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re: How someone affords a median lifestyle in Dallas Texas

Posted on 4/4/24 at 11:55 am to
Posted by fareplay
Member since Nov 2012
4900 posts
Posted on 4/4/24 at 11:55 am to
My “struggling” is not really struggling. I’m annoyed at stuff costing more, but money isn’t really that big of an issue (but about to buy a median home in my area so maybe it is idk)
This post was edited on 4/4/24 at 11:56 am
Posted by Oilfieldbiology
Member since Nov 2016
37559 posts
Posted on 4/4/24 at 11:55 am to
quote:

This is a free country. You want to spend your income on frivolous shite then bitch because you can't afford anything, go ahead. But that's no one else's problem but yours.


Ehhh, there are expenses now that boomers did not have to pay:

Mandatory insurance on everything
Cell phone plans
Internet

All of these are major monthly spends on top of the ever increasing cost of homes and food. I really do see it as a problem, but I also know that jacking up minimum wage isn’t the fix.
Posted by Jones
Member since Oct 2005
90567 posts
Posted on 4/4/24 at 11:56 am to
quote:

Were you kicked in the head by a horse as a child?



Go look at his thread started history. I honestly dont think hes a troll. I think he is just stupid.

I dont think English is his first language. He strikes me as Indian.
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
52854 posts
Posted on 4/4/24 at 11:56 am to
quote:

People who make ~$75,000 are living day to day they are basically poverty level

$100,000 when I was a child was a LOT of money. Now that is barely enough to afford mild comfortabilities.

Get your head out of your arse.


Just depends on where you live.

I make around $90k per year and live very comfortably IMO.
Posted by riverparish
Member since Dec 2007
1173 posts
Posted on 4/4/24 at 11:56 am to
quote:

Does anyone start with a small House and work their way up?


No because the younger generation wants to start off where their parents ended up.
Posted by lsuguy84
CO
Member since Feb 2009
19818 posts
Posted on 4/4/24 at 11:57 am to
Maybe you should forgo that 2 million dollar home and put some money away for a while
Posted by Oilfieldbiology
Member since Nov 2016
37559 posts
Posted on 4/4/24 at 11:57 am to
quote:

My wife was offered 1MM to take a job in rural NY 3 hours away from NYC and turned it down. It isn’t worth it, people aren’t robots


So only robots can find joy living somewhere not NYC?
Posted by TigerFred
Feeding hamsters
Member since Aug 2003
27179 posts
Posted on 4/4/24 at 11:57 am to
So buy a cheaper home.

Currently in Dallas on Zillow there are 502 of 1705 listings under $400K.

Posted by StringedInstruments
Member since Oct 2013
18433 posts
Posted on 4/4/24 at 11:57 am to
quote:

Median house price in Dallas: 400k


You also need to consider that "median" homes in metro areas are usually really small or in shite hole areas.

A quick Zillow search shows that homes for sale in Dallas, TX for $400k-$450k are around 1500-1800 square feet. I don't know the area that well to know what's good or not.

For many who want a "middle class" life, they're looking for a nice, sizable house in a good school system with safe places for their kids to grow up. Does the median get you that? How much would someone need to make in Dallas to achieve that lifestyle?

I'm thinking at least $200k household.
Posted by fareplay
Member since Nov 2012
4900 posts
Posted on 4/4/24 at 11:58 am to
This really is a bad solution because I work in tech and most of my colleagues went over seas to Europe or Asia for cheaper rent even vs rural America while having much better amenities
Posted by Oilfieldbiology
Member since Nov 2016
37559 posts
Posted on 4/4/24 at 11:58 am to
quote:

No because the younger generation wants to start off where their parents ended up.


This is a huge issue too. People my age (under 40) are taking family and couples trips to Europe and the Caribbean and all over the world. fricking how?
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
52854 posts
Posted on 4/4/24 at 11:59 am to
quote:

Ehhh, there are expenses now that boomers did not have to pay:

Mandatory insurance on everything
Cell phone plans
Internet

All of these are major monthly spends on top of the ever increasing cost of homes and food. I really do see it as a problem, but I also know that jacking up minimum wage isn’t the fix.

Also multiple vehicles, electronic devices, expensive vacations, etc
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31211 posts
Posted on 4/4/24 at 12:00 pm to
Baws, the government will make ze pods much more affordable.
Posted by fareplay
Member since Nov 2012
4900 posts
Posted on 4/4/24 at 12:02 pm to
Vehicle prices almost 10x from when boomers bought them. Most electronics didn’t exist,etc. is the expectation that we move back 40 years?
Posted by StringedInstruments
Member since Oct 2013
18433 posts
Posted on 4/4/24 at 12:03 pm to
quote:



This is a huge issue too. People my age (under 40) are taking family and couples trips to Europe and the Caribbean and all over the world. fricking how?



Don't forget the two new vehicles, updated wardrobes, and travel ball for the kiddos.

I don't get it either. My wife and I make $140k, and we live very comfortably. But there's a lot we don't do to afford life right now.
Posted by Dragula
Laguna Seca
Member since Jun 2020
4929 posts
Posted on 4/4/24 at 12:03 pm to
quote:

This is my point. Even if I do what the boomers want and live like a bot and save as much money as I can, it ain’t enough.


Didn't you start threads not long ago asking for input about buying Porsches and Corvettes ?


LINK
Posted by Oilfieldbiology
Member since Nov 2016
37559 posts
Posted on 4/4/24 at 12:04 pm to
quote:

Don't forget the two new vehicles, updated wardrobes, and travel ball for the kiddos. I don't get it either. My wife and I make $140k, and we live very comfortably. But there's a lot we don't do to afford life right now.


My wife and I make great money. It still baffles me what I see people driving and affording.
This post was edited on 4/4/24 at 12:07 pm
Posted by fareplay
Member since Nov 2012
4900 posts
Posted on 4/4/24 at 12:05 pm to
What’s wrong with that? I can afford them. Not related to this topic
Posted by lsuguy84
CO
Member since Feb 2009
19818 posts
Posted on 4/4/24 at 12:06 pm to
He also said a few days ago he works in econ and now he works in “tech”. He can’t keep his lies straight.
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
52854 posts
Posted on 4/4/24 at 12:07 pm to
quote:

Vehicle prices almost 10x from when boomers bought them. Most electronics didn’t exist,etc. is the expectation that we move back 40 years?


Modern vehicles are also much more luxurious than the vehicles boomers were buying too.

More luxury is going to cost more.

Most Americans complain about how everything was more affordable for boomers but would not live that same lifestyle.
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