“You can spout off about the weather all you want, but when people making 150k a year cannot afford a decent house or can’t afford to take vacations there is a problem”
I hear stuff like this on these blogs all the time. Why can’t a person making 150k a year afford a decent house? Presumably they didn’t start making that yesterday? So let’s say they have 5-10 years making that kind of money. A single person could save 75k per year easily and a small family could save 50K or more. I can sympathize if there are alimony issues and issues like that but otherwise, where does the money go? Yes, cry me a river. Yes I know houses in San Diego are too expensive but to say I won’t buy one is different than to say I can’t. And that affordabilty issue really only got way out of whack from 2004 and beyond…so up until then buying was even less demanding on income. Plenty of people and families making less than 100k a year bought houses in this century in San Diego and will be fine.
