$100,000 Annually, doesn't stretch as far in the DMV like it use to. SMDH!!

[Bubba T]

Why would you need a $50K car? Why not get a $5k used car and put the $45k towards the house?

For $5k you get a 10+ year old vehicle with 150-200k miles

 

[L. Deezy]

That’s what i do in my building .. with all the amenities you really don’t have to leave the spot. I have a indoor and outdoor pool with a jacuzzi. Like you said.. get a bottle, some music and some food and the party is your crib

And the women love posting ig stories of where they at

IG! Fuhk yeah..lol

 

[BigMan]

The average household income in DC is $92K
You mean to tell me that an individual making the equivalent of an entire household is not enough?

100k is enough for one person in DC but it doesn't stretch as far as in other cities. It's certainly not enough if you have children or debt

 

[BigMan]

This type of shyt is founded squarely on guzzling down half baked, passed around internet arguments...

The cost of daycare alone out here is more than most of people even acknowledge. The problem is the discussion intentionally dodges talking about the difference between struggling to survive and acknowledging the rug pull once you finally beyond treading water. That is a *massive* gap. You can either choose to finger wag the people openly hanging out on the extremes or stay constructive/receptive.

And fr the financial literacy dialogue is fukking garbage top to bottom. Between working 100+ hours to keep the lights on and getting to a point of trying to plan a retirement, there's a hell of a lot more to talk about than skipping on the avocado toast and taking a few less vacations. The people still stuck on the grind out here don't even take vacation out of fear they'll lose out on the next opportunity to stay above their peers and coworkers. If you've had your head down since you came up - the hustle never stopped.

or maybe you sound like you don't know why those would be contributing factors that will never have brakes put to them - and want to rush to the quickest answer/label someone combo because you didn't get the immediate answer you wanted. why be like that

If this is one of the main hubs for a particular subset of jobs and there's no balances in place to make sure that the cost of living doesn't skyrocket past the entry and mid-level salary range for those fields, then what's going to happen? You have people running for office talking about bike lanes, tree plots, and more ways to clear out the culture that was already here instead of crime, cost controls, and accessibility improvements to keep people around that made the area what it is.

The same things that made the area special are being rapidly eroded because those folks have to leave or retire and don't stay. And the people that are coming in with more spending power than the rest have no issue calling shots at the expense of everyone else.

you sound annoying as fukk bro tbh. didn't read past two sentences.

 

[Wink Beaufield]

The average household income in DC is $92K
You mean to tell me that an individual making the equivalent of an entire household is not enough?

Nope. Peep the housing prices in SE zip code 20020.

20020 Real Estate - 20020 Homes For Sale | Zillow

Zillow has 155 homes for sale in 20020. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place.

www.zillow.com

$92k ain't covering that without being house poor.

 

[42 Monks]

you sound annoying as fukk bro tbh. didn't read past two sentences.

get out your feelings then. its not that kind of post

 

[TEH]

100k is highly overrated

200k is the new 100k

 

[Kiyoshi-Dono]

Millennials are the only group of people who live above their means and complain about not having enough money.

$100K is an amazing salary in most cities around the country. Stop traveling every 4 months, stop buying new cars, and stop trying to live in luxury apartments and you will be just fine. Live within your gahdamn means. IG and the internet has really convinced people that $100K really isn't that much money. Literally less than 10% of people make that.

The lies you nikkas tell to sleep peacefully at night
It’s mad people in our parents generation that lived above their means and were saddled with debt
The only reason many of them don’t complain is because the bankruptcy laws back then were very favorable compared to now
If they got in trouble
That was a way out
Not only that, a house cost bread crumbs compared to now
School was cheaper
Grandparents were actually grandparents and watched their grandkids
Or there was always a neighborhood “grandma” to watch kids
So daycare wasn’t a necessity like it is now
Food cost were much lower
$20 could last you two weeks
$20 now is literally $5 dollars
Hyperinflation
Companies buying up real estate
Foreign interests buying up land, houses, banks, and other kinds of equity
Just getting a degree to make $40k out the gate(that’s goes with having a masters)
Using IG as the basis of your argument is shortsighted like a muthafukka
Coli intellectuals and capitalist I tell you

 

[CapitalforCapital]

100k is definitely enough in the DMV. Some people make a 100k and buy the most expensive car they can find, buy the most expensive apartment they can rent and send their kid to Sidwell Friends and then wonder why they are treading water.

 

[CapitalforCapital]

Get rid of that Benz you paying $800 a month for with a 27% apr

 

[42 Monks]

Get rid of that Benz you paying $800 a month for with a 27% apr

100k is definitely enough in the DMV. Some people make a 100k and buy the most expensive car they can find, buy the most expensive apartment they can rent and send their kid to Sidwell Friends and then wonder why they are treading water.

DC has the second most used and largest public transit system in the US only behind NYC lol.... like just maybe consider that there's a world between barely hanging on and the IG lifestyle.

I wish more would understand that this isn't about haves and have nots, millennial culture, ethical differences, flexing, etc - this is about the vanishing middle class. This area has a few particular stand out factors which people have highlighted in this thread, true, but these factors are felt across the country.

Someone shouldn't have to explicitly declare that *the middle class in the America is in danger* (and fighting uphill after the eviction/corporate buy-up combo that smashed through a lot of housing markets) for people to reframe discussions and recall that this has been a hot issue for decades now.

Everyone knows this is an issue. But for whatever reason they dismiss what those effects actually are.

 

[CapitalforCapital]

DC has the second most used and largest public transit system in the US only behind NYC lol.... like just maybe consider that there's a world between barely hanging on and the IG lifestyle.

I wish more would understand that this isn't about haves and have nots, millennial culture, ethical differences, flexing, etc - this is about the vanishing middle class. This area has a few particular stand out factors which people have highlighted in this thread, true, but these factors are felt across the country.

Someone shouldn't have to explicitly declare that *the middle class in the America is in danger* (and fighting uphill after the eviction/corporate buy-up combo that smashed through a lot of housing markets) for people to reframe discussions and recall that this has been a hot issue for decades now.

Pretty sure this was about 100k not being enough money.

 

[42 Monks]

Pretty sure this was about 100k not being enough money.

Its enough to money to leave and bring those same problems to a nice town near you

This is what a middle class on the ropes looks like it. And it stops being a localized problem very quickly. The Cali exodus still got the midwest leaning...

 

[Serious]

100k is definitely enough in the DMV. Some people make a 100k and buy the most expensive car they can find, buy the most expensive apartment they can rent and send their kid to Sidwell Friends and then wonder why they are treading water.

$47,200 (PK-GRADE 2)
$49,040 (GRADES 3-4)
$51,240 (GRADES 5-8)
$51,650 (GRADES 9-12)​

tuition for 2022/23​

Admissions - Sidwell Friends

Admissions - Sidwell Friends School (SFS) is a PK-12, co-educational Quaker day school with campuses in Washington, DC and Bethesda, MD. Founded in 1883, the School is a non-profit, tax-exempt institution governed by an independent Board of Trustees.

www.sidwell.edu

Jesus

 

[Serious]

Its enough to money to leave and bring those same problems to a nice town near you

This is what a middle class on the ropes looks like it. And it stops being a localized problem very quickly. The Cali exodus still got the midwest leaning...

Let me come to the dmv wit my cali salary