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scaredyclassic
Participant[quote=JPJones]You should buy a place there! I hear housing is cheap. XD
Once you’ve bought a place and moved up, report back after Winter so we can see how well this opinion holds up. No? Still good? Try again after summer. It broke 100 this year and if you think AC is scarce in SD, boy have I got news for you!
Canada isn’t better or worse than the US. It’s just a little different.[/quote]
I live in Temecula . We broke 100 all summer and I don’t have ac.
Vancouver seasonal lows are actually comparable to Temecula, not NYC.
Canada has water.
But I’m too old to make this move.
Participant[quote=an][quote=scaredyclassic]Lots of species are going extinct quickly. Why not us?[/quote]
Darwin[/quote]If the earth were real estate, and we were tenants, the landlord would have evicted our shitty selves generations ago . We are like tenants ehobsetvupnavmethblab in the kitchen and crap in the front yard
ParticipantLots of species are going extinct quickly. Why not us?
ParticipantThere’s breweries everywhere….
The dollar is super strong at the moment.
Some internet research supports the proposition that Canadians are objectively nicer. But could just be a result of not living in a deranged fucked up country?
ParticipantBeing vegan does not mean eating only greens.
October 8, 2022 at 5:52 AM in reply to: You folks that took out 30 year loans / refinances at 3% or lower…you’re banking now. #826797ParticipantSo if you have no extra monies and refinance, I agree, it’s all gravy. But if you have a 500k mortgage and much more than that in monies to possibly pay it off, and you refi, you are gambling you can do better than the interest rate you’re paying, after tax.
Gambling. Yep. Not a bad bet, but gambling.
October 6, 2022 at 2:27 PM in reply to: You folks that took out 30 year loans / refinances at 3% or lower…you’re banking now. #826790Participant[quote=an][quote=scaredyclassic][quote=an][quote=scaredyclassic]So basically at the end of the day, if you could pay your house off and don’t, you refi and have a pile of money to gamble with at 2-3 perc interest.[/quote]
uh… no[/quote]ok. a pile of money to “invest” and hopefully beat the 2.5% you have to pay, really 3.0 percent return before taxes. a couple negatvie years and you will be a long time coming back at a small interest rate differential arbitrage.[/quote]
History said no. Not hoping but historical data.[/quote]history?
past results do not predict future returns.
Participant[quote=an]the thought of having to only eat green makes me want to vomit[/quote]
have some beans and rice. you’ll not vomit.
In fact, unlike the steak, it won’t hurt your colon.October 6, 2022 at 1:44 PM in reply to: You folks that took out 30 year loans / refinances at 3% or lower…you’re banking now. #826787Participant[quote=an][quote=scaredyclassic]So basically at the end of the day, if you could pay your house off and don’t, you refi and have a pile of money to gamble with at 2-3 perc interest.[/quote]
uh… no[/quote]ok. a pile of money to “invest” and hopefully beat the 2.5% you have to pay, really 3.0 percent return before taxes. a couple negatvie years and you will be a long time coming back at a small interest rate differential arbitrage.
ParticipantI’ve eaten many cows over a lifetime, but the thought of eating meat now makes me want to vomit. People change. I think anyone who fully faced reality would not want that meat.
Smithfield protestor tackled hard by rams player…
October 6, 2022 at 4:55 AM in reply to: You folks that took out 30 year loans / refinances at 3% or lower…you’re banking now. #826780ParticipantSo basically at the end of the day, if you could pay your house off and don’t, you refi and have a pile of money to gamble with at 2-3 perc interest.
October 5, 2022 at 9:16 PM in reply to: You folks that took out 30 year loans / refinances at 3% or lower…you’re banking now. #826777Participant[quote=an][quote=scaredyclassic]ok, but what about the years when interest was zero or close to it. if the money was sitting around waiting for this arbitrage, you were losing money for it sitting in a checking account waiting for this opportunity.[/quote]
Who said it was sitting in a checking account doing nothing? There are many places you can invest. More real estates or the stock market. How much has rent gone up over the last couple of years?[/quote]You can lose money too, waiting for interest arbitrage opportunity.
October 5, 2022 at 10:37 AM in reply to: You folks that took out 30 year loans / refinances at 3% or lower…you’re banking now. #826772Participantok, but what about the years when interest was zero or close to it. if the money was sitting around waiting for this arbitrage, you were losing money for it sitting in a checking account waiting for this opportunity.
ParticipantCapitalism is disgusting. Cheap meat.. ..us and the pigs.
have you seen the movie dominion? jeeeez.
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