369500+ entries in 0.204s
nubbins`: lotta keefes in
the ground out west
nubbins`: before scrounging enough
to build a more permanent home
nubbins`: my great-grandparents floated over on
the Empress of Ireland and lived in a canvas
tent in Banff for 5 years
pete_dushenski: show me
the "boomer echo" kid whose great-grandparents actually owned something and i'll show you a kid who's doing well for himself
today.
pete_dushenski: "boomer" parents fluked into a historical windfall ~themselves~, like y'know, actual lottery winners.
that
their kids didn't manage
to hold onto a dime of it is par for
the course.
nubbins`: dude i'm 33,
the parents are still living
assbot: Logged on 07-12-2015 18:07:55; nubbins`: mircea_popescu lol my entire generation was spawned by people
together enough
to actually own something. and
they're all fuckups
assbot: Logged on 07-12-2015 18:07:06; nubbins`: unremarkable in
the sense
that any asshole can get a windfall
assbot: Logged on 07-12-2015 18:06:26; mircea_popescu: an inheritance was unremarkable. WAS.
three centuries ago.
pete_dushenski: mkay. so maybe in halifax,
the banks are
the warm huggy people who care and
the local slumlords and
the jerkoffs. what do i know.
nubbins`: and
they DGAF about
their rentals
nubbins`: the rest goes
to
the waltons, or
the irvings, or whomever
nubbins`: where maybe 5-10 cents of every dollar
they spend stays in
the community
nubbins`: most landlords spend all
their money at big box stores
pete_dushenski: that landlords, like yourself, like myself, give a shit about
the places
they live MORE
than
the banks from far-off lands.
pete_dushenski: you're a small
time landlord
though, and even still i'm sure you don't buy much of anything at usg-megacorp-retail-centre
pete_dushenski: well, you're a landlord aintcha, don't you care about your
town ?
nubbins`: besides, how's
the landlord buying a new snowblower at Wal-Mart helping
the local anything?
nubbins`: landlords don't give a red fuck about
their
towns
pete_dushenski: because i'd see local landlord and caring more about my
town
than some bank in
toronto
pete_dushenski: ok, let's work
the with 'maybe house will never again be worth 200k' condition. why not give 12k
to landlord instead of bank ? will landlord not put
that money
to more practicable and local use, having a higher probability of bettering renter's station ?
nubbins`: put another way, let's say you rent for a year. at
the end of
the year, what do you have
to show for it?
☟︎ nubbins`: if you'd rather work less as
time goes on, well, maybe buy?
nubbins`: i feel
there's more value in one
than
the other, ymmv
nubbins`: whether
that's paying off a
too-high mortgage or paying off someone ELSE'S
too-high mortgage is his choice
pete_dushenski: so explain
to me guy who keeps paying down 200k mortgage on 100k house. does he expect house
to one day be worth 200k again ?
nubbins`: i actually received a new property assessment in
the mail last week
nubbins`: so
the mortgage goes up $50/mo. big whoop.
pete_dushenski: nubbins`: i feel sorry for
the idjits paying down 200k mortgage for house
that will only ever be worth 100k. why not light money on fire ? stay warm, enjoy
the show ?
nubbins`: for someone like me, market value affects property
tax, little else
mircea_popescu: kinda
the whole point of property being
that solvent owners really don't give a shit what other parties
think
things be "worth".
nubbins`: "don't borrow a lot of money unless you don't need
to" is ok advice
nubbins`: tbf it's not a lesson unless
they wanna sell
nubbins`: but
telling
them
to rent after
the fact is gibberish
pete_dushenski: wtf were you doing
taking out massive loan when you didn't understand downside risk
nubbins`: yes, or rent in
the first place
mircea_popescu: same exact
thing happened
to
the athenian fucking fleet.
assbot: Logged on 07-12-2015 17:49:06; nubbins`: pete_dushenski all
the people whose houses are suddenly worth less
than
the outstanding mortgages would
tend
to disagree
that "all will be well"
nubbins`: tbf, if it happens every
time, maybe just bump up
the numbers from
the start
pete_dushenski: pretty sure 95%+ of such projects have
these same issues
pete_dushenski: well, again,
tbf, it's entirely in
the nature of mega-projects
to go over-budget and past 'expected'
timeline for completion
nubbins`: and
then
to american markets and beyond
nubbins`: down
thru NL and over
the water
to NS
nubbins`: across
the fucking long-range fucking mountains
nubbins`: power lines running from labrador across
the strait
to
the island
nubbins`: pete_dushenski prudence woulda been putting
the grease money into something else before it was
too late
nubbins`: and it costs $800/mo
to rent a hammock in an unheated shed?
pete_dushenski: nubbins`: well,
tbf, what other basket was
there
than oil ?
pete_dushenski: not sure why, but all
the syrians who come
to canada stay in big cities and stay
the fuck away from fort mcmurray
nubbins`: we sorta put all our eggs in
the oil basket
assbot: Logged on 07-12-2015 17:48:11; mircea_popescu:
talk
to
teh syrian immigrants.
mircea_popescu: eulora has
this very pronounced old style adventure quality
to it, for
the first few hours/days/weeks/we it
takews you.
mircea_popescu: well prolly should do
that in #eulora, and also... don't you enjoy a mystery ? :D
nubbins`: i may have
to start out with basic
things like "how
to do anything besides walking around"
nubbins`: you quite literally would prob have
to walk me
through it
thestringpuller: I srsly feel like Dave Chappelle up in
this bitch. I want
to believe people have potential
to become actual human beings, but I guess I'm wrong.
thestringpuller: WTF PEOPLE. Arguing "Bitcoin needs
to be able
to change and evolve"
to back your opinion on hard forks is beyond fucktarded.
mircea_popescu: find your way uphill,
there's some
tables
there and a coupla animated fruitboxes
nubbins`: clicking
things seems not
to change avatar
nubbins`: before i commit
to
this character, am i supposed
to be able
to change physical features?
nubbins`: until
they come across my posts
nubbins`: tons of noobs out
there failing at screenprinting
nubbins`: a different angle: what better way
to encourage indebtedness
to me?
mircea_popescu is a little wary of
this
theory. zuckerberg
thinks he owns facebook.
nubbins`: there is no gigposters forum outside of
the knowledgeable who post
there
mircea_popescu: there is no
tmsr outside of
the nodes in
the wot graph
mircea_popescu: this is exactly why
the wot exists -
to disinhabituate socialists from stealing from
the people and giving
to "the institution" so
that lenin, stalin or whatever other nigger can
then steal it.
nubbins`: why not pledge fealty
to mp instead of
TMSRO~
nubbins`: mircea_popescu it's a schelling point, couldn't have found
the actual people were it not for
the venue