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Post by Babu on Feb 15, 2021 18:22:46 GMT -5
^^ Preposterous weather.  Babu you're talking about weekly rents right? Btw I also like that library building. Haha no, monthly rent. 300-400$ is what a cheap 2 bedroom 80m2 condo would cost per month. The normal price of purchasing such a condo would be about 250-300k$ in Umeå. The fact that those fancy condos have the same rent with only about twice the price of purchase is pretty incredible. Edit: Nvm, they're actually 500k$ to purchase and 400$/mo rent. www.hemnet.se/bostad/lagenhet-3rum-centrum-umea-kommun-kungsgatan-63d-16480576 |
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Post by rozenn on Feb 15, 2021 18:34:46 GMT -5
^^ Preposterous weather. Babu you're talking about weekly rents right? Btw I also like that library building. Haha no, monthly rent. 300-400$ is what a cheap 2 bedroom 80m2 condo would cost per month. The normal price of purchasing such a condo would be about 250-300k$ in Umeå. The fact that those fancy condos have the same rent with only about twice the price of purchase is pretty incredible. Damn there's no purpose renting them then. Who would want to invest in a $600k apartment if the rent is that low? 300$/month sounds incredibly cheap for what looks like a bunch of extremely desirable places to live. |
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Post by Babu on Feb 15, 2021 18:38:11 GMT -5
Haha no, monthly rent. 300-400$ is what a cheap 2 bedroom 80m2 condo would cost per month. The normal price of purchasing such a condo would be about 250-300k$ in Umeå. The fact that those fancy condos have the same rent with only about twice the price of purchase is pretty incredible. Damn there's no purpose renting them then. Who would want to invest in a $600k apartment if the rent is that low? 300$/month sounds incredibly cheap for what looks like a bunch of extremely desirable places to live. It's a condo, so you purchase the apartment, and then pay less rent compared to normal apartments. A non-condo apartment would be about 900$/mo for that size. So you pay 500k$ but then the rent is barely half as high as a normal apartment, and later on you can sell the apartment and make back the investment. You purchase the right to rent the apartment. You can then sell the right to rent the apartment to someone else, like normal real estate. I suppose that if you put 500k$ in index funds, you'd earn much more on average than that 500$ rent difference. But then again real-estate tends to increase in value too so yeah. There's always pros and cons. However, compared to other condos, it's a really good deal. |
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Post by rozenn on Feb 15, 2021 18:47:17 GMT -5
Damn there's no purpose renting them then. Who would want to invest in a $600k apartment if the rent is that low? 300$/month sounds incredibly cheap for what looks like a bunch of extremely desirable places to live. It's a condo, so you purchase the apartment, and then pay less rent compared to normal apartments. A non-condo apartment would be about 900$/mo for that size. So you pay 500k$ but then the rent is barely half as high as a normal apartment, and later on you can sell the apartment and make back the investment. You purchase the right to rent the apartment. You can then sell the right to rent the apartment to someone else, like normal real estate. I suppose that if you put 500k$ in index funds, you'd earn much more on average than that 500$ rent difference. But then again real-estate tends to increase in value too so yeah. There's always pros and cons. However, compared to other condos, it's a really good deal. Ah OK, the concept of a condo is so alien to me I didn't think about it. |
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Post by Babu on Feb 15, 2021 18:57:23 GMT -5
It's a condo, so you purchase the apartment, and then pay less rent compared to normal apartments. A non-condo apartment would be about 900$/mo for that size. So you pay 500k$ but then the rent is barely half as high as a normal apartment, and later on you can sell the apartment and make back the investment. You purchase the right to rent the apartment. You can then sell the right to rent the apartment to someone else, like normal real estate. I suppose that if you put 500k$ in index funds, you'd earn much more on average than that 500$ rent difference. But then again real-estate tends to increase in value too so yeah. There's always pros and cons. However, compared to other condos, it's a really good deal. Ah OK, the concept of a condo is so alien to me I didn't think about it. They don't have condos in France? In Sweden it's basically "rent apartments until you have a steady job and a few dozen thousands, then get a mortgage and buy a condo" |
