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Joined 1 year ago
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Cake day: July 4th, 2023

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  • This is the first comment I’ve scrolled to where someone has asked about what moving to Sublinks means in terms of practicality, so I’ll hitch my question here too.

    To be sure I understand, are you saying that any existing community will be automatically migrated to Sublinks? Would I need to also create a new user account with Sublinks or would this also be migrated? Posts, comments, up/downvotes? Are those all migrated?

    I’m just having trouble understanding what a move to Sublinks means in a very practical sense for users and communities. Is this just a backend change that I—as a user, as a mod—would likely not notice? Thanks for any clarification you can provide.







  • That’s a fair point, if you’re among those who don’t wait the length of time for an entire generation to come of age and two thirds of your loan period to pass before you get to see lower interest rates. Between the late 70s and early 80s there was a steep rise in mortgage rates, but this quickly dropped off and returned to early 1970s rates. Rates stayed mostly constant from then until the 2000s when they began to drop off, reaching a near once-in-a-lifetime historic low just a few years ago.

    Wages haven’t risen with inflation to allow others to reap the benefits of buying in and waiting for their property values to soar. And the topic in this particular thread isn’t renting vs buying. The original commenter stated that the article didn’t consider their parents’ 12% mortgage rate. This specific discussion is about whether holding onto a 12% loan for thirty years at a starting 1990 salary is equivalent to today’s rate with today’s prices at today’s salary—and it’s not.


  • I’m not a math whiz, but just using an online loan interest calculator, comparing the total cost of the median loan to median salaries for 1990 vs today, that 12% rate still doesn’t make up for the difference in home prices and the stagnating wages young people face today. Seven percent mortgage rate today (which is being generous) compared to 12% yesteryear, at homes that were one quarter of today’s price, with salaries that have grown by barely a third… it just doesn’t add up. I’m not saying your parents are wrong, I’m saying there is something wrong.