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TopicAmerica: Too poor to buy homes, pay rent/car loan
FLUFFYGERM
11/23/17 5:48:35 PM
#142:


27_Sandman_40 posted...
$2000 a year is far less than a mortgage or car.

I like how you added bad decisions. You know, to conveniently explain why they cant afford a mortgage or car.


$2000 a year for a fucking phone is a bad decision that severely stunts the average person's financial trajectory. Especially when it's coupled with other bad decisions. Someone who spends that much on a phone is likely making other bad decisions that add up to even more.

Note also that we are at a record high of car debt in this country. People are financing $35,000 cars when they make $35,000 a year. On 7 year notes. At high interest.

You lot pretend it's some problem with wages and evidence of needing socialism, when in reality the average person is more than capable of saving and investing if they weren't shitting away their income on things they don't need. There's no reason to finance a $35,000 car or even a $15,000 car.

Keep in mind that blue collar wages have been going up. The average household income is still very strong. Most people are just making awful decisions and then shitposting about needing socialism.
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