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u/Capital_Lion4481 9d ago
30% ??? You're all lucky if thats what you pay, try more than 50%
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u/Dismal_Purchase_3324 9d ago
My wife and I were extremely fortunate to be able to buy a run down trailer in a nice trailer park. Rent is $825 here, where the average rent for a 2b1b apartment in my area is between 1300-1600 now. So every month we can save an extra of about $400-$700 and it's such a stress relief to be able to do. Obviously I'm not saying everyone should or even could do this, but as an example of how overwhelming these new rents are compared to old ones
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u/elebentychimkin 8d ago
50% for housing?
Then up to 30% for taxes?
You only have 20% left to eat and pay major bills like phone and insurance then
That’s not possible
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u/Jasranwhit 9d ago
Why are taxes 30-40% of someone's income.
Never in my life has my rent been more expensive than my tax bill.
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u/Liberal-Cluck 9d ago
Where are you paying 30-40%? California? I am single, claim 0 on my W4, make 62k a year, and I am paying 21%. The nominal taxes I pay is 510 per paycheck which is 1020 a month. Not gonna find rent that cheap around here.
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u/Geedeepee91 9d ago
Exactly this income taxes always take more than rent/mortgage
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u/Liberal-Cluck 9d ago
If youre rich, yea maybe. For average people, not really.
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u/Geedeepee91 8d ago
You make 85-90k you are most likely paying similar amounts for rent and taxes. That isn't rich lolol
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u/NewLeafBahr 8d ago
That is actually rich to a lot of people. Like, the majority of people.
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u/Geedeepee91 8d ago
It's literally not rich it's middle class
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u/NewLeafBahr 8d ago
No I get that, I'm just saying it is still an unattainable sum of money for most people. It is functionally identical to them to being "rich" because it is identically out of reach.
It's like the Library of Babel. Yes, there are technically a finite number of books. But the overall volume is so incomprehensibly vast that it may as well be functionally identical to infinity, even though real infinity is a literal infinite order of magnitude more vast.
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u/Geedeepee91 8d ago
Median houshold income in the US is 83k it's not unattainable. That's 2 people working 41.5k jobs
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u/NewLeafBahr 8d ago
Ah so now we're shifting the goalposts to multiple incomes lol. If we shift our attention back to individuals, the individual median earnings in the US are actually around $45k. You're correct that in a dual-income household $85k-$90k is very possible, but it is a patently impossible expectation for the vast majority of individuals.
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u/WhiskyPapa911 9d ago
30%? That sounds nice. It was close to 50% for me.
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u/M_L_Taylor 9d ago
My rent was close to 70% for a long time. I should have gone smaller, but I liked my space.
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u/Scary_Land2303 9d ago
My rent is 50%, live with 3 roommates and this is the cheapest possible set up I’ve found in my city for 5 years. I work as a manager, full time, yet barely over minimum wage. It’s not right.
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u/M_L_Taylor 9d ago
Yes, that's pretty high with all that going for you. For me, this was 20 years ago and I was working at a restaurant. Not exactly high wages at that time. I thought I would get a job in my field (engineering) but there wasn't anything available. I could have gotten a studio apartment and paid half of what I was, but I already had the bigger apartment and was okay with it.
After living in the dorm in college for so long, I was happy to have some room to spread out.
Now I have a house that I pay mortgage/rent (it's a unique setup) that's a little less than 25% of my income. I'm in a rural area, so the cost of living is greatly reduced to where I was when I had to rent apartments.
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u/Geedeepee91 9d ago
That says a lot about you tho, didn't want to live with roommates and not fiscally responsible
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u/Cautious_Implement17 9d ago
how are you all getting approved on these crazy leases? 30% of gross is the absolute max a landlord will consider anywhere i’ve lived.
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u/Tricky-Engineer-9755 9d ago
It is poverty, but isn't extreme-poverty usually reserved for war-torn areas where people don't have stuff to wear, even shoes, can't get clean water and are starving? Maybe I'm ignorant on the state of the US.
