this post was submitted on 30 Nov 2023
529 points (96.6% liked)

News

23367 readers
3635 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] ShaggySnacks@lemmy.myserv.one 29 points 11 months ago (1 children)

If you are living in an area with a high cost of living, $150k won't feel like $150k.

From Bungalow, 10 Mist Expensive Cities in the US,

  1. San Francisco, CA The cost of living in San Francisco is the highest in the country. Jobs in the City by the Bay pay well, with average annual incomes of over $100,000. In 2019, the city had an unemployment rate as low as 1.8%. But a good chunk of each check goes toward the nation’s highest housing costs. As of January 2020, the average rent for an apartment in San Francisco was $3,700, and the median home purchase price was $1.35 million. Prices are sky-high because of limited housing stock and lack of new construction.

If you are making $100k and renting at the average rental price of $3,700, in one year the cost your housing is $44,400 which is almost 45% of your income. The goal is to spend 30% of your income on housing. If people with would be normally considered to have a good income are struggling then the poor are completely fucked.

There is a small group of people who are making money off this system and ain't us.

[–] SCB@lemmy.world 0 points 11 months ago* (last edited 11 months ago) (2 children)

San Francisco, CA The cost of living in San Francisco is the highest in the country. Jobs in the City by the Bay pay well, with average annual incomes of over $100,000

Now imagine one just doesn't choose to live in the literal most expensive place on the planet.

FWIW the only people benefiting from this shitty exclusionary zoning are the boomers who rigged the zoning so they stay rich forever. It's entirely a localized problem.

[–] prole@sh.itjust.works 4 points 11 months ago

Ah, the classic, "Why don't they just move?"

Checkmate

[–] some_guy@lemmy.sdf.org 2 points 11 months ago (1 children)

Now imagine one just doesn’t choose to live in the literal most expensive place on the planet.

Because the jobs I want to work will relocate to the midwest to help me cover rent. /s

And before you tell me to take a less-fancy job, some of the problems a person might want to solve are far more interesting and rewarding than the kinds of "tech" jobs available in a place like Austin, TX. No comparison at all. People don't work hard to do things that don't interest them.

[–] SCB@lemmy.world 0 points 11 months ago

It's so weird that you just pretend nothing exists away from a coast lol