Reply to The government has always been here. So why was the 50s, 60s, 70s, 80, 90s COL here so affordable?

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Reply to "The government has always been here. So why was the 50s, 60s, 70s, 80, 90s COL here so affordable?"

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[quote=Anonymous]Not a single person on my block or any of my kids parents friends work for the Govt.

The estate sales and elderly in area were more likely to work for Govt.

Quite frankly I can't afford to work for Govt. Homes now cost 1.1-1.4 for a good home with good schools. College even for state schools if kid live on campus runs 35k a year. I need to save for retirement as no more pensions. A Dad with a SAH wife, 3-5 kids in the 1950s -1970s could pull this off working for Federal Govt.

In 2019 a man would need a 300 to 400k salary to pull it off.

More likely two incomes are needed of 150k to 200k each.

Or one spouse Govt and other higher paid job

Or have rich parents or grandparents or trust fund or go into eyeballs in debt keeping up.

Also give pension is not worth as much as who can retire early. 55 year old men are no longer retired with grown kids. They often have a kid in HS and two in college and a mortgage. They need 250k minimum salary just not to go under till retirement at 65.

So we go prices up so goes up salaries and longer we work. Pensions and medical and WFH are perks of Govt but you can't have 250k of expenses on 100k salary [/quote]

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