return2ozma@lemmy.world to News@lemmy.world · 7 months ago'An economic divide that is widening': Almost one third of Americans earning $150,000 a year or more say they're living paycheck to paycheck and many rely on credit cards to close the gapfinance.yahoo.comexternal-linkmessage-square274fedilinkarrow-up1548arrow-down119
arrow-up1529arrow-down1external-link'An economic divide that is widening': Almost one third of Americans earning $150,000 a year or more say they're living paycheck to paycheck and many rely on credit cards to close the gapfinance.yahoo.comreturn2ozma@lemmy.world to News@lemmy.world · 7 months agomessage-square274fedilink
minus-squareSCB@lemmy.worldlinkfedilinkarrow-up3arrow-down4·edit-27 months ago In California, a new mortgage payment is 8-15k/month. Rent on an apartment is 3-4k/month Buddy of mine lives in LA and was just posting angry complaints about his rent going up to 1800/mo, so no. I’ve got three friends in the LA area and one in the Bay and none of them pay anything close to 3k/mo rent or 8k(!!!) on their mortgages. Those numbers are insane.
minus-squarephoneymouse@lemmy.worldlinkfedilinkarrow-up6arrow-down1·7 months agoLA is cheap compared to the Bay Area. Also, I’m quoting numbers for new mortgages and new rentals. If you got your mortgage even 3 years ago, the numbers will be different.
Buddy of mine lives in LA and was just posting angry complaints about his rent going up to 1800/mo, so no.
I’ve got three friends in the LA area and one in the Bay and none of them pay anything close to 3k/mo rent or 8k(!!!) on their mortgages.
Those numbers are insane.
LA is cheap compared to the Bay Area. Also, I’m quoting numbers for new mortgages and new rentals. If you got your mortgage even 3 years ago, the numbers will be different.