2021 Real Estate Observations (New Bedford, Fall River, Bedford: Irish, equity, long term)

[msRB311]

Which CSO are you talking about ? There's a woman CSO in the article also.

[WestieWhitie]

Originally Posted by r_p

It doesn't work like that. Maybe Moderna's own employees or the very folks saved by their vaccine like watching Tik-toc socialites. In the end it's all about the arts (technology is transient).

Honestly, we cannot even logically conclude that all scientific and technological advancements have been for good. One could argue that it has been good for us humans (although I am not 100% sure) but the overall impact to the earth and its biodiversity is negative.

Tik-tok is most definitely not art but if there are millions of sheep willing to bring in all those sweet ad dollars then more power to those picketing the said dollars.

[WestieWhitie]

Originally Posted by yesmaybe

Have I mentioned this before? New construction, even in something far out like Marlborough needs to be 600k+/unit. Elevators are super expensive too. That's not going to help.

Not sure what the demo that would buy something like this (esp given the price) but they have gotten two sold so far.

That's what happens when union goons have construction industry in a chokehold and anyone who doesn't hire a whole army of them for any sort of construction project ends up having bad things happen to them.

[BostonMike7]

Originally Posted by r_p

My point was that there is nothing wrong with Tik Tokers making money.

I never said they couldn't make money. I fully support them making as much as they can using the tools available to them.

But i'm perfectly entitled to have my opinion about the methods they use to make money, just like they are perfectly entitled to tell me to go pound sand.

[robr2]

Originally Posted by msRB311

Which CSO are you talking about ? There's a woman CSO in the article also.

I didn't notice the name and looked up CSO Moderna. He's the CSO at a division called Moderna Genomics. There are many CSO's at a company like Moderna.

In any case, she has a BS in Chemistry and Biology from William and Mary and a PhD in Biological Chemistry. She probably hasn't been doing research on a lab bench in years. She's in management for the most part.

The salary is good but the money is in the stock options.

[msRB311]

Right I was thinking much of the wealth came from the way the moderna stock exploded

[yesmaybe]

Huh, apparently MassHousing has a Down Payment assistance program where they will loan out up to 30 grand at 15 years for 2% for eligible people. I guess they like lighting money on fire.

In the case I saw, it was a condo in Westborough that went for 275k. The normal mortgage was 261k and the second MassHousing loan was 27k. Yes that's 105%.

[simplexsimon]

Originally Posted by yesmaybe

Huh, apparently MassHousing has a Down Payment assistance program where they will loan out up to 30 grand at 15 years for 2% for eligible people. I guess they like lighting money on fire.

In the case I saw, it was a condo in Westborough that went for 275k. The normal mortgage was 261k and the second MassHousing loan was 27k. Yes that's 105%.

This is most assistance programs.

[bricka]

what percent of gross income do people on this forum spend monthly on Housing expenses (PITI)?

[simplexsimon]

Originally Posted by bricka

what percent of gross income do people on this forum spend monthly on Housing expenses (PITI)?

Depends on the year...~20%?