#New Offers

[nando161mando]

[hinamie]

growth // decay

[phantomrose96]

Actually I have a post I want to make about Property Value.

Which is a topic that comes up a lot in discussions of rich people hoarding wealth, in NIMBY panics, and in the ever-increasing prices of homes. But I don't think we talk much about how the perniciousness of property value goes deeper and basically holds middle class people who own a home hostage.

So to set some context here: in 2025 the median US home sold for $416,000. Say you have a working class family who can't meet median, but who scraped and saved and penny-pinched their way to a $300,000 home.

Typically, when buying a first home, you pay 20% down directly, and take 80% out as a mortgage from the bank. For this family, that means $60,000 of their liquid money (and let's say it took them 10-15 years to save that amount), and a $240,000 loan from the bank.

That's $240,000 in debt the family is. Which will be repaid over 30 years, with interest, at a rate that usually means for the lifetime of the loan, they end up paying back double the original loan.

However this massive $240,000 debt is generally considered "okay" debt to have, because it's backed by the house. If things go truly sour, the bank can take the house (and what's a little homelessness between friends).

That $60,000 the family put down is considered equity, and equity is money you "have", but isn't accessible.

Scenario: Now let's say something happens. Someone in the family loses their job, and the only job they can find requires moving. Or a family member across the country can't care for themselves anymore and so this family needs to move to be closer to them. The family gets divorced. Someone in the family is allergic to material in the home. Someone in the family is being stalked or abused and needs to leave the town. Anything at all, which would require selling the home and moving.

Case 1: The family is able to sell it for exactly what they paid (same property value, no increase or decrease). You would think the math is clean. They are paid $300,000 for the house. $240,000 repays the bank loan. The remaining $60,000 of equity goes right back to them. And they can use it (which took 10+ years to save up) to move across the country and buy a different $300,000 house.

Except no, it does not work like that.

The seller of a home is on the hook to pay commission to their realtor and the buyer's realtor. This is usually ~6% of the home value. They have to pay legal costs. There are taxes. There are miscellaneous costs. It can easily be 6-9% of the selling price of the house.

The bank NEEDS its $240,000 back. So those costs come from the equity. This family is not getting their $60,000 back. They're getting $30,000-$45,000, and now no longer enough money for a downpayment in their move. They're back to renting. Back to penny pinching. They can get by, but homeownership is now out of their grasp once more. Maybe in another 5 years, they'll have enough (unless home prices have increased too much by then) then they'll maybe never be homeowners again.

Case 2: The property value has DECREASED... Family is only getting offers in the $260,000 range.

If the family accepts a $260,000 sale, well $240,000 goes to the bank. This is genuinely non-negotiable. And that leaves.... maybe not enough money to even close on the house. Not enough to pay the realtors and the fees.

That $60,000 is wiped out, and the family is incapable of moving. Never mind losing 10+ years of savings--they're below $0. They don't have the money to close. It's financially impossible to sell. They are stuck with the mortgage. They are stuck with the house. (Maybe they'll rent it, if they can. And now they're landlords by circumstance, which is often NOT profitable when you're not a trust fund baby renting out a totally-paid-for no-mortgage home.) But whatever the case, they cannot sell it. And if the reason for selling was a job loss... well, they can be homeless soon. And if the property value dropped below $240,000, they can be homeless AND owe a bank debt. A $60,000 nest egg wiped completely out, with a bank debt owed on top of that.

So how do people avoid financial destitution when moving?

The most sensible answer is building up equity by paying down the loan--but it's important to know that mortgages are super interest heavy in the early life of the loan. With a 5% interest rate (BETTER, btw, than current rates) this family would be paying $15,460 the first year, and only $3,540.88 is actually chipping at that $240,000 principle. The other $11,919.59 was pure interest to the bank.

So after 1 year, the family went from having $60,000 equity in the house to $63,540.88 equity in the house. This buys a little extra wiggle room when juggling closing costs. But not very much. Even after 3 years, the family has just a little over $70,000 of equity, and just under $230,000 still left on the loan. So if the family has to move for any reason (sickness! death! job loss!) in those 3 years, it's probably financially devastating.

But there is a second answer to avoiding financial ruin: and that is Property Value going up.

