Quote:
Originally Posted by blankall
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.
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It's really sad that the same full time work salary that alotted people ownership decades ago only earns people a shared rental cost of a small-moderate sized apartment now
I know some people struggling and seeing them mentally "break" and resign to their precarious living situations is kind of heartbreaking to witness
In order for them to break ground and do the things they need to get in a better situation, they first need the mental faculties and fortitude to believe they can and take action
There are some truly defeated people out there that are only 25-30 with life ahead of them that can't see it
Honestly, measures need to be taken to reduce the poverty gap thats building. And the government throwing 50 bucks at select qualifying individuals for groceries or electricity isn't going to cut it