Things are great, but I live in the UK where minimum wage is high, food is cheap and I couldn’t afford to learn to drive in my teens/early 20s so I don’t need fuel!
Housing is painful, but at least inflation is reducing the number of hours I need to work to cover my mortgage payments each year. Very approximated, my monthly housing costs each year since I bought would be 105, 95, 87, 81, 78 hours of work to pay for at minimum wage. I would love to see house prices continue to stagnate so that buying a house gets easier with inflation dropping their price relative to wages.
Things are great, but I live in the UK where minimum wage is high, food is cheap and I couldn’t afford to learn to drive in my teens/early 20s so I don’t need fuel!
Housing is painful, but at least inflation is reducing the number of hours I need to work to cover my mortgage payments each year. Very approximated, my monthly housing costs each year since I bought would be 105, 95, 87, 81, 78 hours of work to pay for at minimum wage. I would love to see house prices continue to stagnate so that buying a house gets easier with inflation dropping their price relative to wages.