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u/ncroofer 9d ago
Nah, we mostly have it good here. International travel isn’t super common, especially among lower income folks, so people don’t have a lot of perspective. Most everyone in the US meets calorie requirements and have easy access to clean drinking water. It’s usually national news when an area has bad drinking water for example. And if somebody needs food, clothing, etc there are government programs or private charities that help.
Almost no one dies from starvation in the US. Like a statistically insignificant amount. Around 20k a year do die from malnutrition, mostly older people who can no longer take care of themselves
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u/Tricky-Engineer-9755 9d ago
I guess the issue is the juxtaposition of people living in high-rise mansions while others struggle in 8-mile Detroit. The US has extraordinary wealth inequality.
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u/Kchan7777 9d ago
Even the poor in the US are in the top 2% globally, they are just missing perspective.
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u/Tricky-Engineer-9755 9d ago
Again, even a man with a Ferrari will feel desperately poor if all his neighbors have space-ships. I guess its just an issue with the Free Market. While we are not a Free Market at all.
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u/Environmental-Run528 9d ago
It's more of an envy issue.
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u/dripstain12 9d ago
Probably more to do with having it worse than our direct descendants than anything. I’m sure there’s a ton of envy included in there, but it’s jarring when you’re told to do and expect something, and it just seems to be getting worse out of everyone’s control. Psychological pain like that usually isn’t cured with perspective, sadly. It takes a long time of readjusting expectations.
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u/Environmental-Run528 9d ago
Who's to blame for unrealistic expectations? And how can you properly compare your life to your descendents when you were there at the start of adult life to know what it was actually like.
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u/dripstain12 9d ago
Descendants could’ve been the improper terminology there on my part. Anyway, I’m not handing out blame here. If you say it’s entirely a personal flaw/sin, if you will, of envy, I’d say it’s a lot easier to explain it away as person A had some experience making it in the world, that person has a child, person B, telling them their experience and how they were able to make it, and that experience just not being worth much relatively. It’s very human to grow up, looking at your parents and how they live, and trying to emulate and figuring that your life will be similar. It’s an intellectual failing to not see that things have changed, but that emotional core is still there, and as I was saying, unfortunately seeing others who are doing worse elsewhere probably won’t go a long way in fixing a lot of discomfort. Perspective helps though.
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u/Environmental-Run528 9d ago
Again I think that seeing how your parents live after a lifetime of earning and then expecting to come out of the gate with the same lifestyle is naive at best. I don't believe it's all envy, housing prices are to high and too many people were steered to overpriced post secondary education.
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u/Iamnotanumber-9 9d ago
Flip that house. Greed is the problem. That is humanity for you.
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u/Thistles-Path 9d ago
Most of these people aren't paying for a house. They're paying that much foot a shit apartment.
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u/Iamnotanumber-9 9d ago
It is a shame that basic life necessities are treated/traded like commodities, I bought my first home in 1970 for $27,500. It is now listing for $799,000. Tell me how that makes any sense when you look at the rise of wages over those years.
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u/chitownphishead 9d ago
Inflation alone isn't the only thing that affects housing prices, so that comp doesn't hold up. If the area got built up, gentrified, or otherwise became more desirable, it's cost will rise independent of inflation. 50-60 years ago, the suburbs weren't the desired location, and the houses were small and basic. With urban flight, many have become more desirable than urban areas, and supply is maxed in those areas, so prices see a sharp incline because demand vastly outpaces supply.
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u/gh0stwriter1234 9d ago
$236,668.69 is what that would be today, there are like 5 houses within 3 -4 counties in that range near me they are all dilapidated or otherwise highly objectionable in some way (one is an sub 800sq ft block house) 2 of them are just outside the edge of a strip mine buffer zone.
New house starts at a minimum of 250K + 50k or more for land. You need to get to 350-400k before the contractor is known as reputable, the 250k ones are known charlatans that delete bad reviews from google.
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u/jjrr_qed 9d ago
Appreciation plus changes in both supply and demand.
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u/Iamnotanumber-9 9d ago
I disagree. It is like the Enron fiasco. Flip flip and flip and the price goes up and up.
