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Reply to "Why is $275k hhi now so poor?"
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[quote=Anonymous][quote=Anonymous]Have some perspective OP. Yes our first house (tiny, not renovated townhouse) was $500k, but interest rates were over 6% (in 2007) and our household income was $140k. The only difference was that we didn’t feel poor - on the contrary we were excited and hopeful. We didn’t expect to be rich or have luxury cars at 30. Have patience and get out of your own head. [/quote] Yet another irrelevant Gen X post. Wow, you could survive on $80 per week for groceries back then too. Car insurance rates and home insurance back then were also half the price. Student loan bills were probably half as much as they are now too. A stupidly simple car back then also wasn't $40-50k like they are now too. I bet Chipotle and McDonald's didn't cost $15 per meal back then too. 2007 was 17 years ago. You are living in a delusion world from almost 2 decades ago. $275k is such a mediocre and near poor income now. [/quote]
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