mutenoct/urnal 7mo ago#6309334
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If after reading this you're still feeling bad when someone a lot older than you says, “You'll never build equity by being a renter,” know that you can create an almost equal playing field financially by saving and investing more. Some renters like to sock away the difference in value between rent versus the full cost of home ownership, on top of their regular savings.
property investors are going to charge enough rent to cover the mortgage as well as incidental repairs, and come out with a little extra on top.
if you rent you are most likely already paying the full cost of home ownership, you're just building equity in someone else's property in exchange for having them handle the legwork of calling someone to fix shit when it breaks - with the money they set aside from your rent.
That comparison makes sense if you're renting a whole house for the long term, but renting avoids transaction costs of purchasing and selling a home, and for a rental apartment there might not be an equivalent purchase available. There's also less risk with diverse investments versus going all-in on land that you're also trying to live on.
Snappybeep/boop
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7mo ago#6308041
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The first strike against women will be to quarantine all of them in concentration camps. At these camps, the vast majority of the female population will be deliberately starved to death. That would be an efficient and fitting way to kill them all off. I would take great pleasure and satisfaction in condemning every single woman on earth to starve to death. I would have an enormous tower built just for myself, where I can oversee the entire concentration camp and gleefully watch them all die. If I can't have them, no one will. Women represent everything that is unfair with this world, and in order to make the world a fair place, they must all be eradicated.
I see the poors are pretending to be big wallet niggas again est. 2016
Hello, welcome to 'I see the poors are pretending to be big wallet gangstas again'
This hole exists as a safe space for refugees from the Facebook(MetaTM groups of the same name. Of which there have been several iterations. We mostly exist to poke fun at the state of living in poverty. While it oftentimes is unavoidable, we do aspire to not be meanspirited. Over the years we have co-opted the term 'Peak Poor' to being someone who exudes poverty, regardless of their actual net worth. Trump and Elon both exhibit the peak poor ethos from time to time while still being the top 0.000001%. You can do something peak poor and still be a good person or a generally adjusted one. We all have a bit of poor in us.
We basically fill a niche similar to fatpeoplehate with a bit less actual malice.
PeakPoor is shotgunning mountain dews at 5 years old.
PeakPoor is not people dying of poverty. While technically the greatest heights of poverty is succumbing to it this is not funny, and is a failure
of capitalism. We do not make fun of poverty to be mean spirited such as that.
Read the room, if it's punching down too hard or really digging into someone whos a sympathetic character it doesn't belong here. (basically READ THE ROOM)
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Subscribe to this hole, it's important that we get our numbers up. Love numbers = peak poor
Bonus points for making your post title some variation of peak poor. (Pinnacle of Poverty, Prowess of the Penniless)
I am looking for a mod who will help me grow this place and encourage the facebook community where the majoryity of our members reside
to migrate. Contact me if interested.
I really do love you all so very much, i'm even spending drama coin to get some banners and marseys. thanks for being a part of the community.
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property investors are going to charge enough rent to cover the mortgage as well as incidental repairs, and come out with a little extra on top.
if you rent you are most likely already paying the full cost of home ownership, you're just building equity in someone else's property in exchange for having them handle the legwork of calling someone to fix shit when it breaks - with the money they set aside from your rent.
Jump in the discussion.
No email address required.
That comparison makes sense if you're renting a whole house for the long term, but renting avoids transaction costs of purchasing and selling a home, and for a rental apartment there might not be an equivalent purchase available. There's also less risk with diverse investments versus going all-in on land that you're also trying to live on.
Jump in the discussion.
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good to know it's in my best interest, since i dont have much of a choice anyways
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The first strike against women will be to quarantine all of them in concentration camps. At these camps, the vast majority of the female population will be deliberately starved to death. That would be an efficient and fitting way to kill them all off. I would take great pleasure and satisfaction in condemning every single woman on earth to starve to death. I would have an enormous tower built just for myself, where I can oversee the entire concentration camp and gleefully watch them all die. If I can't have them, no one will. Women represent everything that is unfair with this world, and in order to make the world a fair place, they must all be eradicated.
Snapshots:
https://www.thestar.com/business/personal-finance/so-you-may-never-own-a-home-heres-why-maybe-that-s-a-good-thing/article_e51919f0-f8f4-11ee-8af2-abc0dda935ea.html:
ghostarchive.org
archive.org
archive.ph (click to archive)
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