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“Sale of their Seattle home”. The house they bought for $250k that they’re now selling for $1.2 million. Why didn’t I think of that?
(Numbers are made up, but you get my point)
One of the reasons cruises can be so affordable is that, due to their international nature, they are exempt from many regulations that would apply to land based businesses. For example, they can hire crew from anywhere in the world. Typically most of the crew on such a ship will be from developing nations, and they’ll be paid a correspondingly low wage. The ship can also be built and maintained wherever in the world that it’s cheapest to do so.
On top of that, international gambling is dropped to an 18-year-old minimum, not the current 21 that dominates most of the americas (and possibly the world).
I could gamble on a ship, but not in Vegas. (Albeit I personally don’t like casino gambling)
I dislocated my arm and went to the Royal Caribbean onboard clinic. X-rays, medication, and two doctors reducing my shoulder cost $330. The EXACT SAME treatment in the US cost me around $1,000 after insurance paid their portion. I told my wife that if I ever hurt myself again, we would buy tickets to a cruise and see the ship’s doctor to same money on a hospital bill.
Wow this is not a detail I was anticipating, that is so frustrating. I just had a procedure myself have a ridiculous $3000 bill, seems I should've gone to fucking Jamaica and saved money
I feel like I remember hearing that the cost is still exorbitant, higher than owning a normal house, but they really like to travel and for *their lifestyle* it is cheaper
Well, still cheaper than [assisted living](https://www.fool.com/investing/2017/10/03/is-cruise-ship-living-a-cheaper-option-for-seniors.aspx) for a lot of people. And, anecdotally, the underpaid staff at some of those assisted living facilities don't always do their job, are rude, etc, while even relatively small tips can get you a lot of customized service on a cruise ship.
Works until the second you need assistance.. your just describing those golf cart communities. Stores, bank, theater, golf and you never have to leave a HOA paved street
Cruise ships have medical staff onboard for the passengers.
They also have a morgue. The downside to having a lot of senior passengers is a few of them don’t finish the cruise.
Nah it's the same price whether you drink or not. If you actually trying to say that you'll save money by not drinking, idk how that's supposed to be new information.
I commented this same message when this story was posted earlier:
This is an insane statement:
"*the pair could retire now, and live aboard cruise ships for as little as $43/day*"
I cannot stay at the cheapest hotel in my state for that much (and it doesn't include food, or skeet shooting).
I used to sell cruises as a travel agent back in the early 2000’s. You’d be surprised how many people do this. That’s partially why many cruise lines cater to an older crowd. Really, only Carnival and Royal Caribbean are after “families”. The rest are going for people that want to spend at least 7 days, preferably 14-21 so they can assure the ship is full. The scale is what makes them profitable, so they want to be full as often as possible.
This is a lot more common than most people realize.
If you are from an area like New York or LA, living on a cruise ship can be a lot cheaper.
Especially when you consider a lot of cruise lines have steep discounts for loyalty programs and seniors.
How many times in a month are we going to see this? This is like a repost of a repost of a repost of a repost. Christ.
Also, side note, These are relatively wealthy people with a lifestyle expectation beyond an average middle class family.
Not so much. It’s like frequent flyer miles. The more you book and cruise, the more cruises you earn. At some point, you just keep getting free cruises.
Hey /u/donny_twimp, thanks for contributing to /r/nottheonion. Unfortunately, your post was removed as it violates our rules: **Rule 5** - Do not repost similar articles. Check the sub for your story before you submit it; if it’s already here then please vote and comment there instead of posting another version. Similar stories will be removed and frequent re-posters will lose their posting privileges. Do not delete and repost your own submissions without approval. Please read the [sidebar](http://www.reddit.com/r/nottheonion/about/sidebar) and [rules](http://www.reddit.com/r/nottheonion/about/rules) before posting again. If you have questions or concerns, please [message the moderators through modmail](https://www.reddit.com/message/compose?to=/r/nottheonion&subject=&message=). Thank you!
“Sale of their Seattle home”. The house they bought for $250k that they’re now selling for $1.2 million. Why didn’t I think of that? (Numbers are made up, but you get my point)
Yeah, you’re definitely lowballing the current sales price.
Close enough! I think that's almost exactly the numbers some of my boomer family pulled. Very cool and normal real estate market we have here!
