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With 3.5M house just taxes, utilities and maintenance cost will ruin your remaining 7.5.
by vl 2y ago
With 3.5M house just taxes, utilities and maintenance cost will ruin your remaining 7.5.
- mindslight 2y agoThe neat part is that for a 3.5M house in the Bay area, the only maintenance required is changing the rain fly every year and the ground pad every couple.
- saagarjha 2y agoAnd who is going to fix your shower when it leaks, and install solar panels, or redo your kitchen because your parents are living with you now and can't bear to leave their traditional cooking behind?
- mindslight 2y agoA whole new shower is less than $200 at REI, and solar generators ship directly to your house. (And on a serious note - if your parents are both still alive and moving in with you while they have hobbies and self-actualization, you're way ahead of the game)
- saagarjha 2y agoAnd labor is free, right?
- mindslight 2y agoI mean, you can pay someone to hold the sprayer up for you if you want. That is probably nicer when you've got soap in your hair.
- wil421 2y agoBuy a house on a private beach in Florida and rent it out for $25k a week during the hottest months.
- myroon5 2y agoNYC and SF both appear to have ~1% property tax rates Utilities are an order of magnitude less than being taxed ~$35k/yr and hardly worth worrying about while discussing eight figures Maintenance can vary, but all 3 costs you mentioned combined would be 2 orders of magnitude lower annually than that net worth, which seems easily sustainable?