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Nidhg00670000 posted:Mortgage rates in some EU countries are insanely low right now, which is just making housing bubbles bigger and bigger. We’ve got a 30 year fixed at 2% + fees but that’s before taxes. I haven’t actually calculated our real rate but we’re paying something like a grand USD per month to borrow half a mill. It’s nuts and most certainly fuels the bubble. We’re reasonably secured against an interest hike because we’re guaranteed our rate for thirty years OR we can refinance and shave off debt, but a lot of people on ARMs are potentially turbofucked.
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Oct 17, 2018 09:35
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god house chat is terrifying. My girlfriend has got a serious boner for buying a house ASAP and I'm just following along behind with my barely-minimum-wage earnings. Sure I'd rather dump whatever money I have spare into her mortgage rather than some boomer slumlord. I just don't think she appreciates the costs that come with maintaining a house, particularly the older places she's looking at. It'd be awesome to have a garage and a bit of grass to put the bbq on but you just know every drat thing in the house is going to need replacing and be made of asbestos.
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Oct 17, 2018 10:53
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bolind posted:We’ve got a 30 year fixed at 2% + fees but that’s before taxes. I haven’t actually calculated our real rate but we’re paying something like a grand USD per month to borrow half a mill. Yeah, I'm seriously considering going to a fixed 2% instead, just because of how the winds are blowing at the moment. I'm probably not going to be in this condo in 2-3 years (moving together with my girlfriend after she finishes her ph.d. next year), but those years could hurt.
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Oct 17, 2018 11:06
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Wanna know how rosy the housing market is in Australia? Im 40 mins out from the OUTSKIRTS of Adelaide. Close to an hr out from the CBD, In a small country town that doesnt have mains water (we've got sewer and reclaimed water return, but rainwater for everything else) and bottled LP Gas. Cost us $450K to buy land and build a 180m2 house. Borrowed $350K. Interest rate is 4.91%, 30yr loan period. We're paying AU$1K PER FORTNIGHT to overpay it slightly. Minimum repayments are $2,682. I have no idea how some of the other people in this estate with $600-700K builds actually afford the repayments and then actually, well, living? Bills and that.
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Oct 17, 2018 12:10
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^ that's loving nuts, wow
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Oct 17, 2018 12:40
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Ferremit posted:Wanna know how rosy the housing market is in Australia? Home equity lines of credit!
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Oct 17, 2018 13:05
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Welp, not gonna complain too much about the house we paid £170k for with a decent garden, 25 minutes from work. I mean an extra room for my wife's hobby crap and making the garage a double wouldn't go amiss but I reckon a log cabin/garden office will take care of the first one and a carport will do for the second.
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Oct 17, 2018 13:20
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Man y'all have had some sorry agents. The one my realtor recommends is a deal breaker. She's an exceptional agent though. It's probably worth it to get a second opinion unless your inspector and agent are hardasses.
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Oct 17, 2018 13:26
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slothrop posted:god house chat is terrifying. My girlfriend has got a serious boner for buying a house ASAP and I'm just following along behind with my barely-minimum-wage earnings. Sure I'd rather dump whatever money I have spare into her mortgage rather than some boomer slumlord. I just don't think she appreciates the costs that come with maintaining a house, particularly the older places she's looking at. It'd be awesome to have a garage and a bit of grass to put the bbq on but you just know every drat thing in the house is going to need replacing and be made of asbestos. I'm in the same boat, my fiance's super eager, but I'm barely holding onto savings. She's the breadwinner, and then some, but gently caress are we not in a great spot to buy a house Especially in Chicago
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Oct 17, 2018 14:20
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I couldn’t afford to live any closer to the city- we paid $172K for our 890m2 block of land. Go 15 mins closer to the freeway at Mt Barker and the same sized block of land is $320K And this is Adelaide, where the median house price is $400K. Places like Sydney and Melbourne are just insane with median prices of $1.1M and $900K!
