Recently I had a talk with a hair stylist, who I just started going to. She told me that she wanted to move to another state but the rents and house prices are much higher so she must stay here. I just nodded but what I wanted to say was "Don't they have hair salons there? How do those people get by? I say move where you want, not on the cost." Does anyone else believe in this philosophy?
In expensive places, people struggle to get by. The cost of service goods (such as haircuts) doesn't compensate for the increase in the cost of living I do agree that you should live somewhere you love, I also know this isn't realistic for some people.
I am willing to sacrifice to live here, especially as my kids are in great schools. However, I will move once my kids are out of school and I am nearing retirement. I want my money to go further and that will be achieved somewhere else.
Money won't make you happy, but if you can't sleep for worry about how to keep a roof over your head, pay the rent or mortgage, getting behind on bills, choosing between adequate food or fuel for your car to get to work.. well.
Some have a risk taker approach, move, try, either win or fail. Others play it safer. Maybe don't live in that dream local but don't find themselves in a debt hole either.
I'm ok to live where I can afford. Save for a trip somewhere else for a treat.
As far as homes go: right now it is a seller's market only. Lending interest rates were just announced to go up (and at least 4 times in 2022). Rent in my state is the same as a mortgage, except few houses are available for sale and most of those are way overpriced due to demand and scarecity. Plus you have to have a good credit rating to get approved for a decent rental unit.
Then there are the labor shortage and supply chain problems forcing prices up. And the price of gas WILL continue to be an issue, so better not live where you have a long car communte. The stress of living check-to-check or in debt will take years off your life, even if you live in utopia. Plus, how is your stylist supposed to save responsibly for her retirement if she can barely pay bills because she's living in an expensive paradise? She has to have some monthly "padding" in her budget because we live in very uncertain times right now. The budget she works out today may be blown out tomorrow by world events.
Hair stylist working for someone work on commission or they rent an area. Even if the owner, its got to be a great salon to make anyone rich.
For me, the price of living in another state would be considered if I moved. I am retired. Cost of living continues to rise but my income doesn't. This is the first year that I have seen a raise in my SS. Every other year my raise is taken up in the increase of my Medicare premium.
Yes, the cost of living in another state would be a big consideration in where I moved to.
My cousin lives in a quite small city in the mid-west, very affordable. But when her hubby got cancer, she had to drive 2 hours each way to get to chemotherapy. And to see an Oncologist.
Home prices are high in San Francisco where I live. But it isn't only the homes. It is everything. The food especially. Haircuts I am certain cost more, but to live here in the city and get the big salon costs most have to travel in from the burbs; add that to the cost.
I think for some--the lucky ones--we can decide where we want to live. For others, I think there isn't a lot of choice. The stories of living in New York isn't only about the cost of an apartment (if you can find one) but about the size. I heard a woman say the other day that they don't have a closet in theirs.
I guess this comes under "It all depends" and that's for the individual to decide.
Are you sure you are living on the planet Earth? To say that a hair stylist can afford to live wherever they'd like is beyond tone deaf. "How do 'those people' get by?" By working their arses off and living low on the hog, in states where the cost of living won't leave them eating Ramen noodles all day! My hairdresser works 6 days a week & her fiance works 6 days a week, and they can barely scrape by to pay their rent here in the burbs of Denver every month AND feed themselves at the same time!
Do you realize that in California as of 3/7 the average price of gas is over $5 per gallon? THAT one fact right there makes living in the Bay area unaffordable for most American working class people who have to drive to work every day! Not to mention the average rent is $3244 for an apartment in San Francisco, but the average rent in Laurel MS is $665.
Average Price per Gallon of Gas in Bay Area Counties
Marin
$5.509
Napa
$5.505
San Francisco
$5.501
Sonoma
$5.480
San Mateo
$5.474
Alameda
$5.405
Solano
$5.392
Contra Costa
$5.381
Santa Clara
$5.378
California
$5.343
U.S.
