Comments by "" (@jmitterii2) on "Growing Up Poor In America (full documentary) | FRONTLINE" video.

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  3. I grew up in a poor neighborhood because my parents didn't want like the idea of wasting money on a house... I kind of regret that they didn't, because solid property at least would mean they're not at risk of space rent in a trailer court suddenly becoming a new housing or apartment development and being forced to move. My parents were in a position they could have afforded a house back in the late 90's and would have had it paid off by now... probably by 2010. And am Lucky my dad had two pensions from place he worked at for 35 years; with social security and those pensions and my mom now in retirement age social security they make a decent amount. The backwards thinking though is now he's saving... for what? Who knows. I keep telling him to sell their double wide and buy a house with a big down payment. It effects me in the sense that I save and budget. But with cost of living, rental prices and housing prices ever going higher it feels insufficient... on this trajectory that they recently raised my rent for a new 1 year lease $80 in June... on the brink of a great depression and this pandemic, these apartment units will be empty and most of us all will be living in our cars or RV's or tents. I work more than 40 hours a week and have side gigs. Unlike some people, largely because I have no children I have some savings and investments, but not the ideal amount for retirement... no pensions anymore means life elderly is going to be a disaster for our generations. Already is for many of the boomers and some of the Xrs starting to face it.
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