venerdì, gennaio 13, 2012

Brain hijack, bank heist

I think part of the reason Banker Jessica has been ruling supreme recently is the mortgage. As far as mortgages go, I suppose, in the great schemes of mortgages, it's not a very big one, and it's going away, slowly but surely. And now it's probably back at the forefront of my mind because it's going away a little more quickly, as Australia finally starts cutting into its interest rates. You'd think that would let it be less on my mind, but I feel obsessed with this bastard.

I've never owed money before, you see. The Bank of Mum and Dad paid for my undergrad, and gradschool was in France, hence cheap enough to pay for up front. And now suddenly, to owe a cunt of a bank six figures, for which they're charging extortionate rates by Canadian or European standards - even with the recent drops in the interest rates, they're still in credit-card-debt area by real-world standards - well fuck me, I don't like it. It's fucking wrong and I never would have consented to get into this situation if rents weren't so ridiculously inflated here. But at the point where our mortgage payments are pretty much what our rent would be for this place, I have to bow to the Big Fucking Fuckwitted Anglo obsession with home ownership.

But home ownership is a fucking scam. And it's not "ownership", it's being up to your fucking ears in debt to a loan shark entity that'll make you fucking homeless if you welsh, and then when you sell, after all the interest payments and maintenance costs and inflation you might not even be ahead. Rental properties are a good investment. Bank shares are a good investment. Buying a house is a fucking burden. It's a ticket to wage slavery. It's a ticket to valuable brain space being taken up by your fucking mortgage. God, the sooner we shake this shit off, the better. If we buy any more places to live in, I want to just buy them outright. No more signing over however many years of my life to a bank.

Anyways, that's enough of that. Kayaking time.

3 commenti:

Chris ha detto...
Questo commento è stato eliminato dall'autore.
Chris ha detto...

Total scam. Yet .. I'm so tempted to buy a home next year. It's something about even the delusion of ownership: "it's mine damn it and i can do whatever the hell i want here". Probably something to do with being in the 30s now and wanting some roots, etc.

Mistress La Spliffe ha detto...

I wouldn't do it out of emotion, personally, but I can understand why people would. Depending on the sort of town you're in it might be a good idea. Anyways, mortgage rates are teeny-tiny there right now, right? Maybe it'd work out well.