Author Topic: Overheard at Work 2  (Read 743978 times)

Monerexia

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Re: Overheard at Work 2
« Reply #2600 on: July 20, 2020, 10:42:36 PM »
I have one:  the small business where I work employs a handful of engineers (expensive), and a bunch of people who assemble our products (at $10/hr).  It's interesting to note that the engineers (and management) always bring a sack lunch, or leftovers, or fruit for lunch, while fast food, takeout, or Starbucks are a common sight down in the assembly area.  The folks who can least afford it, it seems, are the ones who buy it most frequently.


Sad fact.   Some of them may be working 2 jobs (with limited time away from a job) or don't have great access to a kitchen at the room they rent, so default to buying food.

Hopefully the others are in a situation where they don't have to pay for rent and have a TON of disposable income.

Yep when i was a clueless undergrad i'd spend $10/day on coffee--and didn't think twice about food court constantly. Out of touch. Also, it takes a certain type of person to take the increment and get enthused about it. 1% matters, $5 matters. It's pattern recognition which is, as we know, IQ.

Imma

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Re: Overheard at Work 2
« Reply #2601 on: July 21, 2020, 03:33:21 AM »
I have one:  the small business where I work employs a handful of engineers (expensive), and a bunch of people who assemble our products (at $10/hr).  It's interesting to note that the engineers (and management) always bring a sack lunch, or leftovers, or fruit for lunch, while fast food, takeout, or Starbucks are a common sight down in the assembly area.  The folks who can least afford it, it seems, are the ones who buy it most frequently.


Sad fact.   Some of them may be working 2 jobs (with limited time away from a job) or don't have great access to a kitchen at the room they rent, so default to buying food.

Hopefully the others are in a situation where they don't have to pay for rent and have a TON of disposable income.

When I was young and working two jobs (about a decade ago) there was a period where I was eating fastfood for lunch every day. I knew that wasn't the healthiest choice but it was the only thing I could buy close to work. But I didn't eat breakfast or dinner at home because when I got home I literally fell asleep and didn't wake up until 15 minutes before I had to leave again. Sometimes I'd grab a snack on the way from one job to the other. And at that time I had a kitchen and I absolutely knew how to cook frugally and from scratch. I was just too tired to stand up by the time I got home, let alone to cook, eat and do dishes afterwards.

DadJokes

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Re: Overheard at Work 2
« Reply #2602 on: July 21, 2020, 04:52:34 AM »
I remember working 80-100 hour weeks after high school. I usually only slept at my apartment.

However, I worked for a convenience store, so I got free coffee and fountain drinks, as well as any of the deli food that was about to be thrown out (after sitting for four hours in a warmer).

It was a pretty sweet deal.

Imma

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Re: Overheard at Work 2
« Reply #2603 on: July 21, 2020, 05:04:45 AM »
I remember working 80-100 hour weeks after high school. I usually only slept at my apartment.

However, I worked for a convenience store, so I got free coffee and fountain drinks, as well as any of the deli food that was about to be thrown out (after sitting for four hours in a warmer).

It was a pretty sweet deal.

Mr Imma had exactly that job, at that age that's a perfect job. He still eats dinner at work 4 times a week and while that's procentually not as big a deal as free food in a minimum wage job, it's still a sweet deal. It's one reason our grocery spending is so low.

zolotiyeruki

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Re: Overheard at Work 2
« Reply #2604 on: July 21, 2020, 08:15:32 AM »
I have one:  the small business where I work employs a handful of engineers (expensive), and a bunch of people who assemble our products (at $10/hr).  It's interesting to note that the engineers (and management) always bring a sack lunch, or leftovers, or fruit for lunch, while fast food, takeout, or Starbucks are a common sight down in the assembly area.  The folks who can least afford it, it seems, are the ones who buy it most frequently.


Sad fact.   Some of them may be working 2 jobs (with limited time away from a job) or don't have great access to a kitchen at the room they rent, so default to buying food.

Hopefully the others are in a situation where they don't have to pay for rent and have a TON of disposable income.
I know many of them from a different social circle we share, so I know they have kitchens at home. Some are doing this job as a side gig, some are college or HS students. I know some are struggling financially, but I can't say for sure that they are the ones buying fast food.

