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Money and Finances
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][quote=Anonymous][quote=Anonymous]It’s not a “stupid article.” It was vetted by FIRE proponents and they agreed with the estimates. As a family with HHI around $320K in NW DC, these estimates are spot on. The trick is to get a job in DC or Boston, and then move to a LCOL area while continuing to telecommute with the same job. I have a few colleagues doing this and they are very happy, especially in the young kid years.[/quote] What "middle class" neighborhood has a median home price of 1.6 million? It's definitely not Silver Spring, which is my definition of middle class in the DC area.[/quote] No that is low class, bad schools and a high proportion of low income people (more than 10%) Dont be fooled by realtors and other cheerleaders of real estate, Bethesda is middle class, it's just not as affordable as it was in the past. [/quote] Nope, and your comment shows why you are out of touch and why claiming this budget is middle class is ridiculous. I live in Silver Spring in a comfortable renovated 2200 sq ft home and send my kids to decent schools. We are not "low class." We have advanced degrees and solid jobs. On my block are people with Ph.Ds, law degrees, MBA's, with well over half the people in professional careers. Everyone looks out for one another, we keep our houses and lawns up, the older kids that I know in the neighborhood have grown up to go off to college or the military. That is not "low class." Just because we have immigrants and people of color in much higher proportions to Bethesda does not mean we are low-income. We make 200k and if I had to guess I'd say my neighbors make anywhere from 80-250k. I grew up struggling middle class in the 70s and we now have a much higher standard of living than I did as a child. [/quote] Just because you make an ok income and live in silver spring doesn't account for the fact your perceived income is supposed to be rich. You should be in bethesda, CC or potomac.[/quote] You are hopeless and so out of touch. [/quote]
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