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1. antist+(OP)[view] [source] 2023-06-13 13:40:53
Right, so the "secret" to blowing up your life is just to have massive savings, income and rental property, so that instead of owning your possessions, you can just rent them for 2x the cost of ownership while being a digital nomad.

Got it.

Just in case someone finds this "profound".

replies(4): >>kilian+U2 >>scarfa+n8 >>googlr+Fm1 >>JALTU+W12
2. kilian+U2[view] [source] 2023-06-13 13:55:14
>>antist+(OP)
Not to mention a massive carbon footprint by the sounds of it
replies(1): >>scarfa+j9
3. scarfa+n8[view] [source] 2023-06-13 14:22:12
>>antist+(OP)
I actually agree with you:

>>36307059

But my former home is rented to our son at a discount to its market value to help him out and it offsets most of the holding cost. But I still lose money. That’s the only thing that the extra money is going to - offset the mortgage.

Honestly, my fixed costs are actually lower than they were before I started working for BigTech when I was working as a journeyman CRUD developer making less than a returning intern got at my current company.

I was making $120K when I had my house built in the burbs in 2016 and paid 3.5% down with an FHA mortgage. I was the only one on the mortgage.

If I had still been making that, I would have sold my house that doubled in value over the past six years and paid cash for my place in Florida.

My total expenses including mortgage and all utilities is less than $3000 where I live now. I was paying more for my mortgage, utilities, maintenance.

Even without that, my 1250 square foot condo I bought in 2022 was the same price I paid to have my 3200 square foot house built in 2016.

The amount we pay for Uber or SixT is about the same as we paid for one car note + maintenance on an older car + car insurance.

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4. scarfa+j9[view] [source] [discussion] 2023-06-13 14:26:03
>>kilian+U2
Yes, I’m sure the plane wouldn’t fly if I weren’t on it…
replies(1): >>bmoxb+Yh
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5. bmoxb+Yh[view] [source] [discussion] 2023-06-13 14:58:56
>>scarfa+j9
On an individual-level then sure, but less people buying flight tickets will obviously lead to airlines eventually running less flights.
replies(1): >>scarfa+pw
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6. scarfa+pw[view] [source] [discussion] 2023-06-13 15:53:58
>>bmoxb+Yh
It’s even more nuanced. Airlines don’t make money on main cabin for the most part. They make money from business class

https://www.zippia.com/advice/business-travel-statistics/

and selling miles to credit card companies.

https://airlinegeeks.com/2021/12/17/here-s-why-airline-loyal...

If main cabin dropped by half, they would still fly the routes.

replies(1): >>antist+1U1
7. googlr+Fm1[view] [source] 2023-06-13 19:10:52
>>antist+(OP)
It's not like OP said "Anyone can do it just like this!". It's just what they did. Is it really so shocking to you that richer people have more opportunities in their lives than poorer people?
replies(1): >>scarfa+FA1
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8. scarfa+FA1[view] [source] [discussion] 2023-06-13 20:07:33
>>googlr+Fm1
See my sibling reply.

It didn’t take being “rich”.

My budget is lower than it was when I was making $135K (the median college educated couple in the US makes that much) when I had my house built in 2016.

The only thing different that I’m doing based on my income now is subsidizing the rent for my younger son instead of selling my old house and paying cash for the Condotel I bought. It was the same price in 2022 as what I bought in 2016.

replies(1): >>googlr+ZP1
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9. googlr+ZP1[view] [source] [discussion] 2023-06-13 20:56:22
>>scarfa+FA1
It's not just about income, but also your assets. From your description, I don't think it is wrong to call you rich, or at least above average net worth and income. Also, you making $135k solo is a much better situation than you+partner making $135k combined as might happen with the median college couple. You doing it solo means your partner can put all their time into...well..whatever they want.

I don't really see anything wrong with your reply, I was mostly replying to the person who was whining that you have to be rich to do it. But I do think, if you had less income and fewer assets you would need to go about doing what you did in a different way.

replies(1): >>scarfa+Q42
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10. antist+1U1[view] [source] [discussion] 2023-06-13 21:10:56
>>scarfa+pw
> It’s even more nuanced. Airlines don’t make money on main cabin for the most part. They make money from business class

No, it's not. Where they make their money is completely orthogonal to how demand for flights is generated.

All passengers generate flight demand, so yes, they are just as responsible for CO2 emissions as the airline (you can argue about the proportions and degrees, but they still are) The airline is additionally responsible by not pricing in externality costs of CO2 emissions.

replies(1): >>scarfa+I02
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11. scarfa+I02[view] [source] [discussion] 2023-06-13 21:37:40
>>antist+1U1
That’s just the thing, if main cabin demand went down, the airlines would just increase the prices of the price insensitive business travelers using other peoples money.

When I fly personally, I’m much more price sensitive than when I’m booking travel in the travel portal for my trillion dollar market cap employer who is flying me out to see a client to work on a deal. I’ve flown out with a couple of days notice plenty of times at prices I would never pay personally. If every single none business traveler stopped flying from SEA, I can guarantee you that they wouldn’t cut flights drastically.

There is a reason that the SEA airport has a special line for check in for Amazon and Microsoft.

12. JALTU+W12[view] [source] 2023-06-13 21:43:09
>>antist+(OP)
One more thing: no kids/empty nest! :-)
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13. scarfa+Q42[view] [source] [discussion] 2023-06-13 21:53:50
>>googlr+ZP1
Yes, I realize in the grand scheme of things, even $135K puts me in the top quintile of income. But this is HN full of tech people. In 2016, any average CRUD “full stack developer” could get that much in any major metropolitan area in the US with 5-7 years of experience. An FHA loan that we used to get our house built was 3.5% down or around $12K.

On the other side of tech compensation, that’s less than a returning intern I mentored got when they came back - and not as a software developer as a junior consultant at BigTech working remotely where we make 10% less than software devs at the same level

I still posit that it is more about priorities (and lack of dependents) for your average mid careers professionals.

There are people making less who choose the RV life or AirBnbs and cars.

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