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Cycling is ten times more important than electric cars for reaching net-zero cities
(theconversation.com)
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I agree that our capitalist society sucks. Your only choice is work within it or die.
You answered one of the questions and almost certainly
no rent + $350 < rent
. You didn’t answer the other question and I see from another comment, you make $40K/year. Where I am in Ontario, that’s not much more than minimum wage ($16.55/h×7.5h/d×251d/year≃$31K/year
). I’d highly recommend reviewing whether your pay and job satisfaction is worth what you spend on your commute!No, the commute and car ownership is literally cheaper than paying the extra rent.
My mom only charges me $500/month, last I looked rent for places that aren't even comparable to what I have now were about $1500/month, and my car is costing me about $250/month. That's a difference of $750/month, and my quality of life is way better.
What you're suggesting is completely unreasonable for me.
However I admit that my comment about homelessness is likely wrong on further analysis. But it remains to be seen what happens with the housing market in the intervening years.
I think you misunderstood my comment. I was agreeing with you. If you're staying with family, that's almost certainly financially better than getting your own place. What I was saying is that you didn't answer the second option: What if you got a job closer to home? You don't have to answer it here, but I'd just recommend reviewing it by yourself.
If you make $40K/year, your 37km commute probably costs you ~15% of your net income. Getting a slightly worse paying job within biking distance of your current home could leave more money in your pocket.
I see, I did misunderstand.
Unfortunately being in a small town means there are limited options, and most of them I've used already. Some I could go back to. But really this is about the best I've found.
The real option is to start a business, but I'm enjoying life more than I ever have at the moment, and I don't want to give that up and go back to working all the time. I probably will eventually, because I hate working for people who I think are stupider than I am.