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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (212728)	7/20/2007 1:38:28 PM
From: Lane3	Read Replies (4) \| Respond to of 794027

OTOH as I mentioned before I've had people tell me that $50k was "near poverty". There's a woman, late thirties, at my pool with whom I chat sometimes as we work out. She is distressed that she and her husband can't afford to buy a house or have children. They live in a small, ratty apartment and don't seem to throw money around. She says their income is about $100K. They're saving about $8k a year towards a house but know that they're getting farther and farther behind the market. I haven't seen the numbers and I don't pry but I have no reason to think their situation is other than she describes it. I have trouble understanding why their income isn't enough but she's a CPA so she should know how to manage a budget. Even though they are not willing to relocate to a more affordable area, and even though they don't do without anything essential right now, some might consider any couple who can't afford a home big enough to house kids to be "near poverty." My brain shorts out trying to reconcile the alternative experiences.