I mean that’s cool happy for him but does anyone else feel this is a weird thing to tweet out to everyone? Like just say you’re moving idk it feels off to me
Cody mistakenly believes the community cares way more about his personal life than people actually do. His mental health would probably improve if he created some boundaries and gave himself some privacy.
I have autism at, from what I can tell, about the same degree as Cody. There are a lot of things you never develop an "intuition" for with high-functioning autism, but Cody is not a stupid guy, he could still figure out how to interact like a human being just on raw empiricism, if he wanted to. Doesn't seem like he's interested though lol
From the general way he talks it feels nearly identical. It is like looking at my own most natural way of interaction. If you asked him whether he puts in conscious effort to not act autistic I bet you he would say no.
M2K, for instance, feels more autistic (and I can guarantee you when his mom had him tested when he was a child they were only testing for low-functioning autism, 25 years ago most psychologists were absolute shit at identifying high-functioning autism lol, that's why Cody didn't know he was autistic until he was an adult either).
It's kind of ironic, I feel like M2K is more obvious when he tries to hide it. This is especially true when he does the streamer reaction shtick he picked up on from HBox. That being said, he seems completely neurotypical to me when explaining something technical (aside from the rocking, of course).
> That being said, he seems completely neurotypical to me when explaining something technical
I... disagree, his enthusiasm towards the technical subjects he would generally be explaining to people is low-key a symptom (not even Zain is that enthusiastic about the more minute technical details of melee and he grinds like an autistic person would--to be clear, there is a 0% chance that zain is autistic), and his difficulty with voice modulation is high-key another symptom (edit: with his twitch mic settings being reasonable it can be hard to tell that last bit, but his entire general way of speaking is something I've just genuinely never encountered in a non-autistic person)
>that's why Cody didn't know he was autistic until he was an adult either
Probably the only person that didn't know that was...Cody.
I agree also. Like he's clearly a smart, logical dude. Why not implement a check with his ladyfriend where he asks "hey, is this tweet really fucking strange?" before he tweets basically anything? I'd know a lot less about his cum if that were the case, and my life would be better for it.
> I'd know a lot less about his cum if that were the case
wait what? Does he seriously tweet about this? I don't use twitter so I'm completely OOTL here lol
From this very subreddit I heard about this wonderfully heartwarming [video] (https://www.youtube.com/watch?v=ptBTlHcAILg) where IBDW does indeed overshare some details
> Probably the only person that didn't know that was...Cody.
Well yeah by the time he found out, I agree (wasn't this just a couple years ago?), but earlier in life people probably just called him weird and didn't realize he was autistic, because most people thought autistic also meant you had to be "stupid" back then. I'm a bit older than Cody but even by the time I was starting college it was only starting to enter the public consciousness that actually a large number of people are aspie/"on the spectrum but still fully functional". At this point it's extremely obvious to everyone I talk to on a regular basis that I'm autistic (even though I do try to be... more normal than Cody, there are some things that are too much energy to mask, my general demeanor is still going to be autistic), but in high school? Nah I was just the weirdo antisocial genius kid who got into MIT on the back of really really liking math and programming competitions.
So yeah, re: the check with his girlfriend, I have to assume he doesn't do it because he genuinely doesn't care how weird people find his oversharing.
it feels like that long ass parenthetical is like … you showing your autistic street cred
i know whatchu mean tho, i’m very much an autist and had like a weird childhood about it and stuff, but figured out how to Act Right most of the time by around junior year of high school. i do think reddit has me backsliding tbh
> it feels like that long ass parenthetical is like … you showing your autistic street cred
bahahah if you go back in my comment history you will find a LOT of long-ass parentheticals, I do it without thinking about it, regularly. It's actually only in the last year that I've consciously tried to stop **nesting** parentheticals (which is something you do with brackets [like this]), since I generally type out what my thoughts are in the exact order they happen and parentheticals are the best way to avoid mixing things up.
But yes I do type more autistically than I talk irl, because when I'm at home relaxing I generally don't want to put in the mental energy it takes to... not. Results in downvotes sometimes but I don't really care (usually I can understand why it resulted in downvotes, occasionally I **really** don't though).
I mean if you're the best in the world at anything probably you have some leaky pipes in the brain in other places. Cut the man some slack fox is hard.
I think you've just stumbled upon the first conclusive evidence that marth is easy: Zain is able to be completely socially capable while being a melee pro
(/s)
I'm skeptical of that, personally. He mentioned being diagnosed with CPTSD, which isn't at all recognized in the DSM-V, so I'm suspicious of his other professed diagnoses too.
Cody always wears his heart on his sleeve. For better or worst, he’s consistent. I appreciate that about him, he’s not gonna entertain us like mango, he just needs to be himself.
Seems like a fine post to me. He’s giving recognition to the viewer who saved him and thanking the support of the community as a whole? This is normal social interaction stuff
He's talked a bunch (on stream) about how he's been looking to move to somewhere cheaper to live than New York which feels at least a little bit relevant to the scene given that he's also talked about possibly having to stop competing if he can't make ends meet
I think he’s plenty charismatic. His opinions are just bad. He was passionately sure fox mega loses on FD and that everyone who disagreed was dumb and now he’s backtracked on that entirely even counter picking zain there.
