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re: What do you consider middle class?
Posted on 2/10/20 at 10:15 am to lsu777
Posted on 2/10/20 at 10:15 am to lsu777
quote:
Oh I get it. But Plano, Willow Park, Roanoke, McKinney, and Allen all have median prices under 300k and are top 25 school districts in the Dallas area
You have to factor in property taxes, especially for Collin county. Those school districts come at a big cost. My FIL lives in Plano and pays like $25k a year in property tax on a house paid off over a decade ago, plus both kids went to Catholic school so he didn't even get that out of it.
quote:
.yet housing can be had in the suburbs for cheaper. Move your arse somewhere cheaper.
100%. We rent for flexibility, not affordability. Been in the same townhouse for 3 years because we knew a move was coming, which is actually happening right now. It's much easier to just not renew our lease and GTFO out of town.
3
Posted on 2/10/20 at 10:16 am to TH03
quote:
My FIL lives in Plano and pays like $25k a year in property tax
Jeebus.
Posted on 2/10/20 at 10:29 am to RogerTheShrubber
quote:
Why is it weird? People complain about student loans day and night here.
You don't find it weird that people want to be considered middle class and simultaneously keep up with the Joneses?
Posted on 2/10/20 at 10:30 am to GreatLakesTiger24
quote:
he makes good points but using the south Louisiana housing market and engineer job market is pretty misleading. Could have made salient, factually correct points without using outlier data.
Ok well let's do this. I worked as a laborer busting concrete in the summers around 2001-2004. I made 7.25/hour which is roughly 15k a year. I just left a company that does concrete repair who was hiring at a starting wage of 20/hour with zero experience. That's roughly 41k a year. Yea a little more than inflation.
Class B helpers have gone from 13/hour to 30/hour.
All the craft have had this type of increase.
Operations used to make 20/hour starting. Top pay of 30/hour usually. Top pay now is routinely 45-50/hour now.
But let's go females...company I left last year that does concrete repair...pays the secretary 20+/hour. In 2001 they were luck to be making $8/hour.
As far as housing...if yu are making 100k in high cost of living areas....don't have kids. People making stupid decisions.
Posted on 2/10/20 at 10:33 am to slackster
quote:do they tho?
People complain about student loans day and night here.
Posted on 2/10/20 at 10:34 am to TH03
quote:
You have to factor in property taxes, especially for Collin county. Those school districts come at a big cost. My FIL lives in Plano and pays like $25k a year in property tax on a house paid off over a decade ago, plus both kids went to Catholic school so he didn't even get that out of it.
Jesus fricking christ. That's nuts. But again, rent and then move somewhere cheaper lol. Glad to see you are one of the smarter ones.
Posted on 2/10/20 at 10:35 am to RogerTheShrubber
quote:
Our friend here earlier who claimed he would have been better off 40 years ago probably wouldn't want t live in the type of house people lived in 40 years ago.
Our friend was somewhat correct, he was simply blaming the wrong thing (taxes). Things are not necessarily that much better or worse today than they were in 1980. We've hashed this out many times on this board.
Posted on 2/10/20 at 10:36 am to lsu777
Again... most places aren’t like lake Charles
Posted on 2/10/20 at 10:36 am to slackster
But Bernie said....
Posted on 2/10/20 at 10:37 am to GreatLakesTiger24
quote:
Again... most places aren’t like lake Charles
actually most places are
Posted on 2/10/20 at 10:39 am to GreatLakesTiger24
quote:
Again... most places aren’t like lake Charles
Speaking of bubbles...
Posted on 2/10/20 at 10:40 am to TH03
quote:
My FIL lives in Plano and pays like $25k a year in property tax
$25k a year is a $2M home, definitely not middle class.
$1.5M home paid $18,888 in 2019
Posted on 2/10/20 at 10:43 am to GreatLakesTiger24
quote:
Again... most places aren’t like lake Charles
Easily. Outrageous housing markets arent the norm.
Posted on 2/10/20 at 10:43 am to lsu777
quote:
But again, rent and then move somewhere cheaper lol. Glad to see you are one of the smarter ones.
Well we aren't moving somewhere cheaper.
But we got a bigger place for just $300/month more even though we'll bring in about 40% more this year.
Posted on 2/10/20 at 10:44 am to Salmon
quote:very few small cities have swla’s level of economic growth
actually most places are
Posted on 2/10/20 at 10:45 am to bad93ex
I never said he was middle class.
Posted on 2/10/20 at 10:45 am to GreatLakesTiger24
quote:
very few small cities have swla’s level of economic growth
and the cost of living would also reflect that
Shreveport is economically dead and is cheap as frick
Posted on 2/10/20 at 10:46 am to Salmon
quote:
actually most places are
Exactly....the big huge metros are the exception, the smaller mid sized places are the norm.
But even places like Chicago show an actual wage growth of like 15% in the last 20 years. That's an average after inflation.
Again people are so stuck in their bubble they can't look at statistics with an unbiased opinion.
And ok....let's say lake Charles to Beaumont are the exceptions. Why are more people moving to these places or similar places?
I'm sure I will get an answer of.... because they suck. If you have a family that is a dumbass answer. Good schools, cheap housing good pay without a degree is the trifecta for those without a degree.
Posted on 2/10/20 at 10:46 am to Centinel
quote:idiot x2
Speaking of bubbles...
Try and follow along lil buddy
Posted on 2/10/20 at 10:48 am to mmmmmbeeer
quote:What exactly are we supposed to be seeing?
Meanwhile, those of us in the middle don't see shite and haven't seen shite for decades.
We see a voting booth, but dont do shite about anything. We send the same broke dicks to public office year in and year out because of a letter after their name.
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