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WarGamer

(16,832 posts)

1. true... in my suburb north of LA an hour...

Reply to Yo_Mama_Been_Loggin (Original post)

Tue Mar 25, 2025, 08:56 PM

Mar 25

100k isn't enough to qualify for a mortgage on a condo.

Even 250k is just enough to pay for an average 1M house, pay the bills, save for retirement, send kids to college, car payments, auto and home insurance...

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Johonny

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Highlight:

People making six-figure salaries used to be considered rich--now households earning nearly $200,000 a year aren't even c [View all] Yo_Mama_Been_Loggin Mar 25 OP

true... in my suburb north of LA an hour... WarGamer Mar 25 #1

I can hire people and pay enough Johonny Mar 25 #5

Precisely why we need to know who is a working person. Johnny2X2X Mar 25 #2

Yep I 76 most made 10k yr and that was equivalent to 66k a year now uponit7771 Mar 25 #3

Inflation does that. Igel Mar 25 #4

Where I live, $200k a year means you can maybe afford EllieBC Mar 25 #6

Median home price Q4 2024: $419,200 moondust Mar 25 #7

But Biden invented inflation. rickyhall Mar 26 #8

It would be rich for me Meowmee Mar 26 #9

Yes. I could be going on Caribbean cruises twice a year on that money Kaleva Mar 26 #11

Do this exercise. Use the inflation calculator at the link... Yavin4 Mar 26 #10