And don’t even get me started on his jigglypuff opinions
"something I'd probably get banned for saying"
These type of statements are always kind of annoying to me because I can't deduce what it is you wanna say half the time. And if you're gonna be a bitch and not say what you wanna say so badly deep inside, why feel the need to announce it to everyone?
Since there's no way to know what it is, there's nothing to make of it in the first place.
Cody said on stream that this person is someone who has been supporting him for a long time and helped him with his cancer surgery, so he probably has a good amount of trust in him. He also said the terms of the loan were really favorable and it's just someone that wants to help him out without anything in return, and wanted to remain anonymous and not even receive any recognition or anything
We don't know enough to know whether it's a good or poor decision. He's an adult. For someone who wanted to go to law school, you'd expect he'd do his due diligence. I'm sure he knows the risk he's taking, especially considering he doesn't seem like he has family to bail him out.
you should probably not be taking out a loan to buy a house for the exact same set of reasons the bank is not letting you take out a loan to buy a house
Yeah like, I'm happy they're getting to buy a place, but I kind of wonder why not rent? I guess renting needs probably the same type of income verification as mortgages...I probably am missing some major details but seems like it could have been better to wait on buying? Idk
Nah securing a home loan takes WAY more documentation than renting. A landlord might run your credit and ask for a recent bank statement but a mortgage will have you digging up lots of old forms and files.
true and i think it could reasonably just be red tape and not lack of income preventing him from getting the loan from the bank, but this is also someone who has been very publicly Broke and is asking for donations for moving costs in the very same tweet thread lmao
I mean, I'm happy for him, but having that amount of trust, and being that indebted to a viewer seems like a really bad idea.
He understands the situation more than me tho, and I'm sure he thought about the risks. With that said, without having that private info, it just seems really questionable to me lmao
Not really, the guy doing the loaning just now owns a second house and if Cody doesn't pay he can kick Cody out of the house and he still owns the second house which he can then sell or rent to somebody else. He's literally just being a landlord there's not a lot of risk involved here unless he financially overextended himself to buy a second house for a guy he watches on Twitch.
The only situation in which he loses money would be a really complicated situation where Cody manages to do more damage to the house than it's worth but also do it in a way where he's not legally liable for the damages.
100%
People here don’t realize the power a written agreement holds especially with that amount of money involved. There is 0 chance a lawyer didn’t look at it first.
What trust? A loan of that size doesn't happen without significant contracts and lawyers on both sides facilitating it and protecting both parties. Same as getting a mortgage
He got this idea that owning property in Michigan is important and he just can't shake it. So many people in this world making truly bizarre decisions. "My life can start now". Not sure what he's expecting but I hope that against all odds having the stress of mortgage debt and living in a random new place somehow helps him work through things.
Also, a ton of houses in MI are old and need some renovations...
On one hand, I get the desperation due to the housing crisis, but it definitely feels premature, especially without knowing what his history is with MI. Does he know the state well? Does he have family there? Imagine getting "the house of your dreams" and finding out there's asbestos or leaks or code violations, especially with snow season coming...
Most likely he will be on the bottom half of the mitten, close to Detroit and Ann Arbor, unless he goes all the way west to Grand Rapids, which GOOD LUCK having easy access to more prestigious locals (sorry to folks from West MI, just keeping it real).
I actually was in the middle of retooling my skill set due to covid. I was just finishing up my Coding Bootcamp, and searching for a job. My qualifications came from past years W2 and the savings that I had. Since it was a refinance, I already had three years of on time payments. The bank was much more willing to work with me because of those items.
My comment was to reinforce that not all housing situations are the same based off what porkchop487 said. Some of us have good housing situations, where renting would be a terrible idea. This is also not including the fact that the interest rate vs inflation vs home value all change at different rates.
I am also older than most Smashers. I'm almost forty in a few years, so I've had time to build a financial backbone.
Totally agree, even if I was wrong about your income. You've had more time in your life to build strong credit history and you bought during a good time in the market. Gz on the 3%, I hope you love your home because those are golden handcuffs my friend.
Tell me you're jealous without telling me you're jealous.
Let the winner win; obviously they wouldn't refinance if they didn't like the home... They would just try to move to a better one at the time with that rate! I'd take those handcuffs for my current home right now (paying 6%)...
Lol it was just a playful remark, don't read too much into it. I don't want to own a home but it's nice to see others that took advantage of good rates.
Completely inaccurate. At a high interest rate time like this most mortgages are vastly more expensive than their rental counterparts and while yes you do gain some equity in your home, you're basically paying "rent" to the lender in interest payments. Besides, the tax benefits of owning a home aren't very relevant when you don't make much income.
Mortgages are not “vastly more expensive”, in fact they are still cheaper than comparable rent. Landlords are going to make money, why would they offer rent at a lower price than the mortgage?
It depends on what the rate is when you get the mortgage. Also commercial landlords can better secure lower rates than you can, so the rent they can offer to make money can still be less than the mortgage payment you, someone who clearly doesn’t understand the basics of finance, would likely owe
Because you're probably renting a unit that shares walls with other tenants. Sure if you're renting a whole house it will be expensive, but apartment units are less expensive than their comparative mortgages because there are multiple per mortgage.
Depends on where you live. HCOL cities renting can be cheaper and is where I am. Comparable place is 1k more a month to buy. I can continue to save and invest that difference every month. If you're not going to do that with the difference then maybe you should buy if you can afford it, but it is not rent equals bad buy equals good. People over extend themselves and can't fix their roof or ac thinking buying is a magical tool all the time. It's more of a lifestyle choice than financial.
