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Americans with six-figure incomes are in 'survival mode' (www.usatoday.com)

submitted 2 days ago by return2ozma@lemmy.world to c/nottheonion@lemmy.world

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[–] EldritchFeminity@lemmy.blahaj.zone 5 points 1 day ago

Before my dad retired, he ran his own business. Nothing big, just him and a couple of others, but enough to afford a decent sized house, two cars, and a comfortable lifestyle.

A few years ago, he and I were talking about how the CoL has gone crazy since the early 2000s and he looked up the apartment he rented while he was in college in the 80s. It's still there, a small studio apartment in the city near the college. In his own words, he said that the cost to rent that apartment a couple of years ago was more than he made running his own business.