kaidenshi comments on Challenge accepted

Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

RULES:

Your post must be a screen capture of a microblog-type post that includes the UI of the site it came from, preferably also including the avatar and username of the original poster. Including relevant comments made to the original post is encouraged.
Your post, included comments, or your title/comment should include some kind of commentary or remark on the subject of the screen capture. Your title must include at least one word relevant to your post.
You are encouraged to provide a link back to the source of your screen capture in the body of your post.
Current politics and news are allowed, but discouraged. There MUST be some kind of human commentary/reaction included (either by the original poster or you). Just news articles or headlines will be deleted.
Doctored posts/images and AI are allowed, but discouraged. You MUST indicate this in your post (even if you didn't originally know). If an image is found to be fabricated or edited in any way and it is not properly labeled, it will be deleted.
Absolutely no NSFL content.
Be nice. Don't take anything personally. Take political debates to the appropriate communities. Take personal disagreements & arguments to private messages.
No advertising, brand promotion, or guerrilla marketing.

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founded 3 years ago

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[–] kaidenshi@lemmy.world 4 points 5 hours ago (1 child)

I'm paying the fixed monthly price I negotiated 20 years ago, back when my house was worth a fraction of what it is currently worth.

A nitpick: no you aren't, unless you don't have property tax and homeowners insurance in escrow paid out of your mortgage payment. I bought a house in 2010, thanks to the 2008 economic crash I picked it up for $43k on a FMV of 90k. I was young and had a low wage job at the time so I went for a 30 year mortgage instead of 15, and my payment with escrow was only $386/month. Fast forward to last year when I sold it, my payment at that point was nearly $600/month due to taxes and insurance both nearly doubling.

Also fun fact, even though I sold it for nearly three times what I "paid" for it, I didn't profit nearly as much as you'd think due to that massive amount of interest I paid over the 15 years of a 30 year mortgage. If I had taken the 15 year loan it would have been paid off for six months before I sold it, and in fact I probably wouldn't have sold it. When you're in your 30s, 30 years doesn't seem much longer than 15. If I bought a house today I would go for 15 years...not that I can afford to buy one today. I'm lucky that I live in an inherited house now but most people don't have that going for them.

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[–] Rivalarrival@lemmy.today 1 point 2 hours ago

A nitpick: no you aren’t, unless you don’t have property tax and homeowners insurance in escrow paid out of your mortgage payment.

I understand where you're coming from. You're not wrong. However, I'm paying those even if I'm renting. (Granted, not to the tax man or the insurance company, but the landlord certainly counts them when he hikes the rent price.) Further, in owning, those expenses continue even after I've paid off the mortgage.

Here, we're looking at the differences between renting and owning. Since I can't avoid those expenses under either circumstance, we can ignore them here. In this same category, we could also include condo fees, homeowner association fees, storm sewer fees, etc.

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