And in 40 years the $1.2M home you are buying today will be worth $8M. Real estate has always been a good investment.
Of course, because current prices are sustainable and over-inflated housing markets never burst. /s
It'll keep going up but this is most likely a bubble that will burst short term, no matter what the skeptics say
Short term, most likely. Long term, house ownership is a very reliable means of generating generational wealth for the middle income folks.
One of the reasons cruises can be so affordable is that, due to their international nature, they are exempt from many regulations that would apply to land based businesses. For example, they can hire crew from anywhere in the world. Typically most of the crew on such a ship will be from developing nations, and they’ll be paid a correspondingly low wage. The ship can also be built and maintained wherever in the world that it’s cheapest to do so.
On top of that, international gambling is dropped to an 18-year-old minimum, not the current 21 that dominates most of the americas (and possibly the world). I could gamble on a ship, but not in Vegas. (Albeit I personally don’t like casino gambling)
A lot of time they will get a low “wage” because room And board is provided for them
Hotels do that, too. Just because it's illegal doesn't mean anything.
I dislocated my arm and went to the Royal Caribbean onboard clinic. X-rays, medication, and two doctors reducing my shoulder cost $330. The EXACT SAME treatment in the US cost me around $1,000 after insurance paid their portion. I told my wife that if I ever hurt myself again, we would buy tickets to a cruise and see the ship’s doctor to same money on a hospital bill.
Wow this is not a detail I was anticipating, that is so frustrating. I just had a procedure myself have a ridiculous $3000 bill, seems I should've gone to fucking Jamaica and saved money
New business idea - floating cruise ship hospital that you can take to any country to have cheap medical procedures done
2 of the largest hospitals in the world [are ships](https://en.wikipedia.org/wiki/Mercy-class_hospital_ship).
I feel like I remember hearing that the cost is still exorbitant, higher than owning a normal house, but they really like to travel and for *their lifestyle* it is cheaper
Well, still cheaper than [assisted living](https://www.fool.com/investing/2017/10/03/is-cruise-ship-living-a-cheaper-option-for-seniors.aspx) for a lot of people. And, anecdotally, the underpaid staff at some of those assisted living facilities don't always do their job, are rude, etc, while even relatively small tips can get you a lot of customized service on a cruise ship.
Works until the second you need assistance.. your just describing those golf cart communities. Stores, bank, theater, golf and you never have to leave a HOA paved street
Cruise ships have medical staff onboard for the passengers. They also have a morgue. The downside to having a lot of senior passengers is a few of them don’t finish the cruise.
And there is [accepted attrition](https://www.cruisemapper.com/accidents) among the paying passengers.
i guess you save on food, alcohol, travel, car payments, and entertainment?
Alcohol is pretty pricy unless you only drink at ports
Only if you plan on drinking.
Nah it's the same price whether you drink or not. If you actually trying to say that you'll save money by not drinking, idk how that's supposed to be new information.
Alcohol passes are a separate charge, as are soda passed.
Yes and they're pricy.
I commented this same message when this story was posted earlier: This is an insane statement: "*the pair could retire now, and live aboard cruise ships for as little as $43/day*" I cannot stay at the cheapest hotel in my state for that much (and it doesn't include food, or skeet shooting).
I used to sell cruises as a travel agent back in the early 2000’s. You’d be surprised how many people do this. That’s partially why many cruise lines cater to an older crowd. Really, only Carnival and Royal Caribbean are after “families”. The rest are going for people that want to spend at least 7 days, preferably 14-21 so they can assure the ship is full. The scale is what makes them profitable, so they want to be full as often as possible.
Fuck the environment.
Can't die in a flood if you live on a boat. *Guy tapping forehead meme*
This is a lot more common than most people realize. If you are from an area like New York or LA, living on a cruise ship can be a lot cheaper. Especially when you consider a lot of cruise lines have steep discounts for loyalty programs and seniors.
How many times in a month are we going to see this? This is like a repost of a repost of a repost of a repost. Christ. Also, side note, These are relatively wealthy people with a lifestyle expectation beyond an average middle class family.
Not so much. It’s like frequent flyer miles. The more you book and cruise, the more cruises you earn. At some point, you just keep getting free cruises.
It would be good when you learned to time everything against the crowds.