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View Poll Results: Which is the overall best: The Big Apple or San Francisco?
New York City 78 71.56%
San Francisco 31 28.44%
Voters: 109. You may not vote on this poll

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Old 12-17-2013, 10:48 PM
 
Location: So California
8,704 posts, read 11,122,387 times
Reputation: 4794

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Quote:
Originally Posted by 18Montclair View Post
So its nice that you want us to think that the 1% defines the average wealth but just in case you ever wondered about more farreaching stats.

Families that Earn $100,000+, 2012
San Francisco city, CA 44.8%
Oakland city, CA 29.1%
New York city, NY 26.1%

Families Earning $200,000+, 2012
San Francisco city, CA 17.5%
Oakland city, CA 8.5%
New York city, CA 7.4%

As far as median and average incomes at just about every level, including poverty rates, NY is very close to Oakland and very far below SF.

This is not a surprise to anyone who follows stats.
That's a stark difference. I imagine the stats up and down the peninsula are similar to SFs numbers.

 
Old 12-17-2013, 10:52 PM
 
Location: Los Altos Hills, CA
36,659 posts, read 67,548,962 times
Reputation: 21244
Quote:
Originally Posted by Mr. Don Draper View Post
Gay? The fabulous gays left San Francisco decades ago. They're mostly in NYC now. Walk around Chelsea then go to Castro. Castro ones look beat down relics from the 70s and the Chelsea ones look rich, fab and fit. I'm surprised 18Montclair has such a distaste for New York. For someone so into counting everyone's money, i'm surprised that he hasn't received the memo that NYC is where most of the tastemakers (re: gay) and the card carrying velvet-mafia live. I mean, you would never catch David Geffen or Tom Ford in San Francisco. New York, London, Paris and Los Angeles for the jetting, glamorous, fabulous elite.
Haha Peter Thiel and Scott Cook are far more interesting than those 2 superficial boobs. Google them if your not familiar. Its a smart people thing.

And while I do enjoy the sight of tacky leopard clad plutocrats and pretty boys, since I moved back to the Bay, Ive become enamored and reacquainted with people of substance and it turns out, I like those kinds of people more So yeah...it turns out centimillionaires arent required by law to be gaudy after all.

And even without the jet set, the Bay still manages to have more billionaires than London, Paris and LA, but I promise not to tell anyone, wouldnt eant to ruin the neatly wrapped up stereotypes people have formed in their heads.
 
Old 12-17-2013, 10:58 PM
 
Location: on a plane
141 posts, read 306,824 times
Reputation: 204
Quote:
Originally Posted by slo1318 View Post
That's a stark difference. I imagine the stats up and down the peninsula are similar to SFs numbers.
Families that Earn $100,000+, 2012
Hoboken, NJ 72%
San Francisco, CA 44.8%

Families that Earn $200,000+
Hoboken, NJ: 31.8%
San Francisco, CA 17.5%

That's also a stark difference. Do you really think Hoboken is richer city than San Francisco? You're comparing the percentages between a city of 8,300,000 vs one of 800,000.

Quite easy to alter municipal boundaries to prove a point.

Last edited by Mr. Don Draper; 12-17-2013 at 11:11 PM..
 
Old 12-17-2013, 11:02 PM
 
Location: Los Altos Hills, CA
36,659 posts, read 67,548,962 times
Reputation: 21244
Quote:
Originally Posted by Mr. Don Draper View Post
It really does. New York thrashes San Francisco in terms of wealthy people. LOL.
Actually it doesnt hun.

Individuals Worth $30 Millon+, 2013
Top 10 Cities
1 New York 8,025
2 London 6,360
3 Tokyo 6,015
4 Los Angeles 4,945
5 San Francisco 4,840
6 Osaka 3,300
7 Paris 3,195
8 Hong Kong 3,180
9 Mexico City 2,695
10 Washington DC 2,675

Other cities
Chicago 2,665
Houston 2,490
Beijing 2,320
Dallas 2,240
Mumbai 2,135
Zurich 1,940
Munich 1,740
Delhi 1,980
Geneva 1,460
Dusseldorf 1,420
Shanghai 1,410
Hamburg 1,380
Singapore 1,355
Frankfurt 1,310
Rome 1,194
Atlanta 1,135
Madrid 1,135
Shenzhen 1,085
Seattle 1,070
Boston 995
Guangzhou 980
Banglaore 750

Some countries
Canada 4,980
Brazil 4,015
Australia 3,055
Mexico 3,365
Saudi Arabia 1,360
Russia 1,180
United Arab Emirates 1,050
South Africa 775

http://wuwr.wealthx.com/Wealth-X%20a...ort%202013.pdf

http://www.thinkadvisor.com/2013/10/...uper-rich-2013

So what this means is, IF NEW YORK HAD THE SAME PROPORTION OF ULTRA HIGH NET WORTH INDIVIDUALS AS SF, THERE WOULD BE 12,000+ SUCH PERSONS INSTEAD OF 8,000.


