Congrats Miami, you're the most miserable city in America! (Coral Gables: insurance, home)

[Coconut1]

Originally Posted by straight shooter

In Miami a lot people drive luxury cars, even the girl working at McDonalds. You can't judge anybody here by the cars they drive unless its an Aston Martin or Ferrari. I know of a lot of rich people that drive average or older cars and a lot of poor and low middle class people that drive new BMW's, Mercedes, and Lexus's. Houses of course are a different story.

That's why there's more than one thing listed for each category

And of course that's not set in stone. Somebody could be filthy rich and live in a shack and another could be on the brink of bankruptcy and live in a million dollar mansion.

It's just general observations of the majority.

[loras1]

These are not true classifications at all.I have a BS in Chemical Engineering,a Masters in Chemical Engineering /Computer Science am making $20.00 han hour,do not own my own home and live paycheck to paycheck.Alot of my fellow coworkers and friends are in the same boat.

[Coconut1]

Originally Posted by loras1

These are not true classifications at all.I have a BS in Chemical Engineering,a Masters in Chemical Engineering /Computer Science am making $20.00 han hour,do not own my own home and live paycheck to paycheck.Alot of my fellow coworkers and friends are in the same boat.

Well then you would be an exception.

What company are you working for in which you get such low pay considering your qualifications?

[NCtoMiami]

Quote:
Originally Posted by straight shooter
In Miami a lot people drive luxury cars, even the girl working at McDonalds. You can't judge anybody here by the cars they drive unless its an Aston Martin or Ferrari. I know of a lot of rich people that drive average or older cars and a lot of poor and low middle class people that drive new BMW's, Mercedes, and Lexus's. Houses of course are a different story.

Originally Posted by Coconut1

That's why there's more than one thing listed for each category

And of course that's not set in stone. Somebody could be filthy rich and live in a shack and another could be on the brink of bankruptcy and live in a million dollar mansion.

It's just general observations of the majority.

That does not happen only in Miami, in NC people living at the projects with their parents driving expensive cars...crazy drive expensive car and you don't even own a home.

[loras1]

No actually I am not the exception down here.Most of the people I work with are in the same boat and some are making less,maybe $15.00 bucks an hour.I just met an engineer who was only being offered $24.00 an hour and was having to leave the area.I work for pharma.I am telling you,in my field I am the norm.

[loras1]

The bottom line it is extremely hard expecially in my field to get a decent paying job down here.The companies dont want to pay unless you arepossibly in healthcare

[Thomas Jefferson]

Originally Posted by Coconut1

That's not true at all.

Middle class in Miami is really no different than many other places across the nation... unless of course you consider a $250 or $300K home to be "wealthy" or "poor."

IMO I define poor as a non-home owner, lives pay check to pay check, no health insurance, little education.

Lower middle class: May own a very modest home which cost between $0 and $150K, may or may not have health insurance, has little savings and could not weather a big storm (figuratively) has some education, maybe an associates.

Middle class: owns a modest home, cost between $150 and $350K, has health insurance, some savings, probably holds a bachelors degree

Upper middle class: owns a fairly upgrade home which cost between $350 and $750K, has a larger amount in savings, without a doubt has health insurance and holds a bachelors degree to a masters degree

Wealthy: owns a very nice home, costs between $750K and $1.5M, has health insurance, drives a luxury auto, probably has an advanced degree, many assets

Very wealthy: owns multiple homes, primary residence is at least $1.5M but most likely over $2M, health insurance, primary and secondary cars, many diversified assets

Somehow you have a point but your logic that more education implies higher social-economics status fails miserably here in Miami. So far, I have yet to know a recent graduate, BS or MS, from 2000 and up, that has decent money. The logic that more edudcation is better is starting to show its cracks after the market has been inunddated with thousands of BS and MS. Pure supply and demand. Many of my friends, Engineers, are making less than 20 hr/$ if one takes into considedration the amount of hours they are putting in. Baff, I know crane operators, electrician, and plumbers making way mre money than Engineers. If we put into equation other major then is even more messed up. The only exception are doctors. Because lawyers, oh well, they are dime in a dozen here in Miami,and making peanuts, 35K~55K. But shhhh, dont tell Law Schools othewise

[Coconut1]

Originally Posted by Thomas Jefferson

Somehow you have a point but your logic that more education implies higher social-economics status fails miserably here in Miami. So far, I have yet to know a recent graduate, BS or MS, from 2000 and up, that has decent money. The logic that more edudcation is better is starting to show its cracks after the market has been inunddated with thousands of BS and MS. Pure supply and demand. Many of my friends, Engineers, are making less than 20 hr/$ if one takes into considedration the amount of hours they are putting in. Baff, I know crane operators, electrician, and plumbers making way mre money than Engineers. If we put into equation other major then is even more messed up. The only exception are doctors. Because lawyers, oh well, they are dime in a dozen here in Miami,and making peanuts, 35K~55K. But shhhh, dont tell Law Schools othewise

Jobs I see advertised asking for masters qualifications and up are starting in the $60's and go up from there.

You cannot equate hours worked to an hourly rate. They dynamics of exempt jobs are just too great to do that.

As for education, rarely does more hurt.

[loras1]

What fields are you seeing these jobs advertised?Healthcare,maybe,but Science or Engineering ,no way,not in Florida because I have looked everywhere for years.I have a friend who has a Masters in a scientific field who is selling insurance,cannot get a job in her field down here.You may see one job opening every six to twelve monthes and twenty candidates.In Texas I was offered a job making 85K in an area with a lower cost of living

[boxus]

Originally Posted by loras1

The bottom line it is extremely hard expecially in my field to get a decent paying job down here.The companies dont want to pay unless you arepossibly in healthcare

You realize not every place in the world is going to have a perfectly diverse economy to employee a perfect diverse set of skills? How is it Miami's fault that there happens to not be a need for your skill set? Houston may have a need for your skill set, but then there will be other people with other skill sets complaining there are no jobs for them there.

When people have a skill set, they tend to use a little common sense and look for work in areas that need the skill set. I work in the financial sector, that is why I am working and living in Brickell. It is either that, or sit and complain all day living in some other city that does not have the need for my skill set, and complain that the city does not have international investment banks for me to work in.

How about this; why do you not go and search for jobs? If you know Texas will hire you, then why are you not there instead of here complaining about it?