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re: Minimum wage in the 1970s would be the equivalent of making almost $56,000 a year now

Posted on 4/22/26 at 11:11 am to
Posted by lsu777
Lake Charles
Member since Jan 2004
38054 posts
Posted on 4/22/26 at 11:11 am to
quote:

Here's my point of view. My parents didn't have much. Me and my brothers all were much more successful than the family we came from. We all sought out opportunities and moved to various places. We put in the work to make it all happen. We all found financial success by doing exactly what I said in my first post in this thread.

I think it takes someone willing to live with less while saving to be successful in today's world. I think most people are not willing to live with less.


im with scruffy in that Im not affected by this very much. certain segments of the population are going to win no matter what and no matter the politics at the time.

but i think it is disingenuous of you to say...well i came from nothing....must mean everyone can and they just arent sacrificing enough......

now if you didnt mean your post that away...fine but thats how it comes across


its also ok to say...yea in much of south LA....one can still have the american dream but it takes lots of sacrifices. and to say 150-200k starter homes are available

but at the same time be able to acknowledge that hey.....this isnt the norm across the country and at the same time ok to say....man its gotten really hard to achieve the american dream even if you get the cheaper house because everything else has gone up, especially essential's like food and insurance

also ok to understand what is now considered essential has changed too.
Posted by Techdave
Laffy
Member since Apr 2014
828 posts
Posted on 4/22/26 at 11:13 am to
quote:

Yeah, but where are those homes at and in what condition? I can find homes in Houston for under $200k but they are falling apart crack dens.


I bought my first home for $170K just north of Lafayette in 2012. It was DR Horton, yeah not the best quality but it was starter home. It was brand new at the time. Reasonably safe neighborhood. I looked it up, recently sold for $225k. Still a very nice home for a starter.

I get it that not every area has those options. But I feel like most people aren't willing to do what it takes either.
Posted by lsu777
Lake Charles
Member since Jan 2004
38054 posts
Posted on 4/22/26 at 11:13 am to
quote:


quote:
Techdave
Let me break it down very simply for your brain

Example

In 1970 it takes a 2.5 GPA to get into a college


In 2026 it takes a 3.0 GPA to get into the same college

It’s factually harder to get into that college than it used to be. Doesn’t mean it’s impossible, doesn’t mean hard work can’t get you there, but it’s just factually no arguing harder . You have to do more than those before you just to simply get to the same place. Period. The end


You are making the argument that it’s the same






i think its an ego thing for many.

just like so many dont like to acknowledge what real middle class is and they always consider themselves middle class no matter how much they make.
Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
91527 posts
Posted on 4/22/26 at 11:14 am to
Can you show us what a starter home looks like?
Posted by 777Tiger
Member since Mar 2011
92264 posts
Posted on 4/22/26 at 11:15 am to
quote:

Can you show us what a starter home looks like?


Posted by TygerLyfe
Member since May 2023
3984 posts
Posted on 4/22/26 at 11:17 am to
quote:

My tax dollars are the foundation for your success. Pipe down.


Almost everyone: "join the military? Are you nuts? That's for idiots!"

Also almost everyone: "military ppl are just welfare queens"

Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
91527 posts
Posted on 4/22/26 at 11:20 am to


Where I live and work, 200k will have you trying to stay alive as a 2nd job.
Posted by Techdave
Laffy
Member since Apr 2014
828 posts
Posted on 4/22/26 at 11:20 am to
quote:

Can you show us what a starter home looks like?


Sure bud I gotchu.

This is within driving distance to every job around Lafayette. All sorts of options in safe areas here for a first home.
LINK

Posted by lsupride87
Member since Dec 2007
111497 posts
Posted on 4/22/26 at 11:24 am to
So 2 million people should all move to Lafayette then we can watch that price go to 700k
Posted by Bayou_Tiger_225
Third Earth
Member since Mar 2016
12839 posts
Posted on 4/22/26 at 11:24 am to
quote:

You must have it too good already to consider any other option but an expensive house.
I live in BR. Bought my first house in 2022 for 325k.

