• SpaceCowboy@lemmy.ca
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      9 hours ago

      Only when you’re selfish.

      Come to think of it, if being selfless is a burden to you then you aren’t really selfless.

  • altphoto@lemmy.today
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    8 hours ago

    How much would you expect back if you gave someone a loan for $500,000.00 after 3 years, 5years, 10years?

    Calculations:

    After 3 years: 500,000×(1+0.0430⋅3)=500,000×1.129=564,500.
    After 5 years: 500,000×(1+0.0438⋅5)=500,000×1.219=609,500.
    After 10 years: 500,000×(1+0.0468⋅10)=500,000×1.468=734,000.

    Ok so 64,500/3/12=$1792.00 would be your fair monthly rent since the landlord would put that money away and expect a return for that investment.

    For 5 years it would be $3,042.

    For 10 years it would be $6500. Clearly a better investment.

    Except that when they get your rent they can put that money into the investment system again and get much more money overtime.

    First month say 1000 (super cheap tent on a cardboard box behind a Wendy’s).

    Second month 2040 assuming 4% per month.

    $41,000 after 3 years, $67,000 after 5 years, 170,000 after 10 years at 4.3% APR.

    If the rent was 3000, that would be $510,000 after 10 years. This is not a good investment if you paid $900,000 for that house. You want the return in 5 years so the rent would be $5708.00 per month.

    And that right there is why our rent is so expensive. We are basically ensuring the profit of a nice steady percentage to some investor. Now, if you didn’t ever invest in the house, your house would eventually become land. So you do want to pay to keep that thing looking good, but maybe not 4.3% per month?

  • Jankatarch@lemmy.world
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    22 hours ago

    Do NOT be kind to your landlord.

    My landlord lost their house gambling so I offered them to rent one of my rooms at discount as a roommate.

    Now whenever my rent increases due to cost of living, I increase their rent due to cost of living.

    We are in a sick perpetual cycle and both our rents went up 5000% yesterday. We are comrades in this pain and promised to protect each other if liver selling operation goes wrong.

    It’s a hateful bond, an adversarial friendship, and a dying survival. Somebody please help!

    • Polisheocket@lemmy.zip
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      13 hours ago

      New fridges are a joke anyway. Mine broke after 5 years. I have a garage fridge better then my new one

    • db2@lemmy.world
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      1 day ago

      If that fridge is still happily running then be happy, they literally don’t make them like that anymore.

      • bloogoose@lemmy.zip
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        24 hours ago

        It leaks water on the floor, causes my power bill to go up and grows mildew around the seals weekly…

        • db2@lemmy.world
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          23 hours ago

          It’s low on refrigerant and effectively unfixable. Depending on where you’re at you can probably withhold rent by putting it in an escrow account until the landlord fixes the problems. You have to tell them by certified mail, and if appliances aren’t included in your rent agreement don’t do it because you’re already screwed. In that case get your own fridge and keep the receipt.

    • X@piefed.world
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      1 day ago

      Have you sincerely and cheerfully wished your multibillion dollar corporation landlord a happy and prosperous birthday, and have you gratefully and bravely remitted no less than three (3) months of your (useless to you) money?

      No?

      You’re what’s wrong with society.

  • Salamanderwizard@lemmy.world
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    1 day ago

    Our landlord wanted us to pay for the ac being fixed…during the hottest part of July.

    You could be on fire in front of me, and I’d piss on you. Tell me you’re a landlord and I’ll need the first month and last month deposit first.

    • ChickenLadyLovesLife@lemmy.world
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      2 hours ago

      My last landlord put a clause in the lease that made me responsible for any sewer line repairs. I was like what the fuck is this? He said it was because tenants tend to flush shit you shouldn’t flush and that’s why sewer lines need to be replaced. To his credit (sort of) he took that out when I said no way I was signing. He was a member of that species of landlord that just puts whatever into leases because some people will sign anything.

      The one thing he did that I liked which surprisingly does not seem common in rental leases was to require me to purchase and maintain renter’s insurance. Not because he gave a shit about my stuff being stolen or lost in a fire (which renter’s insurance covers) but because it’s a source of coverage in the event of damage caused to the place by the renter. It was only like $15 a month so hardly a big deal.

        • Th4tGuyII@fedia.io
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          14 hours ago

          The gross bit sure, but from my understanding pissing on them would help put them out due to piss being mostly water

          • Untamed_Star@lemmy.blahaj.zone
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            4 hours ago

            Yes, from my understanding it is usually not a good idea to pour water on non so small fires. but it kinda depends on the amount of water and how you do it.

      • Salamanderwizard@lemmy.world
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        1 day ago

        Oh it gets better. The hurricane that ripped through Georgia a year or so back ripped up our fence. They wanted us to keep it there until they could find someone to put it up.

        It was rotted and no one wanted to do it…they were gonna keep a rotted fence on the ground in our yard.

        I don’t know about you, but Georgia got some bad snakes. I broke that bitch down, built a fire pit and burned it. They can marinate my family jewels if they think I’d keep a snake den in my back yard with my 6 yr old.