Because the alternative is a 3 hour climb down into the valley and up another mountain to get to school.
But yes, this was a death trap from the beginning. Hopefully they learned some lessons from this and get actually qualified people to build a new one.
Was only a matter of time…
This is unfortunately a fallacy. Those paying rent don’t have nothing to show for it — they pay for a roof over their head. So do you with your mortgage. At the end of your mortgage term, yes, you have an asset that those paying rent don’t, but you also had to drop a large sum of money upfront that they didn’t. Theoretically they were able to invest that money you paid into other assets that may or may not have appreciated more over that same period of time. Additionally, renters are often much more able to move should their living circumstances change.
At the end, you both pay for shelter for a period of time. And yes the argument is largely theoretical and vastly dependent on external factors, but it’s not true that owning is always better than renting.
(I say this all as a homeowner as well, FWIW).
Yeah this is truly insane. This will never be on my phone. It also helps that Europe thinks this is bullshit as well and it’s not available here.
My company will give you a blank laptop if you have confidential information on it when traveling to the US. The policy is always to comply and hand over everything if asked so they want to minimize any risks of information falling into the wrong hands.
That policy also applies for traveling to China. So it’s pretty telling that my company thinks the US and Chinese governments are both risks to its intellectual property.