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IronLionZion

(45,623 posts)
5. I love hearing fairy tales from older generations
Wed May 22, 2019, 01:56 PM
May 2019

try buying a mortgage with gig economy income. I had a hard enough time using contractor income. It really requires finding a younger mortgage lender because the older ones just don't even consider it possible.

The ACA came about around the same time the gig economy got big during the recession. It's good to have a way for people to get health insurance individually without a traditional employer. Single payer would be better for this. My Dad still works despite being retirement age mainly to keep getting health insurance for my mom.

People don't often choose the gig economy, but it did help lift us out of the recession and get people some income who didn't have it before. It's a way to employ people part time, like folks who want flexible hours. Or to supplement income. Or to fill gaps in employment between full-time jobs. It shouldn't be a person's primary source of income long term. Most Uber/Lyft drivers I've met recently are in school for something or recent immigrants.

Latest Discussions»General Discussion»Millennials could push Am...»Reply #5