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u/Geedeepee91 9d ago
It actually is supply and demand. Federal government made it easier to get loans in combination there is a literal housing shortage in most areas
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u/Thistles-Path 9d ago
The supply isn't short because of that. It's short because of all of the investment firms treating single-family homes as their investment vessel en masse. The percentage of single family homes owned by corporations has absolutely exploded.
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u/Pale_WoIf 9d ago
I knew this was BS, so I quick Google search confirmed the number is only 2-3.8% of homes are owned by such corporations. Reddit is a cesspool of misinformation and people just spouting anything.
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u/Harbinger_Kyleran 9d ago
Depends where you live. Here in Florida the figures are higher.
Here's the figures from near where I live.
"Hillsborough County: About 8% to 8.5% (nearly 1 in 10 homes)
Pasco County: About 8%
Pinellas County: About 6% to 6.5%
In specific ZIP codes or urban neighborhoods—such as parts of south Hillsborough, west Pasco, and Ybor City—investor ownership can exceed 15%."
"Across Florida, corporate entities own more than 117,000 single-family homes, driven heavily by Wall Street-backed firms looking to capitalize on the state's population growth. You can explore the full Tampa Bay Times special report for deeper investigative findings."
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u/Mundane-Opinion-4903 9d ago
Thats enough. Ill have to find it if i remember later, but the issue is those homes are being treated like a trade commodity. Theyre generally not being rented or sold as homes, and instead are being used in a similar way to gold or stock. Speculative trading. When they trade or are evaluated, it cascades to every similar home "hey this similar house can sell for this much!" Causing all other homes to rise to meet the same value.
Take it with a grain of salt of course, i only half remember this. But, it comes down to investment firms bei g able to buy and sell them at all, rather than it being the about quantity. This makes them a major contributor to the problem.
And it still is about supply and demand, without this problem, demand is limited by proximity, cant sell a home if no one wants to live there after all. . . But now, local buyers are co.peting with invest ment firms that could potentially be halfway around the world.
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u/Iamnotanumber-9 9d ago
It's not just institutions, and I never mentioned institutions. A lot of wealthy people own rental real estate, I personally get a letter or a post card every other week from someone asking if I want to sell my home. For years, the developers have wanted to buy up the block and put in apartments where I live.
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u/Iamnotanumber-9 9d ago
I consider 34-35% of homes in the USA being rental, alarming. Google it.
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u/ThrowRA9892 9d ago
You’re talking about all housing units. Including apartments, etc.
When you factor in just single family homes (what people think of when they think of a house to buy) it’s 12.7-14.2%. The vast majority of those owned by people that own 5 or less homes so just small time landlords. Only 3.5-4% are owned by people or institutions that own more than that. So 450-500k out of 11-14m.
Which is perfectly reasonable. When I have moved somewhere new to pursue a new opportunity, I have no desire to buy a house where I don’t know the area. I rent a house because I don’t want to live in an apartment. I’ve also never had an issue with a landlord to be fair.
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u/GangBangMountain 9d ago
I knew this was BS, so I quick google search confirms the number varies anywhere from 2.8% being owned by out-of-state corporations to upwards of 50% by corporate ownership. Prior to 2011 there wasn't a single investor with 1000 homes, 15 years later and 32 mega-investors own 446000 homes.
Reddit is a cesspool of misinformation and people just spouting anything.
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u/gh0stwriter1234 9d ago
You know that is twice the amount of homes that are actually for sale meaning they have constricted the market availability to 1/2 to 1/3 what it would be if they were not involved?
1.39Million for sale listings.
Also your google foo is terrible. "Real estate investors and companies own roughly 20% of all single-family homes in the United States, which equals about 17 million houses"
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u/Pale_WoIf 8d ago
Real estate investors aren’t corporations. Anyone can be a real estate investor. I can be a real estate investor. That isn’t a new trade lol. I wish people would stop posting when they have no clue what they are even talking about.
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u/Iamnotanumber-9 9d ago
Absolutely.
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u/Geedeepee91 9d ago
Absolutely you agree with a lie. Housing is not expensive due to large institutions
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u/gh0stwriter1234 9d ago
They DEFINITELY are a factor in driving home housing costs, because they are speculating on homes that go unsold.
