Comment by rubyn00bie
13 days ago
The decrease of buying power, post Covid, makes this pretty much moot at best. It’s sort of depressing to think that even if I had children, or magically qualified to attend a prestigious school like MIT, I’d still be surely priced out. Just like I am buying a house. Making $200k a year ensures I’ll never own a home unless I want to move to an area I don’t feel safe in. I imagine having children make that trade off better, but not without substantial intrinsic costs to one’s self and one’s children. If someone makes $199k at this point, they’re likely unable to afford a home in any major metropolitan area. While being able to have your gifted children receive a free education is great, I imagine many folks will push ever so slightly past that, assuming two years working parents, by the time their children would be of age to go to school.
It’s just depressing. Sorry, I’ll go back into my hole.
What urban hellhole do you live in where you can't buy a home in a safe neighborhood while earning $200K?!
You need to look outside your immediate area. Or at another state. Most of the USA is nothing like that.