[quote=flyer]True, flu, and yet, hidden among all of your points above, are realities that will dictate the future living conditions of many people–which, I think–is what this thread is about.[/quote]
Nah, I beg to differ on that point. There’s plenty of decent sized homes in San Diego County. It’s a matter of how much you are willing to spend and where you want to live. Since there’s pretty healthy demand for these more expensive homes, there’s little incentive to build starter homes, for now. So the key would be to start small, and trade up. For anyone one with a decent education and decent career, you’ll do alright and reasonable at managing your money, you’ll do alright.
Now, if you’re someone that can’t exercise some fiscal prudence, when then that is a problem. Or if you let your skills and employability wither during your earning years, when then that is a a problem. If you don’t spend your time to manage your money beyond just sticking it in a 1%CD, well that too is a problem. People have all these variables to play with, the worst thing they could do is nothing. But then, doing nothing. well you can’t blame anyone else for that. The do nothing crowd is usually the most vocal about things being unfair.
Yes, kids, your house is more expensive that your parent’s house. Yes, kids, your parents probably can’t afford to live in the house you currently live in, because most likely their earning years are over. But no kids, some of us kids make a lot more money that our parents did…And yes kids, some even though we might make more money than our parents did, some of us also tend to spend a lot more than our parents did. So, again there’s all these variables one can play with.