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ate poo poo on live tv posted:Yea that sucks, but even with a fixed rate mortgage if the value tanks, you are just SoL. With an ARM, if the value tanks AND inflation drops, then maybe you won't be paying as much in interest. How are you poo poo outta luck with a fixed rate mortgage if the value tanks? You live in the place and that alone has inherent value. Back when poo poo fell apart in 2008, the smart money shows were telling people who were underwater on their mortgages to just leave their keys and abandon their homes, because "it made no sense to pay more for something than it's worth." By 2011-2012, those homes had mostly regained their value and then some, and the people / organizations that came out ahead were the ones who bought those abandoned homes out of foreclosure.
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May 6, 2022 20:18
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Grapplejack posted:Phoenix also has the whole 'no water' thing staring it in the face There are houses in coastal Washington that are for sale while they're actively falling into the sea
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Jun 7, 2022 16:00
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Cabbages and Kings posted:A friend sent this 13% is insanely high in a market where housing availability is already kept below demand to enrich rent seekers.
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Jun 8, 2022 16:03
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Rates were over 8% as recently as 2001
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Jun 15, 2022 17:30
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anime was right posted:houses did not cost at minimum 500k in 2001 Low rates are one of the reasons they do now though
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Jun 15, 2022 17:37
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I bought for $120k in 2015 with ~$80k left on the principal and I keep getting emails for cash-out refi at against an estimated $218k.
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Jun 15, 2022 18:22
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actionjackson posted:if you click on the homes nothing happens lol lol
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Jun 16, 2022 00:21
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Woodsy Owl posted:So individuals are getting priced out of the market with high rates, leaving institutional investors to gobble up the surplus. Lovely. Institutional investors were going to do this whether rates were high or not A buyer who needs a mortgage and thus contingencies was never going to be a competitive buyer compared to cash offers with all contingencies waived.
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Jun 16, 2022 00:25
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The Oldest Man posted:How the gently caress is that still happening with the market the way it is rn I get six+ texts like this every week
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Jun 16, 2022 00:31
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I just send back pictures of guillotines. No one has ever responded
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Jun 16, 2022 14:43
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Jonny 290 posted:former 2 year fulltime RV dwelling veteran here - did '14-16ish in a 37 foot class A with a washer/dryer etc. Just drive over bridges in Chicago when you want to dump the shitter, duh
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Jun 17, 2022 02:30
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Cold on a Cob posted:from what i've read/heard, it's even worse now than it used to be too Tennessee just passed a law banning camping on public lands in an attempt to gently caress over the homeless it also hosed over people like me, who bikepack and won't be going to Tennessee now
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Jun 17, 2022 02:33
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Xaris posted:used to able to pull over overnight at like rest stops. it's actually kinda funny rest stops are even a thing in america, or were i guess. I used to do a lot of driving for work 1997-2002, it's cool to know that poo poo I did on the regular (sleep at rest stops, pull over to piss) will get me arrested now.
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Jun 17, 2022 02:40
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trickybiscuits posted:Is there any consensus on the smallest appropriate amount to take a former landlord to small claims court for? My ex-landlord is holding back money for repainting a room, which he shouldn't have done because in this state landlords can only take deductions if they return the remainder of the deposit within two weeks and provide documentation of their costs. It's not a lot but I could ask for damages, including punitive damages (landlord has violated the law before, and frankly I'm furious at how I bent over backward to be a nice, compliant tenant). Is this Pennsylvania? That sounds exactly like the PA law and in PA (landlord tenant act of 1951) your landlord owes you treble damages no matter what if they violate the two week return + documentation limit.
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Jun 19, 2022 03:29
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Ornery and Hornery posted:how do we as buyers figure out if a special assessment is coming? the condo is for sale
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Jun 29, 2022 14:05
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The Oldest Man posted:it's a condo  some spicy HOA fees
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Jun 30, 2022 00:17
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bitmap posted:what the hell are you getting for 1300 a month over your mortgage to live in what looks like an office from the 70's in...pittsburgh? security keeps the poors out although afaict the rich and famouos around here just live on a controlled access island in the river, a highrise condo is passe now.
