hintklb

8 ms·

61.
by hintklb 1y ago
SF is the poster child of a HCOL where buying makes absolutely no sense. Even if rent increases a lot, the buy to rent ratio is so horrible that it could continue to increase for MANY more years before buying could make sense. I invite you
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by hintklb 1y ago
I don't know if I agree. On average renting a room out of your place is the same as buying a place as a rental investment with the difference you can claim you live there (which gives you some small tax advantage). In general, real est
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by hintklb 1y ago
This is the argument that buying a house serves as a subpar, forced investment for most people. But I don't know if I agree with you, I understood in my twenties that housing was generally a bad investment. We are now 10 years later an
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by hintklb 1y ago
Because the mortgage and the rent are completely different numbers. The rent is the maximum you will ever pay for that period. The mortgage is the minimum you will pay and doesn't include the downpayment, repairs, HOA, Insurance and ta
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by hintklb 1y ago
You are exactly right and I will add this to my post. This calculator get most things right. As an exercise, you can try to retroactively put the numbers for the house you bought and the rent equivalent. The results might surprise you: www.
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by hintklb 1y ago
I live in the US and I'm aware of this. Those tax deductible interest should be calculated in the complex buy vs rent equation. In fact, even when taking them into account, it still doesn't make sense for most Americans to own. (I
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by hintklb 1y ago
Realizing that buying a house is absolutely not a good investment and that the whole society is on a narrative to convince more and more people to blindly buy (realtors, lenders, other homeowners, the governments, parents,...) Doing the rea
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by hintklb 1y ago
Understanding the concept of Opportunity Cost and how it applies to everything in life. - Buying a house: Is this the best return I can get on a downpayment. (Spoiler: It is not). - Accepting a specific job offer: Is this the best way to sp
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by hintklb 1y ago
it's called renting. Americans are obsessed with owning a home at all cost. This means that you are effectively bidding against people that do not even do the math. They are ready to spend Millions of dollar on something that is compar
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by hintklb 1y ago
I tried to stay spontaneous and being able to do things on a whim. But most of my friends focused on partner/work/kids with the infamous 3 month in advance fully booked calendar. At some point you have almost no other choice than
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by hintklb 2y ago
I never even understood why people even think Airbnb is a tech company. They basically operate a pretty simple website. Most of their busines is about arbitrating issues when they come. This has nothing to do with tech. I would bet that Uni
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by hintklb 2y ago
Surprised to hear this because I had a very weird experience on my last stay. (and it will always be last as I will never stay at an Airbnb again). Airbnb sided with the Host for some fabricated damages because the host was mad we told them
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by hintklb 2y ago
Funnily enough I went through something similar 3 weeks ago at an Airbnb in France. The host retaliated because we had the audacity to tell her that the place was unclean when we checked in. She claimed 2000$ of fabricated damage and as you
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by hintklb 2y ago
Use booking.com for discovering hotels then book direct. Never had issues doing that
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by hintklb 2y ago
had the same experience with a wildcard host that went absolutely full lying during our stay just because we told her that the place was not really clean. She went full damage on us as a revenge. Trying to charge us 2000$ for fabricated dam
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by hintklb 2y ago
My advice to everyone is to never book an Airbnb if you value your time and sanity. After a couple OK stays I had an absolutely horrible experience. The place was super dirty and the shower was clogged. The hosts tried to play nice and made
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by hintklb 2y ago
A lot of those catering services get close to free Snacks to fill Tech offices. Their bet is that you will like them and get used to them and buy them once you get used to them (And I sadly must say that worked on me).
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by hintklb 3y ago
Did they though? No price announced which means it's not even clear if investors and employees were made whole.
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by hintklb 3y ago
No price announced which usually means it is not an amazing outcome. Employees might not even make anything depending on the strike price.