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Cake day: July 8th, 2023

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  • huquad@lemmy.mltoLemmy Shitpost@lemmy.worldLandlords are parasites
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    17 days ago

    I just did the math for renting/investing vs buying, including rent/house value yearly increase, income taxes on capital gains, mortgage rate, down payment amount, and initial house price. The results indicate a strong dependence on rent price and taxes/insurance for buying. I found that renting/investing can be a better financial option depending on the inputs. As another commenter pointed out, the main reasons are taxes/insurance and the greater time return rate for market vs home value. This was surprising to me, so I’m glad I ran the numbers. That tells me the real difference is your life choice of wanting a place of your own vs renting and moving around.








  • I have this exact configuration for my home and it works great. Door/window/indoor motion sensors trigger an alarm. Frigate cameras outside ping me if the alarm is active but don’t trigger it outright. I also have a panic button to trigger it. I also have it tell me what triggered the alarm and have a list of the latest events. Lastly, make sure you setup an automation to let you know when batteries die. Typically happens after a couple years.