glomag

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.

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.

Is your mind on your money?

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

deleted by creator

That’s a good point. But the US is not offering this same path to citizenship to anyone willing to buy a house in rural Alabama. I assumed these visa programs were aimed at attracting wealthy foreigners which is why the US has something similar for anyone willing to invest $800K in a commercial enterprise. That’s why I was curious if $263K is considered relatively wealthy in Greece and could buy a house even in desirable areas. The fact that apparently this is not the case makes the goals of this program unclear.

“Greece’s golden visa program requires a minimum investment of approximately $263,000 (€250,000) in real estate.”
Is that enough to buy an average house? Is the economy still this bad over there?

Float around and find out

Could you please elaborate on the claim that loans are essentially required for modern life in the US? You might be able to make the argument for a mortgage but even that is not absolutely required. Possibly student loans could be seen as required but those are largely government subsidized/administered and typically given out to younger people who haven’t yet gone through a bankruptcy.

It’s probably bad form to bring this type of comment over from reddit but in this case I can’t help myself.

Username checks out.

Brazil

Take a look at your promised land. Your deed is that gun in your hand. Mt. Zion’s a minefield. The West Bank. The Gaza strip… Soon to be parking lots for American tourists and fascist cops. Fuck zionism. Fuck militarism. Fuck americanism. Fuck nationalism. Fuck religion.

Armored Core 3
Wipeout Pure
GTA Vice City