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Post by rozenn on Feb 15, 2021 19:12:37 GMT -5
Ah OK, the concept of a condo is so alien to me I didn't think about it. They don't have condos in France? In Sweden it's basically "rent apartments until you have a steady job and a few dozen thousands, then get a mortgage and buy a condo" Yes same scheme here but you were referring to a rent, which there is none in that case, at least here. Sounds like what we'd call charges de copropriété, or condo expenses I guess. |
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Post by Babu on Feb 15, 2021 19:19:27 GMT -5
They don't have condos in France? In Sweden it's basically "rent apartments until you have a steady job and a few dozen thousands, then get a mortgage and buy a condo" Yes same scheme here but you were referring to a rent, which there is none in that case, at least here. Sounds like what we'd call charges de copropriété, or condo expenses I guess. It does have a different name than normal rent, which directly translates to "monthly fee". But it's really not different in any way from normal rent. |
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Post by ral31 on Feb 15, 2021 22:15:21 GMT -5
Pics of wintry precip accumulation. Probably the most sleet I've seen. Maybe an event in 2014 was close. Did get a bit of light snow toward the end of the event.   I wonder how these palms will do.  |
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Post by Babu on Feb 16, 2021 10:48:34 GMT -5
Some haloing today  Two prismatic sundogs and a faint light pillar. |
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Post by Strewthless on Feb 16, 2021 13:33:56 GMT -5
I went for an early evening walk. Much milder than last week, high of 12.2C.   |
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Post by nei on Feb 17, 2021 10:49:46 GMT -5
hike up Mount Jackson (4000 feet) last Sunday not much of a view  |
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Post by 🖕🏿Mörön🖕🏿 on Feb 17, 2021 14:28:36 GMT -5
Drove to Squamish yesterday since I had a day off. Weather was 7C with stray rain showers and snow in the mountains, as can be seen in some shots.  |
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Post by nei on Feb 17, 2021 14:52:57 GMT -5
Drove to Squamish yesterday since I had a day off. Weather was 7C with stray rain showers and snow in the mountains, as can be seen in some shots. Your mountains are better than my mountains. you're just trolling me by putting that after my photos |
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Post by 🖕🏿Mörön🖕🏿 on Feb 17, 2021 15:15:12 GMT -5
Drove to Squamish yesterday since I had a day off. Weather was 7C with stray rain showers and snow in the mountains, as can be seen in some shots. Your mountains are better than my mountains. you're just trolling me by putting that after my photos lol nei I didn't even see your pics  |
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Post by longaotian on Feb 17, 2021 16:32:01 GMT -5
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Post by Babu on Feb 18, 2021 16:01:39 GMT -5
Got my second vaccination dose today. Quite a lot of snow on this particular tree.  |
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Post by 🖕🏿Mörön🖕🏿 on Feb 20, 2021 2:02:52 GMT -5
Went up to Mt Seymour for about 20 minutes after work today. Was -0.5C and snowing.  |
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Post by FrozenI69 on Feb 20, 2021 10:29:45 GMT -5
Snow in NY at my Parents place: photos.app.goo.gl/84DFdf5VD1m9etzn7Good chance the snowpack lasts into march. When was the last time the Hudson valley saw a month of constant snowpack. |
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Post by tommyFL on Feb 20, 2021 16:42:01 GMT -5
Took a walk at Paleo Hammock Preserve in St. Lucie County. Weather was mostly sunny, breezy, with a temp around 70 F (21 C).  Some wild (non-native) oranges growing along the trail  Armadillo  Blackberries were blooming  Lots of butterflies on this elderberry  Alligator  Willow  Trail lined with sugarberry trees  Tropical sage  West Indian sage  Native papaya  Some very tall palms  |
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Post by rozenn on Feb 21, 2021 9:51:59 GMT -5
Quite the warmup since last weekend! Drove soufffff to take a stroll in a snowy forest. Colder than Paris, it was comfortably below freezing in the aftrnoon, around -3°C, while Orly airport almost reached freezing.  Creeks are a-freezin' [...] 18.5°C yesterday, same weather today:  Lots of people out and about |
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