Griddr 🇺🇸

[Griddr 🇺🇸 @griddr]

@dylthorn Those are like 15% of the cost. The other 85%, your mortgage, goes down every year in real terms.

Boomers are out there paying $1k/mo to live in $600k houses. Did you not know that older people who bought have cheap housing?

[Griddr 🇺🇸 @griddr]

@dylthorn The options aren’t buy a house for 100% cash or invest the money and live on your friend’s couch for free.

[Griddr 🇺🇸 @griddr]

@dylthorn 3 years from now rates can drop, inflation can pop, home prices go up 30% while owners refinance into 3% rates, and then what? Your financial calculator forgot the future isn’t static. Prices only go down for owners and up for renters.

[Griddr 🇺🇸 @griddr]

@dylthorn For the last 100 years, it’s the renters who have always lost. But all of the sudden everyone has decided that starting now, buying is dumb. I wouldn’t bet on that.

[Griddr 🇺🇸 @griddr]

@amasad *so far

[Griddr 🇺🇸 @griddr]

@shoe0nhead @hankhanknhank @KyleKulinski What if you're not a little person and so the water doesn't hit you in the face?

[Griddr 🇺🇸 @griddr]

@maiab @HeinrichKuttler Don't bet against Elon.

[Griddr 🇺🇸 @griddr]

@Lifeinvestmoney Embarrassing math! You can buy a million lotto tickets. You only get one shot at being an athlete.

[Griddr 🇺🇸 @griddr]

@MsMelChen @Mappy6984 I might be the only asian in my family. I didn't want to attend my graduation. Seemed like a long boring day to celebrate a straightforward foregone conclusion. My parents insisted that we go.

[Griddr 🇺🇸 @griddr]

@Kazanjy @LukeJaywalker28 @YIMBYLAND Like did Del Mar and La Jolla and Point Loma add lots of new housing? Or was it just Chula Vista and downtown and inland areas?

[Griddr 🇺🇸 @griddr]

@Kazanjy @LukeJaywalker28 @YIMBYLAND I'm just spitballing here but SD is massive and has lots of open land to build where nobody would care. SF does not have that luxury. Anywhere you want to build, about 3 dozen people will fight you to death over it.

[Griddr 🇺🇸 @griddr]

@UnrealizedPains @devahaz SF is so dead that only a handful of its start-ups founded after 2020 have larger valuations than the entire Miami tech industry combined.

[Griddr 🇺🇸 @griddr]

@devahaz Hilarious.
https://t.co/8cxm9VMavf

[Keith Rabois @rabois]

@krishnanrohit @pitdesi highly skeptical.

[Griddr 🇺🇸 @griddr]

@jamesonhaslam I never see anyone use the Moment Post Bases. I'm surprised they're needed but looks good.

[Griddr 🇺🇸 @griddr]

@Molson_Hart Worked great for me 8 years ago. 170% return on money left invested while I've paid ~25% in interest on borrowed money.

[Griddr 🇺🇸 @griddr]

@SR_eth @tmaxftw That house is someone’s vacation or retirement house.

[Griddr 🇺🇸 @griddr]

@SR_eth @tmaxftw “Oh, you can drive 90 minutes in traffic to one of the 7 jobs in Sacramento.” Oh, great. What a relief. You can work construction for $80k/yr and somehow afford $900k for a house 90 minutes away.

[Griddr 🇺🇸 @griddr]

@sensiblemoderat @JulianKlymochko It's not quite apples to apples. It's the cost to own the median house vs the median rental price for a 3 bedroom house.

[Griddr 🇺🇸 @griddr]

@Molson_Hart It's probably the new trend where everyone thinks insurance owes them a new roof every 20 years.