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Old 01-28-2019, 02:46 PM   #1
Nickolas086
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Default Lost heirs a thing of the past?

With everything going up because of inflation it makes me wonder majority of us will die penniless because we have to live pay check to pay check to pay the bills and the loans. It's coming to a point you can't live cheap anymore and eggs and bacon doesn't cost a $1.99 anymore.
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Old 01-28-2019, 03:35 PM   #2
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With everything going up because of inflation it makes me wonder majority of us will die penniless because we have to live pay check to pay check to pay the bills and the loans. It's coming to a point you can't live cheap anymore and eggs and bacon doesn't cost a $1.99 anymore.
I'm sure the younger generations will be genuinely puzzled to hear people actually had piles of money they never used. I thought I was doing badly financially in life until an advisor told me most people my age are $20,000 to $40,000 in debt. I have three and soon to be four post secondary degrees/diplomas in my field and still make the same wage I did in my early 20s.

Still, there has been no end to construction of high rise luxury apartments in my city (9 in my suburban neighbourhood alone) and I still can't figure out who can afford them. THAT would be a great Unsolved Mysteries segment!!

That's not even getting into how cheap houses/food are in the USA compared to here in Canada.
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Old 01-28-2019, 04:17 PM   #3
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Your question made me wonder if any lost heir cases from UM are still unsolved. I don't think they ever found a relative of Curly Green.
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Old 01-28-2019, 04:58 PM   #4
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Your question made me wonder if any lost heir cases from UM are still unsolved. I don't think they ever found a relative of Curly Green.
There's a few.. Most of them are either solved or the money has gone to the state. These are 4 I found that are still open.

https://unsolvedmysteries.fandom.com...Donald_Mullins

https://unsolvedmysteries.fandom.com...of_Dan_Willans

https://unsolvedmysteries.fandom.com...eorge_J._Stein

https://unsolvedmysteries.fandom.com...Mary_T._Torres

Surprisingly, the vast majority are solved. Perhaps not so surprising.. Money brings all kinds of people out of the woodwork.

I do wonder, if money is being held by the state while looking for heirs.. Does it get invested? I mean, if I had a dead uncle who passed in 1988 who had $125k then.. I come forward now.. Do I get $125k or $125k plus interest?
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Old 01-28-2019, 09:12 PM   #5
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I'm sure the younger generations will be genuinely puzzled to hear people actually had piles of money they never used. I thought I was doing badly financially in life until an advisor told me most people my age are $20,000 to $40,000 in debt. I have three and soon to be four post secondary degrees/diplomas in my field and still make the same wage I did in my early 20s.

Still, there has been no end to construction of high rise luxury apartments in my city (9 in my suburban neighbourhood alone) and I still can't figure out who can afford them. THAT would be a great Unsolved Mysteries segment!!

That's not even getting into how cheap houses/food are in the USA compared to here in Canada.
A lot of those people weren't in debt, a lot of them lived through the Great Depression with going without or having less so some of them carried on living like that when they had a job. You notice these individual are single and never married they live the solitary lifestyle having a few friends or no friends. I went college got my two year and my four year degree payed by the tax payers and the govt. I'm the type a person that would rather not go to college if I had to go into debt. I have a friend from Mexico and another one from Peru they were telling me like how thing cost more over here then back home and some of the stuff here is cheap in the US, but not in their country. My Mexican friend was telling me the places where tourist go cost more money then if you were to go somewhere tourist don't go.
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Old 01-28-2019, 11:05 PM   #6
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Still, there has been no end to construction of high rise luxury apartments in my city (9 in my suburban neighbourhood alone) and I still can't figure out who can afford them. THAT would be a great Unsolved Mysteries segment!!
isn't that the truth. Here in Minneapolis they just stated that the metro housing commission considers $1600 a month affordable housing. I don't know who can even afford that, honestly. We also have the luxury apartments and condos going up all over the city and my friend and I are always wondering who on Earth can afford these places. One of the apartments near downtown in the neighborhood I used to live in had tiny studio apartments starting at near $1900!!
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Old 01-29-2019, 12:41 AM   #7
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isn't that the truth. Here in Minneapolis they just stated that the metro housing commission considers $1600 a month affordable housing. I don't know who can even afford that, honestly. We also have the luxury apartments and condos going up all over the city and my friend and I are always wondering who on Earth can afford these places. One of the apartments near downtown in the neighborhood I used to live in had tiny studio apartments starting at near $1900!!
I would kill for those prices (look at my location if you're confused why I would say that ).
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Old 01-29-2019, 08:31 AM   #8
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A lot of those people weren't in debt, a lot of them lived through the Great Depression with going without or having less so some of them carried on living like that when they had a job. You notice these individual are single and never married they live the solitary lifestyle having a few friends or no friends.
I am only somewhat well off BECAUSE I got married and was able to split the bills with my wife: when I was single and quite solitary, I could never get ahead no matter what I did. Having said that, there is a lot of truth in what you are saying. Being a lower-middle income single guy who married a even lower-middle income single gal meant that we both have developed frugal habits: if we were to win the lottery it would be tough to even increase spending aside from getting a better property/house. For example, when eating out I still cannot break the habit of getting McDonalds for supper over a proper, more expensive restaurant because those habits are deeply ingrained.

