my SIL in Utah lives in a 1.5 mil dollar house and wonder how me and my wife can

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Jul 8, 2024
6:55:21pm

qwerew All-American

my SIL in Utah lives in a 1.5 mil dollar house and wonder how me and my wife can

afford the vacations we take. We live in the same 2200 sq ft house we bought 21 yrs ago for 110K. Have contributed to investment funds monthly for 22 yrs and have been debt free for 13 yrs. It's not rocket science why some people can afford things and others can't.

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qwerew

Bio page: qwerew
Joined: Aug 17, 2006
Last login: Oct 4, 2024
Total posts: 5,942 (1 FO)

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Messages

Author

Time

After visiting Utah I wish I could live as large as you guys. Lifted HD trucks

Jul 8, 1:23pm

RE: After visiting Utah I wish I could live as large as you guys. Lifted HD

Chefcurry

Jul 8, 1:25pm

just got back from Bear Lake. Feel like I'm in abject poverty in comparison afte

Mayor of Cougartown

Jul 8, 1:26pm

Consumer debt. Lots and lots of consumer debt to keep up with the Jones's.

Jul 8, 1:27pm

I used to think everyone was just rich that owned this type of thing but in look

Mayor of Cougartown

Jul 8, 1:30pm

I have also realized that there are many more dual income families now.

lefty

Jul 8, 1:37pm

This. And it's a big city phenomenon. New lifted trucks with not a spec of

JarJarBeeps

Jul 8, 1:44pm

I honestly can’t comprehend it.. even if all monthly revolving payments

cougfanz

Jul 8, 1:31pm

They might make payments, but I doubt many “afford it”.

Jul 8, 1:33pm

There is a lot of money in Utah. Many can afford it.

kotacoug

Jul 8, 2:14pm

The key is to have a rich relative who likes you 🙂

Hoopster

Jul 8, 1:35pm

Balance sheets are invisible. Some are wealthy. Some are not.

Acorn

Jul 8, 1:36pm

I’m surprised by the amount of wealthy people moving to Utah. Not all of those

TarCoug

Jul 8, 1:41pm

Folks must be taking out money from home equity…

Jul 8, 1:43pm

I just got back to Utah from Banff and Jasper. We camped in a tent. We drove an old Suburban. We had a great time.

jdub

Jul 8, 1:54pm

More like 100k truck and 300k boat!

slccoug

Jul 8, 1:55pm

Afford it? Since when does that matter?

KCFan85

Jul 8, 1:56pm

Housing is MUCH cheaper in Utah than in most parts of the country.

IdahoCoug

Jul 8, 1:58pm

That's not true at all. This is from May of this year. Utah is on the more expensive side.

jdub

Jul 8, 2:01pm

Is your TIC-meter broken?

IdahoCoug

Jul 8, 2:04pm

Not very obvious TIC as most people outside of Utah still think that land here

Lord Jim

Jul 8, 2:34pm

Maybe not very obvious to people who pay no attention to anything.

IdahoCoug

Jul 8, 2:39pm

Not even close. Utah has the 6th most expensive housing market in the country

Lord Jim

Jul 8, 2:02pm

RE: Not even close. Utah has the 6th most expensive housing market in the country

IdahoCoug

Jul 8, 2:05pm

my SIL in Utah lives in a 1.5 mil dollar house and wonder how me and my wife can

qwerew

Jul 8, 6:55pm

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