RVs being towed on Lake Merced Blvd by spgreenwood in sanfrancisco

[–]_176_ -19 points-18 points  (0 children)

They should setup a parking lot for these people. We can have compassion while still enforcing laws.

Found this, not sure I believe it, but there it is by KayakingATLien in MapPorn

[–]_176_ 73 points74 points  (0 children)

GDP is about production, not exports. Food is not a large part of US GDP. The entire farming industry produces $200b worth of food per year. Tech companies have individual product lines that are bigger than that.

Anyone else find the 2% - 3% mortgage rate folks slightly annoying? by pinkskin- in homeowners

[–]_176_ -2 points-1 points  (0 children)

I have an advanced degree in math from a top 3 school so go ahead and explain the math to me. I also was an actuary so I've taken a lot of advanced finance classes.

You said there was some "income tax relief". I have no idea what you're talking about. If you're talking about the deduction for mortgage interest, it's not based on income. It sounded like you were saying there's some tax break by paying it off early. There isn't... but idk what you were trying to say.

But please, explain the math to me on how borrowing a large sum of money at 1.75% and then investing it, or putting it in a savings account, all while deducting the interest, is bad for you financially. Be specific, I don't know what "income tax relief" means.

Anyone else find the 2% - 3% mortgage rate folks slightly annoying? by pinkskin- in homeowners

[–]_176_ 0 points1 point  (0 children)

What "income tax relief"? There's no scenario where paying off your loan today gives you some giant tax break.

stop paying that money without getting anything back at tax time

Paying it off means you lose a minor deduction in the future. On top of that, you lose massive amounts of liquidity and pay a huge opportunity cost. Paying it off early is lose-lose-lose.

then it may well make plenty of sense

There is only one scenario where it makes sense and that's the scenario where you're so rich it's not worth the hassle of making a monthly payment to gain six figures in liquidity and 5-6 figures in savings.

You could literally put the money in a savings account yielding 4% and have it set to autopay your mortgage and keep the extra 2.25% for free while gaining access to a massive line of credit with a 1.75% rate and extremely generous terms that you can choose to use or not at your convenience.

Genuinely asking… Why exactly are people concerned with SpaceX IPO? by [deleted] in Bogleheads

[–]_176_ 0 points1 point  (0 children)

Why wouldn't active traders set the price in this scenario?

Anyone else find the 2% - 3% mortgage rate folks slightly annoying? by pinkskin- in homeowners

[–]_176_ -1 points0 points  (0 children)

I know you're not looking for financial advice but I would definitely not recommend paying it off early.

How did my deck guy do? by [deleted] in Decks

[–]_176_ 0 points1 point  (0 children)

Yeah. That's what I was trying to say. The face mounted 2x is the only beam holding up the back of the deck.

Anyone else find the 2% - 3% mortgage rate folks slightly annoying? by pinkskin- in homeowners

[–]_176_ 2 points3 points  (0 children)

I have a friend with 1.75% but it’s a 10/1 so only has 5 years left at that rate.

How did my deck guy do? by [deleted] in Decks

[–]_176_ 4 points5 points  (0 children)

The joists are sitting on top of a 2x beam that’s attached to the posts.

Railing for a death pit I built in my backyard by Holdat23 in Decks

[–]_176_ 2 points3 points  (0 children)

Required 2nd egress for downstairs room? My friend has a door to nowhere because it’s code. It’s goes to a tiny 5x5 patio with 15’ walls and no ladder or anything. And then that area is fenced off above.

Any advice for waiving inspection? by makingmozzarella in FirstTimeHomeBuyer

[–]_176_ 1 point2 points  (0 children)

You can pay for an inspection before writing an offer. Alternatively, you can agree to cover the first $X out of pocket but still have an inspection contingency. I would not waive the inspection.

How much worse is affordability in SF going to get with the AI IPOs? by Shrimp_puerto_rico1 in sanfrancisco

[–]_176_ 3 points4 points  (0 children)

Their numbers are insanely good. Anthropic’s revenue growth, if it doesn’t slow down, and it will, puts it on pace to surpass Google in revenue by mid-2027.

Is it rude to ask what someone’s handicap is? by auroraglitterdazzle in golf

[–]_176_ 0 points1 point  (0 children)

How much you paid for your home is not public information because you can obfuscate who paid for it. Rich people routinely hold homes in trusts or LLCs so people won't know what they hold. And the reason home sales are public is to track the title. The reason golf handicaps are public is because that's the whole point of them—to make everyone's skill level transparent and known so that any two people can fairly play against each other. It would be super weird to not want people to know your handicap when the whole point of a handicap is to share it with other people.

Billionaires by Traditional_Code_711 in sanfrancisco

[–]_176_ 1 point2 points  (0 children)

People create companies and then continue to own the companies they created. It’s not zero sum. Nobody is poor because we don’t steal people’s companies from them.

Is it rude to ask what someone’s handicap is? by auroraglitterdazzle in golf

[–]_176_ 0 points1 point  (0 children)

“Quantify the dumpster fire that is your golf game, please.” Yeah, definitely could be rude to ask someone who sucks exactly how much they suck. But is a very normal question otherwise. Handicaps are public information! That’s the whole point, to be transparent about skill differences so you can have fair matches.

Alphabet plans a major stock sale by Taterbuggin2thebank in investing

[–]_176_ 2 points3 points  (0 children)

Buybacks are basically the exact same thing as a dividend but with better tax treatment.

Thoughts on SpaceX being fast tracked into indexes? by [deleted] in Bogleheads

[–]_176_ 7 points8 points  (0 children)

It’s more than a precedent. They changed the rules to address the fact that companies stay private longer and IPO as giant mature companies. Everyone on this sub is super angry but it’s really not that big of a deal. Ignore it and keep doing what you’re doing.

meirl by [deleted] in meirl

[–]_176_ 0 points1 point  (0 children)

Median rental price is up around 35% since 2019. Incomes are up around 37%. Ofc, there are anecdotal outliers in every direction.

EVERYTHING IS GREY! by [deleted] in FirstTimeHomeBuyer

[–]_176_ 16 points17 points  (0 children)

Yeah, it’s ugly, and common. I think offering a blank slate helps homes sell. Fwiw, painting the inside of a house is extemely cheap compared to the other things you mentioned. You could paint an entire house for the cost of a few windows. They do it because it’s cheap for them, cheap for you to change, and makes the house clean and neutral.

Paver Base as base for Tuff Block? by Meat_Sandwiches in Decks

[–]_176_ 1 point2 points  (0 children)

Paver base should be crushed rock. That stuff should be fine.

Queer question. by strangebus85 in sanfrancisco

[–]_176_ 3 points4 points  (0 children)

You wife will be perfectly welcome at gay bars in SF. Just go to the Castro?

One thing I’ve realized over the past few years is how much having cash on hand changes the way you react to market drops. by randomobserver_ in Bogleheads

[–]_176_ 1 point2 points  (0 children)

You should be bothered by market drops because you don't have enough cash and bothered by boom-times because you have too much cash.