>
>
>
> --- In asianamericanromance@yahoogroups.com, "Khwan" <khwan@> wrote:
> >
> >
> >
> > --- In asianamericanromance@yahoogroups.com, Furvert <furvert@> wrote:
> > >
> > >
> > > Supporting family has many levels of comfort and varies with where you live.
> > > I personally think $25,000 income per person in the family will support
> > > them quite well, anything more is luxuries. But that amount does need to
> > > adjust for location, what is fine in the Midwest is not enough on the
> > > coasts due to housing costs.
> >
> >
> >
> > I think that amount need to be adjusted VERY much. And I think you need to make clear and define what you think is luxuries and what others might think .
> >
> > In Los Angeles. That $25,000 might pay for a 2 bedroom apartment. But will not even start to pay for other costs-electricity. water. etc.
> >
> > When you add costs like food. Car payment. Insurance. Even more money is needed before you can can even start living.
> >
> > So what is luxuries? Going out the eat? A car? Going to movies? Going to concerts? Traveling? Cellphones?
> >
> > Moving from another country has many expenses. Long distance calls. Traveling back home to visit relatives. Etc. Are these luxuries not included in $25,000?
> >
> > And is the $25,000 before or after taxes?
> >
> >
> >
> >
> >
> >
> > Also. Since this Group is about AsianAmerican relationship-and many here came here to get married on Fiance Visa you have to think that many people can not get job very fast when they first start living here.
> >
> >
> > And I still not know where all of these cheap houses are. I do reasearch and it say that the CHEAPEST city in the USA (in Iowa) average price for a house is $80,000. That is the CHEAPEST in the country. The average prices for house in the USA is $320,000.
> >
> > So maybe it cheap in your area-but for most people it not same.
> >
> >
> >
> > KHWAN
> >
>
> As I said 25,000 per person in the family and in the Midwest. Iowa is one of the Midwest states.
>
> So a family of 4 at $100,000 a year income would live decently in the Midwest. More is needed in other areas MOSTLY for housing costs as the other costs do not vary as much. So I suppose a better range needs to be calculated for a few sample cities. Home pricing just went through a major collapse due to high inflation and lending, so prices could have changed recently as well. That 3 bedroom home in the second largest city of Nebraska has gone from $30,000 through $100,000 in the last 20 years. The land it sits on has gone from $3,000 to $30,000 simply because there is less city land to build on. But the city expands at more than 5,000 people a year and more farm land gets turns into housing. Smaller towns are still a lot cheaper but that is changing as they turn into suburbs of the larger cities. But certain minimal standards for entertainment is needed as well, though so is safety. Would you allow your child to walk somewhere alone? Not in many cities, but there is far less problems with that in the Midwest. But that too is changing...
>
> Ooops, I just checked and the company that sold the 3 bedroom home has raised prices from when I last looked. They are $148,000 now for the same home that sold for $30,000 20 years ago. Well it would have newer appliances but mostly the same design.
>
> This is not a statement of my income. For example I lost a $500,000 contract at the last second last year because the boss's son in accounting messed up. That foul up meant it could not be done in time so they had to cancel. Oh well that cost them over 3 million as a result but I made nothing out of it even though I put in a huge amount of effort designing it. But they may decide to do it eventually in which case I make a lot. It just shows income can jump about crazily.
>
> But money is something that anyone could get in huge amounts now days. The question becomes how much is really enough. If you have more than you can reasonably use, should you keep it? Or should you spend it to help others?
>
> And when you speak of Billions there is no doubt it is more than is needed for any life style. So hording such assets is bad for many people. Sadly it is such gathering of wealth that is hurting this country. But I suppose I should get off my lazy butt and make a few billion to be able to show by example... And maybe having it would cause me to fail that test. But I help others no matter how little I have at the time, so maybe I would pass. Being a Nice Guy has problems, many just see you as someone to take advantage of. That has become the issue with big business, they have lost the Ethics and only see the $$$, who cares what damage is done to others as long as they make more $$$.
>
> But this has wandered a bit off course and still it shows Sharon's 2 million may not be that much more than what is needed in much of this country. It appears I may need to raise my standards?
>
I just thought I would toss in some references
http://www.trulia.com/home_prices/ gives average sale prices in areas and can zoom in quite a lot for specific areas
http://www.hartlandhomes.com/homes/floor_plans.htm Gives examples of decent priced new homes in my area. I would like to find the equivalent in California for comparison
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