Think some of it this as we don’t have a strong safety net in the US. But also read that is because cities are just so expensive. Yeah, for people making something like $40k/yr it’s much easier to fall into major debt. Had a couple of roommates who went through this, staying financially solvent in the city was a huge deal. It seemed like they were constantly treading water.
But, agree that we as a country can strengthen to safety net, probably good for us as a whole.
But, agree that we as a country can strengthen to safety net, probably good for us as a whole.