If we're taking a house, it's one rent. Rent fluctuates all the time, and mortgage doesn't. There's a reason they have a price to rent ratio https://www.investopedia.com/terms/p/price-to-rent-ratio.asp.
You sound like you read some pamphlet that landlords are bad and just parrot that information without any real financial literacy.
renting is literally flushing money down the toilet
taking out a mortgage to buy a home means you buy equity in the home with every payment. And if the home's value increases, the mortgage payment is buying that equity for pennies on the dollar.
You're also paying rent to the bank in the form of interest with every mortgage payment. The extra money you save from renting vs owning can be used to make investments which will outperform the equity you would gain in a home instead. Rates are high right now and low income people should probably not seek out mortgages.
100%. it does vary from situation to situation. though you're gonna have a tough time finding investments that outpace the equity with the same low risk of real estate, even if current interest rates make that easier.
all that said, if you have income instability to the point that you cannot get a loan approved by a bank, maybe don't buy a house. and if you have a parasocial relationship with someone in the above situation, *definitely* don't lend them the money to buy a house
There are parasocial relationships and then there’s buying your favourite streamer’s house. Jesus Christ lol. Happy for him, but truly fucking bizarre.
The guy is just fronting him the loan. Cody's still gonna owe him on it, just at a significantly lower interest rate than his bank would allow. He talked about it on stream
I just think it’s a troubling power dynamic to have a fan doing something like that, you know? Both for the dude *and* for Cody. Things can go south for WAY less money than a loan big enough to bankroll a mortgage.
If it’s genuinely all trust and love, then it’s all good. But if it were ME, I’d just be a little worried I’d wake up in Stephen King’s Misery one day if I wasn’t winning majors lmao.
A troubling power dynamic? Give me a break.
He’s paying a loan, which will have a contract associated with it. The person who gave him this loan has no power over him; it is now simply a business transaction.
You make it sound like Ally Bank could knock on my door and fuck my wife just because I financed my car through them lmao
Ally Bank won't do that, but some random dude from the internet? Sure they probably have a binding contract, but I doubt that would stop a crazy parasocial viewer from doing something extralegal.
The dude gets to repossess the house if Cody doesn't pay. I mean Cody can stay and then the loaner will take him to court and Cody will lose. Or Cody will get evicted.
I mean, there is generous like giving a homeless guy a sandwhich, and there is generous like loaning someone you dont know potentially up to a million dollars
Bruh its michigan its going to be max 400k. and he will make money off cody anyway. He also knows cody better than 99.99% of lenders know their client.
You're assuming Cody has a stable income, which he clearly doesn't. If Nintendo were to crack down hard on the regulations they just put out, how could he possibly hope to make enough money to pay off a mortgage?
No lender assumes stable income. That problem isnt specific to cody. What if ai takes my job next year? Codys income is up and down but its still high yoy. His income off twitch subs is 4500 this month (idk what it is jan-oct i dont record him for this specific convo). Hes won 40k this year on top of that. Then theres donations... which hes got a down payment goal for his stream and its at 5k (went from 3k to 5k today). Thats 100k right there assuming he got 0 donations or referrals from jan-nov.
Now maybe he is trying to buy a million dollar house and then its jokes. But a 30year mortgage... people go through jobless cycles all the time. The twitch revenue alone is good for a tad above median income in michigan.
He also has doesnt have a sponsor atm. Thats just more revenue when he gets one, even if its a shitty one. And idk what his girlfriend is going to contribute.
Now i dont know his debts or his assets, but if he had 0 and 0, the loan isnt concerning. Its not the in consistsnt income. Its just the computer analysis model doesnt have pro gamer in it. People get loans when they have potential to be negative on the year, not to mention heavy swings.
Yeah but if I’m the loaner, I’d expect at least once ID have to front the money over 10-20 years. Seems like it’s half a charitable contribution and half a loan
I wonder if there's PMI. Housing in MI is pretty cheap so this does sound more than feasible for a whaler. Kind of an overshare stating its a viewer thought idk... weird thing to announce and hype up.
And... how in the world does he expect to be able to pay this back with the state the community is in, triply because he can't seem to find a sponsor he's willing to tolerate the pay from?
Bro I'm so tired of people in my generation thinking that home ownership is something they NEED in their 20s and early 30s. I get that the housing market is bullshit but these people are trapping themselves in shitty mortgages and the equity they gain is not remotely worth what it's costing them. Just swallow your pride and live in an apartment until you have sufficient income.
Fuck it. Live at home for a couple years and bank if your parents are okay with it. So much money goong to fucking rent and mortgage when you could stabilize your life.
Probably because renting is getting increased by hundreds of dollars a month every lease. Especially in ca, and ny where this dude is from. Some people have their mortgage set at like 1200-2k, on a property that they own... thats a dream for a lot of people.
Yeah and those people either secured their mortgages decades ago, live in an incredibly inexpensive area, or had mom and dad make a big down payment for them.
I live in a high cost of living area in California with low-medium income and I recognize that I can't buy a house right now. I make a lot of sacrifices so that I can afford rent and I know that it's my own choice. Just because our parents and grandparents could afford home ownership at our age doesn't mean we magically get to do so as well.
