Quote:
Originally Posted by Doctorfever
Thank you your post. Very informative.
Wondering if you could clarify what you mean here, are you talking about transportation?
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It's a discussion in itself, but there are a lot of economic factors holding people down.
To illustrate this point, I've brought this example up in another thread.
I worked for a lawyer who used his first paycheck as a down payment on the strip mall his office is in. That strip mall, with no major renovations done, is now worth eight figures. Working as a lawyer now, it would take me a lifetime and all my resources to put a down payment on a place like that.
There was a time when working 9-5 in pretty much any field would guarantee you home ownership somewhere. The cost of living, capital, labor, etc is out of control. There are shortages of so many basic goods and so many people living paycheck to paycheck.