Orlando realtor Freddie Smith discusses how owning a home and living a typical middle class life has become increasingly unattainable for most millennials and older Gen Z.

TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.

    • ShaggySnacks@lemmy.myserv.oneEnglish
      0·
      10 months ago

      Yeah, back in my day. A simple theft only got you a few days in jail. With inflation, we’re looking months now for the same crime.

      Shakes head

      • Verdant Banana@lemmy.world
        0·
        10 months ago

        transportation costs, suppliers, loss prevention is not 100%, insurances, food, lower customer base due to inflation/ cheaper lower quality alternatives (goes hand in hand), office supplies/ services, etcetera

        inflation has hit everyone even in the shady areas