by AD ➕follow (1) 💰tip ignore
« First « Previous Comments 4,866 - 4,905 of 5,669 Next » Last » Search these comments
As far as hybrids are concerned, does anyone remember a taxi company that used Prius’s? Cars used as taxis are pretty good proof of quality.
You will get financially raped doing this.
GNL says
You will get financially raped doing this.
Seems like everytime a buyer steps into a dealership, this is what the sales staff wants to do.
Everyone is trying to fuck you. Best to teach your kids this fact early on.
https://finance.yahoo.com/news/montana-man-68-begs-moratorium-100200538.html
https://finance.yahoo.com/news/montana-man-68-begs-moratorium-100200538.html
Saving money in your younger years is a thing?? No? Live frugal when young. Sock away as much as you can. There's no excuse at 68 to be broke. I don't care how much people dislike 401k's, but it's a protected asset. You can eat shit personally/job wise and keep that money and default on everything else. Compounds tax free. At 68 you could easily draw down $100k/yr and still be adding $30-50k back into the account. No kids. Taxes covered and hopefully a paid off home.
My dad burned through $750k of his 401k to keep his mostly shit real estate "empire" afloat. This was the 90's. He could have just BK'd and gave the properties back and that 401k would be about $5M right now. He spent the money to keep the properties. Which he ultimately lost anyway besides a few of them.
I think this is the case anywhere you’re able to finance anything. A looong time ago, I had a 1995 Mercury Cougar (I would buy another one if I could find a low mileage one. I loved that car) and the transmission was acting up. I took it to AAMCO. I wasn’t sure I wanted to fix it and as fast as he could, the shop owner pulled out a finance option. I laughed in his face. Then I took it to another shop and they put a new gasket on the transmission housing(?) and the car ran perfectly for another 75k miles. Everyone is trying to fuck you. Best to teach your kids this fact early on.
This also explains how the GSEs get their funding, for those of you still confused.
UkraineIsTotallyFucked says
This also explains how the GSEs get their funding, for those of you still confused.
You still have to acquire money before you can loan it out.
I predict that property taxes will, at some point, go to the moon.
As in, it will be cheaper to live on the moon than in a McMansion?
McMansions will become multi-family dwellings.
The open border is where 90% of the money is wasted, from crime to free healthcare and pressure on rents, housing prices etc.
I predict that property taxes will, at some point, go to the moon.
The open border is where 90% of the money is wasted, from crime to free healthcare and pressure on rents, housing prices etc.
“The proposed activity is intended to provide homeowners with a cost-effective alternative for accessing the equity in their homes,”
$31k/year for a 60 year old 3/2 of 1500 sq ft.
What the FHFA clowns are really talking about are LOANS that must be qualified for that happen to use the house as collateral. Loans that must be paid back with interest.
SunnyvaleCA says
$31k/year for a 60 year old 3/2 of 1500 sq ft.
Which city in California is this in? I have friends who live in Corona, California. Beautiful weather most day of the year but I wonder if the taxes are worth it? Both are physicians, make good money, so money is not an issue for them.
I live in Cleveland, Ohio, weather sucks. So, good weather is valuable to me. Hope to move on from here but not sure where. I guess we will follow our kid to the city where he gets his job and decides to live, there is nothing like family, even the best weather pales in comparison.
People recently buying shacks in my neighborhood already have taxes to the moon. $31k/year for a 60 year old 3/2 of 1500 sq ft. That pales compared to the $160k/year interest on their mortgage, but still.
https://finance.yahoo.com/news/home-prices-begin-to-come-down-in-pandemic-boomtowns-like-austin-tampa-090042087.html
Home prices begin to come down in pandemic boomtowns like Austin, Tampa
« First « Previous Comments 4,866 - 4,905 of 5,669 Next » Last » Search these comments
https://finance.yahoo.com/news/pimco-kiesel-called-housing-top-160339396.html?source=patrick.net
Bond manager Mark Kiesel sold his California home in 2006, when he presciently predicted the housing bubble would pop. He bought again in 2012, after U.S. prices fell more than 30% and found a floor.
Now, after a record surge in prices, Kiesel says the time to sell is once again at hand.