Well, from your name, I'm assuming you're not a dispatcher anymore...but for what it's worth, some people can manage, some can't. I've known of pilots living off of a first officer pay on Oahu. Are you going to live in a good part of town? Probably not. Are you going to be paying way too much for such little space? Probably. Can you live off of ramen noodles and rice? Some can, some can't. If you think you can't or other people can't, well, that's your opinion, and you're obviously welcome to it. But not everyone sees it the way you do, some people see it as an opportunity to work in the industry, and they'll go wherever they can.