PMG

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Re: Overheard at Work 2
« Reply #2605 on: July 21, 2020, 09:06:15 AM »
I’m guessing many of the lower paid employees didn’t go to college, but when I went, as a frugal, lunch packing adult it really made me sad how much younger students were pushed into the rat race lifestyle.  They were scheduled full, forced into meal plans, marketed to heavily and kept so busy and stressed out that they didn’t have a whole lot of time for any kind of self care. So, of course they’re going to finish college barely knowing how to grocery shop, and with a strong habit of rushing through fast food for every meal because that is exactly what they were taught, and what was sold to them.  Capitalism and our cultural norms sure set people up to be unhealthy and miserable.

There was also so much manufactured stress. All the professors would try to teach planning, would help students map out semester long projects and create work plans, but the admin and student life people would always be talking about “final stress!” And “all nighters!” And “Cramming!”  And planned so many really unhelpful events and activities around those themes.

This just keep going at work now, heaven forbid we actually finish a project on time without rushing and working late.

Why is stress so desirable!? 


spartana

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Re: Overheard at Work 2
« Reply #2606 on: July 21, 2020, 09:15:36 AM »
I have one:  the small business where I work employs a handful of engineers (expensive), and a bunch of people who assemble our products (at $10/hr).  It's interesting to note that the engineers (and management) always bring a sack lunch, or leftovers, or fruit for lunch, while fast food, takeout, or Starbucks are a common sight down in the assembly area.  The folks who can least afford it, it seems, are the ones who buy it most frequently.

It's also interesting that with the exception of one car, the owner of the business drives the least-valuable vehicle in the parking lot--an '03 Accord with >250k miles on it.  I think I'm pretty close, though, with my '95 Corolla with 234k.
My sister worked for a big defense contractor and it was the opposite. She said the almost all the engineers and executives ate every single meal out or did take-out including several Starbucks a day. The lower earners and tech generally brown bagged it.
« Last Edit: July 21, 2020, 02:51:33 PM by spartana »

talltexan

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Re: Overheard at Work 2
« Reply #2607 on: July 21, 2020, 09:58:26 AM »
At my workplace--when we return--it will be interesting to see whether the 400-foot elevator ride to street level causes a lot of people to rediscover bringing lunch from home.

markbike528CBX

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Re: Overheard at Work 2
« Reply #2608 on: July 21, 2020, 02:08:12 PM »
At my workplace--when we return--it will be interesting to see whether the 400-foot elevator ride to street level causes a lot of people to rediscover bringing lunch from home.

I see a bungee jump opportunity here!   :-)

I remember when I was young (1970's or so) and seeing a National Geographic of New Guinea guys doing a bungee jump (the tower flexed, not the vines to the feet) and thinking, that is a great idea for fun.
Fortunately, I had not hit terminal testosterone puberty yet, so I forgot about it until real  bungee jumping became a thing.

mm1970

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Re: Overheard at Work 2
« Reply #2609 on: July 21, 2020, 03:10:46 PM »
I have one:  the small business where I work employs a handful of engineers (expensive), and a bunch of people who assemble our products (at $10/hr).  It's interesting to note that the engineers (and management) always bring a sack lunch, or leftovers, or fruit for lunch, while fast food, takeout, or Starbucks are a common sight down in the assembly area.  The folks who can least afford it, it seems, are the ones who buy it most frequently.

It's also interesting that with the exception of one car, the owner of the business drives the least-valuable vehicle in the parking lot--an '03 Accord with >250k miles on it.  I think I'm pretty close, though, with my '95 Corolla with 234k.
My sister worked for a big defense contractor and it was the opposite. She said the almost all the engineers and executives ate every single meal out or did take-out including several Starbucks a day. The lower earners and tech generally brown bagged it.

This was my experience at my last company and this one too.  At both, I started a trend of brown bagging it for many.  I started eating in the lunch room (vs at my desk), so others joined me.  At both places, people would dig at me for packing a lunch.  Both times I told them the math of how much I saved.  And more people started packing lunch.

Quote
I know many of them from a different social circle we share, so I know they have kitchens at home. Some are doing this job as a side gig, some are college or HS students. I know some are struggling financially, but I can't say for sure that they are the ones buying fast food.

