Putting a roof over your head
Ilene Dover
Continuing the bipolar articles that can't decide between silly and serious...today's serious subject is one that is near and dear to my heart - housing.
For those of you who have not yet realised, a Q1 house is an investment that can make you money. All we have to do is some basic maths, but no worries, I'll walk you through it. With pictures even.
The most important thing to realise is that a house earns you something called an overtime ticket. You get one every hour and they don't expire. Collect 24 tickets and you can work an overtime shift. No penalty rates, just your base salary... The house will last for a week (7 days). So, you can earn up to 7 days extra income.
We need to find out two things to know whether a buying a house is a good idea or not. Firstly, and just like the real world, it is important to know how much money you make working your clicker finger into the ground. The game being occasionally helpful tells you under "My Companies", which is where you wind up if you click the button to complete daily tasks. You'll wind up seeing something like this, complete with buggy post-mission display.
🙂
Deduct Work Tax ($0.60) from Gross Salary ($60) to find how much filthy lucre gets added to my bank account after the dicktator gets his hands on it. $59.40, which is pretty good money if I do say so myself. Thanks Skynet.
🙂
Next, again just like the real world, we need to know how much a house is going to set you back. Completely unlike the real world, a bank is not waiting in the wings to sell you into middle class slavery for 30 years - you're going to need the cash up front. You can find this by clicking through the Marketplace screens. I'll assume you can do that - if you can't then give me a shout.
You'll wind up seeing something like this.
The price is circled in red, for those of you old enough to need glasses. Now, a house lasts for seven days. Some simple maths tells us that if our net salary (that is, salary after tax) multiplied by 7 is greater than the price of a house, well, you win. In my case, $59.40 x 7 = $415.80. The house costs $449, which is clearly more. So, no go there - the house costs more than it is worth (no surprises there for the Aussie market...).
I can hear you yelling, what gives Ilene, why am I wasting my time reading this junk?! Well, eAustralia is a small market in the grand scheme of things. One of the few good side effects of being partly occupied is ready access to another country's marketplace. Jump across the border to Peru, or any other country that is bigger than ours. Click on the flag, circled in blue above, and change it (to Peru in this case).
You'll wind up seeing something like this.
The price is circled in blue. And wow, what a difference! A quality Peruvian built house is only $290. The difference between $290 and what I earn over seven days ($415.80) is as good as money in the bank. A princely $125.80 is not to be sneezed at if you're as poor as I am.
So, do your research carefully. Odds are you can find a house that suits your income level.
Oh, and just in case you weren't convinced, you get 50 extra energy (so 550 usable and 550 stored) as thrown into the bargain. Look how much energy bars cost to buy, and see if you can find the better value product!
Comments
Skynet improve eAustralia economy more than Plato 🙂
To my bank balance, yes. And probably others. But he also raised the work tax for everyone's work-as-manager company (it is 10% up on last week). Good for the treasury, but harder on the citizen.
Good viewed, i didn´t realize it.
Work tax is calculated on average wage. Average wage is heading high quickly, since it seems Rusty D is following suit.
Ilene, unfortunately I had to raise pays. I normally paid 7.01 cc plus a 2 gold bonus, however many people don't see it is actually more money for them (plus better for beginners so they have gold for the upgrades). So I set a higher daily wage (but cheaper for me) to get the workers that I need.
We all have to do what we have to do, no point in apologising for a commercial decision. 🙂
Running the numbers:
$60/shift ($120/day with a house) --> $840/wk ($550/wk after house cost). About 2.5 gold/wk at the current exchange of $240
$7/day + 2 gold/wk --> $49 plus 2 gold. About 2.2 gold/wk at the current exchange.
You win on either count as you either get double production for 15% more salary costs, or cheap production.
If you offer $7/shift+ 4 gold/wk for working overtime shifts, then your commune looks substantially more attractive. In fact, the higher the gold exchange rate ($240 today!) the better your commune looks, for prospective bitche...err...employees.
Voted by a fellow Q1 house promoter.
Voted.
Great advice and something i did not know.
Thankyou for the info.
"Receive 1 Overtime Point every hour from each active House."
I find this odd. I purchased 2 houses and it doubled the time the house was active instead of doubling the overtime points as it suggests above.
You need different quality houses to get a double serving of overtime chips. Theoretically you could be earning 7 overtime points every hour, though I have never seen a house for sale higher than Q5.
The only house that makes sense in an economic sense is the Q1 house. That one makes you money if you're careful. The Q2+ houses do not make you money. But they may save you money, if you were planning on buying an energy centre or a great big pile of energy bars.