4real
Random Talk | Say whatever's on your mind
Vizzy
#1657
today i learned the words floccinaucinihilipilification and pneumonoultramicroscopicsilicovolcanoconiosis which are both real
chapel
split this topic
#1660
3 posts were merged into an existing topic: Not-yet-released movies hype thread
chapel
#1663
Just had a tooth extracted a few hours ago. Still very numb.
I had a filling in the tooth that partially fell out and caused a larger cavity. I haven’t really had dental for years and finally went to get it taken care of. The cavity was right at the root, so they couldn’t refill it, so it was either a root canal or extract it. For cost and pragmatic reason I just had it extracted.
Das
#1664
Jibril
#1667
Man, I’ve never had a single problem with my teeth. I don’t think I fully appreciate just how lucky i am.
archnemesis
#1670
I almost bought a house this week. We were supposed to sign the papers tomorrow but decided to back out. Having ~170 square meters (1850 square meters) would have been fantastic, but the location wasn’t ideal. Hopefully we can find something else soon.
chapel
#1671
Sorry to hear that it wasn’t ideal, but better to back out now before you get stuck and regret it.
What are house prices like there? In the Bay area here, as you can imagine they are insane. 
archnemesis
#1672
It depends on the area. We will probably spend around $400-500,000. Houses closer to the city are twice as much.
Until very recently you didn’t even have to pay off the loan. Interest rates are also very low compared to other countries (around 2%). If you buy something today you need to be able to pay the top 15% in cash and then make yearly installments until you have payed off 50% of the initial value.
archnemesis
#1674
If anyone with a decent job can borrow a large amount of money and never pay them back then the banking system becomes vulnerable (i.e. poor “capital against total non-risk-weighted assets”). In Stockholm, both apartments and houses increase by about 10% in value per year and for most people it is a great investment.
As a counter measure, out financial supervisory authority decided that we should start paying off housing loans. You need to pay larger installments until you reach 70% of the initial loan. Then smaller installments until you reach 50%. In theory, this will make our system more sustainable and more resistant to a housing market crash.
The only real downside is that it is difficult for youths and recent arrivals to afford the cash deposit. Once you have a place, you can continue to upgrade to something larger every five years or so. The increase in value will cover the higher cash deposit for a more expensive house.
Leo
#1675
It’s cheap to live in states like Missouri or Montana, but I don’t imagine there are a lot of job prospects there. Annoying that Colorado is turning into the next high apartment rent and house prices, as rich people are fleeing California to Colorado, but I suppose that’s only select cities, such as Denver. I would love to move to Colorado one day.