Quote:
Originally Posted by VANOS
Unless you live in California… he’s kinda right in that sense. California nowadays you literally can’t afford crap making 100k-120k, so he’s not that far off. (Especially when almost every house is close to a 1 mill )
And you are definitely right about the middle class being destroyed.
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I did live out there. A co-worker got transferred to OH and sold his house for $1.1 mil, and that was in a small town, commuted 45 miles to work. Bought a bigger, nicer house in OH for $300k. And that's why I left, no way was I ever going to own anything but a shack in silicon valley.
Barely half the people in CA own vs 70-80% in some states.