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Started By
Message
re: How can the average person afford to live?
Posted on 9/2/23 at 10:46 pm to bird35
Posted on 9/2/23 at 10:46 pm to bird35
quote:
I have told my kids we are heading into an era without a middle class. We will have 30% elite and 70% poor. Choose your career accordingly.
Every electrician, plumber, & trim carpenter I know is absolutely crushing right now. Very little debt to become a licensed trade.
Or just go get a job at Buc-ee’s. Might be my retirement career.
0
Posted on 9/2/23 at 10:46 pm to Stonehog
quote:Run those numbers adjusted for square footage, appointments/accoutrements, and interest rates ... then let's have that discussion about "willful ignorance."
It’s common knowledge at this point, if you think everything is the same now as it was for you then you’re being willfully ignorant.
Posted on 9/2/23 at 10:46 pm to David_DJS
quote:
Do you believe “median home” in terms of size, finishing and amenities has not changed over the last 50 years?
Totally irrelevant.
Posted on 9/2/23 at 10:48 pm to Stonehog
quote:
It’s a pretty simple graph to read.
So simple it’s almost as if it doesn’t tell the whole story.
Posted on 9/2/23 at 10:48 pm to Stonehog
quote:Yes it is. Simple is as simple does.
It’s a pretty simple graph to read.
Posted on 9/2/23 at 10:48 pm to Stonehog
quote:Oh my!
Totally irrelevant.
Posted on 9/2/23 at 10:51 pm to Penrod
quote:
I was willing to go out in the hot sun and labor
This made me laugh. Do you have any idea what the average laborer in Louisiana makes per hour? You act like work ethic is the problem. Hint: it isn't. Wages are not keeping up with cost of living. A guy making an average laborer's wage isn't making squat.
Posted on 9/2/23 at 10:53 pm to Flats
quote:
So simple it’s almost as if it doesn’t tell the whole story.
We bought our house in 2019 for $200k. Same exact house in our neighborhood now is $300k. Same floor plan and finishings. But y’all keep pretending that this is normal and you had it harder.
Posted on 9/2/23 at 11:03 pm to Stonehog
quote:
Totally irrelevant.
You are economically illiterate.
Posted on 9/2/23 at 11:05 pm to Stonehog
quote::
Totally irrelevant.
If we're going to play that game, why not just say the difference in price is "totally irrelevant". I mean, as long as we're ignoring things. 
And fewer people in them...
> Not to mention the massive decrease in cost of goods like TVs, appliances, etc in real dollars. And just to pile on the difference in available credit, decasdes of favorable interest rates, changes to downpayment requirements, and on and on and on.
Posted on 9/2/23 at 11:08 pm to David_DJS
quote:
You are economically illiterate.
And your whole argument is that houses are nicer now and that’s why they’re more expensive. You’re still not grasping the lack of buying power of younger generations compared to yours due to stagnant wages and inflation.
Posted on 9/2/23 at 11:18 pm to Damone
quote:
But hey, corporate profits are at an all-time high so The Market will surely sort this out.
Please explain how “corporate profits” are causing the inflation reflected in the OP.
Posted on 9/2/23 at 11:19 pm to Stonehog
quote:
You’re still not grasping the lack of buying power of younger generations compared to yours due to stagnant wages and inflation.
Posted on 9/2/23 at 11:23 pm to Taxing Authority
Difference in housing costs dwarf both of your examples and those are both luxury items, not basic human necessities.
This post was edited on 9/2/23 at 11:24 pm
Posted on 9/2/23 at 11:23 pm to Taxing Authority
It's almost as if government subsidies cause prices to go up. Weird huh?
Posted on 9/2/23 at 11:23 pm to Stonehog
quote:
Difference in housing costs dwarf both of your examples.
yeah. It's only those two things. Posted on 9/2/23 at 11:24 pm to Stonehog
quote:
You’re still not grasping the lack of buying power of younger generations compared to yours due to stagnant wages and inflation.
When I graduated from college inflation was double digits, mortgage rates were double digits - peaked at 17%, I believe.
And I’d did’t blame my parents or grandparents.
quote:
And your whole argument is that houses are nicer now and that’s why they’re more expensive.
In part, yes. But just part.
Life is better and easier today for all than it was 50 years ago. And 50 years ago life was better and easier than 50 years before that.
Posted on 9/2/23 at 11:26 pm to Taxing Authority
quote:
yeah. It's only those two things.
You posted a really interesting graph that kills your whole argument.
Posted on 9/2/23 at 11:27 pm to Stonehog
quote:
You posted a really interesting graph that kills your whole argument.
You should look again. Housing is below the hourly wage line. 
Posted on 9/2/23 at 11:30 pm to David_DJS
quote:
Life is better and easier today for all than it was 50 years ago. And 50 years ago life was better and easier than 50 years before that.
I thought we were living in a dystopia?
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