arrow74
@arrow74@lemmy.zip
- Comment on A conundrum 2 weeks ago:
Once again everyone knows that is debt. Of course it is debt.
It just so happens to be the lowest interest form of debt you can take and even when added with an existing mortgage payment ia still insanely cheaper than comparable rents for the same property.
My statement is “yes homes have maintenance and that can come at unexpected costs. However you can access low interest debt if you need to. And even if you do you’ll still pay less than renting a comparable property for the same amount of time”
Please consider the whole and dont just take snippets out of context. Homes come with costs, still way cheaper than renting. You don’t have to take out a loan for home maintenance. You can, but you don’t have to.
- Comment on A conundrum 2 weeks ago:
I never said it was free and I never said it wasn’t a debt. Like obviously it is a debt, anyone that reads “tapping into home equity” as meaning free money doesn’t understand basic finance.
It doesn’t have to extend your mortgage. You can take it out as a second line of credit as an additional loan to pay back monthly. Obviously the ideal would be to have the savings to cover necessary home repairs, but if you don’t this is typically the cheapest way to get a loan to do necessary maintenance.
Sounds like your sister used her equity to refinance her loan and recieved a payout for the difference. That’s going to restart your mortgage and is probably not the best way to go about accessing home equity.
So yeah don’t take on reckless debt you can’t payback. You can responsibly use your home equity for maintenance if you need to though.
- Comment on A conundrum 2 weeks ago:
I personally grew up quite impoverished and me and my wife did manage to get our home in medium COL area. We don’t have exceptionally high paying jobs nor did we have any help from our families. We just made a lot of effort to build our credit. We’re also not old at all under 30 to not dox myself too much.
A lot of people simply have some wrong assumptions about the amount needed to get a loan. We put down 3%, sure we didn’t get the most competitive rate and our payment is higher, but it worked out to the cost of our then comparable rent. There’s quite a few federal programs that ensure the opportunity for a low downpayment mortgage for first time homeowners.
- Comment on A conundrum 2 weeks ago:
I always find this to be such a poor argument.
Yes unexpected maintenance can sometimes be a huge problem, especially in the first couple of years, but after that you can tap into home equity and repair say a roof. Everything else while expensive is still cheaper than renting. Using the OP’s example 1k vs 500, I can assure you you will never have consistent 500 repairs per month.
As for the taxes my city nearly went ballistic when the city increase the rate by 5%. At the end of the year it costed me $200. Per month that’s about $16. I’ve never lived in any apartment anywhere where rent didn’t increase by at least $50 per month each year. Even if someone had a home twice as valuable that’s still a very small monthly cost.
Additional once you get past the first 3ish years rent prices have greatly outpaced your mortgage and you will be saving a lot of money compared to of you were renting.
I’d like to wrap up with a question. If owning a home was such a sink of resources why do people become landlords?
- Comment on Step 1: Delete 2 weeks ago:
I worked at a pet store back in college and this old lady would sometimes come in and load 2 carts top to bottom with temptations. She said it was the only “food” her cat would eat. I tried to tell her it wasn’t food, but no luck.
I wonder if her situation started in a similar way to your story.
- Comment on ISO 26300 2 weeks ago:
At least for school assignments this is easily fixed by just opening it yourself in the school library and adjusting format. It’s usually pretty minor.
Honestly most of my professors accepted papers saved as pdfs which was helpful too
- Comment on The duality of man 2 weeks ago:
Yes it is, the “reality” for 100 years ago was a lie.
Literally 100 years ago was the great depression. The side was “workers should be able to eat” versus “the workers shouldn’t have rights”
Fast forward 40 years and it was “it’s okay to sit next to black people” vs. “Races should not mix and any attempt to do so should be met with extreme violence”
- Comment on 2 weeks ago:
O*io 🤢
- Comment on holup 2 weeks ago:
If it makes you feel better this would be an unliveable he’ll hole without AC. The American south is no joke.
- Comment on holup 2 weeks ago:
I just turn the air down 2 degrees
- Comment on 🦈🦈🦈 3 weeks ago:
Graded on a curve
- Comment on Fuckin please 3 weeks ago:
Best I can do is record profits and the eventual extinction of humanity
- Comment on Why do i tip my bartender $2 per drink and per bar food order but 20% when I order food from a waitress? Am I tipping wrong? 4 weeks ago:
I have my doubts on if they’ve ever worked a job.
