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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]Fine, but you're saying that choice and time (time not spent commuting) are what I'm spending my money on. Those aren't tangible luxuries, which are what people usually cite when they think of someone with a higher income ("you could just go to Starbucks less often" "you don't need to drive a Mercedes"). I don't go to Starbucks or drive a Mercedes, but I have a 30-minute commute. There is a big disconnect between how people perceive that income and what it actually buys you in a high cost of living area. [/quote] Well, yeah. A short commute definitely is a luxury in much of this area. And of course it's tangible - it's your house! Instead of the Mercedes and constant Starbucks, you chose to spend a high percentage of your income on a house. How is that not tangible? The argument that you, making $300k HHI and living in a close-in and therefore expensive house, are middle class but the person making the same $300k who had double your commute but less expensive house, and therefore can afford a Mercedes and Starbucks, is somehow not middle class is truly absurd. And like others, I don't know what the fascination is with being considered middle class. [/quote]
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