Originally Posted by
El Peso
Housing in major metro areas (like where we have pilot bases) is through the roof. Rents are up 30% in many cities and the cost of owning is the highest in the history of our country, adjusted for inflation. Interest rates are on the rise too so it’s only going to get more expensive. And wait til your heating bill roles in this winter. These expenses alone can not be over stated. Forget about the buying power you had in 2019 vs today, we’re also trying to negotiate a RAISE here in case you forgot! 10/5/3 doesn’t even come close to keeping up with inflation let alone securing an actual raise.
I know it isn’t what you want to hear, but it actually is a raise. I’m trying to ground the debate in facts. Bring it. I hope to be wrong, but I absolutely will not let bs math fly. Regarding housing costs, yes they have gone up, but rent from $2,500 to $3,500 per month does not make the point you think it does (12K in cost v 34K raise before 401K for a 5 year FO).