Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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SeattleRain

What a family of four is required to make to live comfortably (lemmy.world)

submitted 4 months ago* (last edited 4 months ago) by SeattleRain to c/housing_bubble_2

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[–] Windex007 4 points 4 months ago (1 children)

I'm curious if it takes into account retirement investment guidance?

I know a LOT of people who have essentially decided that they'll just work until they die. And, while sad, it enables them to live "more comfortablely" than people who are planning to retire, even with less total income.

I'm not from the US, so I have no opinion on the numbers here... Just tossing out a theory around the discrepancy.

[–] TubularTittyFrog -1 points 4 months ago* (last edited 4 months ago)

Parental wealth is the big factor. a lot of folks are expecting to inherent parental wealth to cover retirement. among the wealth, education, healthcare, and housing are covered by wealthier parents well into adulthood.