Menu
News
All News
Dungeons & Dragons
Level Up: Advanced 5th Edition
Pathfinder
Starfinder
Warhammer
2d20 System
Year Zero Engine
Industry News
Reviews
Dragon Reflections
Columns
Weekly Digests
Weekly News Digest
Freebies, Sales & Bundles
RPG Print News
RPG Crowdfunding News
Game Content
ENterplanetary DimENsions
Mythological Figures
Opinion
Worlds of Design
Peregrine's Next
RPG Evolution
Other Columns
From the Freelancing Frontline
Monster ENcyclopedia
WotC/TSR Alumni Look Back
4 Hours w/RSD (Ryan Dancey)
The Road to 3E (Jonathan Tweet)
Greenwood's Realms (Ed Greenwood)
Drawmij's TSR (Jim Ward)
Community
Forums & Topics
Forum List
Latest Posts
Forum list
*Dungeons & Dragons
Level Up: Advanced 5th Edition
D&D Older Editions
*TTRPGs General
*Pathfinder & Starfinder
EN Publishing
*Geek Talk & Media
Search forums
Chat/Discord
Resources
Wiki
Pages
Latest activity
Media
New media
New comments
Search media
Downloads
Latest reviews
Search resources
EN Publishing
Store
EN5ider
Adventures in ZEITGEIST
Awfully Cheerful Engine
What's OLD is NEW
Judge Dredd & The Worlds Of 2000AD
War of the Burning Sky
Level Up: Advanced 5E
Events & Releases
Upcoming Events
Private Events
Featured Events
Socials!
Twitch
YouTube
Facebook (EN Publishing)
Facebook (EN World)
Twitter
Instagram
TikTok
Podcast
Features
Top 5 RPGs Compiled Charts 2004-Present
Adventure Game Industry Market Research Summary (RPGs) V1.0
Ryan Dancey: Acquiring TSR
Q&A With Gary Gygax
D&D Rules FAQs
TSR, WotC, & Paizo: A Comparative History
D&D Pronunciation Guide
Million Dollar TTRPG Kickstarters
Tabletop RPG Podcast Hall of Fame
Eric Noah's Unofficial D&D 3rd Edition News
D&D in the Mainstream
D&D & RPG History
About Morrus
Log in
Register
What's new
Search
Search
Search titles only
By:
Forums & Topics
Forum List
Latest Posts
Forum list
*Dungeons & Dragons
Level Up: Advanced 5th Edition
D&D Older Editions
*TTRPGs General
*Pathfinder & Starfinder
EN Publishing
*Geek Talk & Media
Search forums
Chat/Discord
Menu
Log in
Register
Install the app
Install
The
VOIDRUNNER'S CODEX
is LIVE! Explore new worlds, fight oppressive empires, fend off fearsome aliens, and wield deadly psionics with this comprehensive boxed set expansion for 5E and A5E!
Community
General Tabletop Discussion
*Dungeons & Dragons
WotC Founder Peter Adkison On Hasbro's Layoffs
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Sacrosanct" data-source="post: 9219247" data-attributes="member: 15700"><p>I was being a bit hyperbolic about needing $9 million, but it absolutely is true that a small home is going for a million bucks there. The same home in a city like Minneapolis goes for $250,000. Here in Portland it goes for $500,000. If debt to income ratio for a mortgage is no higher than 36%, and assuming ZERO other debt (like a car or student loans), and a mortgage of a million dollar home with 20% down is around $7-8000 with tax and insurance, then do the math. You’d have to have a monthly income of about $20,000 with $200,000 down. Again, assuming you had no other debt. So a $250,000 salary gets you a 900 sq ft 1980s home on a small lot in Alameda, and a 900 sq ft apartment in manhattan. But if you’re willing to get a fixer home that’s falling apart, you can find one in Oakland in a risky area for $500,000, so you only need to make $125,000 a year with $100,000 down. Yay? Point being, is it realistic for a CEO of a large corporation to only be able to afford a house no larger or fancier than a modern Brady bunch house? I don’t think so. As much as I’d love to see executive pay decrease, that’s never gonna happen. Especially when 90% of that 9 mil isn’t even pay or bonuses. If a large corporation is trying to find a ceo with a sales pitch “You can afford to live here”, you won’t find very good talent for that job.</p></blockquote><p></p>
[QUOTE="Sacrosanct, post: 9219247, member: 15700"] I was being a bit hyperbolic about needing $9 million, but it absolutely is true that a small home is going for a million bucks there. The same home in a city like Minneapolis goes for $250,000. Here in Portland it goes for $500,000. If debt to income ratio for a mortgage is no higher than 36%, and assuming ZERO other debt (like a car or student loans), and a mortgage of a million dollar home with 20% down is around $7-8000 with tax and insurance, then do the math. You’d have to have a monthly income of about $20,000 with $200,000 down. Again, assuming you had no other debt. So a $250,000 salary gets you a 900 sq ft 1980s home on a small lot in Alameda, and a 900 sq ft apartment in manhattan. But if you’re willing to get a fixer home that’s falling apart, you can find one in Oakland in a risky area for $500,000, so you only need to make $125,000 a year with $100,000 down. Yay? Point being, is it realistic for a CEO of a large corporation to only be able to afford a house no larger or fancier than a modern Brady bunch house? I don’t think so. As much as I’d love to see executive pay decrease, that’s never gonna happen. Especially when 90% of that 9 mil isn’t even pay or bonuses. If a large corporation is trying to find a ceo with a sales pitch “You can afford to live here”, you won’t find very good talent for that job. [/QUOTE]
Insert quotes…
Verification
Post reply
Community
General Tabletop Discussion
*Dungeons & Dragons
WotC Founder Peter Adkison On Hasbro's Layoffs
Top