glomag

joined 1 year ago
[–] [email protected] 4 points 3 months ago* (last edited 3 months ago) (5 children)

I'm sorry to be pedantic but this is a pet peeve of mine. If you bought a house you would not have any mortgage payment. You (and everyone else usually) are talking about financing a house.

Maybe I'm the crazy one but when I buy something I like to look at the total amount that I'm paying for it.
If I wanted a house listed for $300,000 5-years ago and I wanted to finance it, the rate might have been 3% so the total amount I would be paying would be $455,332.36 over 30yrs. Therefore I would only finance if I thought ~$450,000 was a fair price. If I thought the house was only worth $300,000 then I would need to pay in cash.

Today rates are at 7% so a house listed at $300,000 actually costs $718,526.69 when financed. Do I think the houses I see listed for $300,000 are worth over $700,000? No. Do I have more than $300,000 needed to afford to pay in cash? Also no. Therefore, I'm not buying.
*These calculations are ignoring the down payment but the principle is still valid.

[–] [email protected] 0 points 3 months ago

They ASK overworked people to do this for FREE. Not the duplicating part though, that would be very expensive in most cases and require its own funding.

[–] [email protected] 19 points 4 months ago (1 children)

Where's my boy Doug?

[–] [email protected] 31 points 4 months ago (1 children)

If they're going to get the same suspension either way, they might as well..........

[–] [email protected] 4 points 4 months ago

I believe that was Norway.

[–] [email protected] 1 points 6 months ago (1 children)

Is your mind on your money?

[–] [email protected] 3 points 6 months ago

But nice cause I texted Haiti
90 lady cops on the road and I'm arrested for doing 80

[–] [email protected] 7 points 7 months ago

Damn, I like The Smiths, Radiohead, Joy Division, Nine Inch Nails, Pavement, and Weezer. Somehow I managed to cover the whole board.

[–] [email protected] 3 points 7 months ago

Elon Musk wants to know your location

[–] [email protected] 2 points 7 months ago (8 children)

Cirno plushes are limited and in high demand?

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