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/biz/ - Business & Finance

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55171201 No.55171201 [Reply] [Original]

"yeah I make 6 figures so I must be pretty successful"

>> No.55171246

>>55171201
It’s over USD bros…

>> No.55171256

>>55171201
250k is the new 100k

>> No.55171368

It doesn't matter.
Women don't understand inflation, and think six-figures is a lot.

>> No.55171385
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55171385

>>55171201
lying retard, 100000 gives 57k on those dates
>>55171256
wrong

>> No.55171389

>>55171201
this one is obvious to anyone with half a brain, just compare lifestyles on 100k from the 90s to today
>1990
>designer clothes, top restaurants whenever you want, regular international travel, house in malibu with an ocean view AND a mountain house for when you get bored
>2023
>if me and my girlfriend save up for years (we both make 100k) we can make a down payment on a townhouse!!!

>> No.55171708

>>55171256
500k is the new 100k

>> No.55171748

>>55171389
>we can make a down payment on a townhouse
Maybe...assuming the market places nice.
Shits go for 1m where I live and it's a shithole everything

>> No.55171753

>>55171368
So you care about how much money you make because how girls look at you?

Thats the most retarded shit i've ever heard

and unless they got access to your bank account you could just make something up and tell them you make more than $100k

you fucking retard

larping will not buy you a house or car tho

>> No.55171917
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55171917

>>55171753

>> No.55171936

>>55171917
Aw i'm sorry my fren I didn't mean to sound mean.

It's gonna be alright

>> No.55171946

>>55171201
>has the same buying power as
>but can't buy the same stuff
meme measurement
I don't want a 2000 model car, phone, clothes, bandwidth, TV, medicine or even the dirty food from that era

>> No.55171953

>>55171946
I'll take the 2000 videos games.

>> No.55171968

>>55171953
it's 2023, you can have all the 2000 video games you want

>> No.55171987

>>55171968
You're right. I should stop saying stupid shit.

>> No.55172015
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55172015

The reason that inflation is hard to relate directly to the past is because costs have not gone up equally.

Food and commodities have mostly gone up at 2% per year.

But housing, healthcare, and higher education have gone up drastically faster due to government interference in the market.

Meanwhile, technological deflation has caused things like computing power to be drastically cheaper than in the past.

Also there's the issue of technological progress that isn't always thought of. For example, a house today is more advanced than a house built in the 1950's. A house today has air conditioning, heating, better insulation, etc. which people don't think about when comparing housing prices. So even though you are paying more, you are getting more for your payment, so the inflation isn't as bad as you think.

>> No.55172048

>>55172015
It works both ways. Even though food hasn't gone up too much, I can guarantee you that its quality degraded significantly in the same time.

>> No.55172065
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55172065

>>55172048
Good point fren, that is true also.

>> No.55172085

>>55171368
100k isn't enough to impress women these days. they think they are all the most valuable thing on planet earth. tell them you have 10 million and you MIGHT start getting some attention from 5/10s

>> No.55172667

>>55171385
Demoralization thread

>> No.55172833

>>55171201
Boomers should honestly be executed for what they’ve done to this country and current generations.
I seriously seethe even thinking about it. I cannot think of a single positive thing they’ve given us. We should start slitting their throats.

>> No.55172862
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55172862

Daily reminder: if you voted for Biden you do not have the right to cry about hyper inflation
>10% inflation in 1.5 years is a good thing goyim!

>> No.55172870
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55172870

>>55172862
It’s actually much worse if you look at Bidens full term to date

>> No.55173004

>>55171201
it's worth 30k if you use the real inflation rate

>> No.55173006

>>55171256
then I shouldn't be celebrating my 130k right?
I don't understand the economy or the market anymore, in the end the only thing I got was KEK bags and everything keeps changing, so why bother?

>> No.55173089

>>55172015
Housing largely remains the same since the 1990s in fact many houses are made to last only 10 years. Back in the days houses were made to last 100+ years after their building in the 1930s and before.

>> No.55173354

>>55172862
>muh vooting
Biden did not invent inflation. The long term economic policy of the US does not change every 4 years. And it was already decided regardless of what the vooters voot

>> No.55173379

I make 150k/year and only live a few paychecks away from not being able to pay bills

>> No.55173386

My dad was on 100k in the 1990s and we lived in a McMansion with a huge pool, double-story house, 3KM from the city and right next to the beach.

>> No.55173590

>>55171201

its over

>> No.55173598

>>55173006

No you should not. lol lmfao.

>> No.55173624

>>55172085
Women dont care about money, if its anything its your title. You could be a plumber making $100k and they will take the PhD fag only making $50k usually. Its a status thing but you dont want a girl who's like that either.

>> No.55173865

>>55172015
>For example, a house today is more advanced than a house built in the 1950's. A house today has air conditioning, heating, better insulation, etc. which people don't think about when comparing housing prices. So even though you are paying more, you are getting more for your payment, so the inflation isn't as bad as you think.

avg house in 1980 was `60k, lets call its 80k and to make 80k today you need 175k. A house built in 1980 had insulation, duct work,AC etc. House today should cost less than 175k on average. My house doesnt have heated seats, gps, self driving, MRI, advanced braking system, or roman concrete. Carpet and built in vacuums in the walls are not improvements worth 200k, when avg house is 450k. That 500k house was still built in 1980 and the "improvements" are all cosemetic nothing functional. Its like cars coming with windows tinted and it justifys the price increase. Almost 40 me and wife make 225k, we are buying our first house at 225k. We will fix it up over 5 years and pay it off. Maybe we get 450k for it. Then I can afford to move into nice white neighborhood that will cost 700-1mil which will be 450k loan if I put 350k down on 850k house. Lets recap. I sell current house for a 2x and that buys me into a house that will increase my mortgage by 2x. All so I can live in white neighborhood. inb4 omg racist, okay how about a neighborhood without gunshots. I've lived in Sharpstown Houston Texas. If you haven't lived in neighborhood with soon to be astronauts then don't even being to talk to me about "racism"

>> No.55173914

>>55173865

Housing market to the moon though right?

>> No.55173983

>>55173914
>Housing market to the moon though right?
no of course not the market is totally rational and has been since before I was born. Now you reply with some sarcasitic shit that implys a point was made but isn't clear at all.

>> No.55174380

>>55172015
>For example, a house today is more advanced than a house built in the 1950's.
careful, the people on this board have no idea about what makes for good housing because they still live in their childhood bedrooms
they'll look at a house that's been retrofitted with knob and tube and say it's got character and doesn't contain OSB and is therefore better to live in

>> No.55174414
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55174414

inflation is one thing, but even taking inflation into account the wealthiest are moving further away from the rest of the pack.
meaning even if there was no inflation at all, $1,000,000 today puts you in the bracket of those with $400,000 in 2000.

>> No.55174448

>>55173386
been downhill ever since then right

>> No.55174472
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55174472

>>55173006
>>55171256
It's not the size of your paycheck that matters. It's what you do with it that's important

>> No.55174947

>>55172015
>a house today is more advanced than a house built in the 1950's
Not in the UK lmao.
Deanoboxes are made of nothing. My 1940s semidetached is a fucking castle by comparison.