Reply to Ahhh feels good to be in the middle class at 300k a year

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]
hmmm, we have 1 car, live in a house under 1200 sq. ft., and certainly don't live in the best school zone according to dcum....  but somehow I'm rich according to you...  your definition by statistics of income is the definition of middle income, not a definition of what was the start of the "middle class"... fact is, the middle income are much worse off now, than they were in 1950, and this is a good thing how? just so the rich can have 5 more houses than they did in 1950?... as someone you claim is rich, I'm quite ticked off that most of america finds this income disparity is fair...[/quote]

If you make a HHI of $250K, then you are by definition in the top 2% of the nation's earner, yes, you are rich.

There are many homes in the DC area that are over 2000 sf and cost under $500K.  Frankly, those who live in the desirable neighborhoods are pretty much by definition rich.  Yes, you have the ability to afford luxuries that most cannot, including having the choice of location because of your income.  You have chosen to live in a more expensive area.  Just because your home is under 1200 sf and not in the best school zone, does not make it undesirable or less expensive by definition).  There are plenty of homes that are move expensive because the areas are more walkable or close-in so that commute to the city center is much easier.  Those are premiums that you pay for that many do not even have the option to consider.

Yes, the income disparity between the middle class, the upper middle class, the rich and the wealthy have all grown larger since 1950.  That however, does not change the fact that you are better off than 98% of the American population.  In fact you make close to 500% of what the median family in American makes.  With close to 115M households in the US, you make 5 times or more than 57M households.  You make more than 112.5M households.  You are in the top 2M households out of 115M in America.  Yes, despite your whining, you are rich.  And you have a lower amount of disposable income because you made expensive choices, but choices that you have, that many do not have.[/quote]

Well said.[/quote]

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