I bet the lazy fucker likes to go on vacation with his kids from time to time. Imagine complaining not to be able to afford a house while basking at the beach every summer.
TubularTittyFrog 6 points 7 days ago
my brother just took his family on week beach vacation, it cost them about $8,000. How much avocado toast is that?
if you dont' take beach vacations for 5 years, that's about 40K, which is enough for a down payment on a house.
Goodeye8 6 points 7 days ago
This has me torn. On the one hand 8k a year just to have a vacation sounds a lot. On the other hand, should we really be accepting concessions on our lives when we know the main reason we need to do monetary concessions is because the fruits of our labor get siphoned from us?
Maybe I'm just too poor to comprehend that 8k vacations should be the norm. Or maybe 8k is too much.
TubularTittyFrog -2 points 7 days ago
because you can't afford both. you have to choose your priorities. you can choose to vacation, or save for a home.
but we live in an economy where a lot of people are choose to vacation and then sit around being bitter they can't afford a home that they want when they spend all that money on something else.
oh, and further, they also don't support new construction because they think new construction is bad and drives prices up and if they can't have that new home nobody else should... which further restricts housing supply and drives up prices.
the point is humans are stupid and make bad choices, both short term, and long term, and they refuse to make better choices that would improve their lives because emotional gratification in the here and now is always more important to them.
FWIW, I grew up in a family who never took vacations but we were able to own a home, though it was rural and my dad commuted 3-4 hours a day to his job. If I point this out to people today, they basically lose their shit and say they'd rather never own a home if it meant they had to stop going on vacations multiple times per year, let alone live so far away from their job to find affordable housing.
TubularTittyFrog 4 points 7 days ago
housing market used to go down. back in ye olden days housing prices largely went up and down as part of the business cycle.
but it's not allowed to do that anymore. now we inflate everything and pretend the economy is growing because stocks are going up.
Beth 30 points 8 days ago
In the long run, yeah, it does save a lot of money to prepare your own meals and coffee, even now. But the people who yap like toast and coffee are the sole reason things are unaffordable truly suck and are completely detached from reality.
ChickenLadyLovesLife 8 points 8 days ago
Right, it's also the cost of tattoos.
WorldsDumbestMan 4 points 8 days ago
The productivity loss of not using those, would cost you more in the long-run.
ddplf 18 points 8 days ago
To be fair though, I'm living in a village and mostly cook for my family myself. I've been to Warsaw the other day and visited a small roardside store and a cafeteria.
For the price of a sandwich I could make an entire meal. For the price of what I bought in a cafeteria (a croissant, a jar of jam, small pack of cookies) I could feed my 2+1 family for a few days.
A small cup of coffee costs as much as a homemade dinner in itself either.
I'm not saying you shouldn't eat out. I'm saying these parasites are milking us dry.
TubularTittyFrog 6 points 8 days ago
the economics of all that are different depending on where you live.
some cities eating out not very expensive compared to the time and cost of preparing food at home.
other cities, it's wildly cheaper to eat at home than eat out.
also depends on the food in question, the quality, and the market. Where I live $5 is a cup of coffee at the nice cafe, but there is no way that's buying you a proper meal for dinner at home either, that is closer to $10, but that same meal at a restaurant will run you $50+ And meal box services are VERY popular due to the fact their volume purchasing lowers the per meal cost to around the same as making your own food.
further, some people just don't have the energy or time to grocery shop and cook every day, or don't think the opportunity cost is worth it. lots of folks who can't afford to eat out, economically speaking, still do because well they don't prioritize saving or budgeting.
In 1960 the minimum wage was $1.00/hour and the price of the average US home was $11,000.00
DagwoodIII 12 points 8 days ago
In 1960 the minimum wage was $1.00/hour and the price of the average US home was $11,000.00
WorldsDumbestMan 2 points 8 days ago
That's 11000 hours still...so, 40 years?
EDIT: Misscalculated a bit. 1+ year apparently.
SystemDisc 11 points 8 days ago
I see you, @WorldsDumbestMan@lemmy.today. Keep trying. You can do it
abysmalpoptart 5 points 7 days ago
Check his username
Tudsamfa 7 points 7 days ago
The government benefits here consider 200€ on groceries a month (<7€ a day) to be the absolute minimum they can give to ensure living in dignity. Now, I personally can take some cuts here and there (especially since they consider daily portions of meat essential) to save a few bucks, but even if you somehow get all your food out of dumpsters, you cannot save more than those 7€ from this.
