• chickentendrils [any, comrade/them]@hexbear.net
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    5 months ago

    Assuming it’s not total BS like many of these articles ultimately are, the 1/3 (1/10) being talked about are probably people in San Fran or Boston with a high paying job but absurd housing costs, and some edge cases with self-employed people or people laundering drug proceeds and shit.

    • PKMKII [none/use name]@hexbear.net
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      5 months ago

      Yeah high CoL area + large mortgage payment + large student loan payment. Obviously these types are a lot more secure than someone living off minimum wage, but it’s possible for them to be saving next to nothing after their costs.