Subj : Re: New to this
To : Dmxrob
From : poindexter FORTRAN
Date : Fri Apr 18 2025 08:09 am
-=> Dmxrob wrote to Boraxman <=-
Dm> anything below that is a dump. You want something decent be prepared to
Dm> shell out at least 400-500k. That is absolute ridiulousness and nobody
Dm> can afford that. Rents are no different. Rental prices are $1800+ a
Dm> month - on places that I very well remember used to be $250 a month.
I went poking around on Zillow in the San Francisco bay area, a region
notorious for out-of-hand housing prices. A San Francisco studio I
rented in 1991 for $600 is going for $2800. A 1-bedroom across the bay
went from $575 to $2300.
Salaries certainly didn't increase by the same proportion. :(
My son is graduating college and looking to strike out on his own.
Against my advice, he's living in a wannabe apartment on campus. Since
it's campus housing, he's going to have to move out and find a job. And
try to get housing without a work history. He's going to have a couple
of roommates, for sure.
Dm> Telling young people to just "watch their finances" and such isn't the
Dm> solution. I know plenty of young folks who work and sleep, spend next
Dm> to nothing on outside activities, and are still scrimping. How many
Dm> jobs should they get to afford to eat and keep the rain off their
Dm> heads?
Dm> It's a huge crisis and the orange felon we elected President isn't
Dm> doing anything but making it worse.
Dm> -dmxrob
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