That's not nothing, a lot of people would (and do) consider cutting back on food to save for other stuff. But it would take 50 years to save for a house, if real estate didn't outpace inflation. Cutting back on food can help if you live well above your means, but if you are barely surviving, it won't make you rich any time soon, just gives you money to spend on things to replace the enjoyment of an easy full belly.
exasperation 5 points 7 days ago
You're right that cutting food costs is hard for someone already spending near the minimum, but the post is about the difference from eating lunch and drinking coffee prepared and possibly delivered by others. In some cities, that's probably about $20/workday, or $100/workweek, for about $5000/year. If we throw in dinner, the cost difference might be another $20/day, not limited to workdays.
Being able to cook good meals at home is a life skill worth mastering, and pays off in both personal finances and in long term health and enjoyment. People should still want to be able to do this, regardless of financial status.
TubularTittyFrog 2 points 7 days ago
Most people don't want to audit themselves this way. It's too embarrassing and humiliating to realize how stupid you are with your money and that your struggles are entirely of your own making... better to just never look at blame other people for 'stealing' your money.
And what's dumber is your bank probably has tools in your credit/debt card account that does this shit for you automatically.
And the demo who whines the hardest about this is not the people who are legit poor, it's the upper middle class who think starbucks and sweet green is a daily necessity they can't live without, but yet somehow wonder why they can't seem to ever save enough for major purchases like cars and homes... and often they further use this 'despair' to justify further indulge in wasteful spending. Further, they tend to justify this absurdity by citing like luxury high end properties as the cost of a home, rather than properties that cost like 1/4 of those that they could easily buy, but they don't want to make the 'sacrifice' of having to not live in the most desirable/expensive areas of a HCOL area. Like, just because you can't afford a 2 million dollar apartment today, doesn't mean there aren't 500K ones 20-30minutes away from where you currently live that you could easily afford with a little fiscal discipline.
Instead of... stop the wasteful spending, keep the savings, invest it, and all the sudden in a few years you have way more money than you did before and owning a home seems far more approachable.
Also, talking back to people whining about their money problems... fastest way to end that relationship or friendship. Folks will just HATE you and call you an evil oppressive privileged person... rather than admit that maybe they have a spending problem.
Funkt4st1c 3 points 7 days ago
My weekly 2 person household necessities are something like $175 USD for home prepped meals, cleaning supplies, charging my car, and shower goods. If i cut back on stuff like conditioner and some vegetables or meats for processed stuff, i think i could save maybe $20 extra a week (until more price gouging/tarrifs/electricity increases due to data centers/whatever.)
The cheapest house on offer within 30 miles (48.2 km) of my job is $78,000 for 576 square feet (53.51215 square meters? Idk how europe measures floor area).
So if i struggle quite a bit, in 75 years, geriatric me and my geriatric wife can live in an extremely tiny house (assuming its still on offer and still costs 78,000, and if i invested that money the stock market didnt crash and and and and)
(Math: $78,000 / $20/week = 3,900 weeks. 3900/52 weeks in a year = 75 years. Im begging for a progressive world-policing power to invade us and force us to have free healthcare/tax the billionaires/slash the defense budget/tax those with multiple owned houses to subsidize housing)
TubularTittyFrog 1 point 7 days ago
What is your income?
Funkt4st1c 1 point 6 days ago
Less than it needs to be and feeling less every day. Single income household (due to disability) and well below median in my area
TubularTittyFrog 1 point 6 days ago
start streaming about it and monetize it
altphoto 3 points 6 days ago
My neighbor bought at $900,000. They eventually needed to move for work so they put the house up for sale at $1,500,000.00. A few months later to 1.3 million. Then weeks later $950,000. 4 days ago they switched it to for rent at $3,985 a month. Like dude, no matter what it's too much! 900k is too much and the rent is too much.
Is Abysmal on both ends. Plus now as a rental that house will be incurring damage. But that's how you end up owning two homes. You just can't sale the first one so you rent it out.
TubularTittyFrog 3 points 6 days ago
I mean, your neighbor could 'man up' and just take a fucking loss.
It would be better to get the 800k and invest it, then have it locked up in a home that's not appreciating or can't be rented.
but hey, it's 2026, nobody can ever take a loss on property values... the line must always go up and we'll be stubborn idiots rather than take a minor loss...
almost like people are emotional and stupid when it comes to money... instead of pragmatic and smart. But I'm sure your neighbor has convinced themselves they are super genius by not dropping the price to one that would actually sell...
TubularTittyFrog 2 points 6 days ago
The economists of it are clear. Every financial person would tell you sell the home, and invest the money.
