r/SipsTea • • 21h ago

SMH The advice didn't age well.

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u/Dull-Yak3671 20h ago edited 20h ago

The point is that not all do. My parents don't. I'm young, employed, have savings, invest money, 0 debt and my parents still want to lecture me about how I should be living my life and where I should be living because that's what they did at their age. They still think rent costs as much as it did 30 years ago. 

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u/borgman_a 18h ago

"They still think rent costs as much as it did 30 years ago. "

It does in a relative sense.

2025 -
Median rent: $1,696
Median monthly income: $7,288
Percentage of median income to afford median rent: 23.3%

1995 -
Median rent: $655
Median monthly income: $2,840
Percentage of median income to afford median rent: 23.1%

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u/TheHighSeasPirate 17h ago

Median monthly income: $7,288

FOR WHO? LOL Even with two people that is almost 100k + salary.

Your math only looks good because your Median income is absolute dogwater made up. Even the rent is crap. I was paying $700 for rent in 2005, not 1995.