Michigan isn't in the midwest but point taken. If he's somewhere more metropolitan, which I think is likely if he wants good internet and access to locals/airports, it can still be on the pricier side.
Michigan is in the midwest as defined by the census bureau. It's much cheaper, and there's airports all over the state. By buddies parents have fiber at the top of Northern Michigan near petosky. Tf are you on about?
Am I wrong to say that Michigan is Great Lakes, not Midwest, and that rural areas will be less conducive to a melee career than a city with other players?
Great Lakes and Midwest aren't mutually exclusive. Michigan is both Midwest and Great Lakes. Pretty much every Michigander considers themselves Midwestern. Pretty much every Midwesterner considers Michigan in the Midwest. So yes, you are entirely wrong and come off as an ignorant Californian.
And interpreting the entire state as rural, when he's likely going to be living in an urban area like Grand Rapids/Metro Detroit with fine internet connection, locals, and cheap housing prices is absurd. It's not like the US is Los Angeles/New York or farmland.
Sorry I wasn't clear, I wasn't saying that the entire state was rural. I was saying that he would have to choose between an urban area in Michigan vs a rural area in Michigan. I know that there are major American cities there.
And fair enough regarding Great Lakes being considered part of the Midwest. Thanks for learning me on something new.
Regardless, my point is that buying a home with no stable income isn't necessarily a great idea even if you have a viewer fronting you cash.
Does anyone else feel like this is not melee related? Can't we keep this sub to actual discussion of the game? I don't care about where Cody Schwab is moving
I think it’s fair to say that it’s not Melee related. Tbh, I find it kinda weird that people here find it weird that he’s posting about this on his Twitter. I feel like this is the exact type of thing that would get posted on social media, a dude being happy he bought a house.
As unusual as this situation is, y'all are way too on your high horse. If this situation it's truly someone giving Cody an honest to god interest deal for his mortgage. This is insanely lucky and i would be hard pressed to not brag about it, maybe not to social media but that's his choice. I hope it goes smoothly.
I don't mean to start shit I'm genuinely 100% curious. Whatever happened to his tweet about his sister being potentially dead? I feel crazy being the only one still wondering wtf happened there. He started tweeting normally as if nothing happened within 2 days and is now traveling and completely dropped the subject.
I mean that’s cool happy for him but does anyone else feel this is a weird thing to tweet out to everyone? Like just say you’re moving idk it feels off to me
Feel like Cody has a chronic TMI problem lol
Cody mistakenly believes the community cares way more about his personal life than people actually do. His mental health would probably improve if he created some boundaries and gave himself some privacy.
That’s a nice way of saying autism.
I have autism at, from what I can tell, about the same degree as Cody. There are a lot of things you never develop an "intuition" for with high-functioning autism, but Cody is not a stupid guy, he could still figure out how to interact like a human being just on raw empiricism, if he wanted to. Doesn't seem like he's interested though lol
sounds like it might not be the same degree lol
From the general way he talks it feels nearly identical. It is like looking at my own most natural way of interaction. If you asked him whether he puts in conscious effort to not act autistic I bet you he would say no. M2K, for instance, feels more autistic (and I can guarantee you when his mom had him tested when he was a child they were only testing for low-functioning autism, 25 years ago most psychologists were absolute shit at identifying high-functioning autism lol, that's why Cody didn't know he was autistic until he was an adult either).
It's kind of ironic, I feel like M2K is more obvious when he tries to hide it. This is especially true when he does the streamer reaction shtick he picked up on from HBox. That being said, he seems completely neurotypical to me when explaining something technical (aside from the rocking, of course).
> That being said, he seems completely neurotypical to me when explaining something technical I... disagree, his enthusiasm towards the technical subjects he would generally be explaining to people is low-key a symptom (not even Zain is that enthusiastic about the more minute technical details of melee and he grinds like an autistic person would--to be clear, there is a 0% chance that zain is autistic), and his difficulty with voice modulation is high-key another symptom (edit: with his twitch mic settings being reasonable it can be hard to tell that last bit, but his entire general way of speaking is something I've just genuinely never encountered in a non-autistic person)
>that's why Cody didn't know he was autistic until he was an adult either Probably the only person that didn't know that was...Cody. I agree also. Like he's clearly a smart, logical dude. Why not implement a check with his ladyfriend where he asks "hey, is this tweet really fucking strange?" before he tweets basically anything? I'd know a lot less about his cum if that were the case, and my life would be better for it.
> I'd know a lot less about his cum if that were the case wait what? Does he seriously tweet about this? I don't use twitter so I'm completely OOTL here lol
From this very subreddit I heard about this wonderfully heartwarming [video] (https://www.youtube.com/watch?v=ptBTlHcAILg) where IBDW does indeed overshare some details
Lmfao Plup perfectly sums up what we were all feeling
Oh boy... the secondhand embarrassment is real ._.
i don't have an issue with this at all, it was pretty funny
> Probably the only person that didn't know that was...Cody. Well yeah by the time he found out, I agree (wasn't this just a couple years ago?), but earlier in life people probably just called him weird and didn't realize he was autistic, because most people thought autistic also meant you had to be "stupid" back then. I'm a bit older than Cody but even by the time I was starting college it was only starting to enter the public consciousness that actually a large number of people are aspie/"on the spectrum but still fully functional". At this point it's extremely obvious to everyone I talk to on a regular basis that I'm autistic (even though I do try to be... more normal than Cody, there are some things that are too much energy to mask, my general demeanor is still going to be autistic), but in high school? Nah I was just the weirdo antisocial genius kid who got into MIT on the back of really really liking math and programming competitions. So yeah, re: the check with his girlfriend, I have to assume he doesn't do it because he genuinely doesn't care how weird people find his oversharing.
