Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

MineralMan

(150,983 posts)
17. A place to live and a vehicle to drive are the biggest killers of the cost of living.
Wed Feb 18, 2026, 12:30 PM
Wednesday

Those two items end up taking far too high a percentage of the average person's income. Whether you rent or buy, having a place to sleep and eat is a huge expense. And to earn that money, you have to be able to get to your job, in most cases.

If you add raising a couple of kids to that mix, you have a problem and it won't go away anytime soon.

Is there a solution? Not a good one. I see this as the key issue facing young people these days.

I'm fortunate. I have lived during a period when it was possible to reach retirement age with a paid-off house and car. I skipped the having children thing altogether. Looking at the world as it is now, I don't think that would be possible today.

It is a crying shame!

Recommendations

2 members have recommended this reply (displayed in chronological order):

Add in the local property tax and auto insurance and you've added another 100 at least. dem4decades Wednesday #1
More luke a couple of hundred. Auto insurance for fancy vehiclcle is pricey BlueWaveNeverEnd Wednesday #19
More than that for auto insurance awesomerwb1 Wednesday #32
That's $40+ per work day, after taxes, just for transportation bucolic_frolic Wednesday #2
Never finance Greg_In_SF Wednesday #3
Not everyone has that option. EdmondDantes_ Wednesday #4
In 1982 my dad ask me how many multigraincracker Wednesday #6
That's a great theory EdmondDantes_ Wednesday #10
I've gone on and moved it to houses multigraincracker Wednesday #12
We love our Honda CR-V! senseandsensibility Wednesday #18
That's what I just got. multigraincracker Wednesday #22
Yep!!!! PCIntern Wednesday #29
Good advice. And good taste..those 2026 Hondas look futuristic. I have a 2019 Civic and love the new models Deuxcents Wednesday #27
Plenty of Greg_In_SF Wednesday #7
For 5k you're getting a high mileage old car EdmondDantes_ Wednesday #11
Absolutely. Greg_In_SF Wednesday #13
The part where you fail to consider circumstances EdmondDantes_ Wednesday #14
Okay, so clearly no Greg_In_SF Wednesday #15
Paying interest on a car for 5 or 6 multigraincracker Wednesday #24
The trick is the first one. Happy Hoosier Wednesday #9
Wouldn't it be great if that option was practical to everyone? Torchlight Wednesday #23
I buy used and maintain them gay texan Wednesday #5
Averages aren't completely illustrative... Happy Hoosier Wednesday #8
I haven't owned a car in 15 years. To me being carless is freedom. 617Blue Wednesday #16
A place to live and a vehicle to drive are the biggest killers of the cost of living. MineralMan Wednesday #17
Lots of folks rolling negative equity into new loans, too. flvegan Wednesday #20
It's all part of a larger strategy. Mosby Wednesday #21
Message auto-removed Name removed Wednesday #25
I've been driving my $3200.00 Truck for 10 years. Lochloosa Wednesday #26
Mine is under $600 with gap dsc Wednesday #28
I don't plan to buy a new vehicle again OC375 Wednesday #30
buy a van... u can live in it. nt msongs Wednesday #31
This just in, people buy cars they cannot afford Johnny2X2X Wednesday #33
Latest Discussions»General Discussion»About 1 in 5 new auto loa...»Reply #17