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Reply to "Middles Class: $381K is the NEW $100k, Six Figures is no longer Suceessful based on analysis"
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[quote=Anonymous][quote=Anonymous]middle class is not about income its the notion of having a certain size house 3000SQRFT, 2 35k cars, childcare/nanny and public schools. THat's my definition. Friends in other areas achieve this on a much lower income even with adjustment for COL.[/quote] Then you have a different definition from the accepted definitions. If you are going to make up your own definitions, then every time you use the term middle class you need to qualify that this is based on your skewed thoughts. By your definition, the middle class is defined to be in the 80th to 90th percentile. By your definition, 80% of the US population is below middle class. The standard definition of middle class is the middle 50% of the income earning population, e.g. about the 25th to 75th percentile, which cannot afford the majority of your definition. Additionally, the average house in the US is about 2200 SF. So again, about 80% of the the homes in America do not fit your notion of middle class. You have very upper class tastes for the middle class of America.[/quote]
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