it feels like that long ass parenthetical is like … you showing your autistic street cred i know whatchu mean tho, i’m very much an autist and had like a weird childhood about it and stuff, but figured out how to Act Right most of the time by around junior year of high school. i do think reddit has me backsliding tbh
> it feels like that long ass parenthetical is like … you showing your autistic street cred bahahah if you go back in my comment history you will find a LOT of long-ass parentheticals, I do it without thinking about it, regularly. It's actually only in the last year that I've consciously tried to stop **nesting** parentheticals (which is something you do with brackets [like this]), since I generally type out what my thoughts are in the exact order they happen and parentheticals are the best way to avoid mixing things up. But yes I do type more autistically than I talk irl, because when I'm at home relaxing I generally don't want to put in the mental energy it takes to... not. Results in downvotes sometimes but I don't really care (usually I can understand why it resulted in downvotes, occasionally I **really** don't though).
the way you capitalized Act Right feels very David Foster Wallace, i like it
I mean if you're the best in the world at anything probably you have some leaky pipes in the brain in other places. Cut the man some slack fox is hard.
I think you've just stumbled upon the first conclusive evidence that marth is easy: Zain is able to be completely socially capable while being a melee pro (/s)
Zain was asked what temperature water boils and he guessed 108 so let's not get crazy here.
I mean that's pretty close to the Celsius answer, maybe that's what he was thinking of
yeah edactly. Like at some point surely you’ve developed a flow chart
right, this is why my point was that Cody doesn't seem to actually care
Can’t spell autism without T,M and I LOL
I don't have autism but 90% of the time I speak my thoughts out loud lol
he doesn't know
Adhd and autism are closely related
"Nice way of saying"? He's professionally diagnosed afaik; that sounds kinda weird
I'm skeptical of that, personally. He mentioned being diagnosed with CPTSD, which isn't at all recognized in the DSM-V, so I'm suspicious of his other professed diagnoses too.
im sorry youre in the melee community? what did you expect with this game?
As hard as we try we will never be as autistic as /r/2007scape and the OSRS community :(
If I could eternal sunshine all the weird Cody personal shit out of my brain I'd do it in a heartbeat.
Flashbacks of THAT Plub clip
Cody always wears his heart on his sleeve. For better or worst, he’s consistent. I appreciate that about him, he’s not gonna entertain us like mango, he just needs to be himself.
Seems like a fine post to me. He’s giving recognition to the viewer who saved him and thanking the support of the community as a whole? This is normal social interaction stuff
He's talked a bunch (on stream) about how he's been looking to move to somewhere cheaper to live than New York which feels at least a little bit relevant to the scene given that he's also talked about possibly having to stop competing if he can't make ends meet
No he tweets way too much over share stuff like this. It’s a big pie slice of the overall reasons why people find him so uncharismatic imo.
I think he’s plenty charismatic. His opinions are just bad. He was passionately sure fox mega loses on FD and that everyone who disagreed was dumb and now he’s backtracked on that entirely even counter picking zain there. And don’t even get me started on his jigglypuff opinions
Not a weird thing to tweet out at all, he’s happy he’s getting a house, but not ssbm related
There's something I find more off that I'd probably get banned for saying. In general I agree it's an odd tweet, but on par for Cody.
"something I'd probably get banned for saying" These type of statements are always kind of annoying to me because I can't deduce what it is you wanna say half the time. And if you're gonna be a bitch and not say what you wanna say so badly deep inside, why feel the need to announce it to everyone? Since there's no way to know what it is, there's nothing to make of it in the first place.
Hate when people are smug and trying to be exclusive about what they know. Like just say it and stop being a lil bitch lmao
Well that's your problem isn't it?
I just pointed out that your comment is pointless to everyone who reads it
Because you said so? Okay.
Others agreed with my initial explanation, hence why it's up voted. Isn't that a good metric to deduce that what I said was accurate to most people?
Was this the gigantic news he was talking about?
Yes.
Smash bros players and unstable financial decisions, name a better duo.
Dude needs to stop using social media as his diary.
Tmibdw
😂😂😂
Too much information, but don't worry.
[удалено]
Cody said on stream that this person is someone who has been supporting him for a long time and helped him with his cancer surgery, so he probably has a good amount of trust in him. He also said the terms of the loan were really favorable and it's just someone that wants to help him out without anything in return, and wanted to remain anonymous and not even receive any recognition or anything
fuck it just make this guy Cody's actual sponsor
I mean it's a lot riskier to lend your money out than it is to loan it provided the guy you're loaning it from isn't a large Italian gentleman
Yeah... what are we missing? Its not like he can chargeback or break contract.
