"We need to stop expecting the same damn people who bought a four-bedroom home and a brand-new Cadillac convertible off of a $30,000-a-year salary to understand what it’s like to be working 40-plus hours a week with a master’s degree and still not being able to afford a 400-square-foot studio apartment in bumf-ck Iowa"
"We need to stop expecting the same damn people who bought a four-bedroom home and a brand-new Cadillac convertible off of a $30,000-a-year salary"
This hasn't been the case for many decades and not in my lifetime (I'm in my 40s).
However, many people now can afford to get an apartment in 'bumf-ck Iowa', but want something close to where they work, and can't afford it.
I’m in my 50s. Neither I nor any of my friends could afford a four bedroom home or a Cadillac at the age working Gen Zers are now. We all lived in apartments or run down houses with 3 or 4 other roommates and drove falling apart junk used cars. Most of us worked temp jobs or waited tables for a few years after college because there was a recession and no jobs to be had.
Is housing more expensive today as a percentage of income than it was then? Yes, the numbers don’t lie but there also seems to be a major misperception regarding the reality of the past and when you start spouting of misinformation about what others lived through and you didn’t it is hard to get them to listen to the rest of what you have to say.
"We need to stop expecting the same damn people who bought a four-bedroom home and a brand-new Cadillac convertible off of a $30,000-a-year salary to understand what it’s like to be working 40-plus hours a week with a master’s degree and still not being able to afford a 400-square-foot studio apartment in bumf-ck Iowa"
"We need to stop expecting the same damn people who bought a four-bedroom home and a brand-new Cadillac convertible off of a $30,000-a-year salary"
This hasn't been the case for many decades and not in my lifetime (I'm in my 40s).
However, many people now can afford to get an apartment in 'bumf-ck Iowa', but want something close to where they work, and can't afford it.
I’m in my 50s. Neither I nor any of my friends could afford a four bedroom home or a Cadillac at the age working Gen Zers are now. We all lived in apartments or run down houses with 3 or 4 other roommates and drove falling apart junk used cars. Most of us worked temp jobs or waited tables for a few years after college because there was a recession and no jobs to be had.
Is housing more expensive today as a percentage of income than it was then? Yes, the numbers don’t lie but there also seems to be a major misperception regarding the reality of the past and when you start spouting of misinformation about what others lived through and you didn’t it is hard to get them to listen to the rest of what you have to say.