Comments by "Rune of Svalbard" (@vladimirofsvalbard9477) on "Jake Tran" channel.

  1. Yeah, my parents were dumb. They told us to stop eating fat altogether. We were given pork chops/chicken and broccoli alot smh
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  2. The top 10% of earners pay some 82% of all the taxes. The bottom 50% pay 3.04% of all taxes.
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  3. Funny you say that; Bahamas real estate has a property tax exemption up to $300k; after that it's like 0.625% on $300,001 or above. Over $500k are 1%
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  4. Depends, rates and costs aren't like they used to be. My wife and I are actually selling our home and settling all debts. If mortgage rates are over 4%; then it's most likely more economical to rent; rather than buy. The only thing I don't regret is that my home appreciated 40% in the last 3 years, which obviously isn't realistic in any normal scenario going forward in the future. People talk about (building equity), but that's largely an illusion if you can build the same equity in an investment account. Property tax and insurance are becoming insane; even in the Midwest. Those costs easily wipe away the value of monthly equity you accrue.
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