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Oct 17, 2018 14:58
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Ferremit posted:I couldn’t afford to live any closer to the city- we paid $172K for our 890m2 block of land. Go 15 mins closer to the freeway at Mt Barker and the same sized block of land is $320K Where's the crying Melbourne Tram?  This is the sort of thing she's looking at and thinking is just amazing. https://www.realestate.com.au/property-house-vic-preston-129420242
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Oct 17, 2018 15:17
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https://www.dailymail.co.uk/news/article-6282699/Mad-Max-meets-Burning-Man-Awesome-photos-post-apocalypse-style-Wasteland-Weekend.html 2 black thumbs up
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Oct 17, 2018 15:22
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BraveUlysses posted:https://www.dailymail.co.uk/news/article-6282699/Mad-Max-meets-Burning-Man-Awesome-photos-post-apocalypse-style-Wasteland-Weekend.html Cool (Link directly to the photographer, to save you visiting the daily mail: https://www.todseelie.com/wasteland-weekend-cars/ )
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Oct 17, 2018 15:41
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spog posted:(Link directly to the photographer, to save you visiting the daily mail: https://www.todseelie.com/wasteland-weekend-cars/ ) Thank you for dis. However, wtf is this? https://www.todseelie.com/white-supremacists/
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Oct 17, 2018 15:45
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Olympic Mathlete posted:Thank you for dis.
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Oct 17, 2018 15:49
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Mortgage chat: I have a 20 year mortgage at 3.25% in the u.s. and I have paid extra premium since day one and at this rate I would have it paid off in about 9 years (3 years early)  That’s awesome, you say, so what am I going to do now? That’s right, I’m going to build a new house in a much more expensive area and put myself back at the beginning of a 20-30 year mortgage at a much higher rate than 3.25% What is the burning money gif?
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Oct 17, 2018 16:45
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Gingerbread House Music posted:what are you using for bait? A 1988 Honda Prelude SI
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Oct 17, 2018 16:55
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Modus Man posted:Mortgage chat: I have a 20 year mortgage at 3.25% in the u.s. and I have paid extra premium since day one and at this rate I would have it paid off in about 9 years (3 years early) drat that's a good rate since the rate of inflation in the US is like 2.7-2.9 I think.
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Oct 17, 2018 17:04
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Galler posted:Don't cheap out on paint. Cheap paint doesn't save much if any money in the end but it will take a lot more time as you paint the same walls over and over to get good coverage. Pittsburg Paramount worked really well for me. My house had 5 different colors + a bunch of wall patching and I painted over everything with 1 coat of Paramount applied with a power roller. I can't tell where my patches were and I don't notice any differences from the various previous colors. The little 4" trim rollers with the microfiber roller covers are fantastic for doing the corners and top/bottom of walls. nm posted:If you haven't get the biggest rear end in a top hat picky home inspector. This is not the one your agent will recommend.
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Oct 17, 2018 17:39
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slothrop posted:god house chat is terrifying. My girlfriend has got a serious boner for buying a house ASAP and I'm just following along behind with my barely-minimum-wage earnings. NEVER buy a house with anything less than a spouse. That'll be the worst mistake you've ever made.
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Oct 17, 2018 19:06
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Happy legal weed day fellow Canadians  
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Oct 17, 2018 20:41
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Dropped off the earnest money, we'll schedule our inspection on Friday. The wheels they are a turning! My dad swung by so I drove him over to check it out. We trudged around and he is just grinning and smiling the whole time and then he starts to choke back tears and tells me how proud he is of me. Just a great little moment with dad today and it makes me feel even better about this.
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Oct 17, 2018 20:48
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keykey posted:NEVER buy a house with anything less than a spouse. That'll be the worst mistake you've ever made. Disagree. My single house purchase has been amazing for 5 years now.
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Oct 17, 2018 21:05
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AdiaBOOtic posted:Disagree. My single house purchase has been amazing for 5 years now. I think he meant "don't go in on a house with your girlfriend/bestfriend/friend/ex/acquaintance/current roomie". Not "Don't buy a house unless you have at least a spouse, and maybe a couple kids".