When I was in my 20s/early 30s, I ate out SO MUCH.  It was a social thing for me.  I would not be surprised if this is the case.

ysette9

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Re: Overheard at Work 2
« Reply #2610 on: July 21, 2020, 04:27:07 PM »
When I worked for a large defense contractor the food available on campus was uniformly awful and the drive out to anywhere with good food was too long to make it worthwhile more than occasionally. We were technically salaried but since we had to log all of our hours, an extra half an hour at lunch meant staying an extra half an hour at the end of the day. I learned quickly to pack my own lunch merely to save the time.

When I finally moved to Tech at the end of my career it was an amazing privilege to take a real and relaxing lunch break to eat good food with collčgues. In the grand scheme of things the money the company spent feeding me free meals and snacks wasn’t big compared to salary and benefits, but it was huge for making me feel valued and wanting to stay there.

401Killer

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Re: Overheard at Work 2
« Reply #2611 on: July 23, 2020, 03:39:01 AM »
E1 - "I would never buy a used house."
E2 - "I've never bought a used house."

Me on the other side of the wall... o_O

Used house? I've never heard anyone call a house a "Used House". I think of new houses as mostly contractor grade materials unless you have it built yourself.




By the River

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Re: Overheard at Work 2
« Reply #2612 on: July 23, 2020, 07:02:31 AM »
E1 - "I would never buy a used house."
E2 - "I've never bought a used house."

Me on the other side of the wall... o_O

Used house? I've never heard anyone call a house a "Used House". I think of new houses as mostly contractor grade materials unless you have it built yourself.

Wow, I was over 40 before I ever lived in a house built after I was born.  And I probably would have made that forever if a hurricane hadn't wiped out my house.

OtherJen

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Re: Overheard at Work 2
« Reply #2613 on: July 23, 2020, 07:09:10 AM »
E1 - "I would never buy a used house."
E2 - "I've never bought a used house."

Me on the other side of the wall... o_O

Used house? I've never heard anyone call a house a "Used House". I think of new houses as mostly contractor grade materials unless you have it built yourself.

Wow, I was over 40 before I ever lived in a house built after I was born.  And I probably would have made that forever if a hurricane hadn't wiped out my house.

I'm over 40 and still haven't lived in a house built after I was born. I don't get the obsession with new houses.

Just Joe

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Re: Overheard at Work 2
« Reply #2614 on: July 23, 2020, 07:38:36 AM »
To me a "used house" has benefits - all the contractor mistakes are worked out if you're lucky.

Or someone (maybe you) have spent the time to upgrade some of the materials.

Our old house received from us a hardwood floor (not engineered wood, solid wood), a new quality roof, and a quality HVAC system among other things.

Each was a quality step up from what was there.

sherr

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Re: Overheard at Work 2
« Reply #2615 on: July 23, 2020, 07:49:33 AM »
There's something to be said for new houses too, they're typically much more energy-efficient are more suited to modern conveniences; more power outlets in convenient places, maybe built-in speaker wires / ethernet, garages large enough for modern cars, etc.

But yes, the concept of a "used house" is very bizarre. What's next, complaining about "used land"?!

jinga nation

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Re: Overheard at Work 2
« Reply #2616 on: July 23, 2020, 07:53:30 AM »
"Used" houses are the best. My house was built a couple of years before I was born, so mid-70s.

The house is done settling. New houses are still settling and owners freak out when they see cracks on the exterior or interior.

We're looking for older homes which aren't in a HOA, and can renovate to the wife's designs, bring them up to code, install efficiency measures.

Having renovated our present home in 2018, we have a finer eye on the current newer homes on the market; materials and work are terrible but asking top shelf pricing. WTF.
« Last Edit: July 23, 2020, 07:56:18 AM by jinga nation »

jinga nation

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Re: Overheard at Work 2
« Reply #2617 on: July 23, 2020, 07:55:20 AM »
But yes, the concept of a "used house" is very bizarre. What's next, complaining about "used land"?!

Don't even get started on used water and used air... I told someone once the O2 they breathe was exhaled by a tree. They didn't believe me.

Playing with Fire UK

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Re: Overheard at Work 2
« Reply #2618 on: July 23, 2020, 08:12:12 AM »
But yes, the concept of a "used house" is very bizarre. What's next, complaining about "used land"?!

This is why I'm moving to Iceland. I need some new land, not this old, hand-me-down land I have now. I have my standards!