But people are not rational or smart, they are emotional. Psych studies tell us we percieve the loss for $10 as far more painful than the gain of $100. So if you gamble, and win $100, but then lose $20 afterwards, you will focus on the loss and often try to over compensate and make stupider bets, and then come out with -$200. Gambling is stupid like that, but people are addicted to it because of the emotional roller coaster it creates.
altphoto 2 points 6 days ago
Truer Words have only been spoken by whoever wrote the book from which AI stole the idea that you just pasted here for me but that I have heard or read previously somewhere....
Amos Tversky: Known for his work on cognitive biases and the framing effect.
Daniel Kahneman: Known for his work on behavioral economics and the concept of loss aversion.
Richard Thaler: Known for his work on behavioral economics and the concept of nudges.
Herbert Simon: Known for his work on behavioral economics and the concept of bounded rationality.
Oh man, that's interesting.
mrgoosmoos 3 points 7 days ago
hey, I did that too!
just give it five or so years. and tons of overtime. and a partner who works in tech who bought pre-covid and then sold at covid prices so you could buy a bigger house together also at covid prices. and then buy at the top of your budget because you keep getting outbid
those home made meals and coffee were definitely the biggest factor!
Waterpumpee 3 points 8 days ago
Homeoffice indeed saves so much money. I think even carbon emmissions are roughly reduced by 30% for workers with WFH. Imagine not relying on a car anymore. Over lifetime, buy/maintenance/fuel prices for a car roughly amount to the price of a house actually. Now you'd not want to buy a house at the end of your lifetime but it reaaaaally sums up.
BearStainedBunny 2 points 8 days ago path: 0 25261257, hotness: undefined, score: 2, children: 0
TubularTittyFrog 2 points 7 days ago
depending on where the house is climate change would increase it's value.
VelvetPinkOtter123 0 points 7 days ago
IF you take that advice literally you'll never be able to buy a house because you heard the words but you didn't understand the message
The message is to not waste money on frugal things you don't actually NEED. Every dollar counts and pennies a day can add up to a lot over some years.
The message is to tell you to track your spending and see how much you waste on things you don't need and to analyze how you can save more
Also, don't just save it, invest it somehow if you can. This what banks are for. Go there, talk to a financial expert. They can help you open an investment account for your long or short-term needs
Houses are stupid expensive, that's true... but it's also true that you probably waste money. If you waste money, even if house prices drop, you still won't be able to afford one
whereitsat 3 points 7 days ago
that's only viable for people who make 50+k a year and spend like irresponsible assholes in a reasonable cost of living area.
if you're closer to the poverty line, frugality ain't gonna save you unless you live with your parents.
regardless, this rhetoric is just victim blaming. people should be able to enjoy a meal out a few times a week and some beer AND own a house even if they work as a janitor.
like, give me a fucking break.
VelvetPinkOtter123 0 points 6 days ago
I should also be able to walk through the worst parts of Compton as an out-of-town white man by myself with a 10k necklace on and not be worried I'll get robbed and shot
But also I need to take responsibility for my own actions and not make bad choices
Is it victim blaming to call me stupid when I get robbed? Probably
Was it stupid of me to walk through the worst parts of Compton by myself as an out-of-town white man with a 10k necklace on? Also yes
You can wish in one hand for a perfect world where you can work an easy job taking orders at McDonalds and make enough money to buy a 5 bedroom house in a good neighborhood with a decent yard and have enough left over to raise 3 kids and take a vacation ever year while treating yourself to daily high-quality coffee and fancy snacks...
or
You can climb down from the fantasy world in the sky and join the rest of us here in reality and realize that if you want to move out of your moms house you're going to need money and the only way to have lots of money is to figure out how to save as much money as you can
it doesn't matter if you like it; that's how it is
WhoIsTheDrizzle 3 points 7 days ago
Is that what banks are for? Savings account interest rates at historic lows of .4%, which doesn't even outpace inflation. We're essentially paying them to spend our money.
You could get a HYSA for 3%. Income is taxed, interest rates are variable. Not really many good options.