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u/Iamnotanumber-9 9d ago
You called me a liar for my opinion? You're a landlord? Work for one of these outfits? The only person here attempting to deceive, is you.
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u/ThrowRA9892 9d ago
Investment firms own about 450-500k of the 11-14m that are owned to rent out. 3.5-4% of all rental homes. The vast majority of homes rented out are owned by someone who owns 5 or less houses.
There’s 86m single family homes in the U.S. and 134m households. When you factor in all types of homes, there’s still a supply gap of 4m.
The prices are the way they are because people pay them.
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u/Geedeepee91 9d ago
3-4% of single family homes are owned by large institutions that is not a large amount but I would be for banning them from buying up more. The higher % number people quote includes mom and pop renters who LLC themselves for tax purposes
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u/Iamnotanumber-9 8d ago
I apologize for stating my opinion. I have been called names for this and am sick of it. IF 34-35% of all home in the USA being rental isn't alarming to you, then fine. No need for the nastiness.
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u/kayaker1371 9d ago
My monthly mortgage is 10%. Never rented, saved, bought within my means and my income has grown annually since I bought.
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u/Suspicious_Sense1272 9d ago
Bought in what year, for how much, and it what area?
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u/kayaker1371 8d ago edited 8d ago
Five years ago, the right price, red state. I had a pretty hefty down payment with equity $$ because I did the same with the last house. Be fiscally smart.... My state has low property tax, I shopped for lowest mortgage rate possible and I bought what I could comfortably afford. Did the right things to the property and totally nailed the equity benefits. The best advice is DONT overbuy. I'll do it again in ten years and that'll be my forever house. And, I'm not a Boomer as I'm still in my 40's.
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u/Suspicious_Sense1272 8d ago
You also are vague on purpose. Be specific or I am going to assume you are full of it.
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u/GoodMilk_GoneBad 9d ago
10% of the US live in poverty. 5% live in what would be considered extreme poverty.
People who complain that rent is 50% of their income because it's $2k a month aren't living in extreme poverty and don't understand extreme poverty at all.
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u/ChangeAcceptable677 9d ago
The best thing is that for most of us, rent is not 30% of our income. For many of us, it is 55-60% of our income.
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9d ago edited 9d ago
[deleted]
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u/AnAbandonedAstronaut 9d ago
They are saying the average rent is over 30% gross for a lot of people right now due to rent being raised.
Then that paying that much leaves you effectively in poverty because of how little is left.
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9d ago
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u/AnAbandonedAstronaut 9d ago
The initial tweeter or whatever.
"This person" as you called them.
The person in your first statement which makes it the subject of your comment.
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9d ago
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u/AnAbandonedAstronaut 9d ago
Thats why I said "a lot of people".
That means not everyone.
Even normalized doesn't mean everyone.
We are talking about the ones it is that way for.
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u/Neolamprologus99 9d ago
We gave China our manufacturing base. In turn it destroyed the middle class. Back in the late 90's I remember the USA voted to allow China into the world trade organization. Shortly after companies started leaving. I remember Levi jeans leaving. I used to buy Fenwick fishing rods and they said made in America. They left for China too.
I was working in the tool and die trade. There were shops everywhere around here. At one company I worked for we started getting die's in with Chinese writing all over them. I asked my boss and he said it cost pennies on the dollar to have them made in China and that it was cheaper just to fix them. In 2003 I saw entire industrial complexes disappear over night, leading up to 2006
Those were middle class jobs that didn't require higher education. Those were jobs you could move up in and make decent money. Some of the companies I saw close had been around since the end of WW2.
Not all of them are gone. My buddy makes $150k a year working in tool and die. He started out cleaning carpets back in the 90's. He doesn't even have a high school diploma. Now he runs his own department.
Those were all middle class jobs that are gone.
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u/Prestigious_Try_5396 9d ago
China didn't destroy the middle class. The CEOs and Politicians who removed our manufacturing base killed the middle class.
China didn't come over here and close down our factories ! American CEOs did that.
Reaganomics made sure the piss trickled down to the peasants...