This was after getting a BS and MS in accounting, passing the CPA exam, getting a job in big 4 accounting, and living with my parents for 3 years while working so I could save up. Scholarships allowed me to graduate with no debt, and I’ve driven the same truck for the past 14 years. Don’t eat out often, no frivolous spending, etc.

My gripe is that I started this journey long ago, doing everything the “right way”, and along the way the rules of the game changed….and they continue to change to make it harder and harder. Doesn’t mean I won’t stop pushing. But along the way, you’re allowed to pause for a moment and say “damn, this isn’t how it is supposed to work.”And none of that even starts to consider the AI gun barrel we are all staring down.

I guess at the end of the day I’m just tired of being gaslit by people telling me to climb the ladder, when the same people telling me to climb the ladder pulled it up with them after they climbed to a comfortable spot.
Posted by Techdave
Laffy
Member since Apr 2014
828 posts
Posted on 4/22/26 at 11:26 am to
quote:

So 2 million people should all move to Lafayette then we can watch that price go to 700k


Hey my advice isn't for the WHOLE COUNTRY I can't solve everything

But options are available for individuals.
Posted by 777Tiger
Member since Mar 2011
92264 posts
Posted on 4/22/26 at 11:26 am to
quote:

when the same people telling me to climb the ladder pulled it up with them after they climbed to a comfortable spot.


serious question, who are these people pulling up the ladder and how would one go about pulling up said ladder?
Posted by GoCrazyAuburn
Member since Feb 2010
41087 posts
Posted on 4/22/26 at 11:28 am to
quote:

Sure bud I gotchu.

This is within driving distance to every job around Lafayette. All sorts of options in safe areas here for a first home.


I won't begin to pretend I know much about Lafayette. Is this considered a safe area in Lafeyette?

Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
91527 posts
Posted on 4/22/26 at 11:28 am to
Can you try in St. Petersburg?

Obviously things will be more expensive. And I’m not complaining, or haven’t ever complained about my situation. I’m fine. But I know how hard I work and what I bring to the table and it’s hilarious that it’s just enough to get by in so many places.
Posted by lsupride87
Member since Dec 2007
111497 posts
Posted on 4/22/26 at 11:29 am to
quote:

won't begin to pretend I know much about Lafayette. Is this considered a safe area in Lafeyette?
Bro that’s exactly what leave it to beavers house looks like. The American dream



Really makes me think the Wonder Years when I see that
This post was edited on 4/22/26 at 11:30 am
Posted by Techdave
Laffy
Member since Apr 2014
828 posts
Posted on 4/22/26 at 11:31 am to
quote:

I won't begin to pretend I know much about Lafayette. Is this considered a safe area in Lafeyette?


Nah maybe skip that one.

But there are plenty in the list I shared that are safe, affordable, and not an unreasonable distance from good jobs. :
Posted by UnluckyTiger
Member since Sep 2003
43150 posts
Posted on 4/22/26 at 11:34 am to
quote:

Where I live and work, 200k will have you trying to stay alive as a 2nd job.


Bulllllshit

You live in St. Petersburg, not Monaco.
Posted by DCtiger1
Member since Jul 2009
11788 posts
Posted on 4/22/26 at 11:34 am to
I think most, including myself, have no issue acknowledging it is in fact harder to achieve the "American dream" for a number of factors. The issue I have is saying it's straight up impossible and there's no hope for current and future generations. Yes it's harder, but the ones that are willing to work towards it will still achieve it. That number will most definitely be less then the past
This post was edited on 4/22/26 at 11:35 am
Posted by lsupride87
Member since Dec 2007
111497 posts
Posted on 4/22/26 at 11:36 am to
quote:

The issue I have is saying it's straight up impossible
Who is doing that ?
Posted by DCtiger1
Member since Jul 2009
11788 posts
Posted on 4/22/26 at 11:37 am to
There's plenty of examples in the same style of thread that pops up exactly like this.

If we agree it's harder, what is the point of beating this dead horse over and over? What are we going to do to fix it?
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