I have to admit even though I despised the 'Treasure' segments I always enjoy Lost Heirs mainly because of the history lesson they told. Certainly was nicer than hearing about yet another dangerous criminal on the loose.
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Old 01-29-2019, 12:29 PM   #9
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Yeah, I lived in L.A. for a while. Actually at the time (about 10 years ago) the rents weren't *that* bad. I paid $1200/mo. for a 1BR 2 story loft apartment in Studio City. When I looked I had found 1BR for like $880/mo which was only about $100 more than I paid in Minnesota (in the suburbs, though). Actually aside from gas and going out, cost of living wasn't that much more there, and the decrease in payroll taxes I paid out there from what I payed in MN was highly noticeable. So I think it all evened out. I will never understand how people can afford to purchase anything there. Even a condo in my neighborhood would have put you back nearly $1M, which is completely insane.

One of the problems here is that pay isn't going up. I was making essentially the same in 2014 that I was in 2000. I did get small raises but they did not match up with inflation in any way. The way pay is going here I don't get how anyone can afford anything. When I moved back I asked for a full $8 an hour less than I was making for the same job in CA and they still thought I was asking for $4 an hour too much. It's ridic. Housing costs have risen so much faster than pay (for most people here) I have no idea who in the world are buying these expensive places.

Oh yeah, that $1600 they consider affordable? I don't know how easy that even is to find. I have a friend who has a 2BR apartment and she gets a discount on her rent because she works for the company and it's still $1700 a month. I don't know exactly how much she makes but I would bet my life that it's less than $20/hr. I guess it's crazy everywhere.
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Old 01-29-2019, 10:44 PM   #10
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Yeah, I lived in L.A. for a while. Actually at the time (about 10 years ago) the rents weren't *that* bad. I paid $1200/mo. for a 1BR 2 story loft apartment in Studio City. When I looked I had found 1BR for like $880/mo which was only about $100 more than I paid in Minnesota (in the suburbs, though). Actually aside from gas and going out, cost of living wasn't that much more there, and the decrease in payroll taxes I paid out there from what I payed in MN was highly noticeable. So I think it all evened out. I will never understand how people can afford to purchase anything there. Even a condo in my neighborhood would have put you back nearly $1M, which is completely insane.

One of the problems here is that pay isn't going up. I was making essentially the same in 2014 that I was in 2000. I did get small raises but they did not match up with inflation in any way. The way pay is going here I don't get how anyone can afford anything. When I moved back I asked for a full $8 an hour less than I was making for the same job in CA and they still thought I was asking for $4 an hour too much. It's ridic. Housing costs have risen so much faster than pay (for most people here) I have no idea who in the world are buying these expensive places.

Oh yeah, that $1600 they consider affordable? I don't know how easy that even is to find. I have a friend who has a 2BR apartment and she gets a discount on her rent because she works for the company and it's still $1700 a month. I don't know exactly how much she makes but I would bet my life that it's less than $20/hr. I guess it's crazy everywhere.
Yeah, there are definite pros and cons about our respective locations. I hear you guys are about to have a terrible cold snap, if not already. I have never stepped foot in a place below zero, so I'm sure I would be a complete weenie if I came to MN...or most anywhere in the US right now.

And I definitely agree about housing costs versus wages. It's such a shame. Unless you have rent control, you're bound to get an increase if you're a renter, and it's usually at a percentage much higher than the wage you'd receive at your job. I hear about rents going up about 10% in some complexes here, but how many people do you know getting a 10% pay raise each year? Ugh.
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Old 01-30-2019, 12:16 AM   #11
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OMG! It is ridiculous here with this cold. It's -25 right now with a windchill of -50!! To be perfectly honest I can't really tell much of a difference once it's below 0. I was so lucky when I came home to visit when I lived in L.A. I got lucky that every time I came home around Christmas it was around 40, which was still cold (and I didn't have any long pants/jeans, only capris, etc...) but doable. I remember the first year I lived out there, I was supposed to have the gas company come and turn on my furnace and I thought "Oh, I won't need that!" A few weeks later it was in the 50s and 60s and I was so cold I had on like 4 hoodies and every blanket in the house. By then it took 2 weeks to get the gas co. out there!
(sorry for going so OT everyone!)
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