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Old 11-19-2020, 02:58 PM
 
Location: Houston/Austin, TX
9,858 posts, read 6,570,632 times
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Quote:
Originally Posted by BlueRedTide View Post
How does Phoenix have Billionaires lol
It’s a booming business hub. Why wouldn’t it?
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Old 11-19-2020, 03:35 PM
 
Location: PNW
676 posts, read 647,173 times
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Interestingly the Pearl River Delta (Hong Kong - Guangzhou - Shenzhen) has more billionaires (144 total) than NYC CSA (134). Is there another agglomeration or megacity that can be cobbled together to have a higher total?
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Old 11-19-2020, 03:52 PM
 
Location: Chicago, IL
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Chicago's low number doesn't surprise me. It's more a city of run of the mill white collar workers and millionaires than billionaires and higher
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Old 11-19-2020, 04:01 PM
 
1,374 posts, read 923,773 times
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Quote:
Originally Posted by svelten View Post
Interestingly the Pearl River Delta (Hong Kong - Guangzhou - Shenzhen) has more billionaires (144 total) than NYC CSA (134). Is there another agglomeration or megacity that can be cobbled together to have a higher total?
The distance from Guangzhou to Hong Kong is 110 miles (driving).

Philadelphia to NYC is under 100 miles (driving) and would have a total of 141.

Boston to NYC is around 200 miles (driving) and would have a total of 152.

San Francisco to LA is around 380 miles (driving) and would have a total of 157.

One large pool of Billionaires in the northeast and the other pool on the west coast.
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Old 11-19-2020, 04:02 PM
 
129 posts, read 111,120 times
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Quote:
Originally Posted by BlueRedTide View Post
How does Phoenix have Billionaires lol
?? .. why would it not? Surprised it doesn't have more. It's the 5th largest city in the country in a metro of 5 million. One of the fastest growing large cities in the nation.

Learn a little more about the cities and states that are located within the country you live in.
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Old 11-19-2020, 04:10 PM
 
Location: Atlanta
9,818 posts, read 7,921,318 times
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Quote:
Originally Posted by BlueRedTide View Post
How does Phoenix have Billionaires lol
Do you know anything about the place at all?
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Old 11-19-2020, 05:49 PM
 
Location: MN
3,971 posts, read 9,673,910 times
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Mark Davis
Jim Pohlad
Glen Taylor

3 Minneapolis Billionaires
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Old 11-19-2020, 08:35 PM
 
Location: Dallas, Texas
4,435 posts, read 6,297,332 times
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Another interesting measure is ultra-wealthy residents. The Dallas area ranks 10th in the World. NYC is #1
https://dallas.culturemap.com/news/c...-top-10-world/
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Old 11-20-2020, 07:36 AM
 
Location: New York City
9,378 posts, read 9,323,920 times
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Very cool stat, but can be misleading to the naked eye. Miami for example has among the highest poverty rate and lowest median incomes for large cities and metros, yet is also home to a segment of extreme wealth.

Since every measurement is different, what do people think is the best way to measure overall economic health / affluence in a major metro area? GDP per capita? Median income? Median household income? etc.
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Old 11-20-2020, 08:04 AM
 
Location: Miami (prev. NY, Atlanta, SF, OC and San Diego)
7,409 posts, read 6,540,013 times
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I think your limited reliance on median income to somehow paint Miami as Tijuana East or Bronx South (though it has its sections) underscores the fact (1) it has a much higher percentage of retirees earning less income now than when they were working, thus lowering median income for the area as a whole; (2) has a much higher reliance upon small business than salaried/reported wage corporate employment in which case income is underreported (not just waiters either); and (3) there is definitely poverty/poorer areas here, yet we don’t have anywhere close to the homeless levels of other cities on both coasts. Anyone denying the fact there is vast wealth—not limited—for the 100 miles or so of coastal (haves) Miami MSA stretching from South Miami/Pinecrest up through Miami and Miami Beach, while continuing up the coast through Bal Harbour, Sunny Isles, Ft Lauderdale, Delray Beach/Boca Raton to Palm Beach/Jupiter has not spent much time here and/or is out of touch. There’s more than 50, 500 or 1000 wealthy families living here


Quote:
Originally Posted by cpomp View Post
Very cool stat, but can be misleading to the naked eye. Miami for example has among the highest poverty rate and lowest median incomes for large cities and metros, yet is also home to a segment of extreme wealth.

Since every measurement is different, what do people think is the best way to measure overall economic health / affluence in a major metro area? GDP per capita? Median income? Median household income? etc.

Last edited by elchevere; 11-20-2020 at 09:12 AM..
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