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by owyn 5541 days ago
It's not greed, it's lifestyle inflation from being a grown up, combined with location. You are a student, you don't have a family or a car, and you can tolerate living with room mates outside of a major city. That's a totally different situation.

A 1br apartment in SF in a part of town where you don't have to step over human excrement on a daily basis is $1800-$2000. Add another $500 for a new building (the one I live in is 100 years old). A new-ish car payment is $500 + expensive insurance. Add your $400 or so for food + utilities and your starting burn rate here just as a single guy is much closer to 3k per month, let alone what it costs to have a family. Also, $5 a day for food? Really? Around here lunch is $10.

Just saying, I don't think it's greed.

1 comments

And don't forget all those graduating with massive student debt. If you have to pay back $100K plus or minus....