DadJokes

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Re: Overheard at Work 2
« Reply #2619 on: July 23, 2020, 09:00:56 AM »
Our house was new. That wasn't our plan when we set out looking for a house, but it was just as expensive per square foot as the used houses we were looking at and didn't have any items that needed fixed right off the bat or any upcoming major repairs.

ixtap

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Re: Overheard at Work 2
« Reply #2620 on: July 23, 2020, 09:04:36 AM »
I am not sure she has said it out loud as a criteria, but I have a SIL who only buys new houses.

Just Joe

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Re: Overheard at Work 2
« Reply #2621 on: July 23, 2020, 11:36:14 AM »
I see alot of new houses with tiny garages. Like impossible to store two medium size vehicles.

Buy an older house built to store two 1970s land yacht cars and you've got space!

zolotiyeruki

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Re: Overheard at Work 2
« Reply #2622 on: July 23, 2020, 12:30:36 PM »
I see alot of new houses with tiny garages. Like impossible to store two medium size vehicles.

Buy an older house built to store two 1970s land yacht cars and you've got space!
This is one of my pet peeves.  Seriously, the incremental cost to the builder to make that garage actually usable (i.e. add four feet of width and three feet of depth) is negligible.

SwordGuy

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Re: Overheard at Work 2
« Reply #2623 on: July 23, 2020, 01:43:59 PM »
I see alot of new houses with tiny garages. Like impossible to store two medium size vehicles.

Buy an older house built to store two 1970s land yacht cars and you've got space!
This is one of my pet peeves.  Seriously, the incremental cost to the builder to make that garage actually usable (i.e. add four feet of width and three feet of depth) is negligible.

Snoutier Snout-Houses for the Win!

zolotiyeruki

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Re: Overheard at Work 2
« Reply #2624 on: July 23, 2020, 02:01:53 PM »
I see alot of new houses with tiny garages. Like impossible to store two medium size vehicles.

Buy an older house built to store two 1970s land yacht cars and you've got space!
This is one of my pet peeves.  Seriously, the incremental cost to the builder to make that garage actually usable (i.e. add four feet of width and three feet of depth) is negligible.

Snoutier Snout-Houses for the Win!
LOL, man, I hate those too.  Hooray for making lots as narrow as possible, to minimize road per house!  /s

Imma

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Re: Overheard at Work 2
« Reply #2625 on: July 23, 2020, 02:32:07 PM »
There's something to be said for new houses too, they're typically much more energy-efficient are more suited to modern conveniences; more power outlets in convenient places, maybe built-in speaker wires / ethernet, garages large enough for modern cars, etc.

But yes, the concept of a "used house" is very bizarre. What's next, complaining about "used land"?!

My house is from the 40s and I'm really happy with it. It's built with high quality materials and it's still in great shape and doesn't need a whole lot of maintenance. It's actually pretty energy efficient too - in the 40s people didn't have a lot of money to spend on heating and a/c didn't exist so homes were built to be cool in summer and warm in winter. A lot of older homes are much better insulated than properties from the 70s/80s.

markbike528CBX

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Re: Overheard at Work 2
« Reply #2626 on: July 23, 2020, 03:27:06 PM »
But yes, the concept of a "used house" is very bizarre. What's next, complaining about "used land"?!

Don't even get started on used water and used air... I told someone once the O2 they breathe was exhaled by a tree. They didn't believe me.

There is some probability that your last drink of water contained some H20 molecules peed by a frightened baby dinosaur when it saw a T-Rex coming at it.

(dimensional analysis, make-the-units-cancel problem from freshman year college chemistry class).

techwiz

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Re: Overheard at Work 2
« Reply #2627 on: July 23, 2020, 04:07:18 PM »
Overheard people talking about how it's a great time to buy a new car.

CW1 "The dealerships are currently offering 84 months at 0% no payments for 180 days, so it's free money they are giving away!"
CW2 "Yeah, you can get way more car for your payments now that they price them out over 84 months"

I stayed out of the conversation, but in my mind I was thinking the price of the car must has been increased enough to offset the cost of no interest, plus I don't think they realise 84 months is 7 years payments to pay it off.   

RetiredAt63

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Re: Overheard at Work 2
« Reply #2628 on: July 23, 2020, 05:47:03 PM »
Overheard people talking about how it's a great time to buy a new car.