Any amount of property value increase is PURE equity. The bank only cares about the amount of money it gave you. If after 3 years, that house is now worth (and can sell for) $315,000 (which is appreciation of only 1.6% a year. Most home appreciation is closer to 3%), that's more equity increase than they got from 36 diligent months of mortgage payment.

If they can sell for $315,000, pay $230,000 of that to the bank, that leaves $85,000. $25,000 goes to paying the realtors and the closing costs and.... the family is back to their $60,000 downpayment. Not trapped. Able to sell. Able to buy a new $300,000 home in the place they moved. Able to just maintain homeownership status.

But wait, if their home appreciated to $315,000, didn't all the other homes do the same, so now $60,000 isn't enough

Smart eye, lad! You've identified why this is a TERRIBLE rat race for the people scraping money together to live, and is ONLY a profitable leisure activity for rich people who sell homes like collectables.

Now because the increase is pure equity, a similar family with decent property value increase can funnel that extra equity into affording to meet the new higher down payment (remember the downpayment is only 20%, so even if the new place is similarly higher in property value, you only need to match that increase 20% for the downpayment). Which gets their foot in the door. But now their new mortgage is higher than the old one. More expensive. More interest.

But there is a losing scenario here--if home property values increased everywhere else, but not where you live. Then this family is back to surrendering homeownership. Because even if they can sell their place, they can't buy the next home.

It forces them to care about their own Property Value increase because, if it doesn't increase while everywhere else does, it traps them.

So what do I mean by all this

If the value of all homes dropped 50% overnight, I assume most people here would celebrate. Affordable homes! Rich people upset and crying! So much to love.

But in reality, that 50% drop would likely continue to mean no home for most of us, because the people who could sell you the homes would be financially incapable.

For the family above with the $240,000 mortgage, that mortgage does not reach halfway-paid-off until year 20 of the 30 year mortgage (remember the interest frontloading). If a family still owes $230,000 in bank loans on a place that can only sell for $150,000, they can't sell it to you. That house is the bank's collateral securing the loan. Their mortgage is underwater. They're trapped. They cannot sell it. You cannot have it.

Something similar happened in the 2008 subprime mortgage crisis, and the only people who got out okay were ones who could stay the course, keep making the mortgage payments, and wait it out long enough for property value to recover.

Those who couldn't got foreclosed on. Those who couldn't were left in financial devastation.

So in conclusion?

Banks profit off of mortgages. Rich people profit off of hoarding housing stock and selling it as the property value increases. Real estate companies profit off of home sales. And the regular people, who managed to achieve home ownership, are shackled to the price-go-up system to avoid financial ruin. They're forced to care about their property value because it is the singular determinant of whether they're trapped in place, whether they'll be okay if they lose their job, whether they could move due to an important life event.

It's a profit system for the rich where the cogs are middle class people who could achieve homeownership, running a machine where every single crank locks the poorer and younger generations out of home ownership forever.

[just-gingerkat]

Thinking about how The Murderbot Diaries is a character that is completly and fully character driven to the point where the very writing and book format is revolved around it.

The first book is short, concise. It skips a bunch of scenes over the course of many weeks. It focuses purely on what Murderbot thinks is important and worth focusing on. Thats why the majority of the book is dedicated to its thought process, its complaints, or it's fear. It skips over "meaningful" scenes because it doesn't find them important. Like most of the conversations, like it helping Volescu. It doesn't care. It does care when it feels uncomfortable and wants to be left alone. It does care when its scared and something big might happen. It does care about Mensah which is why the few scenes that are more meaningful are with Mensah and then back to narration.

The books get longer and longer as they go on, showing how as Murderbots journey continues so does its ability to care. More intimate moments, more admitting to us that it's afraid, it doesn't want this, it does want this. It begins to describe and pay attention more and more to whats going on around it and it grows to decide what it wants and it's all so beautifully conveyed through writing.

