I live in the USA, and our future seems more bleak than it ever has. Is not about politics, although politicians do have an impact on it. It’s really about our quality of life, and cost of living, which has not changed for the better, it seems, in a really long time. The cost of living keeps going up higher and higher, and much of our country still believes that even with increased cost of living, there is never any reason whatsoever to pay people more. So for instance, a job that paid 10 bucks an hour in the year 2002, that same job might still pay $10 an hour now. But I think we all know that the cost of living has dramatically gone up from 2002 to now.

Even White collar jobs though seem to be threatened to now, which is not something I’ve ever seen before. Positions like analyst, engineer, business intelligence, revenue management, whatever you want to think of. Any corporate office job, people are suffering. The cost of living is absurd, buying a house is simply out of reach unless you have dual income and it better be nearly six figure dual income…

I just don’t see how Americans at large are going to survive the next 30 years?

  • TheDoozer@lemmy.world
    33·
    1 month ago

    I know this wasn’t your point, but I’ve been confused on a particular point for awhile:

    buying a house is simply out of reach unless you have dual income and it better be nearly six figure dual income…

    Just the general idea of it being impossible to afford to buy a house. And don’t get me wrong, the prices on houses have gotten ridiculous! At the same time, we talk about landlords buying houses and charging exorbitant rent (suggesting at the very least more than what they pay).

    So if rent is more than the mortgage, insurance, etc, then how is it impossible to buy a house if it is possible to rent (an equivalent home)? Is it the down payment (if any)? Costs involved in purchasing? Because it seems like month to month it would be cheaper.

    I say this as someone who has rented and owned, and owning felt significantly cheaper.

    (Full disclosure, I’m in the military, so I had access to a VA loan… though not really sure what that did for me except maybe allow 0% down… if other people are absolutely required to put up a percentage then I can definitely understand it).