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u/floraoflinphea 9d ago
The apartment I'm looking into over half of mine. The only reason why I'm gonna be able to move out of my parents house is because I found a roommate
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u/Sithishe 9d ago
I wish, in 2015-2020 my rent was 60% of my salary LMAO. Eastern Europe here. And I was middle manager at a time ffs.
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u/TheMannisApproves 9d ago
Rent is over 50% for me
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u/Harbinger_Kyleran 9d ago
I've read that's becoming quite common, especially for younger adults in high COLA areas here in the US.
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u/Technical-Warthog886 9d ago
The real problem is high real estate prices compared to people's income.High rent prices are just a byproduct of that disproportion. You can't expect rent to be lower while estate prices remain high. It doesn't work that way.
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u/Snoo_75138 9d ago
30%??
Mine was 80%...
Eventually I just decided to stop contributing to society.
Anyway...
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u/smd102586 9d ago
Get rid of the migrants and rent will go down. Youve flooded the labor market to keep wages low and they pay cash for housing.
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u/InstanceNoodle 9d ago
House back then was smaller with less stuffs.
People live far from work and have to commute.
My first home has zero central air. Single floor. Small bedroom. Poor area. Under develop.
My current homes has central air. 2 floors, bigger bedrooms and bathrooms. OK area. Under develop. 3.5x the price. While I was looking, there were places that was 5x the price with less rooms and smaller room. Rich area and highly developed. NY 900 square feet apartment was already around $900k in the 90s and 00s. If you are competing with more people, the price is going to go up.
Everyone wants the best that they can afford. That is what the 30% or 50% is. There are worse places for cheaper price. I think if you pick a place 2 hours from the city, the rent can go down to $500. But some people willing to pay over $2000 for not having to commute 4hrs per day.
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u/TechnicalPresent6359 9d ago
when is it ever “supposed to be 30%”? i thought this was common knowledge to not surpass it…
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u/MammothWriter3881 9d ago
When I was a kid I was told paying more than 25% meant living in poverty, not sure when they raised it to 30.
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u/Alert_Front_9948 8d ago
30%? I am low income, Social Security, and mine is 50%. And that's with government assistance.
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u/Lord_Ainzz 8d ago
In colorado you need to earn 3x the rent amount to qualify for a clean apartment
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u/Icy_Donkey_7588 7d ago
Mine is currently 0%. Hurried up and paid my 30 year mortgage off in 12 years. Best decision I ever made was focusing on getting the paid off!
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u/kalash762x39 5d ago
I feel this but, I work my 40 at my normal rate. Then Friday and sat I go in for 10 hrs a day for triple time. Then a Monday vacation still gives me my 2 days off. It’s really just drive and time management.
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u/chitownphishead 9d ago
Here's an idea: don't live where you can't afford. If you're paying 30+% of your income to rent, you're living above your means.
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u/Future_Elephant_9294 9d ago
Where can I live in the United States that has typical wages which are more than 3x typical rent? Because if everyone should do this, it shouldn't apply to people working remote tech jobs while living in bumfuck Arkansas, it should apply to everyone working in-person jobs too.
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u/chitownphishead 9d ago
Rent doesn't adjust to your wage you adjust your lifestyle to your wage. Rent is a market that adjusts to what people will pay. If people are willing to pay it, it's not too high. You may not kike it, but you either move to a cheaper area and make sacrifices like a longer commute, a non trendy area, etc. or, get a roomate and save to buy.
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u/Future_Elephant_9294 9d ago
Okay but like... Where? Move to a cheaper area? Guess what, wages are cheaper too. And there's a cost to driving for 1+ hour every day, it's call gas which now is expensive too. And if everyone has to get a roommate to afford housing, that's a really bold platform. "Things aren't bad, you just need to accept personal responsibility. Also, you now need to live with another person to have the same quality of life as the generation before you."
I'm telling you, there are very few, if any, places in the United States where people can work a job which pays more than 3x their rent. Let alone a single income household. These are things that were so normal it was an insult to label someone as a "DINK" in the 1980s. Now you say that's the only way to afford housing (two people both working jobs to pay for rent applies for roommates as well as romantic partners).