Even The Company was such a clever and subtle way of telling us something. Because everything in the books centers on how Murderbot thinks. Murderbot would never aknowledge its feelings towards The Company and therefore we never knew of it until someone pointed it out. And that too is development because now Murderbot cares enough to let us know. To let itself know. It still shuts down, draws away in its own thoughts. But each book gets longer and longer with less time between them because Murderbot is slowly learning to pay attention, and interact, and aknowledge the present moment. Its learning to care

[anna-scribbles]

resolutions

[genericpuff]

Tbh at this point you should just make your own webcomic app/website because it would probably be 100 times better than whatever going on with webtoon right now.

hahaha it wouldn't tho, sorry 💀

Here's the fundamental issue with webcomic platforms that a lot of people just don't realize (and why they're so difficult to run successfully):

Storage costs are incredibly expensive, it's why so many sites have limitations on file sizes / page sizes / etc. because all of those images and site info have to be stored somewhere, which costs $$$.

Maintenance costs are expensive and get more so as you grow, you need people who are capable of fixing bugs ASAP and managing the servers and site itself

Financially speaking, webcomics are in a state of high supply, low demand. Loads of artists are willing to create their passion projects, but getting people to read them and pay for them is a whole other issue. Demand is high in the general sense that once people get attached to a webtoon they'll demand more, but many people aren't actually willing to go looking for new stuff to read and depend more on what sites feed them (and what they already like). There are a lot of comics to go around and thus a lot of competition with a limited audience of people willing to actually pay for them.

Trying to build a new platform from the ground up is incredibly difficult and a majority of sites fail within their first year. Not only do you have to convince artists to take a chance on your platform, you have to convince readers to come. Readers won't come if there isn't work on the platform to read, but artists won't come if they don't think the site will be worth it due to low traffic numbers. This is why the artists with large followings who are willing to take chances on the smaller sites are crucial, but that's only if you can convince them to use the site in favor of (or alongside) whatever platform they're using already where the majority of their audience lies. For many creators it's just not worth the time, energy, or risk.

Even if you find short-term success, in the long-term there are always going to be profit margins to maintain. The more users you pull in, the more storage is used by incoming artists, the more you have to spend on storage and server maintenance costs, and that means either taking the risk at crowdfunding (ex. ComicFury) or having to resort to outsider investments (ex. Tapas). Look at SmackJeeves, it used to be a titan in the independent webcomic hosting community, until it folded over to a buyout by NHN and then was pretty much immediately shuttered due to NHN basically turning it into a manwha scanlation site and driving away its entire userbase. And if you don't get bought out and try your hand at crowdfunding, you may just wind up living on a lifeline that could cut out at any moment, like what happened to Inkblazers (fun fact, the death of Inkblazers was what kicked off the cultural shift in Tapas around 2015-16 when all of IB's users migrated over and brought their work with them which was more aimed towards the BL and romancee drama community, rather than the comedy / gag-a-day culture that Tapas had made itself known for... now you deadass can't tell Tapas apart from a lot of scanlation sites because it got bought out by Kakao and kept putting all of its eggs into the isekai/romance drama basket.)

Right now the mindset in which artists and readers are operating is that they're trying way, way too hard to find a "one size fits all" site. Readers want a place where they can find all their favorite webtoons without much effort, artists wants a place where they can post to an audience of thousands, and both sides want a community that will feel tight-knit. But the reality is that you can't really have all three of those things, not on one site. Something always winds up having to be sacrificed - if a site grows big enough, it'll have to start seeking more funding while also cutting costs which will result in features becoming paywall'd, intrusive ads, creators losing their freedom, and/or outsider support which often results in the platform losing its core identity and alienating its tight-knit community.

If I had to describe what I'm talking about in a "pick one" graphic, it would look something like this:

(*note: this is mostly based on my own observations from using all of these sites at some point or another, they're not necessarily entirely accurate to the statistical performance of each site, I can only glean so much from experience and traffic trackers LMAO that said I did ask some comic pals for input and they were very helpful in helping me adjust it with their own takes <3).

The homogenization of the Internet has really whipped people into submission for the "big sites" that offer "everything", but that's never been the Internet, it relies on being multi-faceted and offering different spaces for different purposes. And we're seeing that ideology falter through the enshittification of sites like Twitter, Facebook, Instagram, etc. where users are at odds with the platforms because the platforms are gutting features in an attempt to satisfy shareholders whom without the platforms would not exist. Like, most of us aren't paying money to use social media sites / comic platform sites, so where else are they gonna make the necessary funds to keep these sites running? Selling ad space and locking features behind paywalls.

