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this post was submitted on 30 Nov 2023
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If you are living in an area with a high cost of living, $150k won't feel like $150k.
From Bungalow, 10 Mist Expensive Cities in the US,
If you are making $100k and renting at the average rental price of $3,700, in one year the cost your housing is $44,400 which is almost 45% of your income. The goal is to spend 30% of your income on housing. If people with would be normally considered to have a good income are struggling then the poor are completely fucked.
There is a small group of people who are making money off this system and ain't us.
Now imagine one just doesn't choose to live in the literal most expensive place on the planet.
FWIW the only people benefiting from this shitty exclusionary zoning are the boomers who rigged the zoning so they stay rich forever. It's entirely a localized problem.
Ah, the classic, "Why don't they just move?"
Checkmate
Because the jobs I want to work will relocate to the midwest to help me cover rent. /s
And before you tell me to take a less-fancy job, some of the problems a person might want to solve are far more interesting and rewarding than the kinds of "tech" jobs available in a place like Austin, TX. No comparison at all. People don't work hard to do things that don't interest them.
It's so weird that you just pretend nothing exists away from a coast lol