biggest thing in that article.
no a/c no bathroom.
is it hot in san francisco at night?
also where to take piss in the night?
I'm not going to judge the guy, but by his own admission, he only saves $33K over the course of 4 years doing this. Even if we assume that's after tax savings and he'd have to make $48K (guesstimate) in gross salary, that means he's only "saving" $12K a year doing this. On one hand I think the invonvenience of living in a van is not worth saving $12K a year, especially if he only has 22K in student loans while making $100K+ a year in salary. On the other hand he also says that he wakes up at 5:30 and works on personal projects after work until 8-9pm so he really doesn't need an apartment, just a comfortable bed to sleep at night, and paying $1K just to sleep at night does seem kind of steep. My line of thinking it's his life, he can do with it whatever he wants as long as it doesn't cause problems for anyone else which it seems like it doesn't.
Have you been to SF...the whole city smells like a toilet for good reason.
The memory that I have of walking around downtown SF is....dog shit and homeless people everywhere.
That's not dog shit.
I like this story though, I don't think it's story-worthy news. More people should do this sort of thing instead of complaining about having skewed debt/asset ratios.
He sees the big picture that debt tied to no asset drags down your borrowing power and ultimately your income. My wife's school loans were 7.5% APR and were reduced to 6.5% after a year of being out. We paid those loans off fast because they weren't much better than having a bunch of debt on a CC or something....
Kind of related to this thread:
Dilapidated shack in San Francisco sells for 408k.
http://www.sfgate.com/news/article/Did-the-S-F-buyer-who-scooped-up-a-dilapidated-6584073.php
http://mashable.com/2014/11/21/public-poop-san-francisco/#Ce7QBy.gTEqy
Don't get me wrong, I love SF, but I would never call it clean. If I was homeless, it would be near the top of my list for destinations (probably behind SD and Hawaii).
biggest thing in that article.
no a/c no bathroom.
is it hot in san francisco at night?
also where to take piss in the night?
The memory that I have of walking around downtown SF is....dog shit and homeless people everywhere.
That's not dog shit.
Honestly, I think his savings estimates are low. He likely needs a car anyway, so he has one...it just happens to be his bedroom too. But at least he can drive the truck and get basic needs.
If he rents, he'll still need renters insurance. Will want a couch. Likely wants a TV, and now you need furniture to put a TV on. Plus plates to cook on. And electric, gas, water, and internet bills. If you have more space you are more apt to fill it with more shit. I'd guess his total savings are much more than he estimated.
Good for him. He could be crying about how everyone fucked him over with student loans.
"I didn't know the papers I was signing meant I had to pay the money back! I can't read!"
http://mashable.com/2014/11/21/public-poop-san-francisco/#Ce7QBy.gTEqy
Don't get me wrong, I love SF, but I would never call it clean. If I was homeless, it would be near the top of my list for destinations (probably behind SD and Hawaii).
No, it's chilly in SF and all of NorCal at night, all year-long.
You know your homeless destinations, sir. My estranged brother, after being homeless for years in San Diego, saved up enough cash for a ticket to Hawaii where he continues to be "outdoors" in better environs.
you forget ATOT members are almost all millionaires in their mid 20s.So much this. The guy is the polar opposite of the folks whining about their student debt after making a slew of poor choices. How can ATOT not applaud that?
homeless...nope...for some probably mansionless...lololyou forget ATOT members are almost all millionaires in their mid 20s.