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Reply to "How do so many young families have $80k SUVs?"
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[quote=Anonymous]The 1% income for DC is low 7-figures. That means 1 out of every 100 families is pulling down more than $1M/year. Top 5% is north of $400k. So 1 out of every 20 families is making that much. There are nearly 10M residents in the area and however many households. That 1% or 5% of a very big number means there are a lot of people who can easily pay for an expensive car. But, also, debt.[/quote]
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