« First « Previous Comments 246 - 251 of 251 Search these comments
ps,
Now that we have the definitions cleared out. I'll just restate my original sentence.
If you're a newcomer to BA without substantial savings, you have to be in the upper 20% income to give your kids a good education. All cleared? :)
One problem with the BA is that it attracts so many overachievers who are enslave themselves to their employers in return for "equity" in a $1M plus POS. They could double their living standards easily by moving to almost any other tech center.
ps,
(forgive me for sounding a bit GC right here)
I do wonder about the all sacrificing parents. I think of kids as sort of the ultimate in consumable goods. There's almost zero change, especially in the middle and upper middle classes, that kids will return any investment to the parents, yet they cost a tremendous amount in time and money.
So my first question would be - are parents all brainwashed?
And my second question would be - is parenthood really be so rewarding that it's worth forgoing 20 years of nice restaurant, frequent sex, chance to ditch spouse for better model, living in an urban environment, financial security, etc etc?
:) How much do you value your child?
ps is pretty awesome, isn't he. He even knows who Frank Kingdon Ward is!
« First « Previous Comments 246 - 251 of 251 Search these comments
Hello,
Not sure if this has been discussed here or not, but I recently came across the following report from HBSC Global Research. It’s a pretty comprehensive analysis of the US housing market based on a model called HomePulse, which they developed and have made publicly available. I've linked the spreadsheet below also. There is so much data, buttons and knobs to play with that I haven't been able to even scratch the surface on it. I think there are some sharp minds on this forum - it would be interesting to see some discussion of this work.
HBSC Report (PDF, large)
HomePulse model (Excel)
#housing