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Reply to "A massive income required to live the idealized american dream around here?"
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[quote=Anonymous]I haven't the slightest idea why you think that, OP. You need to understand that the American Dream doesn't include a very big house. It means a small house, modest cars, and in-state college. People can definitely afford those things on less than $1m. I don't know why you think it isn't possible. I'm on about $350k and have a row house close to downtown (costs more than a SFH farther out), college and retirement on track, vacations, one car but that's my choice, and can definitely afford to help parents as needed. Bought the house in 2013 but it wasn't cheap even then. Of course if you are fully supporting all four aging parents that will be expensive. The modern cost of aging was never part of the American Dream because it wasn't like that when the concept was formed. And the American Dream was never to live in an expensive city anyway. It was to live in a town or small regional city.[/quote]
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