Its crazy isn't it? Reminds me be cautious around law enforcement all the time.

I can save you the math, buying lots of them will lose you an average of 18% of your money

Chances to win are 1 out of 4. If you do win, it’s at least $100.

Someone somewhere should do the math and figure out how much to buy to have a > 50/50 chance of recouping the investment plus some. It won’t be me.

Sounds more like: heads you lose $30, tails you lose $50.

MA civil commitment (imprisonment) laws are also very backwards.

There isn't a legislative will to fix them because nobody wants to be accused of being "soft on crime."

In theory, you could build equity the first 10-20 years, once you hit 62 you could get a reverse mortgage (or other financing/home equity loan earlier than that) to tap into the equity to pay for living expenses (sort of an elaborate savings account/retirement plan). Also when calculating whether it's cheaper to buy vs. rent don't forget to factor in taxes - all the interest you pay on the mortgage is tax deductible. If you sell the house after 2 years, the capital gains from any increase in value are also not taxable. Mortgage payment will also stay constant, while rent generally increases (property taxes and insurance will likely go up though).

Plus you have the advantage of not giving all your money to subsidize landlords who are exploiting a basic human need - housing. If you have a decent landlord who keeps up with maintenance and doesn't ask for significant rent increases, it may be better to stay in your current situation.

Actually disgusting

My mom's place is early 1800's and they came out.

1920 house. Shower plumbing is in the outside wall. We have torn out the wall previously and installed PEX and insulation. Installed a shut off and drain for the water. There is a radiator pretty close to the shower. Kept fan going to move heat into the room. *we've tried the "water dripping" thing in the past. It led to the first of the burst pipes.

DIDN'T MAKE A DIFFERENCE

Sunday morning. I go to turn the water on. Husband comes downstairs. We are standing there trying to decide what to do for breakfast, and then... you can hear the water hitting the back of the tub. I run down to the basement and shut the water back off. Water is pouring into the basement. Breakfast was as relaxed as it could be. Then we got to pulling the tub away from the wall. Copper pipe, even with the insulation in the wall, split.

So in June we are taking the tub out, and installing a shower. And we are flipping it around so that the freaking plumbing is not in an outside wall.

“The only winning move is not to play.” —WOPR

I already invest some of my money and contribute to my sons college fund and my 401k...

This is just for gambling lol

You’re being pushed out by the communities that don’t allow affordable housing to be built because it’ll unattractive “undesirables”. Building companies don’t want to keep building high income housing, profit margins are about the same with the added negative that luxury housing is extremely feeble in economic crisis situations. The problem is that hardly any community in the state wants to allow builders to build affordable housing. The demand is so high for affordable housing here, builders have been licking their chops for years to get in on it. Beyond that, the market is way over saturated for luxury housing at the moment.

Tech people moving to Worcester is a symptom of the bigger issue, not the cause of the issue.

There is hope. The last recession circa 2007+, housing prices took a dive and I was able to pick up a fix-it for a song. Try to time the next recession and buy at the bottom. I believe we are walking in a recession any minute.

Might as well move to Pawtucket at that point

Well, that made me furious and nauseated. How fucking disgusting.

At least this guy got his money back but I’m sure that’s super rare.

Scam for SIMPs

Not sure how much I can win, but I KNOW I can lose $50 if I buy one of those.

Aside from investing 10% of your income in a retirement account and working for 35 years, you’re right

We’re going to have to agree to disagree.

I think an argument can be made that it is case specific. In the case of the drug lab issue, I would find it very challenging to return assets to those that are at least 51% likely to have earned it illicitly.

Out of curiosity, do you keep track of where your assets come from? I believe that if these individuals can prove where the assets arrived from, they’d be released if it was legitimately earned.

I’ll withhold my outrage until I see proof that assets have been proven to be earned legitimately and still not returned.

Am buying 6 of these shortly.... It's the best way to think you'll end up a millionaire.

In the Pioneer Valley; DH Jones

But the addiction is amazing gambling that is the wins are what we want

You win $50 every time you don’t play

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