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Jun 30, 2022 17:02
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bitmap posted:50 apartments in that building. must be one hell of a shithole if it cost 65,000 a month to maintain. It hangs down the side of a cliff, I'm sure that complicates maintenance somewhat
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Jul 1, 2022 14:37
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The Oldest Man posted:When you have 10k and decide to put a barn door on your shower instead of replacing your nasty rear end yellowing jetted corner tub Probably a lot of cum stains in that thing that they want to save
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Jul 14, 2022 15:42
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AnimeIsTrash posted:Don't care about barn doors, I just want a house. 
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Jul 14, 2022 15:49
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AnimeIsTrash posted:I'd love to gentrify appalachia but Dolly P is already on that. 
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Jul 14, 2022 15:57
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All the barn door assholes are going to feel stupid when suicide doors become the hot new house trend
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Jul 14, 2022 16:39
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H.P. Hovercraft posted:oh boy central air I just put central air in my 1907 house works out pretty good, I was spending $210/mo in the summer for AC with two window units and a portable, now I'm spending $170/mo at the height of summer
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Jul 20, 2022 01:23
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My ducts were put in the house in the fifties. They're fine
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Jul 20, 2022 15:50
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This place went up for sale around the corner from me  Not a bad profit for just living somewhere for 18 years
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Jul 20, 2022 16:28
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I don't have any insulation in my walls but there are like three layers of wood shingles + insulbrick + vinyl siding on the outside so it works just as good.
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Jul 20, 2022 19:22
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If you don't expect much out of life and you aren't too picky about where you live, you can still buy a palace for cheap in Pennsylvania north of I80.  The entire region has been economically dead for decades but hey, cheap houses.
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Jul 20, 2022 19:37
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Jul 20, 2022 19:41
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Nothus posted:I went to grad school with a guy from Shamokin. Confirmed that it is a depressing shithole. I grew up there. Threw all my poo poo in my car in 1999 and drove here. Best thing I ever did.
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Jul 20, 2022 20:01
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https://mobile.twitter.com/wealth/status/1549781913564581891 Mama Mia!
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Jul 21, 2022 14:15
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Ammanas posted:for the past month youtube has been shoving videos of europeans/british people moving to rural central Portugal to establish homesteads in my recs All of this is astroturfing just like the media blitz here last year of people moving to Texas from California to avoid "covid lockdowns", which were definitely real stories about real people and not advertising paid by Texas.
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Jul 21, 2022 15:44
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MickeyFinn posted:Ohh yeah, when I lived in Italy, COL was trivial and I was paying too much as a dumb American, too. I showed up at the hospital with a minor emergency, an apparently fake healthcare card provided by the company I was working for, and no idea what was going on and they still treated me, uninsured, for 45 euro. The pills I needed afterwards were 6 euro. If you have no reason to stay where you are and can get work in Italy, it has its virtues. You might have to be white, though. I'd consider it if Europe paid computer people like the US does.
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Jul 21, 2022 15:44
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actionjackson posted:I would definitely consider it, but I would basically have to abandon my parents. Obviously there are other factors in play as well. It makes you an official Goombah
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Jul 21, 2022 15:49
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mawarannahr posted:don’t miss your chance to get a powerful meme citizenship Why the gently caress would I want to move from one religious fascist nation to another one
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Jul 22, 2022 01:55
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how do I move to china? That's the real ticket
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Jul 22, 2022 02:02
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It's insanely funny to me that citizenship is a concept of the last 150 years or so. Before if you were in a place you lived there, gently caress it.
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Jul 22, 2022 02:07
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Jonny 290 posted:fart simpson seems to have a pretty fuckin good life ngl yeppppppppppppppp
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Jul 22, 2022 02:45
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I'm currently looking at upstate PA river cabins, the poo poo our parents owned for summer time fun They're all 200K+ if they're salable. Anything under $100K are disasters with six figure assessments due to sewage issues. very cool.
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Jul 22, 2022 02:47
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Very carefully
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Jul 22, 2022 14:12
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I've posted in the past about the realtor scam that people use, at least in this state, to get houses cheap before they ever show up on the market. At any given time in the US there are 5-10 times the number of licensed realtors compared to houses for sale. In Pennsylvania, realtors get early access to the MLS and to housing auctions. The local paper has a section about residents and their houses which is usually just a thinly veiled advertisement before the houses go up for sale. https://www.post-gazette.com/life/h...es/202207220006  Whoops, turns out she's a realtor.  Wonder how she put that realtor's license to work  It's a great scam if you're fine with loving over everyone around you, I guess.
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Jul 22, 2022 14:28
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