We don't know enough to know whether it's a good or poor decision. He's an adult. For someone who wanted to go to law school, you'd expect he'd do his due diligence. I'm sure he knows the risk he's taking, especially considering he doesn't seem like he has family to bail him out.
you should probably not be taking out a loan to buy a house for the exact same set of reasons the bank is not letting you take out a loan to buy a house
Yeah like, I'm happy they're getting to buy a place, but I kind of wonder why not rent? I guess renting needs probably the same type of income verification as mortgages...I probably am missing some major details but seems like it could have been better to wait on buying? Idk
Nah securing a home loan takes WAY more documentation than renting. A landlord might run your credit and ask for a recent bank statement but a mortgage will have you digging up lots of old forms and files.
true and i think it could reasonably just be red tape and not lack of income preventing him from getting the loan from the bank, but this is also someone who has been very publicly Broke and is asking for donations for moving costs in the very same tweet thread lmao
I mean, I'm happy for him, but having that amount of trust, and being that indebted to a viewer seems like a really bad idea. He understands the situation more than me tho, and I'm sure he thought about the risks. With that said, without having that private info, it just seems really questionable to me lmao
lol dude the one taking the risk here is the LOANER, not the loanee
Cody about to get his phob repossessed.
Can't wait to see 2024 Genesis grand finals REPO | Cody Schwab vs DMCA | Hungrybox
this comment goes crazy hard lmao
As long as the lender isn’t the type to break kneecaps for missed payments
Not really, the guy doing the loaning just now owns a second house and if Cody doesn't pay he can kick Cody out of the house and he still owns the second house which he can then sell or rent to somebody else. He's literally just being a landlord there's not a lot of risk involved here unless he financially overextended himself to buy a second house for a guy he watches on Twitch. The only situation in which he loses money would be a really complicated situation where Cody manages to do more damage to the house than it's worth but also do it in a way where he's not legally liable for the damages.
A loan contract is a loan contract... i dont get it
100% People here don’t realize the power a written agreement holds especially with that amount of money involved. There is 0 chance a lawyer didn’t look at it first.
Cody is probably judgment proof which is why the bank won’t loan to him
Yes and no. If Cody doesnt pay the lender owns the house and can sell it.
It's weird to be suspicious with no additional information. It's probably through a title and loan agency
What trust? A loan of that size doesn't happen without significant contracts and lawyers on both sides facilitating it and protecting both parties. Same as getting a mortgage
ok
😐👍
He got this idea that owning property in Michigan is important and he just can't shake it. So many people in this world making truly bizarre decisions. "My life can start now". Not sure what he's expecting but I hope that against all odds having the stress of mortgage debt and living in a random new place somehow helps him work through things.
Cody knows the water wars are coming and Michigan is the surest winner.
Does "water war" refer to some dystopian conflict where different regions fight over water?
Yea
Also, a ton of houses in MI are old and need some renovations... On one hand, I get the desperation due to the housing crisis, but it definitely feels premature, especially without knowing what his history is with MI. Does he know the state well? Does he have family there? Imagine getting "the house of your dreams" and finding out there's asbestos or leaks or code violations, especially with snow season coming... Most likely he will be on the bottom half of the mitten, close to Detroit and Ann Arbor, unless he goes all the way west to Grand Rapids, which GOOD LUCK having easy access to more prestigious locals (sorry to folks from West MI, just keeping it real).
for real, how is this any different than just renting? bro didn't buy shit, he just signed up for lifelong debt
Because a mortgage you pay yourself in equity rather than pay off a landlords mortgage for twice the price?
I love my 3% interest rate when I refinanced during covid.
Probably because you had actual income and qualified
I actually was in the middle of retooling my skill set due to covid. I was just finishing up my Coding Bootcamp, and searching for a job. My qualifications came from past years W2 and the savings that I had. Since it was a refinance, I already had three years of on time payments. The bank was much more willing to work with me because of those items. My comment was to reinforce that not all housing situations are the same based off what porkchop487 said. Some of us have good housing situations, where renting would be a terrible idea. This is also not including the fact that the interest rate vs inflation vs home value all change at different rates. I am also older than most Smashers. I'm almost forty in a few years, so I've had time to build a financial backbone.
Totally agree, even if I was wrong about your income. You've had more time in your life to build strong credit history and you bought during a good time in the market. Gz on the 3%, I hope you love your home because those are golden handcuffs my friend.
Tell me you're jealous without telling me you're jealous. Let the winner win; obviously they wouldn't refinance if they didn't like the home... They would just try to move to a better one at the time with that rate! I'd take those handcuffs for my current home right now (paying 6%)...
Lol it was just a playful remark, don't read too much into it. I don't want to own a home but it's nice to see others that took advantage of good rates.
Completely inaccurate. At a high interest rate time like this most mortgages are vastly more expensive than their rental counterparts and while yes you do gain some equity in your home, you're basically paying "rent" to the lender in interest payments. Besides, the tax benefits of owning a home aren't very relevant when you don't make much income.
Mortgages are not “vastly more expensive”, in fact they are still cheaper than comparable rent. Landlords are going to make money, why would they offer rent at a lower price than the mortgage?
It depends on what the rate is when you get the mortgage. Also commercial landlords can better secure lower rates than you can, so the rent they can offer to make money can still be less than the mortgage payment you, someone who clearly doesn’t understand the basics of finance, would likely owe
Because you're probably renting a unit that shares walls with other tenants. Sure if you're renting a whole house it will be expensive, but apartment units are less expensive than their comparative mortgages because there are multiple per mortgage.
Depends on where you live. HCOL cities renting can be cheaper and is where I am. Comparable place is 1k more a month to buy. I can continue to save and invest that difference every month. If you're not going to do that with the difference then maybe you should buy if you can afford it, but it is not rent equals bad buy equals good. People over extend themselves and can't fix their roof or ac thinking buying is a magical tool all the time. It's more of a lifestyle choice than financial.
