Quote:
Originally Posted by Jibartik
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Sure, but it's still frustrating to find out that purchases that take up 50-80% of a good salary only took up about 20-30% of a low end salary
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This hasn't been true since the late 60s. Only the oldest of Boomers had this advantage. And while housing is a greater % of your income now, the annual rates of return have also skyrocketed.
Poor career choices, choosing to start out in cities with a high cost of living, poor spending/savings habits. That's what it comes down to.