A fortune magazine article caught my attention. The cost of a home in the california bay area can be a million. To qualify, paying 20 percent down one would have to earn 210,000. With a ten percent down payment it would be 250,000. I bought my home in 1994 with a salary range of 40,000 to 50,000.  Rents are also up a lot since 1994.A new car can be very expensive. Covid caused prices to rise as well. An EV can cost 40,000.So I can imagine how life is harder for poor people,but as I have always said poor kids and families need more support,and sustaining support.It will pay off.They will become productive and pay back into the system in taxes.Overall the economy is very solid and resilient.

A fortune magazine article caught my attention. The cost of a home in the california bay area can be a million. To qualify, paying 20 percent down one would have to earn 210,000. With a ten percent down payment it would be 250,000. I bought my home in 1994 with a salary range of 40,000 to 50,000.  Rents are also up a lot since 1994.A new car can be very expensive. Covid caused prices to rise as well. An EV can cost 40,000.So I can imagine how life is harder for poor people,but as I have always said poor kids and families need more support,and sustaining support.It will pay off.They will become productive and pay back into the system in taxes.Overall the economy is very solid and resilient.

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