🥲 Anyone else feel that their “high salary” has not kept up with cost of living?

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Yes. I make over $200,000 and the fact that my salary + my s/o’s salary is not enough to afford a decent starter home in a decent neighborhood is insane

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AA1, then flat tax plus a surtax for incomes over $1m or an increase in SDI at higher income levels. Anyway flattening the tax would be a good starting point.

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One of my pay checks doesn’t even cover the median rent in San Diego and I make over 100k

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Great point on the diversity of DC. I forgot what a truly diverse area looked like because it’s been so long since I’ve lived there. Even though it does get really muggy during summer, I feel like DC has a great variety of seasons. You get a good taste of what every season is supposed to look like.

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These numbers are a little dubious though, right? They are calculating housing, groceries, and a bunch of other expenses out of your income and then saying your take home pay in NYC is only 35,000? I mean it totally depends on what your lifestyle is. And if someone is able to save 35000 a year after paying all their expenses, that's actually really good right? Maybe I'm not understanding the information right but it seems like a poor representation.

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I mean I agree with SM1’s interpretation of this after reading the breakdown, but I can see how you would interpret what you’re saying as well OP. Nevertheless, an ambiguous data representation like this one… is a poor one.

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Yes and I often where all of the money goes. It's perhaps about due time to redo our tax brackets. What do folks think?

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Are you seeing more people request raises due to cost of living?

@human resource manager 1

Absolutely yes re: redrafting tax brackets

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You have some people trying to make almost 100% flipping SFH they bought less than 2 years ago here in SD. It’s insane. We’re talking houses bought for $1.5-$2m being listed at nearly double.

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100%

Definitely, agree.

Yep

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