3 ms·

"and most people lack the talent or opportunity to make that amount of money (300k+, for a family) through decent means" Effing Norah, that would get you a sma

"and most people lack the talent or opportunity to make that amount of money (300k+, for a family) through decent means" Effing Norah, that would get you a small stately home in the North of the UK. I'm talking 15 bedrooms and a small park. You could buy a normal family house for a year's rent at that level almost anywhere outside London or Edinburgh Second decade, 21st century and location still matters so much? What did we do wrong?

peacemaker 14y ago
You most certainly could live in a mansion up north in the UK for that sort of money. Good luck finding anyone willing to pay anything close to that though! I think it's common goal for people to try and make their millions in such a place as SF so they can leave the area and live like kings elsewhere. This is fairly obvious just looking at the rents here, and in places that have the perception of creating more millionaires (usually through business) than others. You know the mindset: live rough and work hard for 5 years to earn what most people take a lifetime to earn. Personally, I think that is possible in many places around the world, certainly places that will have a nicer standard of living, however you wish to measure that.
- michaelochurch 14y ago
  You know the mindset: live rough and work hard for 5 years to earn what most people take a lifetime to earn. The percentage of people who get that is small, and it's mostly noise, not talent. I'd be happy to have boring old 7-8% per year growth in exchange for autonomy and interesting work. Once you reach a certain point of development, your DFA light (DFA = Done Fucking Around) comes on and you're no longer happy if you don't call the shots regarding how you spend your time. The appeal of the idiocy it takes to reach $5m per year disappears after that.
  - peacemaker 14y ago
    You've described what's happened with me recently. My DFA light is flashing and it's time to get out of the rat race and control my own time. That's worth far more than the tiny chance at the jackpot. I do, however, still hold onto the romantic notion that if you find a way to earn a living while doing what you love, the chances of hitting that jackpot are significantly higher.

peacemaker 14y ago

You most certainly could live in a mansion up north in the UK for that sort of money. Good luck finding anyone willing to pay anything close to that though! I think it's common goal for people to try and make their millions in such a place as SF so they can leave the area and live like kings elsewhere. This is fairly obvious just looking at the rents here, and in places that have the perception of creating more millionaires (usually through business) than others. You know the mindset: live rough and work hard for 5 years to earn what most people take a lifetime to earn. Personally, I think that is possible in many places around the world, certainly places that will have a nicer standard of living, however you wish to measure that.

michaelochurch 14y ago
You know the mindset: live rough and work hard for 5 years to earn what most people take a lifetime to earn. The percentage of people who get that is small, and it's mostly noise, not talent. I'd be happy to have boring old 7-8% per year growth in exchange for autonomy and interesting work. Once you reach a certain point of development, your DFA light (DFA = Done Fucking Around) comes on and you're no longer happy if you don't call the shots regarding how you spend your time. The appeal of the idiocy it takes to reach $5m per year disappears after that.
- peacemaker 14y ago
  You've described what's happened with me recently. My DFA light is flashing and it's time to get out of the rat race and control my own time. That's worth far more than the tiny chance at the jackpot. I do, however, still hold onto the romantic notion that if you find a way to earn a living while doing what you love, the chances of hitting that jackpot are significantly higher.