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Oct 17, 2018 21:15
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The Prong Song posted:I think he meant "don't go in on a house with your girlfriend/bestfriend/friend/ex/acquaintance/current roomie". Not "Don't buy a house unless you have at least a spouse, and maybe a couple kids". That's exactly what I mean. I bought my house in 2003 when I was single, but I damned sure didn't go in on it with my gf at the time, that would have been a really bad mistake.
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Oct 17, 2018 21:21
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Rhyno I will say I have exclusively used Sherwin-Williams paint to redo my almost 60 year old house and it has held up great for 10 years, it has blended fine with one coat when I did remodeling years later, and they have awesome sales every few months. I am no shill but I'm going to recommend something when I have had nothing but good experiences.
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Oct 17, 2018 21:23
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Rhyno posted:Dropped off the earnest money, we'll schedule our inspection on Friday. The wheels they are a turning! One of the things in the meatpimp arsenal is that I am a certified home inspector. Note that that discipline covers its own rear end more than any other that I've seen. The home inspections are based on defects that are apparent without opening any cavities or modifying anything. It will show basic mis-wired outlets. It will show water damage. It will show basic problems. It will not show covered-up PO fuckery. It will not show anything inside walls, or covered with insulation, or intentionally concealed. It's basically a PPO for a car that shows basic soundness, but does not go into the weeds. Take that as you will. everdave posted:Rhyno I will say I have exclusively used Sherwin-Williams paint to redo my almost 60 year old house and it has held up great for 10 years, it has blended fine with one coat when I did remodeling years later, and they have awesome sales every few months. I am no shill but I'm going to recommend something when I have had nothing but good experiences. I've used SW since the early '90s. I've notices significant issues in the past few years, especially with coverage. Ironically, I've had really good results with Behr. My best friend swears by Benjamin Moore. I think there is some subjective evaluations on paint, since people paint with different styles. I like a heavier, creamy paint, others like it thinner. meatpimp fucked around with this message at 21:26 on Oct 17, 2018 |
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Oct 17, 2018 21:24
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EVERYWHERE 
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Bulk Vanderhuge posted:Happy legal weed day fellow Canadians Fantasic day for my back to go out, now I can just hobble down to the weed store and oh wait the only one in my province is in loving KAMLOOPS of all shitholes
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Oct 17, 2018 21:29
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keykey posted:That's exactly what I mean. I bought my house in 2003 when I was single, but I damned sure didn't go in on it with my gf at the time, that would have been a really bad mistake. Oh derp
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Oct 17, 2018 21:29
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everdave posted:Rhyno I will say I have exclusively used Sherwin-Williams paint to redo my almost 60 year old house and it has held up great for 10 years, it has blended fine with one coat when I did remodeling years later, and they have awesome sales every few months. I am no shill but I'm going to recommend something when I have had nothing but good experiences. All advice is appreciated and will be considered! We're going to do this a little slowly since our schedules are our of sync, probably a room at a time. We're trying to decide if we want to put laminate in the last three rooms that don't already have it. meatpimp posted:One of the things in the meatpimp arsenal is that I am a certified home inspector. Note that that discipline covers its own rear end more than any other that I've seen. The home inspections are based on defects that are apparent without opening any cavities or modifying anything. I was vaguely aware that it wouldn't cover everything. We've picked one that will look over foundation, windows, furnace etc. All the major essentials. Should I be aware of anything that should get intricate look?
