Reply to Parents who are home by 5-6pm from work

Forum Index » Jobs and Careers

Reply to "Parents who are home by 5-6pm from work - what do you do?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]both of us can walk to work in 15-20 min or bike in 5 min (couch to office time). this also means we don't need cars. 
(think georgetown to K street)

I'm shocked at how long some people commute and how much money they spend on transport, when they don't even seem to have time to enjoy their suburban spreads.

we calculated that walking to work allowed us to buy 300-400K 'more house'. so we spent that money to buy a place not far from work. 
[/quote]
Hopefully neither of your jobs involve math because no one’s commute cost that doesn’t involve regular flying would come anywhere near $300-$400k.[/quote]

I assume they did the following math:

1 hr commute each way per person: 4 hours of "commute time" day, 20 hours a week, 50 weeks a year: 1000 hours.

If they both make $600k+ which is possible for BigLaw partners, sales, etc. that works out to $300/hr. which would get you to $300k

The tricky part is that usually those jobs are not hourly, so converting commute time to work time would not boost their salary by $300k.  But its what they consider their time "worth" to justify the more expensive house.

Most likely they are just ridiculously rich where $400k doesn't really matter.[/quote]

Huh?

They're not saying that their boosted their annual income by $300-400/year.  They spent that much more on a house to make up for the savings in commuting costs.  $300k in mortgage costs is, what, $1200 at 3% on a 30 year?

I'd say they're better at math than all of you. ;)[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics