I think the fact that people are recommending that upper middle class people in their 30s buy heavily used Yarises save small condos in bad neighborhoods, speaks a lot to what's going on.
Yes, the highly educated professional can still afford that. They can substantially decrease their standard of living and get by. What about the single moms? The receptionist and the custodian earning $40k/year?
So basically if you work your ass off to get ahead, you just get by. Everyone else..... Who knows?
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