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Accenture Hello, I need some assistance from anyone here working in Accenture. I had worked in 2019. However I had to leave the firm due to medical issues before my probationary period. There was Full and final settlement to be done to the firm to receive my Relieving letter. Due to certain medical reasons I had not done the final settlement during my exit period. Whether it's possible to make the settlement now & receive relieving letter. This is very much needed for me, please can anyone help
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Chief
So where are people who can’t or don’t want to own a home live? They have to live in rentals and those rentals have to be owned by someone…
Also, appreciation is absolutely not dead money. I'm getting ready to use $300,000 in equity I've gained to improve my home. That is going to provide work to a dozen people for 3-5 months.
Pro
If they can’t afford rent, you think they can afford a mortgage payment and expenses like broken appliances? HAHA
Homeownership is more expensive than renting. I've been a realtor/investor for 16 years and that's a fact. If you're simply referring to a mortgage payment alone and not taxes, insurance, maintenance, repairs, interest, utilities, pest control, ect... Then maybe your monthly rent is cheaper.
A sales consultant who is a communist. Interesting.
Rising Star
People do what they must to earn a living but doesn’t mean that you lose your values.
This is a middle school take on things if I've ever seen one
Seriously. I can’t believe how stupid OPs takes are all throughout this thread.
Tell me you have no clue about economics without telling me you have no clue about economics
It's Humm.... Capitalism.
For all you haters saying I haven’t taken an economics course or it “isn’t how it works” - allow me to lay it out for you.
Professionally, I’ve worked to reorganize how city permitting works. It’s unbelievably complicated. Neighbors can easily disrupt new developments for as things as minute as street parking, trees, or casting shadows. Developers need to anticipate market demand 10 years in the future because the process takes so long. It’s not renters who are complaining, but owners who worry about their property value.
The only way to reduce housing prices is to build more houses….but homeowners, many of whom don’t even live there, are actively thwarting new developments to preserve housing value.
It’s crony capitalism at its worst.
Enthusiast
SC - I want to get and preserve my wealth.
And not that you care based on your insensitive replies to the black descendant of racist policies on the other thread, but my husband (grew up in extreme poverty) and I (former foster kid) just bought our first house so that our future kids can have a more stable life than we had. Hasn't always been easy, but genuinely, f you for your one-size-fits-all white knight attitude.
Pro
Lol. This is clearly from a younger person who hasn’t seen ups and downs of markets. This comment is so comical and shortsighted. Do you know that 40 years ago the interest rates were like 10+ percent. Ask your parents how they were able to buy a home back then. Markets change. Outlawing real estate investors. Lol. I laugh.
Chief
What the appraiser says is only going to help bigger buyers in that situation because they don’t need financing. Appraiser says that house is not as valuable as the comps but the seller will want comp money for the house so smaller buyer won’t qualify.
Chief
This ain’t it fam. It may be too late to delete this post, but it’s not too late to delete your mindset 🤔
Pro
Someone just got their first Che Guevara t-shirt delivered by Amazon and is all fired up.
Enthusiast
Bernie Sanders got rich under capitalism 🤔
Agreed to an extent. I retained ownership of my first house and rented it out after I left. I rented it to a guy that used to work for me. H was looking to stay in the area and his lease was up. He pays $1300 rent for a place I could easily rent for $1600 and possibly as high as 2100 in current market. The rent more than covers my mortgage and he is pretty easy to work with and grateful to have an affordable place in the area.
We also kept our first home and rent it out. We charge enough to cover our expenses plus a few hundred so we have a decent repair fund but we could easily charge twice what we are renting it for and STILL be under market. Our tenant is amazing.
Our property is appreciating consistently (and now, like crazy), so I don’t need to charge an arm and a leg for rent. I’m still going to come out way ahead on this.
Pro
Won’t somebody PLEASE think of the landlords….
Chief
Offering a place for people to rent isn’t contributing to the community?
If there wasn’t a market for renters (i.e people who either can’t or don’t want to own) then there wouldn’t be a market for people to own rental properties. Supply and demand.
Pro
Yes, that is correct. It’s an investment. People don’t buy homes to be a charity lmaooo 😭
Enthusiast
I generally agree with your sentiment but I’d direct it towards single family homes. A du/triplex/apartment complex would not be efficiently split between homeowners, and most people don’t want the commitment of a 30 year mortgage in a 1-2 BR apartment complex. This is where landlords can provide the most value in the housing economy. (Ofc ignoring cities like NY/SF where everything is apartments).
On the other hand, landlords who take over 2-4 bedroom single family homes? I see no purpose for them there. They should leave these homes for families who can commit to living there for multiple years, and not price these families out. I could get behind some sort of investor tax on 3rd+ homes on single family units.
Pro
SC what the freaking heck do you think they should do with their second property? Eat it?
Chief
Every time we get outbid on a house and then later see it up for rental my wife says the same thing. Yet she is a landlord of an investment condo. I just roll my eyes.
I own a tri-plex, looking to add a few more this year and I'm trying to go more Airbnb than anything. Jacking up prices so current tenants leave.
Well done 👍🏼
Don't let the weirdo bootlickers get to you. They all think everything is fine and working well and that they too will be allowed to be in the rich guy club. You're right and we need to move toward a way better society.
Thanks for the support!
On the other hand if those rental properties were available to buy, Supply would be greater and prices would be lowered.
Valid points.
Rising Star
Idk if it’s immoral but I know where you are coming from and completely agree.
Reasonable people can disagree!
Rising Star
What a 🤡 post
Conversation Starter
What about the landlords who renovate blighted properties in neighborhoods? I believe they’re doing multiple things for the community.
1 - Fixing an eyesore in the community
2 - By fixing the eyesores, surrounding property values will rise, thus making other owners in the community wealthier
3- Turning something that was inhabitable into a habitable living space
And before you say they shouldn’t be allowed to profit on that, why not? They’ve put the work in, and added value to the community as well
Pro
So you can rent your place if you’ve renovated it but not otherwise?
Man you are smoking some good shit