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Joined 1 year ago
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Cake day: July 16th, 2023

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  • OldWoodFrame@lemm.eetoMeta (lemm.ee)@lemm.eeThreads?
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    8 months ago

    I'd like to have access to the content without having my current stuff swamped. I guess the question is how the algorithm treats an instance with a lot more activity. If it overwhelms, I can just go get a different username and monitor them separately.

    Also how does Threads deal with sublemmys? Seems like this might be more of a question for Mastodon.


  • If you're firmly going to buy a house in 2-3 years, putting a down payment into stocks just adds volatility to the amount you're putting down, meaning volatility to the type of house you're able to afford and/or whether or not you are able to afford a house at all. Stocks usually go up 10% ish as a long term average, but they could easily go down 20% in both of the next 2 years.

    If you're willing to take the risk and maybe wait up to 3 more years or something to actually buy a house, probably putting them in stocks helps you because the money grows faster. But most people, for lifestyle reasons, want a house in the next 2-3 years and that timeline is firm and not really relying on that money to grow. That is why the advice is usually a CD or high yield internet savings account like Ally or Discover.


  • I don't think so. In theory it sounds great, but it's a little bit of the power fantasy "what if I was the landlord?"

    The lack of a profit motive helps but you still get taxed on a growing property value, and you probably have to pay at least some of the people...there's always going to be repairs needed and plumbing to be fixed and a new roof every decade or two. And since those prices are going up, rent will keep going up by necessity.

    So it's a lot of work and fundraising to provide a good deal for not actually that many people. If a community gets priced out of a neighborhood except for the 4 people in your multiplex, you haven't really combatted gentrification much.








  • Some vacation homes are not habitable year-round, I'm not like making that up. There are cabins on Minnesota lakes without insulation, you want to bus people from the streets of LA there and call it the cure for homelessness? It's so good that it is impossible that we could improve the idea by doing both and giving people more options?

    My imagination doesn't end on what gets the votes, it's that there are people who need help right now, so I think we should work with the system we have now to do SOMETHING. It doesn't preclude still doing your thing when possible. Waiting for the revolution is the same as doing nothing to the people who need help right now. You can smugly pretend that anything less than your one idea is inhumane so we shouldn't do anything to help anyone, but why not advocate for any solution that can help people?