CW1 "The dealerships are currently offering 84 months at 0% no payments for 180 days, so it's free money they are giving away!"
CW2 "Yeah, you can get way more car for your payments now that they price them out over 84 months"

I stayed out of the conversation, but in my mind I was thinking the price of the car must has been increased enough to offset the cost of no interest, plus I don't think they realise 84 months is 7 years payments to pay it off.

They will be ready for a new car long before the 7 years is up (she says smugly looking at her 10 year old car with no payments).

LennStar

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Re: Overheard at Work 2
« Reply #2629 on: July 24, 2020, 04:08:53 AM »
But yes, the concept of a "used house" is very bizarre. What's next, complaining about "used land"?!

This is why I'm moving to Iceland. I need some new land, not this old, hand-me-down land I have now. I have my standards!

There is going to be a whole lot of totally unused land in the Antartic coming on the market in a few decades. Keep an eye open for early investments!

Quote
I see alot of new houses with tiny garages. Like impossible to store two medium size vehicles.
You got it wrong. That garage is for one SUV!

Quote
They will be ready for a new car long before the 7 years is up (she says smugly looking at her 10 year old car with no payments).
Just sell the old car to the dealer for cheap, and he will be happy to roll the new and old payments together. Maybe even for 96 months!

talltexan

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Re: Overheard at Work 2
« Reply #2630 on: July 24, 2020, 06:46:43 AM »
I'm thinking about all those people who took out 84-month car loans who still have to be making payments right now when they aren't even driving anywhere because the job that justified that car purchase is now a job they can do from home.

mm1970

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Re: Overheard at Work 2
« Reply #2631 on: July 24, 2020, 10:48:14 AM »
E1 - "I would never buy a used house."
E2 - "I've never bought a used house."

Me on the other side of the wall... o_O

Used house? I've never heard anyone call a house a "Used House". I think of new houses as mostly contractor grade materials unless you have it built yourself.

Wow, I was over 40 before I ever lived in a house built after I was born.  And I probably would have made that forever if a hurricane hadn't wiped out my house.
The duplex I lived in before we bought our house was built in 1973, so it's younger than me.   Too bad we couldn't buy that thing.

Anyway, our house was build in 1947.

Sibley

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Re: Overheard at Work 2
« Reply #2632 on: July 24, 2020, 11:34:33 AM »
E1 - "I would never buy a used house."
E2 - "I've never bought a used house."

Me on the other side of the wall... o_O

Used house? I've never heard anyone call a house a "Used House". I think of new houses as mostly contractor grade materials unless you have it built yourself.

Wow, I was over 40 before I ever lived in a house built after I was born.  And I probably would have made that forever if a hurricane hadn't wiped out my house.
The duplex I lived in before we bought our house was built in 1973, so it's younger than me.   Too bad we couldn't buy that thing.

Anyway, our house was build in 1947.

1919 house checking in.  I'm definitely not that old.

markbike528CBX

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Re: Overheard at Work 2
« Reply #2633 on: July 24, 2020, 11:57:35 AM »
E1 - "I would never buy a used house."
E2 - "I've never bought a used house."

Me on the other side of the wall... o_O

Used house? I've never heard anyone call a house a "Used House". I think of new houses as mostly contractor grade materials unless you have it built yourself.

Wow, I was over 40 before I ever lived in a house built after I was born.  And I probably would have made that forever if a hurricane hadn't wiped out my house.
The duplex I lived in before we bought our house was built in 1973, so it's younger than me.   Too bad we couldn't buy that thing.

Anyway, our house was build in 1947.

1919 house checking in.  I'm definitely not that old.

1944 house here.  But.... built by and for the Manhattan Project (Hanford Engineer Works).
http://hanford.houses.tripod.com/

My house is actually older than the nearby https://en.wikipedia.org/wiki/Gold_Coast_Historic_District_(Richland,_Washington)

tempted to cross post to the "What is your oldest (functional) possession" thread.

ysette9

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Re: Overheard at Work 2
« Reply #2634 on: July 24, 2020, 03:36:39 PM »
The concept of buying a new house to me feels so, I don’t know, Texas. As in tons of land and a huge dependence on cars. I grew up in a HCOL area so the oldest houses were almost always the nicest and the best parts of town, whereas the newer houses were on the outskirts of town and furthest away from everything. The “rich” side of town was old houses and the “poor” side was the 80s and 90s subdivisions of cookie cutter tract homes.

