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Boeing faces strike of about 32,000 workers

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Boeing faces strike of about 32,000 workers

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Old 09-15-2024, 03:17 PM
  #41  
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Originally Posted by GoodJet
I'm not terribly good at math but thats probably 40K of property taxes a year if it isn't on a large parcel. At curent interest rates 10K a month?
4mill, 15% down, 4% property tax, 7% interest. About 38k a month
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Old 09-15-2024, 06:53 PM
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Originally Posted by WHACKMASTER
Good for him. What’s the point?
in the grand scheme of things it is a GREAT move, to have the CEO back at the factory town.

But the optics of buying a 4 million dollar home during contract negotiations will not play well to the union members.

.
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Old 09-15-2024, 06:58 PM
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Originally Posted by Profane Kahuna
in the grand scheme of things it is a GREAT move, to have the CEO back at the factory town.

But the optics of buying a 4 million dollar home during contract negotiations will not play well to the union members.

.
the CEO of Boeing buying a 4 million dollhouse is the equivalent of you buying a cargo trailer and putting a cot in it. He can afford quite a bit more. Plus 4 million is cheap in the Seattle area. Lots with a boarded up shack run a million.
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Old 09-15-2024, 07:55 PM
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Originally Posted by Profane Kahuna
in the grand scheme of things it is a GREAT move, to have the CEO back at the factory town.

But the optics of buying a 4 million dollar home during contract negotiations will not play well to the union members.

.
I don't buy this line of reasoning whatsoever but we can agree to disagree.
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Old 09-15-2024, 08:35 PM
  #45  
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Originally Posted by Bigpimppilot
4mill, 15% down, 4% property tax, 7% interest. About 38k a month
Show me a bank that does a jumbo for 4mil with 15% down and 7%.
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Old 09-16-2024, 04:42 AM
  #46  
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Originally Posted by dera
Show me a bank that does a jumbo for 4mil with 15% down and 7%.
im curious too because i got quoted 6.25 on a 1.6 million dollar loan through the aafcu. I’m sure he has the stocks to cash out.
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Old 09-16-2024, 05:19 AM
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Originally Posted by Bigpimppilot
im curious too because i got quoted 6.25 on a 1.6 million dollar loan through the aafcu. I’m sure he has the stocks to cash out.
rich people often dont cash out stocks to buy stuff. They use the stocks as collateral to get a loan to pay cash. Not a mortgage. Save on capital gains taxes AND your money keeps growing independent to the value of the house.

Taxes arent that bad there, $4million homes in Bellevue and seattle range from 20-35k. Looks like payments around 24-28k a month. Guys know pilots buying $4million houses??? Or did they buy some place in the 80’s that is now worth that much?? Thats nuts
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Old 09-16-2024, 08:03 AM
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Originally Posted by Profane Kahuna
in the grand scheme of things it is a GREAT move, to have the CEO back at the factory town.

But the optics of buying a 4 million dollar home during contract negotiations will not play well to the union members.

.
What kind of house is a F-100 CEO supposed to live in?
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Old 09-16-2024, 08:05 AM
  #49  
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Originally Posted by AllYourBaseAreB
Guys know pilots buying $4million houses??? Or did they buy some place in the 80’s that is now worth that much?? Thats nuts
We'd be talking about older pilots. If you bought a house 15-20 years and it appreciated (it would in most hub domiciles) you could roll that equity into a bigger house, possibly more than once. Even if you bought ten years (mine has almost doubledin that time).

I know, Dave ramsey says to keep your starter home.
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Old 09-16-2024, 11:58 AM
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Originally Posted by rickair7777
We'd be talking about older pilots. If you bought a house 15-20 years and it appreciated (it would in most hub domiciles) you could roll that equity into a bigger house, possibly more than once. Even if you bought ten years (mine has almost doubledin that time).

I know, Dave ramsey says to keep your starter home.
damn, if we start acknowledging this, how can we keep sh**ting on the young people who actually cannot afford to follow the roads we did? we might even start thinking national policy priorities should shift to alleviate the problems instead of propping up extractive boomer and genx wealth-building policy
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