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by Broken_Hippo
1897 days ago
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The US poverty line for a family of 4 is 26,xxx. 4-5k above poverty level is not middle class: you are still poor. It isn't like that 5k a year - $416 before taxes - puts you in middle class. You are still getting free lunch, for example. You still qualify for SNAP. House prices aren't telling you anything: Poor folks have trouble saving up for a down payment and have more issues keeping credit good enough for a house, due to lack of funds to pay things. House prices matter little if you can't actually qualify to buy them. |
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