chooseaname
Joined 8 years ago
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Mar 5
Joined 8 years ago
This is way too much. We just finished paying off our current house and our payment was around 14% of our net. We are high earners in a low CoL area so the house is really nice, but wasn't very expensive. I can't imagine being "house poor" after this.
Probably an unviable business no matter the wage. People cannot be depended on to subsidize someone's business by accepting crappy wages.
Raising wages in not in the best interest of share holders.
Edit: wording.
I wonder if we'll see a Michael situation, where Ida just continues to intensify as it closes in on land.