Y7ZCQtNo39

19 ms·

1. 151.▲
   by Y7ZCQtNo39 9y ago

   I think this statement is a little sensational. If $30k in student debt is 'shakling', then did we ever expect the same person to take on a $300k mortgage, or other larger financial milestones typically associated with middle clas
2. 152.▲
   by Y7ZCQtNo39 9y ago

   I agree with you, but mostly for a different reason: the opportunity cost. You can flip burgers for $10/hr indefinitely, or you can forego ~4 years of income, accept ~$30k in debt, to permanently raise your base salary to $100k if you
3. 153.▲
   by Y7ZCQtNo39 9y ago

   If you apply yourself, and do your due diligence (e.g., see average salaries for fresh college grads at prominent employers for your college major); then yes, you will command the appropriate market salary. It's not an exact target: in
4. 154.▲
   by Y7ZCQtNo39 9y ago

   I'm not disagreeing. I was attempting to show how you might make the housing market less rigid. Even if the numbers of units for sale is low, you could at least get people to rent them. A larger rental supply would help meet the demand
5. 155.▲
   by Y7ZCQtNo39 9y ago

   You could always rent the home so someone else could occupy it. Presumably you would've paid off the $100k home by now, and then you could get a second mortgage on a new property, or rent and break even (given the income from renting t
6. 156.▲
   by Y7ZCQtNo39 10y ago

   I'd like to see more of the comments in here actually discussing an honest assessment of the trade-offs when compared to other approaches.