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by fourmyle 2362 days ago
A lot of these people got into the housing market before the explosion in prices over the last 15 years. Also, that stat also doesn't tell you if people on those incomes can afford their houses or how soon they can retire.

It sounds like you either don't live in the Bay Area or you make about what I make and haven't realized if you don't make $300k and your options aren't very pleasant.

1 comments

I don't know if you came from an extremely privileged background, but I find it ridiculous that your minimum standard of a comfortable living starts at over double the median household income for that area.
I grew up in the Rust Belt in rural PA. Mean salary where I am from is about $22k. You either haven’t lived in the Bay Area or can’t do math if you think what I am saying is crazy. Anyway check this out https://www.google.com/amp/s/www.cnbc.com/amp/2019/09/11/you...