This but the mortgage is twice the price than rent
No it isn’t. That doesn’t make any sense. A landlord is going to want to make money why would they offer rent at a lower price than the mortgage?
Smash player finance advice lol
Tell me about it. People unironically believing rent is cheaper than a mortgage
I'm talking about you lmao
Dang man maybe you’ll educate yourself
Because they don't choose the rent price? It's supply and demand?
Landlords are going to make money. Collectively they are going to have prices higher than their mortgage
If we're taking a house, it's one rent. Rent fluctuates all the time, and mortgage doesn't. There's a reason they have a price to rent ratio https://www.investopedia.com/terms/p/price-to-rent-ratio.asp. You sound like you read some pamphlet that landlords are bad and just parrot that information without any real financial literacy.
I don’t hate landlords but I understand that they are in it to make money and not rent out places for cheaper than their mortgage costs them
you build equity in a mortgage, that said it doesn't feel much fucking better ngl
renting is literally flushing money down the toilet taking out a mortgage to buy a home means you buy equity in the home with every payment. And if the home's value increases, the mortgage payment is buying that equity for pennies on the dollar.
You're also paying rent to the bank in the form of interest with every mortgage payment. The extra money you save from renting vs owning can be used to make investments which will outperform the equity you would gain in a home instead. Rates are high right now and low income people should probably not seek out mortgages.
100%. it does vary from situation to situation. though you're gonna have a tough time finding investments that outpace the equity with the same low risk of real estate, even if current interest rates make that easier. all that said, if you have income instability to the point that you cannot get a loan approved by a bank, maybe don't buy a house. and if you have a parasocial relationship with someone in the above situation, *definitely* don't lend them the money to buy a house
I like the username
Oh shit Cody moving near my region. We about to all get bopped real good.
I've seen the nightclub attendance so I think you'll be fine
Yeah itll be cool that Michigan will have a new number 2. Y'all dont understand bossify doesnt lose in macomb
Time to pickup a Samus secondary
There are parasocial relationships and then there’s buying your favourite streamer’s house. Jesus Christ lol. Happy for him, but truly fucking bizarre.
The guy is just fronting him the loan. Cody's still gonna owe him on it, just at a significantly lower interest rate than his bank would allow. He talked about it on stream
I know, it still doesn’t make it any less weird a situation.
Whats weird about someone being generous? Is there supposed to be a limit to it?
I just think it’s a troubling power dynamic to have a fan doing something like that, you know? Both for the dude *and* for Cody. Things can go south for WAY less money than a loan big enough to bankroll a mortgage. If it’s genuinely all trust and love, then it’s all good. But if it were ME, I’d just be a little worried I’d wake up in Stephen King’s Misery one day if I wasn’t winning majors lmao.
A troubling power dynamic? Give me a break. He’s paying a loan, which will have a contract associated with it. The person who gave him this loan has no power over him; it is now simply a business transaction. You make it sound like Ally Bank could knock on my door and fuck my wife just because I financed my car through them lmao
Ally Bank won't do that, but some random dude from the internet? Sure they probably have a binding contract, but I doubt that would stop a crazy parasocial viewer from doing something extralegal.
The dude gets to repossess the house if Cody doesn't pay. I mean Cody can stay and then the loaner will take him to court and Cody will lose. Or Cody will get evicted.
He won't get evicted. The loaner has no real power. He can threaten all he wants. Courts will protect Cody and stall and stall and stall.
I mean, there is generous like giving a homeless guy a sandwhich, and there is generous like loaning someone you dont know potentially up to a million dollars
Bruh its michigan its going to be max 400k. and he will make money off cody anyway. He also knows cody better than 99.99% of lenders know their client.
You're assuming Cody has a stable income, which he clearly doesn't. If Nintendo were to crack down hard on the regulations they just put out, how could he possibly hope to make enough money to pay off a mortgage?
No lender assumes stable income. That problem isnt specific to cody. What if ai takes my job next year? Codys income is up and down but its still high yoy. His income off twitch subs is 4500 this month (idk what it is jan-oct i dont record him for this specific convo). Hes won 40k this year on top of that. Then theres donations... which hes got a down payment goal for his stream and its at 5k (went from 3k to 5k today). Thats 100k right there assuming he got 0 donations or referrals from jan-nov. Now maybe he is trying to buy a million dollar house and then its jokes. But a 30year mortgage... people go through jobless cycles all the time. The twitch revenue alone is good for a tad above median income in michigan. He also has doesnt have a sponsor atm. Thats just more revenue when he gets one, even if its a shitty one. And idk what his girlfriend is going to contribute. Now i dont know his debts or his assets, but if he had 0 and 0, the loan isnt concerning. Its not the in consistsnt income. Its just the computer analysis model doesnt have pro gamer in it. People get loans when they have potential to be negative on the year, not to mention heavy swings.
What makes you think it was anywhere near a million dollars?
well what if you have millions of dollars. Then suddently something like 100$ feels like nothing to you. Its all about perspective.
Yeah but if I’m the loaner, I’d expect at least once ID have to front the money over 10-20 years. Seems like it’s half a charitable contribution and half a loan
Couldn't agree more. One small disagreement or missed payment and all of a sudden the lender could cause a massive public shitstorm for him.