Quote:
wealth [welth] Show IPA
noun
1.
a great quantity or store of money, valuable possessions, property, or other riches:
the state of being rich
Yes, and on average, the SF family is wealthier than the average NYC family and its not close.
 
Old 12-17-2013, 11:05 PM
 
Location: Los Altos Hills, CA
36,659 posts, read 67,548,962 times
Reputation: 21244
Quote:
Originally Posted by Mr. Don Draper View Post
Families that Earn $100,000+, 2012
Hoboken, NJ 57%
San Francisco, CA 44.8%

Families that Earn $200,000+
Hoboken, NJ: 21%
San Francisco, CA 17.5%

That's also a stark difference. Do you really think Hoboken is richer than San Francisco? You're comparing the percentages between a city of 8,300,000 vs one of 800,000. New York is the richer city.

Quite easy to alter municipal boundaries to prove a point.
Hoboken, an affluent, high density suburb packed with Manhattan professionals is what it takes to rival SF, which is an actual major city. Thank you for further making my case.
 
Old 12-17-2013, 11:09 PM
 
Location: on a plane
141 posts, read 306,824 times
Reputation: 204
Quote:
Originally Posted by 18Montclair View Post
IF NEW YORK HAD THE SAME PROPORTION OF ULTRA HIGH NET WORTH INDIVIDUALS AS SF, THERE WOULD BE 12,000+ SUCH PERSONS INSTEAD OF 8,000.

But it doesn't have the same population, love. Life isn't fair.

 
Old 12-17-2013, 11:14 PM
 
Location: Los Altos Hills, CA
36,659 posts, read 67,548,962 times
Reputation: 21244
Quote:
Originally Posted by Mr. Don Draper View Post
But it doesn't, love. Life isn't fair.
I know that stat pretty much shat on your parade but its true babe. NY does NOThave proportionally as many ultra high net worth individuals as SF.

Sad face:-(
 
Old 12-17-2013, 11:25 PM
 
Location: on a plane
141 posts, read 306,824 times
Reputation: 204
Quote:
Originally Posted by 18Montclair View Post
I know that stat pretty much shat on your parade but its true babe. NY does NOThave proportionally as many ultra high net worth individuals as SF.

Sad face:-(
The United States does not have proportionally as many ultra high net worth people as Luxembourg; but the United States is clearly richer, more elite and the #1 home of the super rich. Ditto the comparison between New York vs San Francisco.

New York is the richer, more elite, and far more popular city. That's just the way it is. Life isn't fair, I know..
 
Old 12-17-2013, 11:29 PM
 
Location: Los Altos Hills, CA
36,659 posts, read 67,548,962 times
Reputation: 21244
Quote:
Originally Posted by Mr. Don Draper View Post
The United States does not have proportionally as many ultra high net worth people as Luxembourg, but the United States is clearly richer, more elite and the #1 home of the super rich. Ditto the comparison between New York vs San Francisco.

New York is the richer, more elite, and far more popular city. That's just the way it is. Life isn't fair, I know..
Yes and you can slice it, dice it smack it up, flip it and rub it down to yer heart's content, but NY has 20 million people and 8,000 are worth 30 million or more. Meanwhile SF has 7 million and nearly 5,000 such rich people.

Looks like NY is underwhelming.
 
Old 12-17-2013, 11:30 PM
 
Location: In the heights
37,157 posts, read 39,430,503 times
Reputation: 21252
Quote:
Originally Posted by 18Montclair View Post
Hoboken, an affluent, high density suburb packed with Manhattan professionals is what it takes to rival SF, which is an actual major city. Thank you for further making my case.
Hoboken is about the same proportional size to SF as SF is to NYC. It really is something most people simply don't know or don't understand. There is no contention within the US for top city.
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