- 65 Posts
- 55 Comments
It is useful to have lots of stupid laws. It makes people feel powerless and frustrated. It means the police can always find excuses to persecute you.
The technicalities of the individual laws are not important. It’s the psychological effect of the whole body of laws on a people.
3·2 years agoWow I was not expecting that to be so good
That seems to be normal over in the USA. The authorities are totally willing to do this whenever it suits them. But fortunately they are aware that more people have cameras these days.
141·2 years agoJust use schwalbe marathon. They are puncture proof and last forever. I once got home and picked a shard of glass as king as my fingernail out of one.
21·2 years agoMost people haven’t. We all have a filter bubble.
Here is a first draft, my attempt to provide the missing context. Please leave comments on anything bad or missing you notice. https://lemmy.ml/post/4848742
Background? Link?
That all sounds like brigading emotional nonsense. In fact, there were strong reasons for Russia to invade. It is probably true that Russia was manipulated into invading, it had no choice because of strategic decisions made by Ukraine. It’s a shame none of the people you talked to were able to argue the issues sensibly.
Yes, buying is always better.
Do you still believe this after reading this article? If so, where in logic of the article do you think is the flaw?
if you can afford to buy, it’s better financially long term because your money is going into something that you can sell
This is the only point addressed by the article. Do you still believe this after reading it? If so, where in logic of the article do you think is the flaw?
Yes that’s exactly it. Thanks for the link.
1·2 years agoThis process of investing your saved money to grow your wealth by choosing investments that align with your financial goals is called wealth creation.
I guess it is. I don’t cover I’d this article the financial difference between buying and renting, because most people already understand that. Buying is usually better.
1·2 years agoYou make a lot of points. To explain all of those things, I would news to make a very long post. i think i will do that when i get time.
1·2 years agoSome of the other comments have decent explanations.
where
When I talk about inflation here, I am referring exclusively to inflation in house prices. The effect of inflation in other markets is not covered here.
1·2 years agoOh like a security for further borrowing? Could be.
Yes. But consider the whole cycle. You must buy before you can upsize/downsize. And if you have children who need to upsize again. The homeowner always loses from inflation in the end and the investors always win.
borrowing against that value
Yes I guess so.
counter against inflation, estate planning
I think you still lose. You can only realise the benefits by selling and being homeless. Your estate has higher value which is wiped out by your children buying houses at inflated prices.
people who downsize
They do really profit from inflation. But if they have children who then want to buy houses, overall the family loses just the same. Only investors win in the end.
prices don’t rise uniformly
It is true. I just limit the scope of the argument to uniform changes, to make it easier to explain. Including the effects of non-uniformity would make it much longer.
access to cheaper credit
You mean how it is cheaper to remortgage than to get a normal loan? This is something I did not consider. Does that change anything for the overall argument?
still better to have an asset that is also increasing in price
Yes true.
Simple? It would be easier to have some time per night when the streets are not lit.