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Most of my friends are blue collar workers with education being around the national average (“some college”). Practically nobody can afford a place to live with
by taurath 5y ago
Most of my friends are blue collar workers with education being around the national average (“some college”). Practically nobody can afford a place to live without large amounts of roommates as costs have gone up. Housing costs being too high are the #1 economic problem for my generation. Most have decided they will never own a home. Most don’t have much more than a small emergency fund, and many were decimated by covid. Im saying the inflation statistic is used heavily as a catchall for “cost of living” and it values the cost of toilet paper over a roof over people’s heads.
- lamontcg 5y agoEmployers aren't concerned with if their employees are renters or owners. You're certainly right it has nothing to do with "cost of living" though.