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Re: Overheard at Work 2
« Reply #2635 on: July 25, 2020, 12:43:55 AM »
Since you all seem so obsessed about house ages, I'll brag a bit.
All the houses I have lived in were build in the 60s, the current one 1963.

My small town still has whole streets from houses before 1800 or even 1700. (Beat that you youngsters in America ;) )
Unfortunately a lot of them unlived in so it is only a matter of time until they implode. Some already have.

Raenia

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Re: Overheard at Work 2
« Reply #2636 on: July 25, 2020, 07:17:22 AM »
Since you all seem so obsessed about house ages, I'll brag a bit.
All the houses I have lived in were build in the 60s, the current one 1963.

My small town still has whole streets from houses before 1800 or even 1700. (Beat that you youngsters in America ;) )
Unfortunately a lot of them unlived in so it is only a matter of time until they implode. Some already have.

My house was built in 1875, is that old enough for you Europeans? :P  I figure if it's stood this long, it must have been built well!

Dave1442397

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Re: Overheard at Work 2
« Reply #2637 on: July 25, 2020, 04:01:24 PM »
Since you all seem so obsessed about house ages, I'll brag a bit.
All the houses I have lived in were build in the 60s, the current one 1963.

My small town still has whole streets from houses before 1800 or even 1700. (Beat that you youngsters in America ;) )
Unfortunately a lot of them unlived in so it is only a matter of time until they implode. Some already have.

My current house was built in 1960.

The house I lived in as a little kid was built in the 1700s, and used to be a stagecoach stop. It had since been surrounded by houses, but still had the barn with room for a coach and horses, and a hayloft above. We also had the only access to what used to be the field belonging to the house. I don't think we owned that, but no one else could get to it. We picked blackberries, gooseberries, blackcurrants, etc, and every kid on the street played back there.

I remember when my parents got central heating (radiators), and how it made such a difference to us - no more freezing cold mornings waiting for the AGA stove to warm the kitchen! We moved out of that house when I was eight, and went to a house that was built in the late '60s. As kids, we were amazed that you could hear things in the next room through the sheetrock walls - we were used to walls built with big blocks of cut stone, covered in a thick layer of plaster.

Taran Wanderer

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Re: Overheard at Work 2
« Reply #2638 on: July 25, 2020, 06:40:51 PM »
I grew up in a house built in 1979, and my own houses were built in 1942, 1977, and 2012.  Old is nice and can provide some great character, but I'll take our 2012 over the '42 bungalow and the '77 and '79 ranches anytime.

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Re: Overheard at Work 2
« Reply #2639 on: July 27, 2020, 11:51:40 AM »
E1 - "I would never buy a used house."
E2 - "I've never bought a used house."

Me on the other side of the wall... o_O

Used house? I've never heard anyone call a house a "Used House". I think of new houses as mostly contractor grade materials unless you have it built yourself.

I refer to my house as used, as in I want a used house that is in a totally built neighborhood so my purchase price is stable.

talltexan

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Re: Overheard at Work 2
« Reply #2640 on: July 27, 2020, 12:56:36 PM »
I will say it seems easy to encounter people who put in all of the thought and work and decision-making that it takes to build new, then they move into the house for maybe fifteen months before they have to move again!

TheFrenchCat

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Re: Overheard at Work 2
« Reply #2641 on: July 27, 2020, 03:35:19 PM »
I will say it seems easy to encounter people who put in all of the thought and work and decision-making that it takes to build new, then they move into the house for maybe fifteen months before they have to move again!
Wow! I've never heard of someone doing that!  I only know three households that have built new at all, and they'll live there forever.

LennStar

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Re: Overheard at Work 2
« Reply #2642 on: July 28, 2020, 04:34:40 AM »
I will say it seems easy to encounter people who put in all of the thought and work and decision-making that it takes to build new, then they move into the house for maybe fifteen months before they have to move again!
Wow! I've never heard of someone doing that!  I only know three households that have built new at all, and they'll live there forever.
Yeah, I also only know of one case, and that was a professor who got his dream position (in a different country) 3 years after they started the house building process (so about half a year they lived in).
I know a lot of persons who aren't finished with their house (or their garden project) years after they have moved in though :D

talltexan

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Re: Overheard at Work 2
« Reply #2643 on: July 28, 2020, 06:06:08 AM »
Co-worker of mine was a manager (supervised a team of about 4-6 people). Built a custom house, then got a new job as a VP of a public utility in Ohio and moved his family. It sounded like a significant promotion, so I cannot blame him.

