I could easily replicate my familial upbringing if I lived in one of the cities I grew up in (Cleveland) and had my father's single income as an electrician with my mother working part-time (mostly for her own sanity, not income). I've checked real estate prices and cost of living there, it's totally doable. Not much has changed there; if anything, tradesman jobs are in desperate need of good journeymen and apprentices as tons of kids go to college instead of exploring blue-collar jobs.
Where I live now (Seattle), hell no. But Seattle was a lot different 30 years ago.
And if I just kept my last job w/ a salary in the mid 100Ks and worked remotely, I'd live like a king in Cleveland. I literally wouldn't know what to buy or where to live. In Seattle I live in a "bad" area in a townhome that I could barely afford during the dip and now I won the idiot's lottery and am sitting on a property that has appreciated by double.
But through it all, Cleveland still exists. And I could easily live in a suburb of Cleveland and get a decent enough bungalow boring house for under 100k that doesn't need any work done to it except a paint job.
I bet I'd get even more value in Detroit or maybe Pittsburgh.
Where I live now (Seattle), hell no. But Seattle was a lot different 30 years ago.
And if I just kept my last job w/ a salary in the mid 100Ks and worked remotely, I'd live like a king in Cleveland. I literally wouldn't know what to buy or where to live. In Seattle I live in a "bad" area in a townhome that I could barely afford during the dip and now I won the idiot's lottery and am sitting on a property that has appreciated by double.
But through it all, Cleveland still exists. And I could easily live in a suburb of Cleveland and get a decent enough bungalow boring house for under 100k that doesn't need any work done to it except a paint job.
I bet I'd get even more value in Detroit or maybe Pittsburgh.