um yes? because it’s the truth? do some research before posting man. even if you were alive back then that doesn’t mean you knew wtf was up everywhere in the country with every demographic.
no, i just think i don’t like dealing with idiots like yourself who’s perogotive is to abscond anything you read that makes you feel any cognitive dissonance.
i have nothing good to say to those who can’t engage in good-faith discussion, like yourself. you’re part of the problem with the world nowadays.
In the 1980s, it was possible for a McDonald’s worker to afford a house on their salary alone due to lower housing costs and higher relative purchasing power. For example, in 1980, the average home price was around $47,200, and minimum wage workers could feasibly save for a down payment with disciplined budgeting[5].
Today, this scenario is nearly impossible. Housing costs have skyrocketed while wages have stagnated. A full-time McDonald’s worker earning $8.75/hour would gross about $13,811 annually, far below the income needed to afford even modest housing without spending more than 30% of their income on rent[2][4].
Do people on Lemmy think that there was a time when one could afford a house on fast food worker wages?
um yes? because it’s the truth? do some research before posting man. even if you were alive back then that doesn’t mean you knew wtf was up everywhere in the country with every demographic.
apologies for reddit as a source but full time wage in 1974 for mcdonald’s was, coupled with aid like the GI program, absolutely more than enough capital to buy a family home. don’t spread misinformation. remember what was stolen, or for some never even given.
You are gullible
no, i just think i don’t like dealing with idiots like yourself who’s perogotive is to abscond anything you read that makes you feel any cognitive dissonance.
i have nothing good to say to those who can’t engage in good-faith discussion, like yourself. you’re part of the problem with the world nowadays.
You mean a full time wage?
Yes. Full time fast food worker wages
In the 1980s, it was possible for a McDonald’s worker to afford a house on their salary alone due to lower housing costs and higher relative purchasing power. For example, in 1980, the average home price was around $47,200, and minimum wage workers could feasibly save for a down payment with disciplined budgeting[5].
Today, this scenario is nearly impossible. Housing costs have skyrocketed while wages have stagnated. A full-time McDonald’s worker earning $8.75/hour would gross about $13,811 annually, far below the income needed to afford even modest housing without spending more than 30% of their income on rent[2][4].
Citations: [1] Is it possible to move out parents house with McDonald’s income? https://www.reddit.com/r/McDonaldsEmployees/comments/15c54ah/is_it_possible_to_move_out_parents_house_with/ [2] Paycheck for a McDonald’s worker is very small. - Upworthy https://www.upworthy.com/heres-a-paycheck-for-a-mcdonalds-worker-heres-my-jaw-dropping-to-the-floor-ex1 [3] Mcdonald’s Real Estate: How They Really Make Their Money - https://www.wallstreetsurvivor.com/mcdonalds-beyond-the-burger/ [4] [PDF] Unaccommodating: Rental Housing Wage in Canada https://www.policyalternatives.ca/wp-content/uploads/attachments/Unaccommodating - Rental Wage in Canada.pdf [5] Could You Buy a House Working at McDonald’s in the 1980s? https://www.nasdaq.com/articles/could-you-buy-house-working-mcdonalds-1980s [6] [PDF] Salaried-Employee-Handbook-Office.pdf - McDonald’s https://www.mcdonalds.com/content/dam/sites/uk/nfl/pdf/uploads/careers/Salaried-Employee-Handbook-Office.pdf [7] How to work at McDonald’s and still become a millionaire - CNBC https://www.cnbc.com/2024/11/09/how-to-work-at-mcdonalds-and-still-become-a-millionaire.html