Here’s what you said:
There are very few young people in San Diego who have any cash. The only way they would have any significant amount of cash (i.e. over 100k) would be:
1. inheritance
2. bought real esate prior to 2003 and cashed out
Did you noticed you said the ONLY WAY people in the 20s can save 100k is by those 2 points? I’m just saying there’s a 3rd way. Oh, and it’s not a theory I’m saying, it’s real and I’m living it everyday and I’m in my mid 20s. I didn’t say saving $2k/month is easy, but it’s doable IF you want to. What do you think is more prevalent, people inheriting $100k or frugal people saving $100k? My bet is on the later.
How many people making $100K/year are living in a $1K/month apartment?
Me and my wife.
