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Million Dollar Shack : Trapped inside Silicon Valley's housing bubble

HappyHighwayman said:
If rents keep going up my lodger will be paying slightly more than I do to live in my house.

He's too awesome to raise his rent more than like 2% a year, but if he leaves I'd jack it up for the next person.
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As a landlord, I don't raise rents unless my situation changes. Only reason I would foresee raising rents is if my taxes went up significantly.

Finding a roommate I am compatible living with is well worth the lack of revenue.

Since you're on the up and up... you are paying taxes on the "rent" he gives you since it is considered income, right? :laughing
 
Yakoo752 said:
As a landlord, I don't raise rents unless my situation changes. Only reason I would foresee raising rents is if my taxes went up significantly.

Finding a roommate I am compatible living with is well worth the lack of revenue.

Since you're on the up and up... you are paying taxes on the "rent" he gives you since it is considered income, right? :laughing
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Well, he's been here a year, and inflation went up, so I raised his rent 2%. Expenses always go up, however my taxes did go up a few hundred dollars, so I'm sharing the pain :) I charge him a flat rate for everything (no 'shared' utilities) and provide him a ceramic heater to supplement the central heat which I use sparingly.

But you're right, he's worth more as a good roommate than a few extra bucks.

Believe it or not, yes, I do report every penny of income...it's not worth lying for a few hundred dollar savings, and I am not a citizen.
 
HappyHighwayman said:
Believe it or not, yes, I do report every penny of income...it's not worth lying for a few hundred dollar savings, and I am not a citizen.
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I was actually pretty sure you were reporting because of your citizenship ;) :thumbup

I also report because of my tax situation, way to risky to not.
 
HappyHighwayman said:
If rents keep going up my lodger will be paying slightly more than I do to live in my house.

He's too awesome to raise his rent more than like 2% a year, but if he leaves I'd jack it up for the next person.
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Jack-Nod.gif


unirr said:
The two aren't separable if you understand exactly how this all functions. A bubble isn't created out of thin air.. It takes tons of people constructing it and inflating it.. Some are ignorant of what they're doing.. others are fully knowledgeable .. They're all participants looking for a piece of the pie... The big picture is that the foot soldiers make the least, take the most risk, suffer the most..Yet are necessary to enable the process... The suits don't like getting their hands dirty.
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Set the conditions and people fall into their roles... :Popcorn
 
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I make a lot less money than most people who own homes so I don't feel bad supplementing my lifestyle with the money of others in exchange for the service of them living in SF...

Plus my place is awesome. Well built, well insulated, painted, modern, etc.
 
HappyHighwayman said:
I make a lot less money than most people who own homes so I don't feel bad supplementing my lifestyle with the money of others in exchange for the service of them living in SF...

Plus my place is awesome. Well built, well insulated, painted, modern, etc.
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RrfY1.gif


The people who rigged the game you're playing feel the same way too ...
 
I can play the game or I can quit. I'm not rich enough to say "Screw you". right now the game is working for me. I can't control the laws and cultures of this country.

Honestly I don't feel the slightest regret for anything I've done here, I'm not the problem, I'm just a symptom.
 
HappyHighwayman said:
.................Believe it or not, yes, I do report every penny of income...it's not worth lying for a few hundred dollar savings, ..........
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+1

Less shit to remember :thumbup
 
HappyHighwayman said:
I can play the game or I can quit. I'm not rich enough to say "Screw you". right now the game is working for me. I can't control the laws and cultures of this country.


Honestly I don't feel the slightest regret for anything I've done here, I'm not the problem, I'm just a symptom.
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giphy-facebook_s.jpg

My dear child..
 
Unirr, what do you invest in?
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unirr said:
I invest in .gifs and images my good son, the ROR (Return On Response) is directly correlated to the Kitchen Sinks printing of trillions of home value threads. I'm long the Mod intervention game, even with bans they can't control the clusterfuck of shitty posts.
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:twofinger
 
MikeL said:
:twofinger
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If I was long smart ass remarks made by people who are at their wits end, I'd be far more ahead ..

Though, to answer your question: I trade volatility and S&P options contracts... an interesting place to be in a 'market'.

As for my gifs and commentary, I like gaining insights beyond my own as to where people's heads are at and how that connects with how they view the world. The little entertaining effort I put in is well worth the feedback and understanding I gain.
 
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