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Unless things change considerably, john bridger: I fear the post-WWII "golden age" is gone for my generation and at least the next. [*] A new wrinkle — there's now a push to have renters also pay the water and sewer bills in my area. Some landlords claim that that burden john bridger: will be reflected in lower rents, but given that a HUGE proportion of formerly-rented property (over 30%) has been eliminated through condo conversions[**] and demand is constant (owing to the large student populations) the lower supply pretty much john bridger: means that people can charge whatever they want and get it, so I really don't expect many people to see a decrease — more likely it'll be flat for a short time as the so-called decrease is absorbed in the next rent increase. $2,000 is NOT rare now for a 2 bedroom flat — sometimes advertised as 3 bedrooms if you take the living room and convert it to another bedroom, use the dining area as the living area, etc. |
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| bubble burst). Most "new/replacement" jobs have lower wage with 20-30% reductions being the norm plus lower benefits, higher healthcare costs, and frequently as short/medium-term contracts. Perhaps there are some 2 pac mp3s markets in the US that are doing fantastic, but I can't immediately identify any. Add to this that healthcare 2 pac mp3s premiums, housing/rent prices, and utility costs (which are highly dependent on fuel costs[*]) are increasing substantially (double digit inflation) all of which translate 2 pac mp3s to a work force that has a sharply-decreasing standard of life. I can't help compare my situation and those of my friends and co-workers to my dad's. He worked for the same company for 34 years, owned a home, put three kids through private schools and college on a "blue collar" salary. He retired at 60, with a pension, and while he and my mom aren't living the high life, or are financially "comfortable," they don't seem to have any complaints. |
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