$4.065
How most Americans 'get by' these days, with inflation being sky high, is by the skin of our teeth, I'm sorry to tell you. Luxury lifestyles of the rich & famous are just FOR the rich & famous, not the ordinary working class stiffs, I'm afraid
Sure, you can make money cutting hair-working about 50 hours a week and then free lancing as a stylist for weddings or photo shoots in what little free time you might have. Which would work best in NYC, DC, Philly, LA. Major metropolitan areas with that cash to splash. Of course then the down side is....cost of living. Commuting. You will have to have roomates or a partner making twice what you do in order to cover bills 'n food-in case your bookings slow down. Oh, and they'd better have health insurance that will cover you too, 'cause most salons do not offer that. I rather think the person who has posited the point of view of being able to live where ever, how ever is having a bit of fun here and really thinks they're clever in doing so.
Otherwise, in the real world, folks are getting squeezed really hard right now by so many factors, it's incredibly difficult, stressful and I feel bad for young adults, who are starting out now without much help, student loans, a pandemic, inflation and a very changed work world from even a few years ago.
Yes, it's nice to have stars in your eyes and aspire to where you want to live one day, but I'm glad the hairstylist is being sensible. OP may not realize that moving to, say, Southern California where I am will cost about $3,000/month rent (first and last -- so $6,000 up front), plus our sales taxes are almost 10%, gas is about $6/gal, and food is also through the roof like everywhere else. Let's not forget car payments and maintenance, insurance, utilities, and everything else that goes into living on your own.
Common sense says that a dream like that is what you aspire to, work and save to afford, but don't jump into just because you want it. There's no better way to become disillusioned and homeless at the same time that to jump without looking.
Instant gratification ain't all it's cracked up to be.
No. I'm not. I'm not clever in that way. Just very practical. I know someone who moved to one of the most expensive places in the world. They got the word out that they wanted something "really simple". They found it. It was the former gardener's quarters on an older estate on the sea! It was "just" a large room with a small private bathroom for a fraction of what the average apartment rental went for!
The moral of the story: Go where you want and for Pete's sake realize you don't need all that "stuff" that you or others think you need. Look for value. Be helpful to your neighbors everywhere. Go the extra mile. Treat people how you would like to be treated. You know, the golden rule. Oh, and never drink alcohol. That stuff will put you into a nursing home very eary!
When people have deals like that, they typically rent to just people they know if they’re feeling philanthropic, or they charge the full market 2000 for the hordes of tech engineers who want out of sharing a bathroom and kitchen with a housemate. Pretty much everyone here under six figures bought in and are house rich, or are living with someone who is.
I believe most people "need" or want too much "stuff" in life and this causes financial stress. Many people "keep up with the Jones" in all respects. Food is not expensive. Housing is. Cars and gasoline are expensive. How many people could do without a car? Ask the citizens of Copenhagen, Denmark. They will say it is "freedom".
There are millions of people in the Bay area who live in houses and apartments. Only a small fraction do not. That's another to go where you want. You can eventually have your own apartment or house. It's not impossible or like winning the lottery.
Even turned down a high six figure salary position for a tech firm. Yeah was not doing it.
I am finished speaking to you on THIS subject as well, as obviously you are here to argue, tell tales, and pull legs.
Have a nice day, a nice life, and best of luck living out all of your dreams.
My breakfast today was a large bowl of oatmeal with a small plate of cashews on the side. I would estimate that that healthy breakfast cost me less than $1. The whole darn large container of oatmeal was only $2.50 or something! The cashews were like $6 for 8 oz or something like that so a small plate of them is like 1/2 pz. or $.50!
So if you shop right and eat right food does not have to be expensive. I believe people either do not know how to do this or they simply want too much that they don't actually need.
Right now, I live in western NY and it feels like the mid west. There’s only jobs in healthcare or the university as a professor. Everything else is mediocre and I noticed people stay for family.
Europeans, Asians and Indians will pack up and move to any part of the world for a job. They know jobs won’t be coming to your door. It works well when the family moves together and you support each other.