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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Amy J who wrote (17137)	2/11/2004 10:33:19 AM
From: fatty	Read Replies (1) \| Respond to of 306849

>A PhD, MS, or MBA. Once again, your suggestion is not realistic for the typical american worker. While the boomers complain how under educated are the people joining the workforce, you suggest they should pursue a higher degree, as if they actually have the brains for it. >didn't see the entire economy taking off like it did, and still don't fully understand why it did Me neither! But comparing now to then seems like a totally different country. Back then the take home pay of $30k salary was about $2000. A one bedroom rental was about $600. Insurance and monthly payment for a new car was about $400. So you had about $1000 for everything else. I was dining out everyday and still managed to save some money. Now, one bedroom cost about $1200. Car and insurance probably still the same. So the same take home gives you about $600 for every thing else.