And this is especially true for a lot of budding sites that don't have the audience to support them via crowdfunding but also don't have the leverage to ask for investments - so unless they get really REALLY lucky in EITHER of those departments, they're gonna be operating at a loss, and even once they do achieve either of those things there are gonna be issues in the site's longevity, whether it be dying from lack of growing crowdfunding support or dying from shareholder meddling.

So what can we do?

We can learn how to take our independence back. We don't have to stop using these big platforms altogether as they do have things to offer in their own way, particularly their large audience sizes and dipping into other demographics that might not be reachable from certain sites - but we gotta learn that no single site is going to satisfy every wish we have and we have to be willing to learn the skills necessary to running our own spaces again. Pick up HTML/CSS, get to know other people who know HTML/CSS if you can't grasp it (it's me, I can't grasp it LOL), be willing to take a chance on those "smaller sites" and don't write them off entirely as spaces that can be beneficial to you just because they don't have large numbers or because they don't offer rewards programs. And if you have a really polished piece of work in your hands, look into agencies and publishing houses that specialize in indie comics / graphic novels, don't settle for the first Originals contract that gets sent your way.

For the last decade corporations have been convincing us that our worth is tied to the eyes we can bring to them. Instead of serving ourselves, we've begun serving the big guys, insisting that it has to be worth something eventually and that it'll "payoff" simply by the virtue of gambler's fallacy. Ask yourself what site is right for you and your work rather than asking yourself if your work is good enough for them. Most of us are broke trying to make it work on these sites anyways, may as well be broke and fulfilled by posting in places that actually suit us and our work if we can. Don't define your success by what sites like Webtoons are enforcing - that definition only benefits them, not you.

[gaddaboutgriffon]

Future Son????

It has been a while since I have done an original prompt. So DCxDP prompt #2 (LOTS of good reblogs. This is a long thread.)

Danny gets into a fight with Impulse/Bart about Bart changing the timeline messing things up for Danny and effectively erasing his family, because the change made it so Maddie and Jack never got together. But because of Clockwork sending him on a mission to the past while Bart changed the timeline and the medallion Dan had phased into Danny he remembers the old timeline. Also he has access to his powers but for some reason can’t change into ghost form.

This fight happens in front of the rest of the young justice team. And Nightwing was coming there to teach a training lesson and over hears half of what Danny is shouting.

From Dick’s point of view there is a black haired, blue eyed kid with powers that are suspiciously like a Tamuraneans, yelling at Bart about losing his family because his parents never got together. Also Dick and Kori had recently broken up. (Feel free to make up a reason.)

Due to a misunderstanding Dick is going to help his time displaced “son” adjust to the new reality.

Do I tag people too much? @azulhood @bianca-hooks123 @bloggerspam @confusedshades @dragonsrequiem @evilminji @flamingpudding @fightmebissh @ghostbsuter @hypewinter @help-itrappedmyself @hdgnj @kizzer55555 @menolly5600 @ourrechte-blog @puppetmaster13u @rboooks @starlightcat04 @stormikitty @virgamsysxvolumes @zeestarfishalien @zylev-blog

[lagawara]

bellaraaaaaaaaaaa i love youuuuuuu - there really isnt enough content of her smh

[oooocleo]

hmm hmmmmm hmmm

[leupagus]

Tuesday's House Budget Vote and what you may not have heard about

I'm reposting this from a reblog of a really great post about the work that Representatives Mullin and Pettersen did in voting against the GOP budget on February 25th, because I don't want to detract from that message.

Instead, I want to talk about the larger implications of H. Con. Res. 14 itself, and why the Democrats risked so much (in Mullin's and Pettersen's cases, actual harm) in order to show up for this vote.

The vote in question is starting the first of quite a few votes for the upcoming GOP budget; it's not a done deal by any means, this was just the vote to get it started, so to speak. But it was still a very, very, VERY important vote, because not only would failure be catastrophic, but so would a win that just barely squeaked by.

And this one squeaked like a fucking mouse in Murray's Cheese Shop.

