Codspear

Codspear t1_iuk2t5o wrote

Pay it off. You’re not going to win anything +15 mph above the limit. Sucks that you got your speed cherry popped so young though. You can get like 12 warnings throughout your 20s as long as the police see you have a “clean record”. Once you get that first ticket though, you’re on the naughty list for life and you’ll get a ticket every time.

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Codspear t1_isytxk0 wrote

I usually buy a single $20 scratch ticket on my birthday and usually from whatever store is most convenient (usually a gas station). I don’t like paying the can’t-do-math tax, but I decided to celebrate on my 18th birthday by buying a ticket and won $100 on it, so I kept a tradition of doing it. I usually lose, but I also won $500 on my 25th birthday, so I’m still going to be ahead for awhile.

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Codspear t1_issygz2 wrote

They don’t need to build affordable housing, just more housing of any kind. New mid-range condos would probably be in the $$300k - 400k range within 128 if we didn’t add so many ridiculous costs to every development and built enough of them. The affordable housing is what all these new units will be in a few decades. Our current lack of affordable housing is due to the massive underdevelopment of new housing over the past few decades.

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Codspear t1_issaqp1 wrote

Condos allow for a near-instant payoff for developers when they sell the units, whereas apartments are sold to a management company that has to hold significant debt for a decade or more. Even if you just allow for far more apartments though, you get to the point where there are more units than renters and then landlords have to compete in lowering rents to attract tenants. See 2020 in Boston as an example where many places were slashing rents and offering perks like a free month because so many tenants were abandoning the city.

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