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submitted 10 months ago* (last edited 10 months ago) by lambdabeta@lemmy.ca to c/showerthoughts@lemmy.world

My wife does this all the time, and if I don't check before I spritz I get an unexpected ball splash.

NSFW for potential topic sensitivity I guess.

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[-] remotelove@lemmy.ca 4 points 10 months ago* (last edited 10 months ago)

Two houses. My first house was cheap enough not to sell when I moved to another state so I keep it as an investment property. It's also the house where I learned how to do most of my own repairs since I was fairly broke back then. Either you pay someone a lot of money to do home repairs or you learn how to fix things properly so they don't break again.

Home ownership is expensive so it pays to learn everything you can about home repair. As a perk, I take pride in my work so I know it will get done properly. However, I'm not perfect and have made my fair share of costly mistakes. Those mistakes taught me how not to be lazy, so that is nice.

Also, I was ripped off a few times by shady service people. That pissed me off enough to learn how to inspect other peoples work and verify that something is actually broken and that a repair cost is valid. (HVAC companies are the fucking worst, btw.)

[-] SpaceNoodle@lemmy.world 2 points 10 months ago
[-] remotelove@lemmy.ca 3 points 10 months ago
[-] SpaceNoodle@lemmy.world 3 points 10 months ago

Housing is a basic need, not an investment.

[-] mp3@lemmy.ca 6 points 10 months ago

It's gonna be treated as an investment for as long as there aren't safeguards to avoid it (extra taxes on secondary homes, homes that are not permanently occupied, etc)

The best incentive to free up these houses would be to increase the financial burden of multi-property owners.

[-] remotelove@lemmy.ca 5 points 10 months ago

I pay taxes on both properties. To be honest, my old neighbors don't even want me to sell and I may even move back as my career starts to wrap up. I'll gladly ditch the house I am living in now if that is the case.

When I bought the house back in 2008, it was at the peak of the last housing boom. When prices tanked, I was basically stuck with the house unless I defaulted or waited the market out to just break even. Now that I am getting closer to retirement, I can't just give the house away now since there is real equity involved. I am honestly hoping to break even when, not if, the prices collapse again.

We rented it once for way below market prices. The person still managed to cause thousands in damages to the house. After that experience, we are done with trying to rent. We don't want that hassle and we don't want to pay a management company that would force us to charge high rent.

But yeah, I agree. It doesn't make sense for me to sell that home now and there are no extreme financial penalties for me to keep it. If voters decide I should pay additional penalties, so be it. It won't be financially viable for me to keep the house.

Home ownership is not easy or cheap and some people don't understand that. I don't flip houses for a living and I don't own hundreds or thousands of empty homes. Families that own a home or two are not the problem. The issues with housing are at a much grander scale.

[-] Kusimulkku@lemm.ee 2 points 10 months ago

Seems to be both. Housing is a very popular investment

[-] remotelove@lemmy.ca 0 points 10 months ago

Building assets (and options) for retirement is also a basic need. Owning another property, at a minimum, is just a hedge against inflation.

If you have any bright ideas to supplement my retirement in addition to my savings and other financial investments, I am all ears.

I highly doubt that you are going to support me.

[-] SpaceNoodle@lemmy.world 0 points 10 months ago

No, you've already arranged to have someone else support you.

Feel free to invest in anything that doesn't extract wealth from people trying to fulfill their basic needs.

[-] remotelove@lemmy.ca 1 points 10 months ago

What? I don't rent. I tried that once and the person caused thousands of dollars in damages. We were renting as a favor and were charging half of what we should have.

When you have a point or a valid argument, let me know.

[-] SpaceNoodle@lemmy.world 1 points 10 months ago

So you're sitting on an empty house while prices skyrocket and 650,000 Americans go unhoused.

[-] remotelove@lemmy.ca 1 points 10 months ago

Yes. I may move back there one day, actually. I have worked hard to support a family and gather resources for myself. If you consider that evil, so be it. I can't please everyone.

[-] SpaceNoodle@lemmy.world 2 points 10 months ago
[-] remotelove@lemmy.ca 0 points 10 months ago
[-] SpaceNoodle@lemmy.world 1 points 10 months ago

You're the reason we can't have nice things.

[-] remotelove@lemmy.ca 0 points 10 months ago

Do you want a nice thing? Is there something you need or something that will improve your life right now?

[-] SpaceNoodle@lemmy.world 1 points 10 months ago

It's telling that you're only able to conceive of personal wants, and not societal needs.

[-] remotelove@lemmy.ca 0 points 10 months ago

And I'm telling you that it's expensive to retire. If I can't provide for myself, without the assistance of the state or my kids, what use will I be to anyone else? Do you have magical ways to pay for medical bills and college?

If you think I own two massive homes, a huge garage and 6 BMWs, you are mistaken. It's all fairly modest.

This conversation started by me telling people how to maintain a toilet and not get poisoned by sewer gas. The fact that I do my own maintenance should at least speak volumes.

If you actually have something meaningful to contribute or meaningful advice to give, I'm listening. If you are just going to hurl insults and make yourself look stupid, you go right ahead.

[-] SpaceNoodle@lemmy.world 1 points 10 months ago

And I'm informing you that you're hurting other people by "investing" in real estate. You have plenty of other options available that don't make housing less affordable than others. Stop making up bizarre shit that you think I imagine.

[-] remotelove@lemmy.ca 1 points 10 months ago* (last edited 10 months ago)

Home ownership is complex. Life is complex. Both require difficult choices and decisions. I am thinking about retirement now and some rando on the interwebs wants to call me evil because I am making plans for he future? There is no possible way you understand the entire scope of my life, the choices I make or why I even have that house still.

Families that own one or two houses aren't the issue. Banks and private companies that own thousands of houses are the main issue and you are failing to realize that. I don't even own my homes, technically. I am still paying two mortgages, after all.

Your hate and discontent is misdirected. You are making assumptions about things you don't understand, you can't understand or don't want to understand.

You haven't answered any of my questions either. Are you in need of something? Are you a financial expert? Do you understand the costs of living? Do you pay medical bills? Do you pay for kids medical bills? Do you have a job? Can you eat? Cars? Rent?

Until you give me details about yourself, I can't help but imagine that you are way out of your league when it comes to managing money and planning for the future. I have nothing but comments about how I am an evil person to work with here.....

If you think you are changing the world by preaching to others who are just living life too, you aren't. Can you speak with full thoughts and not with short quips or uninformative insults?

Edit: Eh. Don't worry about responding. Your entire profile is just one-liners and you rarely have actual discussions. Should have blocked you a few comments ago, TBH.

[-] southsamurai@sh.itjust.works -1 points 10 months ago* (last edited 10 months ago)

They're just being a cunt because "landlord", which means they can't fucking read

[-] SpaceNoodle@lemmy.world 2 points 10 months ago
this post was submitted on 14 Jan 2024
185 points (88.7% liked)

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