re: Anybody else starting to feel the Squeeze?

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Taxes and the cost of goods has gotten completely out of hand.

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Taxes were completely out of control last year. I couldn't believe how much I was paying.

And I can't justify going to Publix anymore. It's not the only place, but it's somewhere where every item there just seems wildly overpriced. I couldn't believe how much I was spending on limited food/drinks.

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They are trying to break the working class

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Yeah someone start that thread where everyone comes in here and talks about how their paychecks have doubled or tripled in the last 5 years. Not saying my earning haven't gone up in that time frame but nothing compared to how costs of everything else has skyrocketed. I do worry where this ends and then you throw in the government telling me my social security I have paid into for decades will not be around when I retire just compounds things.

Saw this clip of Andrew Tate and he summarizes exactly what's going on right for all of the middle class. The squeeze on us is all going according to plan to keep us funding the government as we struggle to make ends meet.



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It's crazy. I'm not a homeowner yet but I aspire to be. What are people paying a mortgage that goes up hundreds of dollars over 3 or 4 years supposed to do? I was always told a positive of home ownership is you pay the same monthly mortgage over years while building equity in an appreciating asset but that's not the truth today.

NB4 "no, not poor.."

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I bought my house in 2016 and the payments have nearly doubled in the 7 years I've been here. It was simply due to property tax increases...it has increased nearly 200% in those 7 years and that is even with switching companies 3 times (the switches still resulted in increases just not as high of an increase). My property tax has been the same amount for the last 3 years and has had a trivial increase (less than $200 over the entire 7 years).

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I have been in my house 10 years and my property taxes have gone up a total of 4k in that time frame with the latest increase . That's not counting what i was paying when i moved in. My home owners insurance has tripled and it seems at this rate it will keep increasing every year. Owning a home is great and all but it's beginning to take a big bite out of my budget and that's with a 30 year fixed rate at 2.25%. I cant imagine if i had a rate of 6 or 7%. If this keeps up i could see a real recession coming soon.