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Reply to "My aunt started working as a maid at the Watergate after graduating HS & bought a home in Arlington"
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[quote=Anonymous][quote=Anonymous]She started working at the Watergate at age 18. She rented for a few years in her 20s, saved her money and then purchased her own home in her 30s. All of this on a maid's salary. Sounds too good to be true, I know. But this was during the 1960s and 1970s. Was she just at the right place at the right time? will days like that ever come back? [/quote] Decent and growing chance that in coming months or years we will be living in a police state that concurrently suffers from terrorist violence from neo-confederate insurgents. This will cause a general decline in economic prosperity, depopulation, and thereby make real estate much cheaper. This will be necessary as many of us will be earning substantially less. Most upper income jobs nowadays rely on complex economic relationships that will be easily disrupted by the political chaos and violence we will continue to see. So yes, who knows, it is quite possible that in 10 years a gainfully employed maid will be able to buy some super specialized law firm partner's McManse in Arlington.[/quote]
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