Irvine is one of the most expensive cities in California, so not that surprising. Only rich people live in Irvine.
Man every other car was a Tesla out there.
Social media has kind of ended that though for younger people. With the constant attention women can get there, there is really no incentive for them to pair bond. You can become a passport bro, but those women really have next to no earning power even in their home countries, much less if you brought them here.
I believe that a lot of the 40 and younger crowd are running into the problem of a single income and thinking that they will live like the middle class did in the past.
While unfortunate, this is just a precursor of the future and a direct result of the poor socioeconomic leadership and poor parenting skills of the “worst generation” aka the baby boomers.22% of U.S. renters say all their regular income goes toward rent payments, according to a recent Redfin-commissioned survey. 19% of renters report they have worked a job they hated to afford rent.
Just over one in five (22%) U.S. renters say all of their regular income goes directly to paying their rent, according to a recent Redfin-commissioned survey.
Working a second job is also a fairly common way for renters to pay housing costs, with 20% of renters citing that method. Nearly the same share (19%) say they have worked a job they hated to afford rent.
The survey findings in this report are from a Redfin-commissioned survey conducted by Ipsos in September 2024, fielded to 1,802 U.S. residents aged 18-65. This report focuses on the 894 renters who answered this question: Which of the following actions have you taken, if any, to help afford your rent payments? Respondents could select all that apply from a list of options, which are all listed in the chart.
One in seven (14%) renters have used a cash gift from family to pay rent. Renters also report dipping into money that was earmarked for retirement to pay their housing costs. More than one in 10 (13%) pulled money out of retirement funds early, and 12% contributed less to retirement savings.
While U.S. rents have flattened out over the last year, rents are much higher than they were before the pandemic. Because rental prices have surged faster than wages, it’s more difficult than it used to be for Americans to afford rentals, particularly lower-income Americans. Rental affordability may improve in the near future, with prices already showing signs of losing steam as more newly constructed apartments come on the market.
Even though it’s difficult for many Americans to make their rent payments, renting is a popular choice because affordability has become even more strained for people looking to buy a home. A separate Redfin analysis found that the number of renter households is growing three times faster than homeowner households, largely because the cost of buying has increased faster than the cost of renting.
Source:https://www.redfin.com/news/survey-how-renters-afford-housing/
It’s all by design.
What part is by design. Please elaborate
Is this a slave economy or a serf economy?
Bruh I am not seeing how this relates to folks not getting married
Take a look at the book The Anthropology of Slavery.
Sad aint it and its crazy cause folks dont understand that family income is needed if you have a familyDo you -(gasp) - 50/50?
They don’t understand the media’s role and their belief is proliferating the propaganda. There are some old white men alive that worked some union job in a Republican county in a Republican state that has a home, a mountain house on a lake, with a boat. The US government subsidizing their wages came at our expense. The minute they passed a couple laws in the late 60s, The Great Migration stopped, and the US government started worrying about “inflation” and worked on destroying the unions the minute they passed laws that allowed us to work in the unions.Sad aint it and its crazy cause folks dont understand that family income is needed if you have a family
Folks are out here calling it 50/50 trying to actually make it out here outside of combining their incomes
The US wants you to believe it’s Avon in The Wire. It wants you to believe this is the introduction to the conclusion of the Barksdale organization. The painful truth is the country is D’Angelo. An oversized turtleneck under a leather jacket corny mothafucka who tries to pretend to kick knowledge to children as his baby moms is fucking the guy who’s going to kill him.
Venus Williams has no idea WTF she's talking about. First off, she's being paid by an investment company so it's no surprise she's advising people to invest their money rather than purchase a home. Home ownership is an investment, a traditionally safe one that has been the foundation of wealth building and upward mobility for years in this country. Secondly, the whole $100-$200K down on a house, that's some California shit. Most people don't have that to put down on a house, hell not even in California. The average American doesn't have enough savings for a $400 emergency, so I don't know where they hell she thinks they have $100K just sitting around to invest in the market.
The idea of the American middle class is not based on a 2 income household. It's actually a single breadwinner, like those 50's sitcoms Donna Reed and Dick Van Dyke. This was a time when all it took was a high school diploma and you could go down to the plant/mill/factory or whatever manufacturing facility there was in your neck of the woods and get a job paying a fair living wage with benefits negotiated by a strong labor union. It wasn't until Reagan and his "greed is good" corporate raiders went to town in the 80's that a 2 income household became a necessity. I don't think marriage is the answer because there's nothing more stressful than two broke people locked into a relationship. It's the leading cause of divorce and just makes finances that much more difficult.
What is the answer then if its not marriage ie a 2 person income. Because this society is not going back to the 50s. And although I agree the Dick Van Dyke era was single breadwinner income those days are over.
How long were the DVD days? What if the image being broadcasted throughout the world was the only point and that era was an anomaly in human history?
