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re: The Medium income Amercan Family now earns 1/2 the income needed to buy the avg home.

Posted on 3/13/25 at 1:14 pm to
Posted by Night Vision
Member since Feb 2018
22056 posts
Posted on 3/13/25 at 1:14 pm to
I can't make it daddy!

I can't do it!
Posted by Eric Nies Grind Time
Member since Sep 2012
25507 posts
Posted on 3/13/25 at 1:14 pm to
Ok. What specific numbers would you suggest for someone wanting to buy an average home in the city of Atlanta while maintaining financial security for a family of four?
Posted by Night Vision
Member since Feb 2018
22056 posts
Posted on 3/13/25 at 1:15 pm to
First thing you need to do is move out of Atlanta.
Posted by RollTide4547
Member since Dec 2024
4723 posts
Posted on 3/13/25 at 1:17 pm to
quote:

we're talking about needing to be in the top 5% of earners just to afford what was once considered a middle-class lifestyle.
You're talking about that, because you want to live in the area you want to live. You can live and live quite well in a rural setting.
Posted by Eric Nies Grind Time
Member since Sep 2012
25507 posts
Posted on 3/13/25 at 1:17 pm to
Posted by Night Vision
Member since Feb 2018
22056 posts
Posted on 3/13/25 at 1:21 pm to
When the crap hits the fan what are you going to do to survive in Atlanta?

You may or many not be able to get away using your car, then what?

Posted by Eric Nies Grind Time
Member since Sep 2012
25507 posts
Posted on 3/13/25 at 1:22 pm to
Posted by Eric Nies Grind Time
Member since Sep 2012
25507 posts
Posted on 3/13/25 at 1:22 pm to
My fists are designated weapons similar to Nic Cage in Con Air.
Posted by Bigdawgb
Member since Oct 2023
4282 posts
Posted on 3/13/25 at 1:23 pm to
quote:

We bought our house and 54 acres in 2011 for 280K. Bought the 40 acres that joined us for 120 a couple years later. We've invested a total of 400K. Land is worth about a million and house 400K today.


Doesn't this illustrate the problem?? Your property increased in value 350% over that timeframe. Your house alone increased by 40%+. And you're already driving 67 miles, it's going to be hard to go even further out.

If you know any jobs that pay 3x what they did a decade ago let me know.

Edit: and your land went up almost 10x in 14 years. The people who can do that ON PURPOSE will never worry about affording a thing in any economy, ever.
This post was edited on 3/13/25 at 2:11 pm
Posted by Boss
Member since Dec 2007
1797 posts
Posted on 3/13/25 at 1:23 pm to
I'm also 48, and this is the 5th house I have owned. How old are you? I had nothing for a long time
Posted by RollTide4547
Member since Dec 2024
4723 posts
Posted on 3/13/25 at 1:27 pm to
quote:

Eric Nies Grind Time
Green Acres is quite nice. I live on 94 and love it. Point is you're still a child. Grow up, do what is necessary to get what you want.
Posted by Craig86
Florida
Member since Oct 2012
2088 posts
Posted on 3/13/25 at 1:28 pm to
"Let them eat cake!" Am I doing it right?
Posted by Boss
Member since Dec 2007
1797 posts
Posted on 3/13/25 at 1:29 pm to
quote:

Green Acres is quite nice. I live on 94 and love it. Point is you're still a child. Grow up, do what is necessary to get what you want.


He was talking about childcare, so I am guessing he has two young kids and is younger than 32.
Posted by Craig86
Florida
Member since Oct 2012
2088 posts
Posted on 3/13/25 at 1:30 pm to
It's actually conservatives that have most of the zoning laws in place. You have to have enough land, you can't build this high, you can't build this wide, it has to be all single family homes, there needs to be this many acres, there has to be enough room for at least six bedrooms, etc, etc, etc.

Urban sprawl. If you want to make it work you're going to have to go back to how post-war homes were all the same and literally packed together. That's supposed to be when America was great so let's get back to it.
Posted by GeauxBurrow312
Member since Nov 2024
6273 posts
Posted on 3/13/25 at 1:30 pm to
These comments seem to imply the US should not have a middle class

Median = middle, according to the "save up" comments the middle class of this nation should drive a shithole, eat cabbage for every meal, and cram a nuclear family into a small house in a shitty neighborhood OR live 70 miles from where they work

To me, that sounds more like lower class if not poverty
Posted by RohanGonzales
Pronoun: Whatever
Member since Apr 2024
10726 posts
Posted on 3/13/25 at 1:31 pm to
quote:

"Let them eat cake!" Am I doing it right?


She never actually said that, figures a leftist would use a lie.
Posted by Eric Nies Grind Time
Member since Sep 2012
25507 posts
Posted on 3/13/25 at 1:31 pm to
I do have two young kids. Older than 32 though. Took me a while to get to where we could afford to have kids.
Posted by the808bass
The Lou
Member since Oct 2012
128852 posts
Posted on 3/13/25 at 1:31 pm to
quote:

What specific numbers would you suggest for someone wanting to buy an average home in the city of Atlanta while maintaining financial security for a family of four?


So you’re limiting your argument to Atlanta. Makes sense. What’s true for Atlanta is obviously true for the rest of America.
Posted by RollTide4547
Member since Dec 2024
4723 posts
Posted on 3/13/25 at 1:31 pm to
quote:

He was talking about childcare,
Pretty sure we are talking about being able to purchase a home. At least I was.
Posted by Eric Nies Grind Time
Member since Sep 2012
25507 posts
Posted on 3/13/25 at 1:34 pm to
Yeah I am really only familiar with Atlanta real estate.
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