foodandart@lemmy.zip 5 days ago
Yeah… I read the entire article, SOME of what she’s said isn’t too off the mark… Starting out with roomates and scrimping at first… but crabbing that someone buys coffee? Seriously?
Naah sis, you’re missing the main point… and that is percentages of income needed to get into a home today are multiples of what they were when you were starting out. Fuck that shit. Also, housing stocks were better and it had less to do with the number of units on the market, but that the market wasn’t dominated by equity firms and REITs.
My biggest beef with housing was once they put the “no money down” equation into the mix, the prices soared.
shalafi@lemmy.world 5 days ago
The coffee thing is a shortcut for saying, “Stop buying stupid shit.”
$10/day is a $300/month habit. That’s significant.
Still, not listening to the rich tell the rest of us how to navigate the world they fucked up.
OctopusNemeses@lemmy.world 4 days ago
People can do the math on that themselves. Let’s say $1000 into SP500 fund in 2010. Invest $300 per month. The markets have been returning on average about 8% per year. Next do the NASDAQ. That has been an incredible investment over the past 15 years.