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It's common for people to get stuck below or near the poverty line. It's difficult to save for a house down payment (much less build up the credit to get a loan
by codydh 9y ago
It's common for people to get stuck below or near the poverty line. It's difficult to save for a house down payment (much less build up the credit to get a loan for the rest) when you're struggling to pay for rent, bills, and food. Ignoring this cycle is missing the reality for many, many people.
- reverend_gonzo 9y agoAbsolutely. Some people definitely do have it a bit harder than other people. But, outside of medical/mental issues, or just a stream of bad luck, people generally make it harder on themselves due to certain choices in their life. My parents came to America without a dollar in their pockets. My dad's income was running a convenience store which barely made enough to pay his bills. So both parents worked, effectively minimum wage jobs, and saved for years so they could build their dream home and send their children to college. We never went out to eat, rarely went on vacation, and parents don't drink. So, they were able to fulfill their dreams. When people say they want to own a house, but are unwilling to find a cheaper location, stop drinking, stop eating out, drive older beat-up cars, well, then they've made their choice. The system has its issues, but no one deserves anything, and the system is not the problem here.
- branchless 9y agoHow much was land back then? Far less. He'd be in that cycle if he came over now.
- CodeCube 9y agoYou say "outside of ...", as if those things aren't common. So what, a stream of bad luck, or a sickness should relegate you to lifelong poverty?