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Reply to "Ok can we stop saying $300k is "rich" in DC?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]300k is still high income. You don't have to be a 1 percenter to be high income. [/quote] But why get angry at dual income couples making 300k who are struggling to buy a house in a nice school district and stupid enough to post on here asking for advice (and instead get told to sit down and STFU because you're RICH) when you could get mad at all the lobbyists and political consultants and contractors making 900k plus?[/quote] Here what I hear: "I don't feel rich because I'm trying to buy a freestanding SFH with stainless steel appliances and a yard and granite countertops in a neighborhood where the schools are really good. By good I mean as few FARMS kids as possible. I can't afford that." Those are all wants, not needs.[/quote] Yep, this. "Wahh, that SFH is 50 years old so it's a tear down". [/quote] Numbers don't lie "“Our cost of living has increased faster than the national average,” Chapman said. Chapman’s report, based on figures from the U.S. Bureau of Economic Analysis, shows price levels in the D.C. metro area are more than 19 percent higher than the national average. Among the largest metro areas, only two others have higher prices. They include New York and San Francisco. Around the District, rent prices are especially significant." http://wtop.com/dc/2017/06/dc-regions-wealth-held-back-by-high-cost-of-living/slide/1/[/quote]
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