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Fuck. 35 y/o buddy is buying a $6.5M home

God damn I should have gone into Finance
Motley very tactful alpha
  02/21/18
fwiw, outside a few areas you're not getting much more utili...
demanding bronze institution preventive strike
  02/21/18
fwiw, op is jjc
diverse citrine state
  02/21/18
whoops!
demanding bronze institution preventive strike
  02/21/18
...
trip azn hairy legs
  02/21/18
...
mint adventurous factory reset button
  02/21/18
...
Cerise charismatic home
  02/22/18
in that case this "buddy" is probably someone whos...
grizzly fantasy-prone dingle berry
  02/22/18
...
Plum area
  03/09/18
Me too. Why didnt you?
talented black nursing home
  02/21/18
what a waste of an emba
Spruce Cuckoldry Meetinghouse
  02/21/18
Is he about to be house poor?
dun rehab electric furnace
  02/21/18
Unsure but he seems somewhat conservative. Also top ugrad an...
Motley very tactful alpha
  02/21/18
wow this really is brady sup bro
Aromatic Gunner
  02/21/18
...
Excitant hissy fit
  02/21/18
yes, conservative and $6m houses are common combinations for...
Bossy office
  03/09/18
it really depends on net worth. with a $15M+ net worth, a $...
Motley very tactful alpha
  03/09/18
I have a buddy with massive family wealth and a super succes...
Deranged coffee pot
  02/21/18
I wonder if their parents are giving them money. I'm so jeal...
Motley very tactful alpha
  02/22/18
this is literally the only way millennials on the coasts can...
razzle chocolate center friendly grandma
  02/22/18
It this guy is in finance. And it's 6.5 m !!!!!
Motley very tactful alpha
  02/22/18
My parents have a 6,300 sq/ft house and my house is 3,400 sq...
pearl forum idiot
  02/22/18
House isn't necessarily bigger but in the most prime / in de...
Motley very tactful alpha
  02/22/18
you can buy into pretty much every single suburb of nyc with...
Aromatic Gunner
  03/09/18
100% CR I live in ARE COUNTRY, married, no kids, two smal...
supple piazza
  03/09/18
what's his name?
passionate white lettuce pisswyrm
  03/09/18
2100 sq feet is just the right size for a family of 3 or 4 I...
razzle chocolate center friendly grandma
  03/09/18
I'm still so jelly.
Motley very tactful alpha
  03/09/18
How big is his... Oh, nm
maroon provocative halford
  03/09/18
(lives in a crackhouse)
Gold point tank
  03/09/18


Poast new message in this thread



Reply Favorite

Date: February 21st, 2018 5:10 PM
Author: Motley very tactful alpha

God damn I should have gone into Finance

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454846)



Reply Favorite

Date: February 21st, 2018 5:13 PM
Author: demanding bronze institution preventive strike

fwiw, outside a few areas you're not getting much more utility from a $6.5M home than a $2.5M home

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454872)



Reply Favorite

Date: February 21st, 2018 5:13 PM
Author: diverse citrine state

fwiw, op is jjc

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454876)



Reply Favorite

Date: February 21st, 2018 5:23 PM
Author: demanding bronze institution preventive strike

whoops!

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454954)



Reply Favorite

Date: February 21st, 2018 5:27 PM
Author: trip azn hairy legs



(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454983)



Reply Favorite

Date: February 21st, 2018 6:56 PM
Author: mint adventurous factory reset button



(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35455567)



Reply Favorite

Date: February 22nd, 2018 3:04 PM
Author: Cerise charismatic home



(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35462288)



Reply Favorite

Date: February 22nd, 2018 3:08 PM
Author: grizzly fantasy-prone dingle berry

in that case this "buddy" is probably someone whose RinkedIn profile he's jacked it to, but he's never actually met. Or like his HBS "friend," purely fictional.

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35462316)



Reply Favorite

Date: March 9th, 2018 8:04 PM
Author: Plum area



(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35572781)



Reply Favorite

Date: February 21st, 2018 5:14 PM
Author: talented black nursing home

Me too. Why didnt you?

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454879)



Reply Favorite

Date: February 21st, 2018 5:25 PM
Author: Spruce Cuckoldry Meetinghouse

what a waste of an emba

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454972)



Reply Favorite

Date: February 21st, 2018 5:26 PM
Author: dun rehab electric furnace

Is he about to be house poor?

