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Reply to "Down and Out on $250K/year...."
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[quote=Anonymous][quote]No, I agree with the first PP. That is an example of the upper middle class American Dream... plenty of people able to do this in Dallas or Atlanta etc. for probably a bit more than 100-150K a year, but not easily possible in NYC, SF, DC, unless you have way more income/resources.[/quote] I have lived in Texas. That's true that the cost of living is lower, but typically salaries are commensurate with the cost of living in the area. While there are certainly plenty of uber wealthy people in Dallas, Houston, Atlanta, etc. who skew the distribution, on average there are a lot fewer 250K+ jobs in Texas than there are in DC, SF, NYC, etc. Also in Texas, there really are not a lot of "close in" areas that are affordable in the big cities, like anywhere else. Texas is highway land, and those 3,000+ square feet houses that are affordable are typically NOT in areas where you have a quick commute to the city center.[/quote]
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