Agreed. I really don’t know how anyone making < $50K survives anymore. And I don’t live in a high cost of living area either.
I am retired in a small town in Texas, living on less then 30k per year. Everything is paid for thank G*d or I would be homeless. I see more and more homeless everyday, I also see folks with homes taking on renters to make ends meet. Even in this little town break-ins are up and mail thief is common. Things are getting bad and this is a little sleepy off the main road Texas village. The collapse is happening, just slowly.