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Joined 1 year ago
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Cake day: June 11th, 2023

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  • Redscare867@lemmy.mltoMemes@lemmy.ml*Permanently Deleted*
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    1 year ago

    Even if it’s not, houses appreciate 5% a year on average. Assuming average appreciation over 10 years that house is now worth ~163% of its original value. That means that the mortgage was taken out for ~61% of what a comparable house would go for today which assuming the same interest rate would be a fairly significant reduction in the monthly payment. You also have the potential to refinance to further reduce that monthly payment.

    Or you could sell it and get that 10 years of equity + appreciation out in cash and that might be enough for a sizable down payment elsewhere.

    TL;DR unless your parent’s place is a dump in a low demand area it’s an asset even if it isn’t paid off.



  • Redscare867@lemmy.mltoWorld News@lemmy.worldOzone hole goes large again
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    1 year ago

    You realize that banning CFC’s did have massive implications on industry right? Most CFC use was industrial. This comment really just shows that you’re clueless on the history of this issue. Consumer air conditioning was far from the only casualty. If we had not banned CFC’s then the ozone layer would be in an absolutely dire state today.

    The Montreal Protocol is literally proof that if international governments wanted to they could come together and stop industry from destroying the planet, and you think we should roll that back for air conditioning? Give me a fucking break dude.


  • That we should go back to knowingly destroying the ozone layer because the lingering effects of our previous attempts at destroying it haven’t gotten completely better yet and that has had bad effects on air conditioning. Won’t anyone think of the poor deprived people forced to sit in their cars that are a sweltering 70 degrees Fahrenheit?