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Joined 1 year ago
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Cake day: June 26th, 2023

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  • I buy my cars solely as transport. I usually buy the cheapest thing I can find that has the amenities I want (AC, Bluetooth, heated seats) with the best gas mileage I can get. Typically ends up being a Honda Civic or Toyota Corolla.

    I don’t give a shit about cars. I’d rather spend that money on home improvements and my family.










  • They’re not construction prices lol. Construction costs are like 5% of the total value of a home. The other 95% of the value of a home is due to houses being treated as assets in a speculative market.

    Landlords want the prices to increase because it increases the value of their asset, which allows them to leverage it for greater loans to buy more assets, etc etc to eventually sell at hilariously inflated prices for massive ROIs. Or alternatively to charge massively inflated rental costs pegged to the value of the home. Higher value, higher rent, more $$$ in the landlord’s pocket.

    So far costs of homes have only gone up since the 70’s. A house worth 200k 20 years ago is now worth 1.2 Mil. It is an excellent rate of return. The market shows no signs of slowing down, forget about getting cheaper. If you have the capital to invest, it’s basically free money. Or at least, it has been for the past 5 decades. I don’t see why it would stop now. Maybe climate disasters or war, we’ll see.