3 ms·

I also don't agree it's the root cause, but certainly it's a big contributing factor. Buying that 3 bedroom house in a more affordable area might be a smart ide

I also don't agree it's the root cause, but certainly it's a big contributing factor. Buying that 3 bedroom house in a more affordable area might be a smart idea, or it might severely limit one's economic mobility. Most of the jobs that mint new members of the upper / upper-middle class are based in big cities. Living elsewhere might mean trading class mobility for housing security, a trade-off that some don't have to make.

leetcrew 8y ago
> Most of the jobs that mint new members of the upper / upper-middle class are based in big cities. i feel that this claim is exaggerated. anecdotally, i live in a suburb of a midsize city. i rent a 3br house for under $2k a month and there are tons of tech companies within a 25-45 minute drive of my dwelling. an entry level job at any of them would easily put a person in the high end of middle class incomes for this area. to be sure, companies in the wealthiest US cities offer experienced employees compensation that is unmatched anywhere else. but for entry level and/or average skilled developers, it seems like SF, NYC, etc. are the only places where you aren't guaranteed an upper-middle class lifestyle.