was ghetto af. The price was literally half off what I am paying now and we still didn’t get it.
anyways it costs 600k to live next to the ghetto. It costs 450k to live at the ghetto. Pretty funny eh?
comparative rent for his place is prolly 2.3K. But they did a 70k down with a 3.2k per month all in comparative cost with their 600k purchase. (Tax and maintenance included)
$3,500.00 a MONTH for only $540K?!?!?! At 30 years that’s 6.7%!!! Surely they have one or two rich asian parents that could have co-signed that to push the interest rate lower.
They added stuff that would be in rent too like utilities. Mortgage will be 2700. Tax will be 500. Maintenance will be 100. It’ll be roughly 3200
I think the biggest surprise to me since getting into data science was how little software people actually make for how hyped and in demand they make the field sound.
Keep rationalizing renting…
i bought a townhouse in 2012. the problem is its in the oc and 3 hrs of daily commute to century city. so i rent it out, and rent closer to work. i can actually buy a 500k house again but i would be forced to buy it in the ghetto. and i rather not.
unless we hit some kind of rampant wage inflation. real estate at these prices is a bad purchase. i am willing to bet that a lot of boomers are going to get laid off in next recession. and they will be forced to sell their homes and bring balance to housing supply and demand.
actually kind of interesting. if you look at oc real estate. they did not appreciate much when compared to the ghetto areas of los angeles. quite funny really. personally i would never purchase in an area with bad school districts. it just seems so pointless.
Wait until you start applying to exclusive Pre-K to get your little one on the track to non-hacksaw schools and world domination!
hah i dont think pre-k adds value. all you need is an ipad and youtube.
Yeah, not getting into Eton or Harrow with an iPad. As usual, it’s all about the network.
I don’t think anything before high school matters. It’s really just prepping you to have good habits.
It depends. Boston Latin primary admission is 7th grade and the tier one high schools like Deerfield aren’t taking middle of the packs from dump schools. You can buy into a high end public school, but keep in mind “nice” 4BR there in my experience runs $1.5M (double for NYC/CA) and property taxes are substantial.
It’ll matter real quick when you realize you’re raising a dumbass.
The thing is that the distribution of software people’s salaries is highly skewed. A very good guy can easily do the job of 50 mediocre coders. We mostly hear of these outliers while the majority of the people working in software pull in pretty average salaries.
actually in ca there are places where prices are 400k to 500k. with top tier public schools. look up temecula, or laguna niguel.
I guess top tier means different things to different folks. I realize not every school will be Lexington (it is admittedly wild that their AVERAGE SAT score is 94th percentile), but it also says something about CA education when a top quartile school has 43% proficiency in math. Keep in mind that MA is ranked first in the country for public schools (US News) with CA at 21st, so there are relative variances there as well.
https://www.niche.com/k12/temecula-valley-high-school-temecula-ca/
Temecula Valley High School is a highly rated, public school located in Temecula, CA. It has 2,707 students in grades 9-12 with a student-teacher ratio of 25 to 1. According to state test scores, 43% of students are at least proficient in math and 77% in reading.
Average SAT: 1130, public school rank in state: 447/1816
-------------------------------------------
Now take an actual good school like Lexington, MA.
https://www.niche.com/k12/lexington-high-school-lexington-ma/
Lexington High School is a top rated, public school located in Lexington, MA. It has 2,185 students in grades 9-12 with a student-teacher ratio of 13 to 1. According to state test scores, 98% of students are at least proficient in math and 99% in reading.
Average SAT: 1370, public school rank in state: 2/347
“According to The Crimson, one out of every 20 Harvard freshman attended one of only seven high schools: Boston Latin, Phillips Academy’s Andover and Phillips Exeter, Stuyvesant High School in New York, Noble and Greenough School in Massachusetts, Trinity School in New York and Lexington High School in Massachusetts.”
I’m headed back out to my friends spot in Temecula Jan 4. If we hit HB again you should come grab a beer with us.
And then we can obvi go get matching AnalystForum tattoos
This actually their best high school in temecula
https://www.niche.com/k12/great-oak-high-school-temecula-ca/
If you score less than 700 in math or english you should retake it. The goal is to be in the top 10 percent!
https://www.niche.com/k12/henry-m-gunn-high-school-palo-alto-ca/
now this is a great school. Guaranteed you can get into a top school.
Great Oaks has 54% proficiency in math based on standardized testing and an 1190 average SAT and 26:1 student teacher ratio. Nothing really changed vs the other one I cited. Compare those weak numbers to a school like Lexington. Henry Gunn better (#1 public HS in the #21 state), but even then 72% proficiency in math and 82% in reading are not stellar numbers. SAT is nice though, but hard to reconcile with the rest, which is subpar.
Unfortunately if you do a real estate search for a max of $500K in Henry M Gunn district you get exactly zero results. In which case, see my first post. Always great when they make your point for you, tank.