this post was submitted on 15 May 2025
378 points (90.0% liked)
A Boring Dystopia
12157 readers
1500 users here now
Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.
Rules (Subject to Change)
--Be a Decent Human Being
--Posting news articles: include the source name and exact title from article in your post title
--If a picture is just a screenshot of an article, link the article
--If a video's content isn't clear from title, write a short summary so people know what it's about.
--Posts must have something to do with the topic
--Zero tolerance for Racism/Sexism/Ableism/etc.
--No NSFW content
--Abide by the rules of lemmy.world
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
They just did an expensive Reno…. None of your comment makes any logic given that they just did an expensive Reno, they could afford to throw money around.
Maybe, maybe not.
Renovation loans exist, and are often secured against the property (backed by the increased value or against equity).
So there's a real possibility that they only increased their debt and monthly expenses without having the liquid capital for the unexpected tax payments
Sucks to suck if that's the case. If they truly couldn't afford this, they should have been more diligent about researching the potential ramifications of making these renovations. That goes even more so for someone with experience in the field of real property.