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[–] 12 points 1 year ago (9 children)

WTF. My household earns almost 100k/yr. Me, my spouse, and child live comfortably without financial issues. 150k sounds pretty good to me.

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  • [–] 9 points 1 year ago

    1000 sq ft houses in my neighborhood list for 700-800k and sell for well over asking, and this whole area was heavily polluted by heavy industry in the 50s. Rentals start at almost $3k a month. It's all relative to where you live.

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  • [–] 12 points 1 year ago (2 children)

    Have you considered buying two extra BMWs and doubling the size of your house? Gotta live paycheck to paycheck and make those neighbors jealous!

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  • [–] 9 points 1 year ago (1 child)

    Luxury SUVs on lease are obviously a wise financial move.

    Got to make sure to have 3 kids to make sure your finances are in order.

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  • [–] 2 points 1 year ago* (last edited 1 year ago)

    We had three kids, all grown now. I'm not massively well-paid, earn a standard software-person salary. We never had financial difficulties, despite living in the SF Bay Area for much of that time.

    This is a matter of priorities, not of affordability. I've always driven second-hand cars and wasn't a spendthrift when making decisions about holiday destinations, home improvements or other discretionary spending. I seldom borrowed money for anything but genuine capital improvements with positive ROI. Not having any expensive vices helped too. That's all it took.

    It's not what you get, it's what you keep that matters. Deferred gratification is an effective strategy. Few of my colleagues had the discipline to do that. Now that I'm nearing retirement, I'm seeing the pay-off: my disposable income will increase considerably once I retire.

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  • [–] 6 points 1 year ago

    Looking into the article more closely, it has doubled...to 0.34%.

    So that's about 437,000 households, which isn't nothing. If you put them all in one US city, it'd be bigger than Jacksonville, which would put it into the top 10 by population.

    Still, it makes it easy to not be affected; just don't live in Jacksonville.

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