I know it's not a comfortable thought, and it'd be nice if we didn't have to, but you considered moving to a lower cost of living area (whether its an hour from your current job, if the +2 hours daily makes it worthwhile) or finding a job in a state with lower cost of living where your skills are in demand?

If you make 100k/yr and 90% of your income goes to necessities, then it makes fiscal sense to take a paycut to 70k/yr when your necessities only take 40℅ of your income.

It's nice to live in nice places, and moving and leaving your family/friends behind is a horrible thing to have to do, but it doesn't have to be forever and this is a matter of survival.

A good read, your comment was. /yoda

It’s the earning enough money part that’s difficult. We’re not getting paid commensurate to our value because what used to be skimmed off the top of the value we produce is now being gouged out in big, ragged chunks.

I agree, totally. If the price of goods don't go down, then the incomes earned must go up. But we (assuming Americans for this comment) live in a society where its ok for a company to "charge whatever the market will bear", they have no insentives to 'take care' of their fellow citizens. So then individuals have to fight harder/smarter for more income.

The other side of that equation is lower the costs of goods, which in this case is housing. There's currently a weird conjunction of shortage of housing and real estate corporations buying up all available housing to rent that is causing the pricing woes. The latter reminds me of how there was a shortage of computer GPUs for gamers to purchase at a reasonable price, in the recent past, and the market did not correct (much) because it didn't have to, no competition pressure.

When I mention contacting your elected representative, its for things like to talk to them about lowering the price of goods by enacting laws to prevent monopolistic behavior and promote competition. Right now those reps are not doing that because they are getting paid NOT to do that by the companies. Who you elect to office really does matter in the long run, and even moreso your active participation in the process.

The kicker is there’s absolutely no good reason we shouldn’t have economic conditions at least similar to my parent’s generation at this stage in our lives.

Well, you're right, and you're wrong at the same time.

You are right that if Capitialism was working optimally the market would be saturated with product and competition would keep pricing down. But we don't have that, since we rely on goverment to regulate 'bad behavior' Capitalism, and they are not doing that right now.

But at the same time you're wrong, as Capitalism is not a guarantee, its a variance, its random(ish), and there are no guarantees that the good market that exists today will exist thirty years from now. Its one of the reasons that IMO Capitalism kind of sucks (as practiced today), for the welfare and happiness of all human beings.

–Privileged bitching alert–

My personal story was from being a high-school dropout who had to go find work, to being a very poor "rich" homeowner person today. I lived very frugally at first (really cut down on having meals delivered to you, etc. etc.), and over time my money 'snowballed' (there really is truth to that strategy). So I know its possible to overcome any market situation, but its definately not easy, and it takes a toll on you, both body and spirit.

P.s. this comment helped me realize my wife and I have professionally turned into my parents. Gross!

The other day I was visting my 30's son, and he was in the kitchen yelling at his fiance for where some cooking ingredient was (it wasn't angry yelling, just for volume, as she was at the other side of the house). And then he stops, turns his head away from the kitchen pantry cabinet to look squarely at me sitting on the couch nearby, and says the exact same thing you said, "I've turned into my parents." I won't lie, I laughed my ass off, and felt good inside a little bit, in a misery loves company ironic comedic parental revenge sort of way. "Its the 'Circle of Life', bay-bbeeee!". We both laughed.

Bottom line, you just gotta surround yourself with loved ones and ride out the bad storms, and seek happiness where you can, day-by-day. And learn to fish, and not just ask to be given fish all the time (unless you're really in trouble). Oh, and try to pay things forward. When things are better for your neighbors, they tend to end up being better for you too.

Thank you for coming to my TEDTalk.