A lot of things out of SV are built around American culture. "HOA", "State income taxes". "Property tax" as a percentage.
Which is fine, but it's sad how it's just assumed a site on a .com is for america only. Of course a monoculture of 350 million customers is more than pretty much any other country which explains why SV produces so many successes.
Defaults are crazy too - $2,750 for home insurance?!
I see this like a personal project, so I don't mind some local bias. I thing it's a good post.
HOA: I can translate it to the monthly payment in my building to pay for the cleaning, electricity for the lift, and other stuff.
House vs Apartment: I think it's confusing. It's correct for the personal case of the OP, but it's confusing for everyone else.
Mortgage interest <= 10%: In pesos? :) Most mortgages here are now in a fake money "UVA" that somewhat tracks the inflation. So if the interest is 5% in UVAs and the annual inflation is 40%, the actual interest is 45% (approximately, read the fine print before signing).
Which is fine, but it's sad how it's just assumed a site on a .com is for america only. Of course a monoculture of 350 million customers is more than pretty much any other country which explains why SV produces so many successes.
Defaults are crazy too - $2,750 for home insurance?!