Median hhi is $75k. Vast majority aren’t doing what you describe. No red herring

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Jan 1, 2025
3:39:40pm

valleus All-American

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valleus

Bio page: valleus
Joined: Feb 1, 2017
Last login: Jan 5, 2025
Total posts: 10,273 (2,647 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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