- Comment on Why do i tip my bartender $2 per drink and per bar food order but 20% when I order food from a waitress? Am I tipping wrong? 4 weeks ago:
No, it’s not. When people use the term “unskilled” for jobs it doesn’t mean “you literally have to have zero skills, not even the ability to user your hands, to do it” - it means you only need a limited skill set and is a job that has minimal economic value. Essentially it’s a job that anyone at any stage could walk into and be able to do with minimal training.
That has always been how the skilled/unskilled labor gap has been broken up.
You’ve bought the lie they’ve been telling forever. Every person that goes to work is performing skilled labor. The only thing we do that doesn’t take any skill is being born rich.
Rich assholes that do nothing other than “invest” into a buisness. Every dime made from there is off the backs of working folks. Without our skills the wealthy would be poor.
- Comment on Why do i tip my bartender $2 per drink and per bar food order but 20% when I order food from a waitress? Am I tipping wrong? 4 weeks ago:
The minimum wage when it was instituted was designed to represent the minimum wage needed for a single worked to support a family.
Additionally all labor is skilled labor. You either need school or experience to perform a job. I can drop a highly educated neurosurgeon into a restaurant. Without instructions they will fail at the job.
Anyway, all labor deserves a living wage. If you work a full week you should be able to support yourself comfortably.
- Comment on Just a reminder that our planet is currently the coolest it will ever be in our, and our children's lifetimes. 5 weeks ago:
If you’re going to take an “exit plan” there are a lotnof revolutionary ways to go about it
- Comment on Anon crunches some numbers 1 month ago:
I belive you misread, they said a high number of males with evidence of trauma. Basically a very large percentage of male skeletons showed damage. The origin comment didn’t say there were no female skeletons.
Also depending on the dig site mass graves of men killed in combat are common. Those would obviously lack women.
- Comment on Anon crunches some numbers 1 month ago:
I wouldn’t say genocided per se. We have pretty significant percentages of non-homo sapien DNA. Which implies a decently high degree of inter-breeding.
My money is on a combination of inter-breeding leading to genetic extinction through dilution, resource competition (strained by changing environmental conditions), and of course inter-group conflict.
- Comment on One Angry Man 1 month ago:
Hole
- Comment on Charging to tour rental properties... 1 month ago:
And typically unenforceable.
- Comment on Resources 1 month ago:
You could probably chop 1000 calories and handwash your bottoms more often
- Comment on Resources 1 month ago:
And that’s why our species will die in the muck after we drain this planet of everything it needs to support our lives
- Comment on Resources 1 month ago:
You could double everything in this post too and that’s only 60% consumption.
- Comment on Anon breaks up 1 month ago:
If you look at the numbers in your own post these laws are used very rarely, and in every state a fraction of petitions applied for are granted.
There needs to be actual evidence greater than “ex girlfriend said so” for a court to grant the request.
- Comment on Anon breaks up 1 month ago:
My understanding is there is not a single state with red flag laws that allow all weapons to be seized based on one person’s word. Well other than a doctor giving a professional diagnosis.
For everyone else you have to have some evidence. Either multiple people witnessing threats/harassment video, or text based evidence.
- Comment on I feel like it was on purpose 1 month ago:
And here I am going to get a MA in Archaeology lol.
It’ll work out hopefully. I have been gainfully employed in the field off of just my BA, but Trump has basically ruined that job
- Comment on The night water 2 months ago:
My only hope for the future is that younger generations seem to not care about “political dynasties”. I’ll never understand the boomers obsession with ensure one family keeps power for generations. It doesn’t make sense
- Comment on is homophobia associated with homosexual arousal 2 months ago:
It’s just them not accepting their sexuality fully. Like you can be bi and married to the opposite gender and be just fine.
I think it’s the denial that causes the issues
- Comment on is homophobia associated with homosexual arousal 2 months ago:
I think a lot of these men are bisexual but heteroromantic, thus why suppressing their sexual desires are easier.
- Comment on Lost dog 2 months ago:
Could it happen, maybe. Did it happen, unlikely but possible.