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35454977)



Reply Favorite

Date: February 21st, 2018 5:43 PM
Author: Motley very tactful alpha

Unsure but he seems somewhat conservative. Also top ugrad and MBA and been doing finance for a number of years. He must have $13+ M net worth.

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35455150)



Reply Favorite

Date: February 21st, 2018 6:55 PM
Author: Aromatic Gunner

wow this really is brady

sup bro

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35455559)



Reply Favorite

Date: February 21st, 2018 6:57 PM
Author: Excitant hissy fit



(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35455571)



Reply Favorite

Date: March 9th, 2018 7:57 PM
Author: Bossy office

yes, conservative and $6m houses are common combinations for 35 year olds

conservative 35 year olds love paying $150,000 per year in real estate taxes

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35572714)



Reply Favorite

Date: March 9th, 2018 8:05 PM
Author: Motley very tactful alpha

it really depends on net worth. with a $15M+ net worth, a $6M forever home isnt that big of a deal.

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35572792)



Reply Favorite

Date: February 21st, 2018 5:40 PM
Author: Deranged coffee pot

I have a buddy with massive family wealth and a super successful family business who recently bought a $4.5mm house. It's huge but no shit probably more than 1/2 of the interior space is bedrooms.

Oh well.

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35455112)



Reply Favorite

Date: February 22nd, 2018 2:50 PM
Author: Motley very tactful alpha

I wonder if their parents are giving them money. I'm so jealous

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35462167)



Reply Favorite

Date: February 22nd, 2018 2:50 PM
Author: razzle chocolate center friendly grandma

this is literally the only way millennials on the coasts can afford to buy houses

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35462169)



Reply Favorite

Date: February 22nd, 2018 3:03 PM
Author: Motley very tactful alpha

It this guy is in finance. And it's 6.5 m !!!!!

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35462279)



Reply Favorite

Date: February 22nd, 2018 3:11 PM
Author: pearl forum idiot

My parents have a 6,300 sq/ft house and my house is 3,400 sq/ft. I've lived in both. There is no appreciable difference once you have a certain amount of room. If both homes are equally nice, the happiness difference is non-existent once you get over the first few months of excitement having a huge house. I have enough bedrooms for my kids, my office, my pool table, my backyard, and my game room.

Having an extra 3k sq/ft or more would make zero difference. Plus the cost of heating and maintaining that space would be tremendous. I almost bought a 5,000 sq/ft house in my neighborhood until I relized I didn't need the extra room, and my heating, cooling, and gardening costs would be double.

He would have been better spending 2 mil and investing 4.5 mil into passive income.

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35462331)



Reply Favorite

Date: February 22nd, 2018 3:12 PM
Author: Motley very tactful alpha

House isn't necessarily bigger but in the most prime / in demand area. Arguably the ROI is higher because there will always be a huge demand for the most prime areas.

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35462348)



Reply Favorite

Date: March 9th, 2018 10:48 PM
Author: Aromatic Gunner

you can buy into pretty much every single suburb of nyc with 3 million or so. where is this make believe house?

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35573639)



Reply Favorite

Date: March 9th, 2018 7:47 PM
Author: supple piazza

100% CR

I live in ARE COUNTRY, married, no kids, two small dogs. Copped a 2100 sqft house walking distance to bars and restaurants. I struggled to use all the space I have now, and entertain people every week to justify it. My next house will be smaller and more modern.

Tl;dr: don’t buy for your neighbors, buy for yourself.

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35572627)



Reply Favorite

Date: March 9th, 2018 8:00 PM
Author: passionate white lettuce pisswyrm

what's his name?

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35572751)



Reply Favorite

Date: March 9th, 2018 10:50 PM
Author: razzle chocolate center friendly grandma

2100 sq feet is just the right size for a family of 3 or 4 IMO

for just 2 people, probably like 1400 sq feet

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35573650)



Reply Favorite

Date: March 9th, 2018 7:40 PM
Author: Motley very tactful alpha

I'm still so jelly.

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35572579)



Reply Favorite

Date: March 9th, 2018 8:02 PM
Author: maroon provocative halford

How big is his...

Oh, nm

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35572763)



Reply Favorite

Date: March 9th, 2018 10:38 PM
Author: Gold point tank

(lives in a crackhouse)

(http://www.autoadmit.com/thread.php?thread_id=3899747&forum_id=2#35573579)