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re: Salary of $115,627 needed in order to qualify for a mortgage on a typical American home
Posted on 10/18/23 at 10:40 am to fareplay
Posted on 10/18/23 at 10:40 am to fareplay
Yes in “flyover states”. Not everybody gets to live in a major city/coastal area and never have. The entitlement to think 90% of the country isn’t good enough for you because it doesn’t have a Starbucks or pickle all
Court lol
Court lol
Posted on 10/18/23 at 10:43 am to OGtigerfan87
It’s hard for college graduates to find jobs in some dying town in the middle of nowhere.
Posted on 10/18/23 at 10:44 am to OGtigerfan87
quote:
because it doesn’t have a Starbucks
There it is, called it
Posted on 10/18/23 at 10:45 am to OGtigerfan87
quote:
Yes in “flyover states”. Not everybody gets to live in a major city/coastal area and never have. The entitlement to think 90% of the country isn’t good enough for you because it doesn’t have a Starbucks or pickle all Court lol
That doesn’t mean it’s significantly cheaper when you add up travel and commute for a job that is likely outside of that area. Especially with the cost of gas and automobiles today.
Shelbyville is about 40 minutes from downtown Louisville without traffic. That increases to over an hour in traffic on 64 (add about 15 more minutes if you don’t take 64).
This what you’re getting under $200k there. And it’s barely under.
With the median household income in Kentucky at around $55k, they’re likely not working jobs making enough to sustain a decent life (we’re not talking extravagant) just to have a decent home outside of the city.
Posted on 10/18/23 at 10:46 am to OGtigerfan87
I grew up in a town of 11k people and saw the 08 recession wipe out all the businesses. Those towns are almost dead now.
Posted on 10/18/23 at 11:04 am to OGtigerfan87
quote:
Yes in “flyover states”. Not everybody gets to live in a major city/coastal area and never have. The entitlement to think 90% of the country isn’t good enough for you because it doesn’t have a Starbucks or pickle all
The problem here is that you think it's an entitlement issue when the real reason why younger college grads want to move to cities is because that's where the jobs are.
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