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Nearly half of US renters spend more than 30% of their income on housing costs
  • 50k and paying 15k, because that person is living within their means. They probably share a shitty apartment with roommates and have a crappy car, but they can sustain their lifestyle. Eventually they will retire with investments covering the exact same income that they have now.

    100k paying 50k is a hot shot, a flash in the pan. They have a higher quality of life right now, but they will likely crash and burn. They cannot live and invest enough money to sustain their lifestyle, and they won't know what to do when they suddenly have to live on half of what they used to make.

    Making more money does not mean you have better finances, it usually just means you own more expensive stuff right now.

    Edit: the one exception is the 100k paying 50k and then living like the 50k paying 15k for literally everything else. They are not the norm, but those people will probably be ok. They'll have to move when they retire though, or have like no paid fun ever.

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    Nearly half of US renters spend more than 30% of their income on housing costs
  • It's extremely difficult to pull off today, but that doesn't mean that it isn't an appropriate figure. The "wants" and "investment" categories have effectively been wiped out for a large number of people, which isn't a healthy and sustainable way to live long term.

    This is what the entire "living wage" argument is based on. Regular people aren't making enough money to have a healthy budget. Well, some are just over inflating wants, but that's not the people I'm talking about.

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    Nearly half of US renters spend more than 30% of their income on housing costs
  • 30% is widely considered to be the most you should pay for a living space in order to live a sustainable lifestyle and retire comfortably. It even says in the article that they consider anyone that has to pay more than that to be "cost burdened".

    It usually breaks down somewhere around 30% on housing, 20% on necessary bills, 30% on wants / unnecessary bills, and 20% on retirement investments / savings.

    The fact that nearly half of renters cannot do that is the problem that they are trying to highlight, but it doesn't offer much of a solution. These people will not be able to retire without public assistance (if they can at all), and will likely run into serious struggles long before then.

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    Photograph from 1892 of a pile of American bison skulls in Detroit
  • I don't remember voting on the curriculum last time I was in school.

    I can now though, so thank you for telling me about this. It definitely should have been included.

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    In Moscow, a man who was assaulted and robbed tried to file a police report, but was fined 50,000 RUB and given a military summons because of his multicolored hair.
  • I mean, I feel for the kid and I hope someone gets him out, but let's not pretend like the back of his head isn't the Ukrainian flag though. This kid is either profoundly stupid or was intentionally pushing the boundaries.

    I support him if that's what he was doing, but it's not hard to see how this happened.

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    Get rid of them.
  • Well, yea, but we shouldn't use it for that either.

    Google found my day and month of birth in about 3 seconds, and it's entirely because of this "collect everything" behavior.

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    Romney Says He’d ‘Have Immediately Pardoned’ Trump If He Were Biden
  • Trump has 91 felony allegations across 4 different state and federal cases against him right now. Many of which are directly related to him trying to overthrow our democracy.

    Burn him to the ground; I don't care about his legacy as a president. He was a shitty one anyway and was never actually elected by popular vote.

    I would be appalled if he was pardoned, and I'm already rather annoyed at the current state of the prosecution taking this long.

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    Obscure screw added so appliance cannot be disassembled
  • If you snap one, they will send you a replacement for free. I chipped one of the security torx once, and was surprised at how easy it was to get replaced.

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