But--if you take the trouble to drive through a new neighborhood where construction is still going on--I bet you'll find at least a few houses that are already on the market and are not "inventory" homes.

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Re: Overheard at Work 2
« Reply #2644 on: July 28, 2020, 09:28:19 AM »
Quote
Co-worker of mine was a manager (supervised a team of about 4-6 people). Built a custom house, then got a new job as a VP of a public utility in Ohio and moved his family. It sounded like a significant promotion, so I cannot blame him.

I like to ride my road bike out in the country. Fortunately for me I live only a few km from the edge of town so I can get out to the country easily. I have been riding the same routes for about 10 years now.

I can count at least 5 luxury country homes that I have watched get built, each taking 1-3 years to build, only to be sold a few years after construction is completed. Without fail these are luxury country mansions with triple or quad garages, every bedroom has an on-suite bathroom, and a kitchen that looks like it was designed for a photo shoot not for cooking. The one place had a double tall garage double wide, I never saw anything on the property that would justify the huge garage but you could fit some serious farm equipment in that garage.

I can't wrap my head around what must happen to a family for them to invest all the time and money that it takes to build these luxury mansions only to turn around and sell them a few years later.

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Re: Overheard at Work 2
« Reply #2645 on: July 28, 2020, 11:29:57 AM »
I was chatting with another ayi today who said the family she works for often buys very expensive groceries from the expat market, spending around $200 each time and purchasing several times per week. She then said that often, things will go bad and her job often entails cleaning out the fridge and throwing away things that have gone bad.
That is one of the things I can never wrap my head around. WTH buy so much you are in constant danger of having to throw away things? Especially if you go shopping several times anyway.

I mean it can happen with some small rests of fresh produce or mini-leftovers where you don't find a reasonable way to use it, but I doubt that is meant.

Oh, they don’t GO shopping. They pay a delivery fee to have the premium, imported groceries delivered to their door, and then they eventually let the food rot in the fridge.

I am truly fascinated by this. What is going through their minds as they make these purchases?? Do they simply forget that they have food in the fridge already? Do they not know that food goes bad? Do they think, "Oh, I don't feel like eating that, so I'll buy something else" and they just don't care that they're wasting food & money?
The story wasn't about me, but I often buy healthy food from the market, get it in the fridge, then just don't feel like eating healthy or cooking it.  So I buy crap, eat that, and let the healthy food rot.  One of these days I'll do it right, but I still have hope, so I keep buying the healthy food.

BlueHouse

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Re: Overheard at Work 2
« Reply #2646 on: July 28, 2020, 11:36:45 AM »
I have one:  the small business where I work employs a handful of engineers (expensive), and a bunch of people who assemble our products (at $10/hr).  It's interesting to note that the engineers (and management) always bring a sack lunch, or leftovers, or fruit for lunch, while fast food, takeout, or Starbucks are a common sight down in the assembly area.  The folks who can least afford it, it seems, are the ones who buy it most frequently.

It's also interesting that with the exception of one car, the owner of the business drives the least-valuable vehicle in the parking lot--an '03 Accord with >250k miles on it.  I think I'm pretty close, though, with my '95 Corolla with 234k.

When my nephew lived with me and had a retail job, the one thing that I think he learned while under my roof was how stupid it was to buy lunch every day.  I asked him how many hours he worked to buy his lunch every day and he didn't understand my point at all until I did the math with him.  I showed him that his first 1 hour, 15 minutes of work were basically working for nothing if he then spent what he earned to buy lunch at the food court.  It really opened his eyes and he started buying his own groceries and taking a sandwich to work every day after that. I'm really proud of that!

Imma

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Re: Overheard at Work 2
« Reply #2647 on: July 28, 2020, 04:24:56 PM »
Quote
Co-worker of mine was a manager (supervised a team of about 4-6 people). Built a custom house, then got a new job as a VP of a public utility in Ohio and moved his family. It sounded like a significant promotion, so I cannot blame him.

I like to ride my road bike out in the country. Fortunately for me I live only a few km from the edge of town so I can get out to the country easily. I have been riding the same routes for about 10 years now.