TubularTittyFrog 0 points 6 days ago
this is some bullshit.
my HYSA rate is 3.5% and rolling CDs bring it up closer to 4%. Oh no you have to pay taxes on it! wow, you pay taxes on pretty much every investment that isn't a Roth IRA...
lots of other places to invest, like boring blue chip stocks that don't have huge swings in value that you hold onto for years and they provide a return that is more or less within a 1% of the general market average.
the issue is everyone is a fucking asshole and want massive returns here and now and thinks they should pay zero tax on it, but that guy over there, he should pay taxes on his investments and returns, but not me! I'm special!
it's hilarious i have friends who have like $500 invested and family with like 50,000,000 million, and they both say the same stupid entitled shit that you say here, because everyone seems to think they are entitled to like 10% tax free yoy growth on their investments... and THE LINE CAN'T EVER GO DOWN.
and we wonder why the country in is economically fucked... well because we actively choose to fuck ourselves over collectively year after with out absurd expectations and fast money bullshit instead of doing the boring hard unglamorous work that actually builds non-bubble wealth...
the smartest thing anyone can do is invest blindly. i check my 401K returns once a fucking year and no more and I don't bother trying to manage it to try and min/max and 'beat the market' on it because it's utterly stupid, and on average over 20 years of investment I have like quadrupled the saved income. and when I tell people that, the first thing they almost always tell me is I need to take out a loan against it and buy something stupid with it, like a way bigger house I don't need. they also tell me I need to clean out my other investments and go on a trip to Africa, because YOLO.
Same people who whine to me how 'poor' they are and how they can't 'get ahead'... gee i wonder why...
oh they also are very upset they have to pay back their 60-150K in student loans they still owe on in their 30s/40s. they thought that money was supposed to be free!
TubularTittyFrog 0 points 7 days ago
No way man. Having to budget and save is propaganda billionaires are using to oppress us.
or something. I gotta buy that latest gaming PC parts so I can up my FPS and comment harder on the internet about how horrible things are so I can fight back against the billionaires.
Beangut 0 points 6 days ago
That's all sound advice (except talking to banks) but given the current nature of our economy it's kind of moot for the majority of people.
Speaking of which, thanks for reminding me I have to move my state-obligated investment fund around to avoid the next "once-in-a-lifetime" financial crisis.
TubularTittyFrog -11 points 7 days ago
What I find ironic mostly is the same folks who are bitter they will never own a home are also the same folks who fight housing development and are pro-rent control.
They basically choose policies that will fuck themselves over more in the future and make them owning a home ever more difficult than it already is.
But I mean, so did their parents.
And they are all eating avocado toast and also complaining about how expensive that is... but they are still going out and buying it.
titanicx 7 points 7 days ago
We have housing development all over Utah. Not easy to afford those half million dollar starter homes. Also pro rent control is exactly the policy they need to prevent the mass purchase of homes by a single entity or person. If it's not as profitable, then they won't do it.
TubularTittyFrog -5 points 7 days ago
without those new homes, the existing starter homes would be 700K.
rent control restricts development, and gives preference to those who already live there over those who want to move, which locks people into their homes and further increases upward price pressures.
the problem is you see everything in terms of YOU YOU YOU. you can't afford the new homes, so you think they are bad and make things worse. but those new homes are getting bought by people who would otherwise buy old homes and make those even more expensive than the new ones.
the issue that nobody is talking about is that the USA as a whole, is like 30 million housing units in the red, and it's far worse in some areas than others. In cities where they have built enough to meet demand, prices have plateaued and sometimes started coming down. Because at the end of the day, it's a local issue. it's individual towns and cities that choose to permit new housing construction, they are the ultimate force in all of this and they have systematically suppressed new housing for 30+ years. The last time housing construction was on pace with housing demand was 1995. every year since then, housing construction has been less than demand, and thus housing prices have gone up 300% because there simple aren't enough houses for people to buy, so the houses that are for sale, go to the rich people who can afford them.
anyway, yeah vote for rent control and screw everyone else, as long as you have yours right, surely you'll be the one who gets the rent controlled unit and fuck everyone else who isn't lucky enough to get one. that is the american way.
TubularTittyFrog -6 points 7 days ago
yeah man, just keep saying bullshit. that will make houses become affordable for you.
or maybe go to your local zoning board meeting and vote for more housing development. nah, that that can't work.
whitepeopletwitter
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whitepeopletwitter
@sh.itjust.works
10338
1987
7167
People tweeting stuff. We allow tweets from anyone.
RULES:
- Mark NSFW content.
- No doxxing people.
- Must be a pic of the tweet or similar. No direct links to the tweet.
- No international politcs
- Be excellent to each other.
- Provide an archived link to the tweet (or similar) being shown if it's a major celebrity, figure or any politician. If you replace the "x" at their site with xcancel (so it beomes xcancel.com), and you're not on mobile, it will save video. https://web.archive.org/save is another great option. Archive.is is no longer recommended because they remove/alter content.
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How tf you don't have a house if you didn't get avocado toast?
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