this post was submitted on 29 Oct 2023
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[–] Shadywack@lemmy.world -1 points 1 year ago

I guess it’s not technically unobtainable, it just puts you into financial ruin to utilize healthcare. I call that unobtainable if you’re trying to be financially responsible.

When I look at housing and I see that it has to consume %50 or more of people’s annual budget, that means young people need to earn around 115-150k/yr in order to become homeowners, and that’s only after banks have shifted the goal posts. Young professionals are also much more likely to be saddled with 30-65k of student debt.

When you combine that with the inflation spike that happened last year, and the rising rents, there’s many people earning only $25/hr but rent is $2k/month.

Just fucking good times. The next spike will probably be the suicide rates.