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Author Topic: Depends on the location but this 6 figure income is not even middle class  (Read 286 times)

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Offline theking

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..in many parts of America:

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‘This has to stop’: A young man on TikTok says he and his wife make $120K/year — but can only afford this 1 run-down house. Why Gen Z, millennials are using 'quiet quitting' to cope

It can be easy for older generations to look down on younger generations and assume they’re out of touch. But one man is defending the recent “quiet quitting” trend taken on by younger generations, and explains why “careers are dead.”

A TikToker who goes by Average Joe (@averagejoegam3) posted a viral video in which he describes the uphill housing battle he and his wife face.

“My wife and I have been together for seven years,” he states in the TikTok video, which has since received a staggering 1.5 million likes. “We really struggled for a long time. And we just now after struggling and sacrificing we got to a point where we’re no longer paycheck to paycheck.”

He goes on to describe that after saving, the pair can likely come up with $40,000 for a downpayment on a house. Even after all that saving and credit build-up, he says the only home available in their budget was a tiny dilapidated shack — that looked straight out of a horror movie.

“Average Joe” then goes on to question what some older generations might recommend, like going back to go back to school or finding another trade.

“Has it always been like that?” he asks. “Did you have to be a doctor or a lawyer or an architect or an engineer to get a liveable house?”

What's the context?

To be sure, it isn't clear from the video which city Average Joe lives in. An income of $120,000 in Anniston, Alabama can get you something very different than in Los Angeles, California.

But even Average Joe's parents had it easier. He describes how his mother worked at Michaels and his father at a printing press and were able to afford a home that would now go for $600,000. These were minimum wage earnings that allowed them to afford a home at 23.




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