Alux.com

The middle class is now split into: renters & owners

1 year ago | [YT] | 1,136



@brandonwilliams6221

My goofy ahh was busy learning addition and subtraction instead of buying a house.

1 year ago | 45

@pauls9011

1990s I was able to support my family of 4 on 35k

1 year ago | 77

@pauls9011

I remember the news story when the actress who played Jan Brady bought some small beach front property for 50k and sold a couple years ago for 6million

1 year ago | 29

@Omonike88

I used to mortgage a house for fifteen years. OVER-RATED!! I am currently renting, debtfree, and much happier.

1 year ago | 7

@theRICKbowman

Damn. I wish a home in my area only cost $485k haha. Most are more like twice that amount.

1 year ago | 27

@josephjohnson5415

The price of apathy is to be ruled by evil. And evil wants serfs, peasants and slaves. But the people slept walked right into the hate embrace of corporate and government fascist.

1 year ago | 12

@nmlobos

What exactly do you "own" when you have to pay a ton of interest to the bank, ask for permission from the HOA to make even the most moderate changes, and pay property tax with your already-taxed money.

1 year ago | 77

@lbell9695

In Sydney where I'm from, the mean property value here is $1.5M. Our average salary here is $80,000 p.a. Quite frankly ridiculous.

1 year ago (edited) | 2

@magtinfal7908

Thanks Biden

1 year ago | 0

@xanderlinhares

This chart would be less hyperbolic if the boomer numbers were adjusted for inflation.

1 year ago | 12

@LowkeyFawkes

Renting is such a scam. Landlords should be jailed for hoarding basic resources tbh

1 year ago | 1

@HandsomeBlackMusle

A Mercedes sprinter van would be awesome to live in

1 year ago | 0

@marvinheemeyer6660

The problem with young people today is they want to look like they are doing well and show off what they can't afford. "Living beyond their means". They wanna drink champagne on a moonshine budget...

1 year ago | 0

@mathewmara2184

A lot of you are overthinking all of this. Get into sales, learn how to sell, and then go out on your own and sell you. That's the whole formula. Just figure it out. Good luck!

1 year ago | 2

@Maiyakibaba1

Incredible

1 year ago | 1

@KingNeutral1

So if this trend continues at the same rate for the next 37 years then the median household income will just be $225k; and the median home price will be over $2,800,000. This makes me so glad I’m not bringing kids into this messed up world. There’s no way the masses won’t eventually overthrow this system 😆

1 year ago (edited) | 16

@Ninab-adam

Depends where you live

1 year ago | 2

@krackerjack1233

What I wanna know is, are they using numbers from gross median income or net. The net income is the metric they should be using since approximately 30% is stolen before it’s even received.

1 year ago | 1

@tracybranson1699

I didn’t know there was a middle class

1 year ago | 0

@richsamuel2922

And I'm on the owner's side of things.

1 year ago | 0