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Jan 1, 2025
12:51
:14
pm
BaseCoug
Contributor
Throughout most of history everyone was poor, I think we’re just going back to
That.
Only in this case, being poor isn’t really that bad. It’s just the wealth gap will be the same
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BaseCoug
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BaseCoug
Joined
Oct 12, 2023
Last login
Jan 4, 2025
Total posts
4,597 (0 FO)
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Messages
Author
Time
Interesting piece from the WSJ, article linked in body of post:
MotorCityCoug
Jan 1, 12:43pm
Flat screen TVs are cheap. Decent housing is prohibitively expensive.
valleus
Jan 1, 12:48pm
But that stuff adds up. If someone buys a new flatscreen every years for 10 year
AggieWeekendCougar
Jan 1, 1:32pm
$10k is chump change compared to what’s happened to SFHs
valleus
Jan 1, 2:44pm
It’s only one example of many different possible ways to save money.
BleedCougarBlue2
Jan 1, 2:56pm
All that is true, but it pales in significance to what has happened with housing
valleus
Jan 1, 3:12pm
Go to the Midwest, plenty of affordable housing. If you want a home bad
MotorCityCoug
Jan 1, 3:23pm
Sure, if you want to live in Anacostia. You got to go where the jobs are - you
valleus
Jan 1, 3:42pm
Plenty of jobs in the Midwest.
MotorCityCoug
Jan 1, 4:03pm
The list I gave is upwards of $10k PER YEAR, compounded over a decade is a $200k
AggieWeekendCougar
Jan 1, 3:28pm
Median hhi is $75k. Vast majority aren’t doing what you describe. No red herring
valleus
Jan 1, 3:39pm
The article was talking about a partner at a law firm and their also prifessiona
AggieWeekendCougar
Jan 1, 7:12pm
Throughout most of history everyone was poor, I think we’re just going back to
BaseCoug
Jan 1, 12:51pm
Good points about wasting time, not making critical decisions and progression,
Mitty
Jan 1, 1:10pm
I don't observe expectations adjusting downward, quite the opposite.
Ezy
Jan 1, 2:52pm
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