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Started By
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re: Millennials being squeezed out of middle class, says OECD
Posted on 4/11/19 at 11:28 am to chalmetteowl
Posted on 4/11/19 at 11:28 am to chalmetteowl
quote:
me where in Louisiana, bc I'm pretty sure if any state has those areas, we do.
I mean I like Bernie Sanders, but you're spouting bullshite
Let me clarify.
We have poor areas in LA and AL. Same goes for all the Deep South states. You can blame some of this on bad life decisions. But a larger problem is how much money we allocate to local economies for businesses versus the amount given by our welfare system. There is arguably no reason for our poor to work versus living on welfare (aside from knowing that's wrong).
Many areas are devastated because the lack of industry has ruined them.
This post was edited on 4/11/19 at 11:29 am
2
Posted on 4/11/19 at 11:30 am to lsunurse
What overpriced area in the country do you live where you can't?
Posted on 4/11/19 at 11:31 am to volod
quote:
volod
Posted on 4/11/19 at 11:56 am to Clames
quote:
Governments must listen to people’s concerns and protect and promote middle class living standards. This will help drive economic inclusive and sustainable growth and create a more cohesive and stable social fabric.”
Government created this problem by subsidizing every loser that wanted to go to college and then making sure they got to sit at the feet of socialist professors while they pursued worthless degrees, so of course now the solution is more government.
And F the middle class. I grew up poor and learned life’s lessons the hard way, but middle class was never my goal.
Posted on 4/11/19 at 12:09 pm to pioneerbasketball
quote:
baby boomers ruined this country.
Lame excuse for the I want everything now generation.
Posted on 4/11/19 at 12:13 pm to Stumplstiltzkin
I am a millennial. My income supports my family, has allowed us to purchase a home within a relatively high cost of living area, and save for retirement.
It hasn’t been easy, and perhaps my parents generation had a more simple path. I don’t really know because I didn’t live in the time of their childhood.
There is more information available now than ever before. If people find an area unlivable/unaffordable, then they need to change careers, move, or both.
It hasn’t been easy, and perhaps my parents generation had a more simple path. I don’t really know because I didn’t live in the time of their childhood.
There is more information available now than ever before. If people find an area unlivable/unaffordable, then they need to change careers, move, or both.
Posted on 4/11/19 at 2:44 pm to Areddishfish
quote:
$50k - $70k single
$80k - $120k family
31-60k single
50-90k family
Posted on 4/11/19 at 3:20 pm to Areddishfish
$70k young single guy in the South is ballin and very easily upper middle class. Most people make way less than you think, and the stats prove it.
Posted on 4/11/19 at 3:25 pm to volod
quote:
Many areas are devastated because the lack of industry has ruined them.
Creative, innovating, motivated people end up with what they want.
The rest, complain about their lot in life.
Regardless of where you choose to live, there is opportunity. You just gotta find it.
Posted on 4/11/19 at 3:40 pm to chalmetteowl
quote:
if I have to ask who they are, it's not gonna make your shite jump up
Yeah it is. That and Dynomo training field, 288 expansion and just flattened more land to build more subdivisions.
Plus we putting a SpaceX launch pad in my driveway.
Posted on 4/11/19 at 4:03 pm to TH03
quote:
Yeah, some guy with a promising career is just gonna move to bawcomville just so he can buy a house for $180k.
That's life choices. If he wants to stay don't bitch about how much the housing cost. Geez
Posted on 4/11/19 at 4:09 pm to CoeJ
quote:
You mean to be able to owe a bank $170k plus interest for the next 30 years?
That's being poor.
well all of us can't just pay cash for a house there Richie Rich.
Posted on 4/11/19 at 4:20 pm to Buckeye06
quote:
I do think the definition of a family making 80k as middle class is wrong. I don't think if you have a wife/husband and 2 kids 80k is anywhere near enough
Eh, I think 80-90k (a wider band is probably from about 65-115k or so) is about what I classify as middle class for a family of 4. Obviously it depends on where you live, but that (80-90k) is basically a young couple where both are making teacher level salaries (again depending upon where you live).
Posted on 4/11/19 at 4:24 pm to SEClint
quote:
To be able to have something like this in a decent town surrounding a nice city.
In the Denver metro area, that's a $700,000+ house.
Posted on 4/11/19 at 4:32 pm to crash1211
quote:
That's life choices. If he wants to stay don't bitch about how much the housing cost. Geez
I think the point is that people in Dallas aren't bitching, they're just renting until they can buy something. For whatever reason, people clown them for that decision, so they point out their career won't go the same if they move.
Posted on 4/11/19 at 4:33 pm to pioneerbasketball
quote:
baby boomers ruined this country.
Without us boomers you’d all be speaking Vietnamese
Posted on 4/11/19 at 4:36 pm to crash1211
quote:
That's life choices. If he wants to stay don't bitch about how much the housing cost. Geez
Let me completely give up ambitions for a huge career and live in a shitty cheap town just because housing is more affordable.
Some people want to do more than turn a wrench for 60 years.
This post was edited on 4/11/19 at 4:36 pm
Posted on 4/11/19 at 4:47 pm to Buckeye06
quote:
I do think the definition of a family making 80k as middle class is wrong. I don't think if you have a wife/husband and 2 kids 80k is anywhere near enough
The median family income for households with children is $71k as of 2017. More than 50% of families in this country get by on less than $80k.
Is it as comfortable as we'd all like? Nah, of course not, but they do it.
Posted on 4/11/19 at 4:48 pm to Stumplstiltzkin
Living in your parents basement is middle class now?
Posted on 4/11/19 at 4:49 pm to slackster
What compounded the 2008 crash was the fact that many people moved to BFE suburbs in order to live the American dream of owning more house than they could afford and making absurd commutes, often in old beater cars or new ones they also couldn’t afford. This makes your vehicle a literal lifeline. Lose your car and you lose your job and then your house.
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