I can count at least 5 luxury country homes that I have watched get built, each taking 1-3 years to build, only to be sold a few years after construction is completed. Without fail these are luxury country mansions with triple or quad garages, every bedroom has an on-suite bathroom, and a kitchen that looks like it was designed for a photo shoot not for cooking. The one place had a double tall garage double wide, I never saw anything on the property that would justify the huge garage but you could fit some serious farm equipment in that garage.

I can't wrap my head around what must happen to a family for them to invest all the time and money that it takes to build these luxury mansions only to turn around and sell them a few years later.


It happened with the house my parents built. It was sold when it was about 15 years old. So the tiles/kitchen/colour scheme was slightly dated, it could do with a fresh coat of paint, new floors in some bedrooms and some repairs here and there. But generally a well built, good quality and fairly new home with a large landscaped garden in English cottage style. Maybe in need of 10k worth of cosmetic updating and small fixes.

Instead, the new owners completely stripped the house, built a large addition, moved nearly every internal wall, put in completely new landscaping, even took out the entire driveway and replaced it with a different material (who does that? Take out a perfectly good 20 meter long driveway in perfect condition because you want another colour of brick?) .

Renovations took 3 years and they're selling after 5. According to village gossip they are getting divorced. House prices have increased by 40% in that period but according to my back of a napkin math they're probably going to make a loss if they sell for the asking price, even though asking is 200k more than what they paid then. Who would have thought that a 3-year mid 6-figure renovation would impact your marriage?

They've also decorated the place in a really specific style so I just hope they're going to find a buyer who's into that or even more money will be wasted. As a mustachian, I just cannot imagine the thought process, the sheer scope of the waste. I would hesitate to replace a functional but ugly kitchen and look into painting instead, other people apparantly don't even mind almost demolishing a really new house.

Just Joe

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Re: Overheard at Work 2
« Reply #2648 on: July 30, 2020, 10:28:01 AM »
I will say it seems easy to encounter people who put in all of the thought and work and decision-making that it takes to build new, then they move into the house for maybe fifteen months before they have to move again!

I see that from time to time too. Never understood that. I have a relative that did that. Went through great trouble to buy and renovate, or build new - and then about 18 months or so later they'd move on to another job. Crawling up the career and real estate ladder

I'm sure they made money on property each move but it was an all life consuming process to settle into a job, get the kids into school and get the house the way they liked it only to move on to the next job. They've continued to do that to this day. It is possible they've finally "landed". I'll let you know in about 3-5 years.

There is truly a point if done right, a person could be mortgage free. A sort of side hustle.

DW and I took a different approach trying to stay one place as long as possible to minimize disruption to our lives and those of our kids.  Each time we moved and renovated the empty house after we left. The disruption to our lives was shorter and we had a self-imposed deadline to get it on the market and sold ASAP. Fortunately our houses have always sold quickly once completed.

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Re: Overheard at Work 2
« Reply #2649 on: July 30, 2020, 10:34:24 AM »
Quote
Co-worker of mine was a manager (supervised a team of about 4-6 people). Built a custom house, then got a new job as a VP of a public utility in Ohio and moved his family. It sounded like a significant promotion, so I cannot blame him.

I like to ride my road bike out in the country. Fortunately for me I live only a few km from the edge of town so I can get out to the country easily. I have been riding the same routes for about 10 years now.

I can count at least 5 luxury country homes that I have watched get built, each taking 1-3 years to build, only to be sold a few years after construction is completed. Without fail these are luxury country mansions with triple or quad garages, every bedroom has an on-suite bathroom, and a kitchen that looks like it was designed for a photo shoot not for cooking. The one place had a double tall garage double wide, I never saw anything on the property that would justify the huge garage but you could fit some serious farm equipment in that garage.

I can't wrap my head around what must happen to a family for them to invest all the time and money that it takes to build these luxury mansions only to turn around and sell them a few years later.

Divorces? Money-laundering? ;)

In our town there is a $1.6M home for sale. Very out of character for this town. I got nosey and did a reverse address lookup and then chased names on the internet. Multiple addresses in multiple states. Perhaps choose to be out of the limelight but very well to do. Business is in one state, properties are around the country.

No idea. All I can do is speculate. I wonder about tax advantages mostly.