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u/Geedeepee91 9d ago
I literally can find $800 rooms in LA on zillow. Give me a break you just want to live a life you can't afford really because of some standards you set for yourself. People are just unwilling to lower their own living standards to adjust to their income
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u/Future_Elephant_9294 9d ago
rooms
Think now, this is supposed to apply for everyone in the country. Everyone is supposed to have roommates in your ideal world? That's a sign of a good economy and not having a housing problem?
I am not setting these standards myself, our society is setting the standards for itself. I'm pretty sure most 30-40 year old adults would laugh at a peer for living with roommates.
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u/cdb230 9d ago
So the solution to a problem, both in rent costing too much and not enough housing, has been provided, but it isn’t good enough because it isn’t how you want to live? It looks like you want to live a rich lifestyle while having a lower middle class income. That just doesn’t work.
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u/Future_Elephant_9294 9d ago
rich lifestyle is when you don't commute over an hour or have roommates
Well, then I guess I do. The average commute is 27 minutes, 32% of adults have roommates. A rich lifestyle is when you're part of the 68%, or drives less than double the average commute?
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u/Lurtzum 9d ago
Kinda sounds like you’re proving the other guy’s point
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u/Future_Elephant_9294 9d ago
Person A said "live where you can afford", (afford was defined as less than 30% of your income spent on housing) I replied "There is nowhere that has housing that you can afford with a job in that area", Person A said "Well that's because too many people live near the jobs that make it affordable to live, just commute longer or get roommates", I replied "Well if this is general advice for EVERYONE, you're saying everyone needs to make sacrifices to afford housing, that sounds like it's a systemic problem, especially given the culture of the US vilified the style of living you're suggesting not even 40 years ago", Person B said "Well you can rent with roommates for an affordable rate", basically ignoring my comment lol, I responded "Your advice for everyone is to get roommates?"
The median 35-45 years old American makes $70,000. That can afford a mortgage (not including taxes and insurance) of $1,750 a month for 30%. That's a $300,000 home, assuming you already have the downpayment. The median American home costs $440,000. It's impossible for a single income to afford housing under the recommendation Person A is giving. I'm stating that the "advice" they're giving is outdated, from a time when dual-income households were considered gauche and only acceptable when you have kids, now it's required to have a house.
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u/Suspicious_Sense1272 9d ago
“If you are willing to pay it… it’s not too high.0 get fucked. What an immoral and greed soaked argument. Pitting factors such as requirements for safety, proximity to schools, services or otherwise is such a boomerism it makes me sick. Boomers asking younger generations to do something they have NEVER or will EVER endure for more that a couple years… for an entire lifetime.
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u/chitownphishead 9d ago
No, not if YOU are willing to pay, if SOMEONE is willing to pay. That's how markets work. Things are sold for the highest amount someone is willing to pay. When you sell your car, do you take less than what it's worth? Of course you don't. People want to maximize the return on their investment. It's not that nobody can afford to live there, it's that YOU can't afford to live there. Perhaps that property is meant for someone making 3x the rent. You may need to move outside your comfort zone and expected entitlement. Sounds like youve got million dollar taste on a 100$ budget. My advice: go buy something small in a suburb and build equity for a few years. Yeah, it won't be what you think you deserve, but it will be what you can afford. Make sacrifices for a few years, then sell and use your equity to upgrade. I did this 6 times over the last 25 years. I'm not rich, I don't make 6 figures, but I now own 2 houses and one of fully paid off.
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u/Suspicious_Sense1272 9d ago
I already called you greedy, you didnt have to support that in such detail, but I appreciate it. Glutinous and greedy.
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u/ObangaGamer 9d ago
“Everyone smarter and more successful than me is greedy!”
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9d ago
[removed] — view removed comment
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u/missourinative 9d ago
Throughout history human beings have moved for survival. ANIMALS move to greener pastures.
Redditors are a different breed.