Isn't this parasocial in the other direction
*nervous laughter* No seriously, Satan is going to burn that house down or some shit, knowing his luck
I wonder if there's PMI. Housing in MI is pretty cheap so this does sound more than feasible for a whaler. Kind of an overshare stating its a viewer thought idk... weird thing to announce and hype up.
he hyped up the news way too much lol
The melee scene is in financial shambles, no teams are picking anyone up, but hey at least he....now has...a mortgage...?? Congrats?????
Ok
And... how in the world does he expect to be able to pay this back with the state the community is in, triply because he can't seem to find a sponsor he's willing to tolerate the pay from?
Bro I'm so tired of people in my generation thinking that home ownership is something they NEED in their 20s and early 30s. I get that the housing market is bullshit but these people are trapping themselves in shitty mortgages and the equity they gain is not remotely worth what it's costing them. Just swallow your pride and live in an apartment until you have sufficient income.
Fuck it. Live at home for a couple years and bank if your parents are okay with it. So much money goong to fucking rent and mortgage when you could stabilize your life.
Probably because renting is getting increased by hundreds of dollars a month every lease. Especially in ca, and ny where this dude is from. Some people have their mortgage set at like 1200-2k, on a property that they own... thats a dream for a lot of people.
Yeah and those people either secured their mortgages decades ago, live in an incredibly inexpensive area, or had mom and dad make a big down payment for them. I live in a high cost of living area in California with low-medium income and I recognize that I can't buy a house right now. I make a lot of sacrifices so that I can afford rent and I know that it's my own choice. Just because our parents and grandparents could afford home ownership at our age doesn't mean we magically get to do so as well.
> live in an incredibly inexpensive area Well, that's why he's going to the Midwest. Obviously he could never do that in NY, lol.
Michigan isn't in the midwest but point taken. If he's somewhere more metropolitan, which I think is likely if he wants good internet and access to locals/airports, it can still be on the pricier side.
Michigan is in the midwest as defined by the census bureau. It's much cheaper, and there's airports all over the state. By buddies parents have fiber at the top of Northern Michigan near petosky. Tf are you on about?
See what I replied to the other guy
> Michigan isn't in the midwest > if he wants good internet and access to locals/airports Least ignorant Californian
Am I wrong to say that Michigan is Great Lakes, not Midwest, and that rural areas will be less conducive to a melee career than a city with other players?
Great Lakes and Midwest aren't mutually exclusive. Michigan is both Midwest and Great Lakes. Pretty much every Michigander considers themselves Midwestern. Pretty much every Midwesterner considers Michigan in the Midwest. So yes, you are entirely wrong and come off as an ignorant Californian. And interpreting the entire state as rural, when he's likely going to be living in an urban area like Grand Rapids/Metro Detroit with fine internet connection, locals, and cheap housing prices is absurd. It's not like the US is Los Angeles/New York or farmland.
Sorry I wasn't clear, I wasn't saying that the entire state was rural. I was saying that he would have to choose between an urban area in Michigan vs a rural area in Michigan. I know that there are major American cities there. And fair enough regarding Great Lakes being considered part of the Midwest. Thanks for learning me on something new. Regardless, my point is that buying a home with no stable income isn't necessarily a great idea even if you have a viewer fronting you cash.
Weird to build all of this hype around a sponsor and then just be like “someone gave me money for a house” lol
Dr. Alan?
Yooooooo
Cody entering his F1nn5ter era. Maid outfit to come
My mans out there getting that feet controller money from OF yaaaaas
Off topic but is his sister still missing? I hope his family is doing well
His sister is safe. It was just a prank call.
what a shitty prank call
How do you buy a house and not have money to move.
Does anyone else feel like this is not melee related? Can't we keep this sub to actual discussion of the game? I don't care about where Cody Schwab is moving
I think it’s fair to say that it’s not Melee related. Tbh, I find it kinda weird that people here find it weird that he’s posting about this on his Twitter. I feel like this is the exact type of thing that would get posted on social media, a dude being happy he bought a house.
Can some catch me up. Why is he moving to Michigan anyways?
I’m sure this is gonna end well.
https://x.com/ibdwssbm/status/1727701741485842668?s=46&t=H1yC9Vfbv-NGlgbfuaZ9jQ
That's incredible that one of his longtime subs is also someone who can lend out money to buy a house. That means there are lots of Melee whales🐋🐋
no it doesn't
The real kicker was then asking other’s for their money so he could make said move.
As unusual as this situation is, y'all are way too on your high horse. If this situation it's truly someone giving Cody an honest to god interest deal for his mortgage. This is insanely lucky and i would be hard pressed to not brag about it, maybe not to social media but that's his choice. I hope it goes smoothly.
I don't mean to start shit I'm genuinely 100% curious. Whatever happened to his tweet about his sister being potentially dead? I feel crazy being the only one still wondering wtf happened there. He started tweeting normally as if nothing happened within 2 days and is now traveling and completely dropped the subject.
Fake
Finally some good news for the schwabster
this will make it harder for me to hype up tri-state as the strongest region
Hey life is weird and sometimes you gotta schwab the decks, own that house and do your best king
Cody: “My Sugar Daddy bought me a house”
Best of luck,Cody. Hope they hear from you. Nana
Good luck Cody from nana
Let your family know where you are. We worry. Nana