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Reply to "Study shows that 350k/year is barely scrapping by as middle class"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Middle class people do not own $1.8m houses. Nor do they spend $24,000 on preschool. Or $2,000 a month on food. What a stupid article. [/quote] I think the spreadsheet is realistic--whether you call it middle-class or not. COL in DC is high and 24,000$ for two-working parents is the norm here.[/quote] The spreadsheet is realistic for a couple living in a very nice neighborhood in a high COL area, understanding that a high income like that almost certainly comes with some high-end tastes and expectations. I'm not going to use the word "rich" here, bit these people are not "middle class." Take the $24k preschool bill. Thats solidly on the high end for preschool even in a HCOL area. Is it common? Sure, but only because you have a lot of upper class people in those areas. Having a neighborhood of all upper-class people doesn't shift the meaning of middle class...[/quote] So you’re saying the DC metro area is all upper-class?[/quote]
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