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Reply to "Can we stop referring to households making $200 or 300K a year as "middle class"?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Re: 3300 rent and 3br guy - I've run two companies from my dining room table. No one "needs" an office. I also rent out a 2bd/2ba RH on the Hill for $2500 a month. So you are clearly living in the penthouse and crying poor.[/quote] Certainly not crying poor here. [b]Just saying we are middle class at bes[/b]t in this area of the country, especially while making a 5k payment per month on student loans (which will drop to 3 once baby comes). Rent isnt the biggest elephant in the room here. The fact that we don't even qualify to write off SL interest on taxes warps my mind.[/quote] But you don't get it. Just because you spend at least $1000 per month more on rent than you have to, and it makes your disposable income that much less, doesn't not mean you don't have the means. A true middle class person could not afford to live in a $3300/month apartment. PERIOD. You are an affluent (not rich, but between upper middle class and rich) family that chooses to spend your money on expensive rent. You will continue to live a middle class lifestyle because you prioritize the luxury of an expensive apartment over saving money. You can easily move a little further out and have the same apartment or go with a smaller apartment to have a rent below $2500 and put the rest into paying off the loans, then into savings so that you can truly afford a lifestyle more in line with your income. But you choose to spend your disposable income on expensive housing in a prime location. For that you pay. This is like someone saying that they live on the upper east side of Manhatten, but because they spend $6000 on rent per month that they are middle class. Ridiculous.[/quote]
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