greygore

@greygore@lemmy.world

• ⁨Comment⁩ on ⁨Bank Workers, Rejoice!⁩ ⁨⁨2⁩ ⁨days⁩ ago⁩:

  If you’re not planning to live there long, I don’t think you shouldn’t be buying; that’s one of the few times I’d choose to rent. I guess maybe if home prices are rising then you can accrue some equity, but then you risk buying at the top of the market. I genuinely how it would compare to a fixed rate mortgage though.

  If you think interest rates are going to decline, you can easily refinance a fixed rate mortgage as well. I don’t see any benefit in that scenario, but there’s a downside in that if rates don’t go down you still have that balloon payment to worry about, and if you don’t qualify for a traditional mortgage, you’re really in a bind.

  Maybe if you’re flipping a house it makes sense, especially if you want to minimize cash outflow. Otherwise, there are so many more downsides that are much more severe than the mild upsides that you might gain. Perhaps there’s a few niche applications that I haven’t considered though.

• ⁨Comment⁩ on ⁨Bank Workers, Rejoice!⁩ ⁨⁨2⁩ ⁨days⁩ ago⁩:

  Not sure if this is what they were talking about, but balloon mortgages are a thing here too. I can’t ever imagine considering one, but they exist.

• ⁨Comment⁩ on ⁨What's your answer? And in the picture which news story is being reported?⁩ ⁨⁨1⁩ ⁨week⁩ ago⁩:

  Because teacher Christa McAuliffe was onboard. I believe they previously broadcast earlier shuttle launches, but by 1986 they were no longer novel; putting a teacher onboard who was planning to teach some lessons in space made educators more interested and so many schools pulled out the TVs to show the launch live. Turned out to be a different kind of education than they expected.

• ⁨Comment⁩ on ⁨Why are people using the "þ" character?⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  I love that this is like that evolution of man painting, but showing how script evolved over the years.

• ⁨Comment⁩ on ⁨Simpler times?⁩ ⁨⁨5⁩ ⁨weeks⁩ ago⁩:

  Plus with almost everyone being related, men don’t have to play that “imagine it was your sister or daughter” game to generate empathy for women. /s

• ⁨Comment⁩ on ⁨Trump Secures Peace Deal Where Putin Gets Ukraine During The Week While Zelenskyy Gets Weekends And Two Weeks In The Summer⁩ ⁨⁨2⁩ ⁨months⁩ ago⁩:

  Yeah, but it’s nice to see them branching out from the one pronoun joke that they keep recycling over and over.

• ⁨Comment⁩ on ⁨Anon crunches some numbers⁩ ⁨⁨2⁩ ⁨months⁩ ago⁩:

  Werner von Braun, the primary architect of the Saturn V rocket that took us to the moon, had plans to get us to Mars by 1984. Not sure that was completely realistic, but it’s hard to believe that 40 years after that we don’t even have any serious plans.

  I’m sorry to hear about your self abuse. This internet stranger is hoping that you’re in a better place.

• ⁨Comment⁩ on ⁨Anon crunches some numbers⁩ ⁨⁨2⁩ ⁨months⁩ ago⁩:

  Less mind blowing but still shocking to me - it’s been 53 years since we last set foot on the moon, much less gone beyond that. Humanity has lost our ambition.