Editing Talk:1894: Real Estate

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::: And to this 42-year-old engineer who just last year sold one house and bought another. I had a really great realtor; I would have been totally at sea otherwise, despite the prior experience. [[Special:Contributions/172.70.34.114|172.70.34.114]] 00:46, 22 June 2023 (UTC)
 
::: And to this 42-year-old engineer who just last year sold one house and bought another. I had a really great realtor; I would have been totally at sea otherwise, despite the prior experience. [[Special:Contributions/172.70.34.114|172.70.34.114]] 00:46, 22 June 2023 (UTC)
 
:It highlights what basically becomes an enormous difference in number size when doing some of these financial transactions. Having owned a house for three years now, I ''still'' cannot fully conceptualise the amount of debt I'm in. Sure, I know the number, and I signed all the papers, but it's an order of magnitude more than buying a car, which is an order of magnitude more than buying a 4k UHD TV, which itself is one of those things you don't even do every year. Within that context, being able to properly appraise whether that 10k discount (and driveway repairs) are worth it is fairly difficult to do. I got a 6k discount for a roof job that needed to be done on the house, along with an estimate that coincidentally expired before closing, that ended up costing me 11k. I had nowhere near any experience to know if any of that was reasonable, and, quite frankly, I still don't think I would have if I did it again. [[Special:Contributions/172.68.141.64|172.68.141.64]] 18:17, 25 September 2017 (UTC)
 
:It highlights what basically becomes an enormous difference in number size when doing some of these financial transactions. Having owned a house for three years now, I ''still'' cannot fully conceptualise the amount of debt I'm in. Sure, I know the number, and I signed all the papers, but it's an order of magnitude more than buying a car, which is an order of magnitude more than buying a 4k UHD TV, which itself is one of those things you don't even do every year. Within that context, being able to properly appraise whether that 10k discount (and driveway repairs) are worth it is fairly difficult to do. I got a 6k discount for a roof job that needed to be done on the house, along with an estimate that coincidentally expired before closing, that ended up costing me 11k. I had nowhere near any experience to know if any of that was reasonable, and, quite frankly, I still don't think I would have if I did it again. [[Special:Contributions/172.68.141.64|172.68.141.64]] 18:17, 25 September 2017 (UTC)
βˆ’
::It's not just about evaluating the numbers in themselves, though. It's the cognitive dissonance between on the one hand knowing that $10,000, in the abstract, is a large amount of money (it could make a significant difference to your life), and on the other, it being well within your margin of error in judging what a house is worth. The amounts being discussed are at the same time both meaningless and hugely meaningful.[[Special:Contributions/162.158.155.32|162.158.155.32]] 11:30, 29 September 2017 (UTC)
 
 
: If you're correct as to his age, I'm a chunk older than him and I still identify with comics like this. I've never bought a house and am sure it would likewise overwhelm me, it would be difficult to grasp that I'm considering encurring such a large debt. I too sometimes don't feel like I'm an adult and am just faking, I spent so many years growing up knowing I wasn't an adult that once I became one it was difficult to grasp that this has "magically" changed. [[User:NiceGuy1|NiceGuy1]] ([[User talk:NiceGuy1|talk]]) 05:29, 26 September 2017 (UTC)
 
: If you're correct as to his age, I'm a chunk older than him and I still identify with comics like this. I've never bought a house and am sure it would likewise overwhelm me, it would be difficult to grasp that I'm considering encurring such a large debt. I too sometimes don't feel like I'm an adult and am just faking, I spent so many years growing up knowing I wasn't an adult that once I became one it was difficult to grasp that this has "magically" changed. [[User:NiceGuy1|NiceGuy1]] ([[User talk:NiceGuy1|talk]]) 05:29, 26 September 2017 (UTC)
 
I'm 32 myself and since I'm in the middle of selling/buying a house, I can say for darn sure I feel like this![[Special:Contributions/108.162.216.64|108.162.216.64]] 23:27, 3 October 2017 (UTC)
 
I'm 32 myself and since I'm in the middle of selling/buying a house, I can say for darn sure I feel like this![[Special:Contributions/108.162.216.64|108.162.216.64]] 23:27, 3 October 2017 (UTC)

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