It's a blessing to be born poor/low income. Now as an adult making 75k-100k I feel rich. It's about state of mind and choices. If one job doesn't cover tge bills, get a second job! This is not a new concept. Poor people have done this forever
I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?
"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Carol Vivian Constable” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
it's always a shock to me when I hear "low unemployment leads to a struggling society" I learned this about 5 years ago. and You cant be serious. That is why this system is the problem.
Earning $22.50 per hour X 40 hrs (8hrs a day per week) = $900 @ week. That’s $3,600 per month. It’s $43,200 per year. That is Before Taxes. Do you make $22.50 per hour? You’re doing better if you’re married and you’re both making $22.50 per hour. What has the US become?
GLOOM AND DOOM PROPAGANDA: Did you notice how they ran through the chart that shows the middle class shrunk from 61 to 50%? 4% went to lower class but 7% WENT TO UPPER CLASS! Most people are better off
Sort of. It all comes down to housing costs so it's pretty simple. Those who got into a house before 2019 are doing great, those who tried to do afterwards are not. The salary needs to account for housing costs.
@ Housing prices rise and fall as do interest rates. I bought a condo in 1982 for 88k but the interest rate was 13-% so I was paying $3200 a month in todays $s then the price falls 20% . It took 10 years to recover. Over the long run it worked out but IT TAKES PATIENCE.
@@robertmeyers3640 You talking about a condo as an investment, and so high housing prices are good for you. For people who don't already have housing, high housing prices excludes them from the housing market.
@@langhamp8912 I p 7 million housing units short MAINLY because millennials and genz won’t do physical labor and units can’t get built. Look in the mirror
Shit i just got denied a loan for 130k for a mobile home that i would put down 20k and have two incomes in ca make 70k together 😂😂😂 and im paying 2300 in rent the mortgage would be 1800 total with space good old American dream
@@elviscobb5922 yeah and I would drive an hour to work because it's a city that's out my area and nobody really moves there and if you do you'll drive out for work so IDK what's the problem my credit it's 680 and my parents was 740 they really didn't give us an explanation but a loan officer said it'll be easier to get a house with that type of scenario but the house out here are not in the sub $300s
I like how everyone will talk about it but no one is doing anything about it.
75-100k is middle class for 1 person not a family
Middle class is $125K-$150K. The ones who make $50K are struggling. The ones who make $30K or less are in serious need...
I’m assuming you are taking household income and not individual income.
Tiny homes used to cost under 50k now they are over 100k what a regular sized house used to be in Atlanta in 2004.
So true
It's a blessing to be born poor/low income. Now as an adult making 75k-100k I feel rich. It's about state of mind and choices. If one job doesn't cover tge bills, get a second job! This is not a new concept. Poor people have done this forever
At the same time nobody should be living in poverty, working 40 hours a week
Middle class is over 100,000 at this point, nevermind 75,000. And if you have kids im not sure how you would afford them if you make under 100,000.
We need a zero inflation central bank goal, not zero unemployment.
I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?
"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Carol Vivian Constable” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
it's always a shock to me when I hear "low unemployment leads to a struggling society" I learned this about 5 years ago. and You cant be serious. That is why this system is the problem.
Low unemployment means people are staying at crappy jobs longer for lack of options.
Who believes "the average salary for an Amerikan Worker is $59,384"? Anyone?
Maybe in Spokane
Daffy Duck. But he's only a cartoon. 😳
It's $42,000 a year and falling.
Bezos, Musk, and all the rest absolutely destroy any meaning for those numbers. Otherwise they'd use weighted averages.
Earning $22.50 per hour X 40 hrs (8hrs a day per week) = $900 @ week. That’s $3,600 per month. It’s $43,200 per year. That is Before Taxes. Do you make $22.50 per hour?
You’re doing better if you’re married and you’re both making $22.50 per hour.
What has the US become?
My mother closed my S.S.I now I’m unemployed and broke😖😭
Move to DC area. More high income jobs vs the cost of a renovated bedroom bathroom suite on bus stops. Easier to get richer faster.❤
The irony of ads to buy more crud you don't need at the beginning of a video about how we're all broke🤔
GLOOM AND DOOM PROPAGANDA:
Did you notice how they ran through the chart that shows the middle class shrunk from 61 to 50%? 4% went to lower class but 7% WENT TO UPPER CLASS! Most people are better off
Sort of. It all comes down to housing costs so it's pretty simple. Those who got into a house before 2019 are doing great, those who tried to do afterwards are not. The salary needs to account for housing costs.
@ Housing prices rise and fall as do interest rates. I bought a condo in 1982 for 88k but the interest rate was 13-% so I was paying $3200 a month in todays $s then the price falls 20% . It took 10 years to recover. Over the long run it worked out but IT TAKES PATIENCE.
@@robertmeyers3640 You talking about a condo as an investment, and so high housing prices are good for you. For people who don't already have housing, high housing prices excludes them from the housing market.
@@langhamp8912 I p
7 million housing units short MAINLY because millennials and genz won’t do physical labor and units can’t get built. Look in the mirror
@@langhamp8912 That condo was my home for 22 years and for a good part of the time it was more expensive on a monthly basis than it would be now.
Shit i just got denied a loan for 130k for a mobile home that i would put down 20k and have two incomes in ca make 70k together 😂😂😂 and im paying 2300 in rent the mortgage would be 1800 total with space good old American dream
It’s crazy. I have heard similar stories. Sadly things are only going to get worse now.
@@elviscobb5922 yeah and I would drive an hour to work because it's a city that's out my area and nobody really moves there and if you do you'll drive out for work so IDK what's the problem my credit it's 680 and my parents was 740 they really didn't give us an explanation but a loan officer said it'll be easier to get a house with that type of scenario but the house out here are not in the sub $300s