Posted on 09/19/2017 8:06:04 PM PDT by MilesVeritatis
CAMPBELL, Ohio Forty years ago, on Sept. 19, thousands of men walked into the Campbell Works of Youngstown Sheet and Tube along the Mahoning River before the early shift.
Like every fall morning, they were armed with lunch pails and hard hats; the only worry on their minds was the upcoming Pittsburgh Steelers game on Monday Night Football. The only arguing you heard was whether quarterback Terry Bradshaw had fully recovered from the dramatic hit he took from a Cleveland Browns player the season before.
It was just before 7 a.m., and the fog that had settled over the river was beginning to lift. As the sun began to streak through the mist, the men made their way into the labyrinth of buildings where they worked.
In the next hour, their lives would change forever.
From then on, this date in 1977 would be known as Black Monday in the Steel Valley, which stretches from Mahoning and Trumbull counties in Ohio eastward toward Pittsburgh. It is the date when Youngstown Sheet and Tube abruptly furloughed 5,000 workers in one day.
The bleeding never stopped.
(Excerpt) Read more at nypost.com ...
Not according to some experts here. ☺
Accordiing to some FR experts think these young working adults are able to save $50,000 cash and buy $500,000 homes in S. CA on 50k or less after taxes.
It's a relief to see there are still a few people on here who know what's going on.☺
LOL!
He's wasn't talking about S. CA slick....Like I've been trying to tell ya for the past 25 posts...You are one thick headed individual.
I realize that DoughtyOne wasn’t CA specific, and my first comment to you only corrected you on the taxes (you’d net about $50k on a family of 4 in CA, not $34k). Again, I think you should look in the mirror on disingenuous.
Millennials Arent Buying Houses Because They Cant Afford To
Here’s another article slick...They’ve been publishing these types of articles for years now. Read it and educate yourself.
There are so many articles backing up what I’ve said to you, it’s ridicules...But you’ve proved nothing will penetrate your thick skull.
I’ll be looking for ya rb22982
Whos Powering the Housing Market? Surprise! Its Millennials
"Millennials were the largest group of home buyers (34 percent) for the fourth consecutive year, according to NARs 2017 Home Buyer and Seller Generational Trends study. By comparison, baby boomers were 30 percent of buyers."
I think you are confusing what I was arguing with someone else LOL Have a nice day
You're right....You win!
LOL so many straw-man arguments in one short paragraph it makes my belly groan from laughing! Thanks!
LOL is right...Some no nothing on the east coast is going to tell me all about CA real estate and who can or can’t afford it? You’re way out of your league jr.
LOL like I said, thanks for the laughs
If you want to remain a renter your whole life, staying home eating a very sparse diet, and forgetting about any social life including eating out, movies, other forms of entertainment, then sure you can survive for under $100K easily.
You won’t retire on much more than SS. You will more than likely have to access Medicaid, because you can’t afford straight Medicare without one of the various plans out there.
As for doing much in your golden years, you’ll be able to play board games if your spouse is still around, having lived that kind of life with you.
Wow - reading this thread makes me glad we live in a poor rural area of SW OR, paid cash for 5 acres years ago and built our own house (such as it is) and owe nothing... or we’d be in a trailer at some trailer park.
Hey, I agree. Still considering doing that.
I could save up nearly $1,250 a month if I did that.
Sometimes it looks pretty attractive.
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