Anonymous wrote:-lower end of upper middle class
-upper end of upper middle class
Can you define these? lol I'm truly fascinated probably in a bad way.
Anonymous wrote:Anonymous wrote:Anonymous wrote:You all just defined upper class in all these examples not UMC. Wild to think how poor you all think you are.
Couple A owns this house: https://www.redfin.com/MD/Potomac/12609-Steeple-Chase-Way-20854/home/10509024 along with the two usual Japanese midrange cars (assume Accord and Highlander) and this lifestyle probably requires a 300-350k HHI, with each partner making $160-70 each.
Is this upper class? Just curious.
But there are people with that house and cars making $500k+ too
Again, this crowd is so clueless about people’s network and judge on material items.
Anonymous wrote:Anonymous wrote:Anonymous wrote:You all just defined upper class in all these examples not UMC. Wild to think how poor you all think you are.
I'm almost 60. UMC today buys a standard middle class life from the 70s. It's ridiculous how the middle class is shrinking.
55.
Yes!
Anonymous wrote:Anonymous wrote:You all just defined upper class in all these examples not UMC. Wild to think how poor you all think you are.
I'm almost 60. UMC today buys a standard middle class life from the 70s. It's ridiculous how the middle class is shrinking.
Anonymous wrote:Anonymous wrote:You all just defined upper class in all these examples not UMC. Wild to think how poor you all think you are.
Couple A owns this house: https://www.redfin.com/MD/Potomac/12609-Steeple-Chase-Way-20854/home/10509024 along with the two usual Japanese midrange cars (assume Accord and Highlander) and this lifestyle probably requires a 300-350k HHI, with each partner making $160-70 each.
Is this upper class? Just curious.
Anonymous wrote:Anonymous wrote:Anonymous wrote:It is absolutely wild how this conversation is, so far, exclusively about income and wealth--and not at all about educational attainment, reputation or life experience (all of which historically have been considered parts of defining class).
Because the bolded is meaningless and entirely subjective. Class in the modern world is strictly driven by income and assets, not where you went to college or who your great-great-grandfather was. You're trapped in thinking there is a class hierarchy as of old, with the aristocracy at top, the merchants next, the peasants at the bottom. That class hierarchy was legally ordained and each class had specific rights and power. We don't operate like that any more.
We do have socio-economic cultural groups with their own tastes and preferences but no one group has more or less power or legally enshrined rights over others. Being a graduate of Harvard doesn't confer special status, the vast majority couldn't care less. But a self made owner of a plumbing supply business who made millions garners more respect than a typical Harvard graduate who's the fifth generation to have gone to Harvard and lives anonymously in a boring Bethesda colonial.
There is absolutely a cultural and educational aspect to it.
Anonymous wrote:Anonymous wrote:It is absolutely wild how this conversation is, so far, exclusively about income and wealth--and not at all about educational attainment, reputation or life experience (all of which historically have been considered parts of defining class).
Because the bolded is meaningless and entirely subjective. Class in the modern world is strictly driven by income and assets, not where you went to college or who your great-great-grandfather was. You're trapped in thinking there is a class hierarchy as of old, with the aristocracy at top, the merchants next, the peasants at the bottom. That class hierarchy was legally ordained and each class had specific rights and power. We don't operate like that any more.
We do have socio-economic cultural groups with their own tastes and preferences but no one group has more or less power or legally enshrined rights over others. Being a graduate of Harvard doesn't confer special status, the vast majority couldn't care less. But a self made owner of a plumbing supply business who made millions garners more respect than a typical Harvard graduate who's the fifth generation to have gone to Harvard and lives anonymously in a boring Bethesda colonial.
Anonymous wrote:It is absolutely wild how this conversation is, so far, exclusively about income and wealth--and not at all about educational attainment, reputation or life experience (all of which historically have been considered parts of defining class).
Anonymous wrote:Lower end of UMC I'd say one person making $350-$400k
Upper end of UMC HHI of $2m.
That's around here. obviously different in different areas.
Anonymous wrote:Anonymous wrote:You all just defined upper class in all these examples not UMC. Wild to think how poor you all think you are.
Couple A owns this house: https://www.redfin.com/MD/Potomac/12609-Steeple-Chase-Way-20854/home/10509024 along with the two usual Japanese midrange cars (assume Accord and Highlander) and this lifestyle probably requires a 300-350k HHI, with each partner making $160-70 each.
Is this upper class? Just curious.
Anonymous wrote:Upper end of UMC to me is:
People who can afford nearly every material thing they want but still work full time+ for a living. Awesome house, private schools, fully funding retirement and college funds, nice vehicles, frequent luxury travel etc.
Lower end of UMC is a lot harder to define. But generally to me it means financially comfortable day-to-day, home in a nice neighborhood, saving appropriately for retirement, and can afford SOME nice things but have to budget & pick and choose. And obviously, they work full time+.
And the income thresholds for each will depend on geographic region.
Anonymous wrote:Anonymous wrote:You all just defined upper class in all these examples not UMC. Wild to think how poor you all think you are.
Couple A owns this house: https://www.redfin.com/MD/Potomac/12609-Steeple-Chase-Way-20854/home/10509024 along with the two usual Japanese midrange cars (assume Accord and Highlander) and this lifestyle probably requires a 300-350k HHI, with each partner making $160-70 each.
Is this upper class? Just curious.
Anonymous wrote:You all just defined upper class in all these examples not UMC. Wild to think how poor you all think you are.