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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] Actually, an 850k house in an affluent neighborhood is exactly what most people cite when they think of someone with a higher income (it is also very tangible, by the way). To your main point - you have many choices, you chose an 850k house. You dont need that house. If you came in to work and told your boss you were moving to south Arlington, Woodbridge, Springfield, Burke, silver spring, PG, would your salary change? You want to be in an affluent, close in neighborhood, so you choose to pay more for that. If I choose to buy an 850k unicorn horn with a high income, that doesn't make me middle class just because it isn't something people "cite when they think of someone with a high income". I chose to buy it, I had the money to pay for it, which means I now have less money left for other things, but it doesn't magically make me middle class. [/quote] Again, this line of reasoning is highly hypocritical. You can say the same thing about just any other group making above the median income in the DC area and declare that they are therefore not middle class. This is clearly not the case. Even as the upper middle class group enjoy marginally better quality of life, their life style is similar and they can closely relate to other people in the middle class. My rich Iranian friend with family wealth cannot relate to the middle class - she is smart and knows that she can't, so she doesn't make an ass out of herself. She knows she lives a sheltered life. She works at a non-profit to keep herself busy, she doesn't need the income. She has no interest in the current interest rates because she can pay for a house, any house, with cash. Her kids go to private school, the cost of which is so inconsequential they might as well be free. She has a driver who take the kids to/from school daily. And it seems she's on vacation at least half of the time. No upper middle class person lives like this. [/quote]
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