I've said it before on beehaw but I work pizza delivery. You'd think it would be an easy job, just drive around and drop off pizzas and enjoy music, but holy shit the amount of pure hatred I've gotten from customers over the dumbest little thing is just insane. I had a guy call me, a white-male, a racial slur because we have a $5 delivery fee. I've had people scream swears at me because I forgot their food, or call back demanding I get fired for it.
And then I went on reddit to vent about it on my company's subreddit. I know reddit is normally pretty toxic but there's really no "pizza delivery" analogue that I can find on beehaw or lemmy in general, and there's just so much hate and vitriol on that subreddit that I can't even bother opening it. Customers telling me that I should "find a new job" or "quit working entirely" because they can't stop being mean about food. Not only is it just pizza, it's fast food! My company is even globally known for giving people free refunds on a whim so I just don't understand why they would hate me so much for venting about my job?? Do people not like being reminded that people like me go through so much shit on a day-to-day basis? It's so fucking insane to me that it's just a commonly accepted thing to be told to "get over it" after being called a slur for something that's not even my problem. 99% of the time when an order is fucked up it's not even my fault? I just delivery them!
I really want to understand why people are SO rude about pizza delivery but I Just can't! I've never in my life even considered cussing out a food service worker but these people are just doing it like its their job!
For anybody that says it, I'd have quit by now if I wasn't making so much money. You try making $16/hr + upwards of $100 in tips a day (yay US tipping culture). I've got so much money now I don't really have a whole lot to do with it, compared to my last jobs at least.
(I also desperately want to scream back at these people so much but I know I can't do that. I know my manager's got my back but if I do it in the store I'll most likely be fired.)
IF you have a 15 year loan. If you have a 30 year loan, it takes you 14 YEARS to pay off just the first 25% of your loan balance, and that's assuming you put 20% down, and not 10% like majority of people today. Then there's house expenses like HOAs (if you get a townhouse or condo) or roof repairs, lawn care services, etc. Actually, depending on how long you plan on staying at a property, if you list out expenses plus the loan principle you pay each month, you actually might be paying more by getting a 30 year vs renting, depending on where you live.
Or you can put more on it a month like any loan and pay it faster. Or do a 15 year loan if you feel like you can afford it like you said. Or an ARM if you really hate interest and want to pay off fast.
Even if only 15% goes to principal that's more equity you're building than renting.
But equity can be a losing strategy if you're getting that little in a 30 year. Take the "winning the lottery" example. People always think, lump sum vs lifetime small payments? Always take lump sum. Invest it all in a safe ETF, and live off the interest.
The only reason people "build equity" is to sell that house in the future. I'd much rather minimize my monthly expenses like principle and HOA, and invest that difference. The best part is that you can see that "investment equity" immediately, and sell any if needed.
The market always beats house equity. For example, my parents bought a house in NYC for $340,000 in 2000. Today, it's appraised for about $800,000. Big win right? NOPE. 340K in 2023 dollars is 600K meaning my parents got $200,000 in house equity over 2 DECADES. And that's the extreme high side of house growth in the NE USA. I highly doubt others will do better than that, meaning their gains will be less. And the market DOUBLED in that time, meaning they'd have made much more money simply putting that money in an EFT and letting it ride. They can't even realize that "house equity" until they leave their home, but they still need a place to live, so those wins are sitting until they decide to move later on, which is useless imo as they'd be older.
Again, housing is not always the best way to make money. If you have the extra cash to do it, it's nice to fix up a home you own like adding a pool that you can enjoy. But for someone who's trying to make it big early on, investing in 401K, IRAs, and a general investment account are the best things to do when young.