don't understand the economic forces that make a mortgage payment significantly higher than rent on a similar property, but it seems to be happening around here
Conventional wisdom is that if your mortgage payment would be 20% of higher than your rental payment, rent. The places I've been looking at are 80% higher than rental.
That's one reason for not buying now, acutally. We would probably have to rent the place out after a couple years, and would still be paying almost a whole normal mortgage ourselves.
Mallory, throwing subtlety to the winds, has realized that if he bangs the crap stereo in the housing unit into the wall enough, it will reset to the first track, which is the one he likes to dance to (Rasputina, fwiw).
Conventional wisdom is that if your mortgage payment would be 20% of higher than your rental payment, rent. The places I've been looking at are 80% higher than rental.
I wonder if that really holds, or if it's like a lot of other economic shorthand calculations that haven't really been updated with the times. For sure it doesn't seem a reasonable - or workable anyway - standard for Chicago.
Wait -- did people who were committing the particide kill their father via the ape/snake/dog/drown method, or was that the method of punishing the person who killed his father?
The person committing patricide got the pummeling/mauling/poisoning/drowning.
I must have an icon of Kim as a pirate!
The person committing patricide got the pummeling/mauling/poisoning/drowning.
Man, I definitely didn't take my Smart Vitamins today. I thought that Romans (or whoever) killed their fathers via the drowning + animal method. And then I thought, "I know I didn't pay attention in history class (seriously -- like, EVER; it's shameful how little I know about history, both world and American), but I think I would have remembered something as funky as THAT!"
I paid attention in history class, and the Romans continue to surprise me.
Wait -- did people who were committing the particide kill their father via the ape/snake/dog/drown method, or was that the method of punishing the person who killed his father?
Punishment for parricide. Sons who killed their fathers often used poison to avoid detection. So as to not get stuffed in a bag with a menagerie.
Killing your kids, by the way, absolutely your right as a father. I guess you might have to give a reason, but disobedience would do.
Yes, well, drowning, that could happen to anyone. Hardly a deterrent.
t /things I learned from murder mysteries
Absolutely no patricide! Unless of course you go to the trouble of rounding up a dog, a snake, an ape, and a large - make that extra large - sack so we know you
really
meant it. In that case, carry on.
