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

God damn I should have gone into Finance
milky abnormal stage
  02/21/18
fwiw, outside a few areas you're not getting much more utili...
Dark Shitlib
  02/21/18
fwiw, op is jjc
sepia yapping circlehead
  02/21/18
whoops!
Dark Shitlib
  02/21/18
...
Pale well-lubricated boiling water
  02/21/18
...
jet-lagged misunderstood hall
  02/21/18
...
up-to-no-good fuchsia garrison associate
  02/22/18
in that case this "buddy" is probably someone whos...
dead insecure university ape
  02/22/18
...
Lascivious school
  03/09/18
Me too. Why didnt you?
Aphrodisiac orchestra pit
  02/21/18
what a waste of an emba
zombie-like fluffy home
  02/21/18
Is he about to be house poor?
Bespoke love of her life
  02/21/18
Unsure but he seems somewhat conservative. Also top ugrad an...
milky abnormal stage
  02/21/18
wow this really is brady sup bro
Aromatic ceo box office
  02/21/18
...
vigorous people who are hurt office
  02/21/18
yes, conservative and $6m houses are common combinations for...
Geriatric concupiscible base fanboi
  03/09/18
it really depends on net worth. with a $15M+ net worth, a $...
milky abnormal stage
  03/09/18
I have a buddy with massive family wealth and a super succes...
olive den reading party
  02/21/18
I wonder if their parents are giving them money. I'm so jeal...
milky abnormal stage
  02/22/18
this is literally the only way millennials on the coasts can...
Topaz Lodge
  02/22/18
It this guy is in finance. And it's 6.5 m !!!!!
milky abnormal stage
  02/22/18
My parents have a 6,300 sq/ft house and my house is 3,400 sq...
honey-headed glittery azn
  02/22/18
House isn't necessarily bigger but in the most prime / in de...
milky abnormal stage
  02/22/18
you can buy into pretty much every single suburb of nyc with...
Aromatic ceo box office
  03/09/18
100% CR I live in ARE COUNTRY, married, no kids, two smal...
magenta corner
  03/09/18
what's his name?
bat shit crazy windowlicker chad
  03/09/18
2100 sq feet is just the right size for a family of 3 or 4 I...
Topaz Lodge
  03/09/18
I'm still so jelly.
milky abnormal stage
  03/09/18
How big is his... Oh, nm
Floppy red institution
  03/09/18
(lives in a crackhouse)
fantasy-prone buff liquid oxygen
  03/09/18


Poast new message in this thread



Reply Favorite

Date: February 21st, 2018 5:10 PM
Author: milky abnormal stage

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: Dark Shitlib

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: sepia yapping circlehead

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: Dark Shitlib

whoops!

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



Reply Favorite

Date: February 21st, 2018 5:27 PM
Author: Pale well-lubricated boiling water



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



Reply Favorite

Date: February 21st, 2018 6:56 PM
Author: jet-lagged misunderstood hall



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



Reply Favorite

Date: February 22nd, 2018 3:04 PM
Author: up-to-no-good fuchsia garrison associate



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



Reply Favorite

Date: February 22nd, 2018 3:08 PM
Author: dead insecure university ape

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: Lascivious school



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



Reply Favorite

Date: February 21st, 2018 5:14 PM
Author: Aphrodisiac orchestra pit

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: zombie-like fluffy home

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: Bespoke love of her life

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: milky abnormal stage

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 ceo box office

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: vigorous people who are hurt office



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



Reply Favorite

Date: March 9th, 2018 7:57 PM
Author: Geriatric concupiscible base fanboi

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: milky abnormal stage

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: olive den reading party

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: milky abnormal stage

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: Topaz Lodge

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: milky abnormal stage

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: honey-headed glittery azn

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: milky abnormal stage

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 ceo box office

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: magenta corner

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: bat shit crazy windowlicker chad

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: Topaz Lodge

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: milky abnormal stage

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: Floppy red institution

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: fantasy-prone buff liquid oxygen

(lives in a crackhouse)

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