Reply To: Is there a middle class frum family financial crisis ?

Thank you 5TResident for addressing the issue. My follow-up question to people like you is “do you feel that you are the norm or the exception?” I have spent some time in the five towns and my impression is that you seem to be the exception. Drive around and see how many houses (bought at very expensive prices) have been renovated. Look at the prices in the supermarkets and the amount of luxury items people buy. During vacation times it seems like people empty out to high-end places etc.

My point is that if it is true that the admission of “5T Resident” is so common I would expect at some point for the system to collapse or correct itself as it does in the rest of the economy. Why do we constantly see pesach hotels expanding, expensive sleep-away camps growing, people driving newer fancier cars, more newlywed couples living in Israel on parents dime, etc.

My question is not what should we should be doing. My question is what is the reality? Are most people like “5T resident” just squeaking by?