Viewing a single comment thread. View all comments

DiriboNuclearAcid t1_j5gn7i9 wrote

Reply to comment by h1g440rs3 in The dichotomy of FT by Johs92

You can't pay a mortgage working minimum wage when you bought the house with your salary in mind. Some will say that's their fault for overextending but if it's happening across the country that's a crisis, not an individual problem.

1

h1g440rs3 t1_j5h3phi wrote

Those that lost their jobs won’t work for minimum wage

1

DiriboNuclearAcid t1_j5hp3cs wrote

Based off no evidence, just my personal bias. I think most people being laid off won't find another high paying job because their whole sector is laying people off. The ones who get a new high paying job will be a minority, everyone else will be taking a substantial pay cut.

1

h1g440rs3 t1_j5hrhqk wrote

Lol but to minimum wage jobs?? That’s accepting nearly a 60% pay cut. That’s not likely at all.

1