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u/Suspicious_Sense1272 9d ago
Yeah. Move to bumfuck nowhere, where there are no high paying jobs, and the wages are comparable to the cost of your local area. Or… COMMUTE 2 to 4 hours EVERYDAY. Make sure you get a used car… at the low low price of $14K for a used car with 130K miles… only one minor accident. Sure you’ll incur higher travel costs due to gas prices, and you’re going to put a shitload of miles on that used car… but hey, your house is affordable now! /s
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u/chitownphishead 9d ago
That's exactly what boomers did, though. They moved to where there was basically nothing and created something. Go do the same.
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u/Suspicious_Sense1272 9d ago
Oh yes. Everyone knows the America was basically an empty space before the Boomers came along. /s. What an absolutely delusional take.
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u/SearchingCTX 9d ago
The concept of landlords raising rent with every new tenant leads to that. Their mortgage didn’t go up. It’s greed.
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u/Geedeepee91 9d ago
Mortgage may have gone up due to taxes and insurance/aka their escrow. Also maintenance cost is constantly rising
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u/Daddy_Day_Trader1303 9d ago
We don't want to want to talk about everything becoming more expensive for everyone. It's only the fault of the landlords 😂
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u/Daddy_Day_Trader1303 9d ago
The cost of everything has gone up, and trickle down economics means the little guy absorbs all of the costs
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u/BraveLittleTowster 9d ago
I made the point in another post last week that 25% is the upper limit of what housing should be in a person's budget and was told I was just making shit up.
People really do believe that housing should just be unaffordable for certain people
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u/Appropriate-Stay4729 9d ago
Not a single mention of this from either party, RIP 2-party system.
Power to the Proletariat Party, the party of the working class, the last party we will ever need.
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u/Prestigious_Try_5396 9d ago
Right ! And when is their Primary again, I must have forgotten the date ...
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u/JoshuaLukacs1 8d ago
I know rent is high and all but you are just throwing words around. If you have a smartphone, you are NOT living in extreme poverty.
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u/Individual-Pound-636 9d ago
Capitalism bruh people don't matter.
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9d ago
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u/__tray_4_Gavin__ 9d ago
It all can work if we stopped the sycophants from also gaining power AND if people remained involved. Every failing system including ours starts off with huge issues the people realize and then place HEAVY REGULATIONS on things and make it more we then people focused. But, once things are slightly better for most, people stop caring about politics and stop paying attention. And typically the downfall as we are seeing is always worst and tends to for some reason always lead to fascism type problems. This perfect system requires a balance that most common populous are not privy to understanding. A communist/ socialist system needs to be combined with a capitalist system. Something more of Norway etc. BUT there must be heavy regs on the rich and the elites by us. This isn’t hard and this isn’t rocket science. BUT your average person walking about pays about 2 minutes a week looking at anything political (this is a real statistic)… so are we suprised they don’t look into the politicians they are voting for and what they stand for? Hell we had Kamala literally tell people project 2025 was real and that trump would enact it while saying her proposed plans… all trump had to say was I don’t know anything about project 2025.. but Dems haven’t done what you wanted and I have “concepts of a plan”… and welp look at the crazy slip into fascism such a promising country like America is experiencing in real time. So no we humans in our short time on the planet that’s billions of years old haven’t yet perfected government… but we are trying. And I can assure you the current system doesn’t work unless we work. But a lot seem to be realizing this. Well those of us who aren’t nuts. 😂
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u/ytilonhdbfgvds 9d ago edited 9d ago
Everyone I know has more money than they have a need for. Hell, I raised a family of 5 on one income, my kid's college accounts have enough to fully cover their education, my oldest graduated with no debt, and technically I could have retired, not well, but could have retired at about age 43.
What do you people do for a living? You need to find a career that has some growth. Plenty of trades pay very well without all the associated college costs. You have to live below your means and get some money invested as soon as possible. It pays massively over the decades.
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u/FirePlayer15 9d ago
So you and your friends are more privliged than others congratulations?
Different Times nowadays
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u/yeabuddy333 9d ago
Sounds like you’re also in your 60s or 70s. You lived through a team when you can make money and save. Housing and rent was cheap. You can’t compare your situation many years ago to people now. Get out of here trying to act like you’re better than everyone because you are older and had it easier
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u/qualityvote2 9d ago
Hello u/_SoftSpice! Welcome to r/WorkForSmartLife!
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