Speaker Johnson has been waffling on putting this to a vote because there were several outspoken GOP members who talked a big game about opposing it. Usually this doesn't matter, since most bills get some bipartisanship, but at present the House is in GOP hands with only a three-member margin of error, with two seats vacant (note: those two vacancies are FL 1 and 6, which are holding their special elections on April 1 — lol — and which are EXTREMELY unlikely to flip but hey miracles happen! Donate or phonebank if you'd like!). And Democratic representatives have been voting in a bloc against...well pretty much everything the GOP's been pushing through since Trump took office. Not only that, but this budget is legit unpopular with a number of Republicans, so much so that Johnson pulled the vote at first on Tuesday because he knew it would fail if the GOP members who'd threatened to vote against it actually went through with it. What he needed was to either convince them all to fall in line, or resort to cheating.

So he did both!

He and Trump strongarmed all but one of the GOP holdouts into voting yes (Congressman Massie is in many ways a turd in a toilet, and his reasons for voting no were bad, but he did stick to his guns, I'll give him that). Reports of Trump actually screaming at one of the (female, naturally) GOP holdouts are...well, unsurprising, but that's how panicked they were about getting this bill started. Usually the Whip does this work, but Tom Emmer's been laughably bad at it and so they had to get Trump to actually do some work. Which is itself sort of astonishing. But even then, they weren't sure they could get it done.

Which leads us to part two of Johnson's plan: blatant cheating. During Pelosi's last session as Speaker, she allowed for proxy voting in light of COVID and, you know, the general state of things, but the second the GOP got back the gavel they nixed it right in the bud. This puts the Dems at a disadvantage right now because at least three of them are out for medical reasons — Mullin and Pettersen, as well as Congressman Raúl Grijalva who's fighting cancer at present. (He was the only Democrat who couldn't get to the floor for this vote, fwiw, and anyone who insists he should've can suck my left tit.)

So Johnson adjourned the House for the evening, sending everyone home, but told the GOP members to stay and then tried to rush through the vote before the Dems realized what was happening. His hope was that enough Dems would be caught flat-footed/not see the recall notice/be asleep watching Taskmaster (whoops that was me) by the time they got the message to get back to the floor. That way he could lose the holdouts but still pass the budget onto the next phase.

However! While Nancy Pelosi no longer rules the Democratic caucus with her iron fist and fabulous coats, my man Minority Leader Hakeem Jeffries learned quite a lot from her (and is pretty fucking genius himself). Not only did he and the other House leadership expect this kind of chicanery from Johnson, they had planned on it.

Because here's the thing: Mullin and Pettersen didn't get on a plane at the last minute on Tuesday; they'd gotten to DC on Monday, without telling anyone they were in town. They actually hid from the GOP members all day Tuesday in order to lull Johnson into thinking he had more of a margin than he did; if the GOP holdouts really had voted against the budget, then it would've failed. Which would have been a biiiiiiig problem for Johnson and Trump.

As it is, it's still a biiiiiiig problem for Johnson and Trump, because now they know just how razor-thin their margin is. More importantly, they also now know that the Dems will fuck with them just as much (if not more) as they will fuck with Dems. Congress (and the USA in general) has operated for years on the assumption that Democrats operate in good faith, while taking it for granted that of course the GOP ratfuck as much as humanly possible.

This moment is a chilling one for the GOP; they can't assume anymore that Dems will play fair or fight clean. Which seems like a very small thing in the larger picture right now, I know, and I also know that people would love for their Democratic representatives and senators to be more vocal and angry in public ways. I get that!

But this move on Tuesday night? Is actually going to have far bigger consequences than any meme or viral video or clever soundbite from a politician. Democrats are no longer playing by the rules that the GOP's ignored for years (if not decades); they're playing by the GOP's own rules, and they just might win.

[14dayswithyou]

HAPPY VARENTINES DAY, ANGEL ! I've been facing some tech issues recently, but!! To celebrate Ren's birthday and Valentine's Day, I'll be releasing Day 5 (the Early Access version) for all the Beta Testers in a few days!

And for those who aren't part of the 14DWY Discord server, don't worry! The public version will be available for everyone to play once the beta testing period is over ^^

[panista]

Something something wildlife shiny duo

Seperate pics under cut

[sourlemonadez]

OOOH YEAH SONA X DCA BABYYY

Slight suggestive warning for the drawing undercut

[conspiracy-frog]

Happy belated Valentine's to the worst teens in hometown

I love Noelle so I gave her non snowgrave nightmares as one does. This is silly lol

[cybervom1t]

dream girl~