Ayo Hirschman
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contextproblem.bsky.social
Ayo Hirschman
@contextproblem.bsky.social
Gen X dad | Carpenter with a PhD | Interested in Pragmatism, Finance, Classics
Reposted by Ayo Hirschman
The point of a mortgage isn't to build equity by paying down the loan, it's to give you upside exposure to the value of the home going up you never get as a renter. A 10,000,000 year fixed rate loan gives you the same equity as a 5/1 ARM if your house appreciates 10% on Day 1.
November 11, 2025 at 5:59 PM
Reposted by Ayo Hirschman
The financial choice is basically:
1. Do you rent and invest the rent-payment delta into stocks/bonds, accepting you are essentially short housing prices?
2. Do you borrow to buy and forgo that extra savings to fix your payments and get long housing prices (or flat, depending on your perspective)
November 11, 2025 at 6:08 PM
Paul Kingsnorth intensifies
November 11, 2025 at 4:40 PM
I need a fun hobby all mine are some variety of homework or labor
November 11, 2025 at 3:36 AM
Plato said Patroclus was the Lover being the older man, Achilles the Beloved
November 11, 2025 at 3:05 AM
I don't like weed and this is true
November 11, 2025 at 2:37 AM
*Wow*...
November 11, 2025 at 2:22 AM
This is the correct approach
November 11, 2025 at 12:16 AM
Yeah seemingly not
November 10, 2025 at 9:05 PM
Hahaha as a non internal monologue haver I
November 10, 2025 at 9:04 PM