1812 Comments
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Bruce's avatar
Feb 2Edited

Just for info, this is a map from Realtor.com showing the income you need to buy a median home in the US.

https://www.realtor.com/news/trends/map-earn-income-home-purchase-every-state/

Note: the upper 10% of households in the US starts around $100K.

Peter Dellos's avatar

Why any Democrat doesn't just repeat something along the lines of "If you make less than $25 an hour this guy over here (the R candidate) will screw you over" is way beyond me.

Bruce's avatar

Because the line is waaay higher than $25 an hour.

ERISunveiled's avatar

My youngest sister graduated college at the goddamn depths of the Great Recession. Every speech given that day, including the key note speech by George Clooney's father, was the most depressing shit you ever heard.

Now she's a bona fide home owner. A nice one, too!

Meanwhile, I, her older brother who was born during the last two weeks of the 70's, live in a shitty "sleeping room," pay rent on a weekly basis, and live above a barber shop rumored to deal crack. I got bullet holes in my front door and watched people bleed out in the middle of the street after getting shot.

Maybe if I got pregnant in highschool things would've turned out differently for me, but alas…

JCfromNC's avatar

I for one am happy that with the renovations being done on our home, it might be actually worth what the tax assessors are valuing it at.

mr_snarky's avatar

Did anyone expect anything else from someone in the real estate investment biz?

Affordable housing goes against everything he has ever done.

Denise Donaldson's avatar

Ummm....we paid off our house in spring, 2012. Purchase price in 1994 had been $60,000, when we were making less than $30K a year, with three jobs between us. Interest rate was over 11% to start, and two re-fis later, it was down to about 5.5% (in Cleveland, where both wages and cost of living are low).

So....does that mean we're wealthy now? Not a chance. With skyrocketing utilities and grocery bills, and me involuntarily retired, we're barely scraping by. In the first eight years, we rehabbed the house from top to bottom, doing more than 90% of the work ourselves (including replacing staircases and ceilings and putting in a family room, workshop, bath, and laundry room in the basement). And now, because our neighborhood has never been gentrified, the amount we could get from selling the house might just barely cover the original cost plus the money we've put into it.

We've earned our house, and we're better off in terms of that security than millennials are, but by no stretch can homeowners like us be considered wealthy.

Marlon Again's avatar

My new air fryer arrived and I am so excited!

Goonemeritus's avatar

The good news for Millennial home ownership is that your parents ate a fair amount of red meat during their lives.

Major Kong's avatar

Isn't red meat healthy now, as it's at the top of the new food pyramid?

Manic Pixel Dream Girl's avatar

It’s been said more eloquently than I can but the squatter in the White House is a reeking melange of every single one of the absolute worst character traits a human can possess while still barely qualifying as human. He is hateful, lazy, entitled, cruel, vindictive to the point of caricature, destructive, both willfully ignorant and bog-standard stupid, racist, sexist, antisemitic, Islamophobic, xenophobic, homophobic, transphobic, thoughtless, impulsive, ludicrous, absurd in appearance and thought, base, callous, materialistic, insecure, jealous, deceitful, myopic, thin-skinned, depraved, shameless, weak, shambolic, short-sighted, narcissistic, egotistical, vapid, tacky, vain, craven, stubborn, hypocritical, classless, greedy, shiftless, seedy, incurious, and vile. Fiction could never craft such a creature. He could only ever be shit out by a world, real, grim, and broken by the worst vices of (mostly) men given free rein to entertain their every impulse unchecked by a system designed to cater to their every desire. He crimes openly and brazenly and is enabled by a murderer’s row of callow, opportunistic shitbags who will happily destroy the country and the world to advance their own agendas and retain access to power, noxious and malformed as it may be. May comeuppance be soon, swift, and brutal. But I have my doubts.

Marlon Again's avatar

"Fiction could never craft such a creature." Why I gave up on escapist fiction and started paying attention to the real world oh so long ago; fiction has to make sense.

Major Kong's avatar

Bravo! But you left out short fingered vulgarian.

Fifth Dentist's avatar

More than a third -- 37 percent -- of Usians can't afford an unexpected $400 emergency expense with the cash they have on hand.

So I'm guessing an $80,000 down payment on a house is a bit out of their reach.

This country has been a shithole for awhile except for those in the top 10 percent and those in the upper middle class, but PAB is just really making that shitholiness evident and he's actually making it worse.

I think we're all pretty much tired of all this winning. Unless we're sitting on our yacht with beverages with little umbrellas in them.

Easterncedar's avatar

Nailed it again, Robyn.

Stephanie Hobbs's avatar

They really are sooo delicate. Perhaps we need an Economy Doll so they can tell us where they were hurt. Damaged. Whatever. Slightly OT, apparently some have forgotten how the interest rate was over 10% in the early 80s, making it very hard to buy a house. Ex-hubs had the GI Bill and my mother did daycare for our son, so we were able to buy a small house in a sketchy neighborhood. And we loved it. They used to call it a starter home.

Sadly Practical's avatar

Wtf is wrong with male journalists in the tech space, though? Calling women and girls “females of one age or another” is fucking gross. Calling women and girls “females” is gross. I implore all dudes to STOP DOING THIS as it is dehumanizing. The article is interesting in identifying Elon’s concealment of his actual involvement with Epstein since he wasn’t actually able to set up a visit, though. All gross, gross all along, but for the love of Pete can men “of one age or another” please stop using the phrasing of sexist douchebags?

Lumpy Tapioca's avatar

What's the used market for Slovenian whores these days?

Saviour of Bread's avatar

We’re slut shaming again?

kmblue187's avatar

The cruelty of Trump and his administration is beyond belief.

Free beach's avatar

Retaliation and retribution. Says it out loud. Fuck you Drumpf voters. You did this.