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Oct 17, 2018 21:32
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BraveUlysses posted:https://www.dailymail.co.uk/news/article-6282699/Mad-Max-meets-Burning-Man-Awesome-photos-post-apocalypse-style-Wasteland-Weekend.html Fun fact: Karol Bartoszynski (edit: one of the cofounders of the above event, if you didn't read the article) set up a Mad Max mini-event in San Antonio quite some time ago. A convoy of much less threatening machines down the highway to a showing of Mad Max at the Alamo Drafthouse. I drove down from Dallas with my cousin, in my primer-black '70 Cutlass. A bunch of mundanes got scared and called the cops who had been informed that we were doing this. They gathered up a dozen of us who would admit that we had been in the convoy, and arrested us on some bullshit charge like obstructing a highway. We were doing under the speed limit in the right lane. Karol (pronounced "Carl", BTW) was one of the ones arrested. The charges were dropped on all of us, but I (and my cousin, too) still had to drive to San Antonio from Dallas twice, and I had to pay a lawyer, because I didn't qualify for a public defender. Still pisses me off something fierce. Fortunately, the guy who drove his replica Black Intercepto down from Dallas as well didn't get caught up in it. Though the top-loader 4-speed in the car exploded about 30 miles from home, he said. Here's one newspaper story: https://www.myplainview.com/news/article/Mad-Max-fan-convoy-ends-in-arrests-8640132.php I don't recall that anyone had any machine guns, fake or otherwise. There were a couple of late-teens/20-somethings with a prop of the triple-barreled air-crossbow from Road Warrior in the bed of the truck, and those were the two that got the knife charges (they were machetes, like every lawn guy carries...) This would mark the last time I trusted or volunteered any information to a cop. Olympic Mathlete posted:Thank you for dis. A bunch of assholes who should be shot. With their own guns, preferably. EDIT: This is the dude who brought the Interceptor. He's got more now: https://www.youtube.com/watch?v=cF6oQUEfn84 Darchangel fucked around with this message at 21:46 on Oct 17, 2018 |
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Oct 17, 2018 21:33
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The Prong Song posted:I think he meant "don't go in on a house with your girlfriend/bestfriend/friend/ex/acquaintance/current roomie". Not "Don't buy a house unless you have at least a spouse, and maybe a couple kids". i had a friend who went and bought a house with a friend of his in 2008, can you guess how well that went?
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Oct 17, 2018 21:35
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BraveUlysses posted:i had a friend who went and bought a house with a friend of his in 2008, can you guess how well that went? They turned gay and got married?
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Oct 17, 2018 21:36
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AdiaBOOtic posted:Oh derp It's cool, man. We still good. 
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Oct 17, 2018 22:35
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Rhyno posted:I was vaguely aware that it wouldn't cover everything. We've picked one that will look over foundation, windows, furnace etc. All the major essentials. Should I be aware of anything that should get intricate look? How old is the house? I won't touch anything pre-1975, just because there are so many variables. Dangers with paint, wiring, plumbing,etc. Just not worth putting my name on, because you either simply cannot see everything in a reasonable time, or you're going to be taking a full day for $500. Pay attention to how they inspect the roof. Preferable is someone that has a drone rig so that they can get a good view with video. How old is the roof? How old are the mechanicals? When was the last time the AC was checked? The furnace? How old is the hot water heater?
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Oct 17, 2018 22:56
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Darchangel posted:A bunch of assholes who should be shot. With their own guns, preferably. Come now, I'm sure some in that crowd are Very Fine People 
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Oct 17, 2018 22:58
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Rhyno posted:They turned gay and got married? weird way to define "foreclosure"
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Oct 17, 2018 23:08
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keykey posted:NEVER buy a house with anything less than a spouse. That'll be the worst mistake you've ever made. This is solid advice. I won’t be doing any of the owning. I’ll be paying a fair share of the rent. If we get married, that’s great. If not, we’ll I would have been paying that money anyways.
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Oct 17, 2018 23:14
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Should I buy my friends 97 VW Golf and put a new engine in it or nah.
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Oct 18, 2018 02:01
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slothrop posted:This is solid advice. I won’t be doing any of the owning. I’ll be paying a fair share of the rent. If we get married, that’s great. If not, we’ll I would have been paying that money anyways. Also if your gf has a super house boner, it depends on what state you're in. If you're experiencing a bubble and you're anywhere but CA/anywhere with a 180-degree radius of building next to an ocean, then let that poo poo crash before purchasing. I suspect we're going to see a crash when minimum wage here caps at $15 an hour, because of simple economic trends and willingness to pay factors.
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Oct 18, 2018 02:20
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