They’re a cross between BMW drivers and incapable Prius drivers from the oast when they were the first hybrids.

Aka, you have the douches driving like entitled dicks because of the speed and prestige of the brand, and then you have the eco focused clueless drivers putting around.

I tend to keep a wary eye on all teslas because either way, they’re unpredictable.

Mama murder pact

How would your point of view differ if you had bought your house right before the crash? Your entire outlook on the wisdom of paying yourself via principal vs a landlord seems to be based on your particular (lucky) circumstance that you got into the market at a time where your monthly cost for mortgage was comparable to rent prices at the time. So locking it in time was a good decision.

That is not the case anymore. I have presented numbers to support that argument, even if it’s overly simplified for simple calculations.

And you’re seemingly ignoring the distinct possibility that housing prices may tank, at which case locking your rate at twice comparable rent would be a terrible situation.

Right now, my money is parked in other investments. We are keeping an eye on the housing market, but paying $300k as a down-payment for the privilege of doubling my monthly housing cost does not seem like a financially prudent decision, when my money is making more in its current investments. And given that if we took a loan out now, we’d probably refinance for a lower interest rate at a later time, reseting the interest/principal schedule anyway.

This is the reality of the market right now. Your outlook is not applicable in today’s paradigm.

That’s making done huge assumptions that you have no way of knowing will be reality.

Rent may go up. It may go down.

Housing prices may go up. It may go down.

Locking yourself into a mortgage for “fixed rent” may end up closing you hundreds of thousands more than apples to apples rent. Taking the above scenario, you’re paying about $360k more in the first 10 years than you would renting, if rent prices don’t go up over that time period.

Yes, both rent and housing tend to go up over time. But who knows what the immediate future holds anymore. Housing prices are starting to contract. There’s more push for high density housing, which people generally think will lower rent (I disagree, but I’m against the grain here).

One thing I’ve learned from economists is that despite all their expertise, they’re very bad at predicting big events that have huge impacts on the economy. And we’ve been getting a lot of those the last few decades.

I rent a house for $4600/mo. To buy this same house in the same neighborhood, it would be roughly $1.6m, tho prices are starting to fall a little on these higher cost neighborhoods, so let’s say $1.5m for a deal.

With a 20% down-payment on a 30 year fixed rate loan, it would be close to $10000/mo (including insurance and property taxes).

Also, the lions share of your mortgage goes to paying down interest for the first decade or so.

So let’s say $1k goes to principle per month. You’re still burning twice as much money owning as renting.

The only financial upside is that you may be able to sell for more than you paid. Minus Realtor fees, whatever renovations / maintenance you made over the years, etc.

The current market is insane.

Edit - so I’m not talking in complete generalities, I glanced at the interest/principal ratio. No idea how accurate this is.

After a year of mortgage payments, 31% of your money starts to go toward the principal. You see 45% going toward principal after ten years and 67% going toward principal after year 20.

https://www.americanfinancing.net/mortgage-basics/mortgage-payment-explained

I don’t know what the ratio is in the first year, maybe 100% interest?

So at a monthly payment of $9800, $7864 of which is towards mortgage, that’s $2437 / mo towards principal from years 2-9.

So essentially you’re burning $7363 instead of $4600 for the hope that your house increases in value when you sell it.

Fiscally speaking. There are a lot of other pros and cons to owning.

Trump is already planning on introducing a mechanism to fire generals he doesn’t like. A review board consisting of retired generals. I don’t know what would be required to pass that, but I assume a simple majority in House / Senate, plus a predetermined ruling in the inevitable SCOTUS challenge, will certainly go his way.

You (not you personally) chuckle fucks didn’t vote against this. Great fucking job.

There’s no lesson to be learned. They will blame it on the Dems for not being attractive enough. They’re still saying that about 2016.

You’re surprised? I wouldn’t have been surprised if Dr Phil was his pick.

Yep. And as much as I’d like to blame 3rd party voters, even if they all voted Harris to giver her the majority, she’d have still lost due to electoral college.

I will absolutely blame the non-voters though. And the 3rd party voters still get part of the blame.

Oh, don’t worry, their mental gymnastics will allow them to smugly blame the DNC while the world falls to pieces.

They’ll fart into their glasses and huff while recounting how it was the DEMS fault for being unattractive, even while the fascists dismantle the checks and balances, pass a federal ban on abortion, Russia slaughters Ukrainian men, women, and elderly by the thousands and ships their children off to Russia to be prepatrioted.

They’ll say Isreal would have done the same under Harris as they completely repell or slaughter the remaining Palestinians out of the west bank and move on to Lebenon.

They’ll shrug as hundreds of thousands of immigrants, illegal or otherwise, and rounded up and thrown in camps or shipped over the border with no recourse besides an intentionally ineffective appeals process if they actually happened to be here legally.

Etc. Etc.

They’ll just blame it on the Dems. Just like they have done since 2016. And they’ll feel great about it.

But then everyone will think you’re a nazi. Because you’ll smell like all those masked nazis you doused.

Rofl, victim complex much? “Punching down” like you’re some repressed minority for having shitty prioritization skills. Jfc

I honestly wouldn’t be surprised if they are Isreali or Russian psy ops accounts (or at least useful idiots that have bought the psy ops).

When the war started, Lemmy was overrun by the “criticism of Isreal is antisemetic” accounts. That was rejected pretty hard. Those guys disappeared, and the “never genocide” people took their place.

It almost seems like a change in tactics to achieve the same goal.

Obviously, this statement was not targeting you specifically. “You” is targeted towards Trump voters and non-voters.

We knew what was on the ballot. I don’t care that the DNC could have done better. When the choice is “meh” vs literal Nazis, you’re a damn nazi if you didn’t vote directly against them.

I’m fucking done mincing words after voters gave them the House, Senate, POTUS, and all the god damn courts.

Trump also said he’d aggressively deport and sort through the mistakes later. He’s going to deport legal immigrants too, and I very much doubt they’ll let them back in without an extensive legal battle. Which will never move forward because he’ll intentionally starve the court system (like congress already did at his order) so that realistically, they will never get through the system.

Great fucking job giving Nazis free reign, you stupid, stupid, evil fuckers. You had a choice to fight nazis when it was easy. Just a vote. But you chose nazis, one way or another.

It’s not about changing their minds, it’s about keeping them from influencing others. But yeah, that obviously wasn’t effective either.

Also Cali would turn red quickly. I don’t think our voter numbers show the true story. There are a lot of MAGA crazies in CA. I just doubt they bother voting atm because they know it’s pointless.

If you dunk chunks of raw bear in it like an Oreo, you sure can!

Go ahead. Let your anti science cultists get themselves sick. I don’t fucking care anymore.

It feels like we’re living in the middle of one of those cultist documentaries, where 29 years from now the stupid fucks that survive are going to be on camera going “I know it sounds weird, but it was really compelling at the time”. Except this cult doesn’t even have fun drug fueled orgies.

Yep. I thought fighting the constant barrage of disenfranchisement was important during the election year (sigh). They were out in arms trying to disenfranchise as many progressive/leftists as they could. Fighting them was important to keep voters from throwing the bath out with the bathwater due to an imperfect reality.

Well, we lost. Now I can mute these pieces of shit who are gleefully watching the world burn and trolling with “it would have happened anyway under Harris!”.

This thread has tripled my block list already, and it’s going to be huge by the end of the month.