glockenspiel
@glockenspiel@programming.dev
- Comment on Owing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury you 3 weeks ago:
This doesn’t fit the narrative, but a lot of American states have lower effective property tax rates than European nations. There exceptions on both ends of this of course (like TX which is making up for a lack of income taxes).
People should look them up and compare European nations to major us cities and states. Europe ends up with not only higher income taxes, but also higher property taxes overall. And a completely insane financing method like having adjustable rate mortgages being normal, locked only for a period of 3 to 5 years before basically being forced to refinance. Little wonder that property ownership rates are generally so far below american ownership rates.
No system is perfect and people with means tend to find every flaw in them (and plant those flaws if they are wealthy enough). But people really need to remember that the grass is always greener because of all the manure.
- Comment on Owing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury you 3 weeks ago:
Either way for California he wouldn’t be affected because Californiamnproperty taxes are effectively snapshotted at time of purchase and grandfathered for people like him. If he truly bought or built 50 years ago and ows it outright then prop 13 has long capped what he pays decades ago.
People like him, in California, are subsidized by the modern generation who don’t get capped by prop 13. And when he sells that house it’s value gets assessed at current market value and full taxes are due from the buyer.
Put shortly, his story is likely bullshit if he’s from California. And people without houses and salty about it need to do some research.
- Comment on Owing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury you 3 weeks ago:
The wealthy often have near zero or net negative income. It’s one reason why income taxes are optional for them but property taxes ultimately aren’t.
- Comment on Owing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury you 3 weeks ago:
No. Capital gains taxes are not taken from your residence.
…does anyone in this thread actually own a residence or at least conduct a basic level of research before forming strong opinions?
- Comment on Owing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury you 3 weeks ago:
No, $40k/yr in property taxes is insane unless your parents own several mansions, even for Texas where the highest property tax rates are around 2.5%. Even if you tack on millages and bonds and other things there’s no way it gets near that.
There’s a lot of bad takes and clear misinformation from disaffected people in this thread. Stuff like this should be obvious.
- Comment on Youtube deletes and strikes Linus Tech Tips video for teaching people how to live without Google. Ft. Louis Rossman 6 months ago:
Yeah, people defend Linus and other faces like MKBHD for one huge reason: Parasocial relationships.
Just look at all the conversation happening in this thread with people defending the figure of Linus (and others). Influencers, even tech influencers, make money because they can monetize those people.
And Linus appeals primarily to the folks who like thinking of themselves as the tech person in the family or at the office, but really they are no more technical than slotting a stick of RAM into a case on average.
- Comment on What a week 7 months ago:
Probably the people—accurately—pointing out that Mozilla has also adopted Manifest V3 along with Google. Google is doing it to curtail (“kill”) ad blockers. Mozilla is also now in the advertising game, and secretly began a telemetry program which is opt-out only. And, given how we shouldn’t trust orgs with financial motive, very well could opt you back in with future updates exactly as Microsoft does.
Plus, their current CEO has a history, and Mozilla as a whole faces dicey times ahead if their Daddy Google is forced to stop buying exclusivity deals by the U.S. government.
So take your pick I guess.