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Old 01-23-2022, 07:45 AM
 
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The more research I do on the DMV, the more I see it as one of the healthier MSAs in the country. I don't know how Amazon will change things. Wages to cost of housing isn't too bad. Poverty rates are low. Tons of stuff to do. Educated population. Excellent health care. Good transit.
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Old 01-23-2022, 08:06 AM
 
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Originally Posted by mjtinmemphis View Post
The more research I do on the DMV, the more I see it as one of the healthier MSAs in the country. I don't know how Amazon will change things. Wages to cost of housing isn't too bad. Poverty rates are low. Tons of stuff to do. Educated population. Excellent health care. Good transit.
Easy to do when everyone in the country gives you a quarter of their income.

This is not a criticism if the US Government paid its administrators at a level not comparable to similar levels in the Private sector that would be bad because nobody with any ability would work in Government. But it’s a massive advantage.

But somehow despite immense weath the DC metro is quitter crime ridden.
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Old 01-23-2022, 09:54 AM
 
Location: Boston Metrowest (via the Philly area)
7,269 posts, read 10,588,790 times
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Originally Posted by btownboss4 View Post
Easy to do when everyone in the country gives you a quarter of their income.

This is not a criticism if the US Government paid its administrators at a level not comparable to similar levels in the Private sector that would be bad because nobody with any ability would work in Government. But it’s a massive advantage.

But somehow despite immense weath the DC metro is quitter crime ridden.
Yeah, I thought it was common knowledge that DC has long been the leading metro in the country for wealth, educational attainment and health outcomes. It really shouldn't come as any surprise.

But you're correct that it has much more violent crime than would be expected for such good metrics in other ways.
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Old 01-23-2022, 09:57 AM
 
Location: Houston/Austin, TX
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Originally Posted by DevanXL View Post
Yep, Miami has alot of problems but like most tourist oriented economies, they try their best to pretend that problem isn’t there.
Haha. New Orleans is a tourist oriented economy but they suck at hiding theirs lol
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Old 01-23-2022, 11:01 AM
 
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Originally Posted by btownboss4 View Post
Easy to do when everyone in the country gives you a quarter of their income.
A quarter of our income? How is that? I am a pretty good business man and have been for quite a while. Something is way off!
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Old 01-23-2022, 11:16 AM
 
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Originally Posted by mjtinmemphis View Post
A quarter of our income? How is that? I am a pretty good business man and have been for quite a while. Something is way off!
Tax-to-GDP ratio is around 25% I believe, though that’s not all federal taxes.
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Old 01-23-2022, 11:18 AM
 
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Originally Posted by mjtinmemphis View Post
A quarter of our income? How is that? I am a pretty good business man and have been for quite a while. Something is way off!
On $50,000 you pay ~14% on Income Tax. Plus 12.4% on Payroll+SSI tax.

Overall GDP the US Federal Government collects about ~20% of GDP in taxes, and states about 5%.

Of course there are tax credits and stuff but generally the Feds would take ~25% of a full time workers income. Then gives some back via tax credits/deductions like mortgage interest deduction, child deductions, SALT deductions, green energy credits etc.

Plus Capital Gains is lower because apparently that’s not income
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Old 01-23-2022, 11:41 AM
 
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Originally Posted by Heel82 View Post
Tax-to-GDP ratio is around 25% I believe, though that’s not all federal taxes.
I've got it.
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Old 01-23-2022, 03:19 PM
 
Location: Springfield, Ohio
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I would think the metros with the higher poverty rates would also be the most affordable, since poor people (outside of the homeless, residential hotels and project-dwellers) barely exist in the most gentrified cities.
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Old 01-23-2022, 03:23 PM
 
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Originally Posted by Natural510 View Post
I would think the metros with the higher poverty rates would also be the most affordable, since poor people (outside of the homeless, residential hotels and project-dwellers) barely exist in the most gentrified cities.
27% of Bostonians live in public or public ally subsidized housing

So that’s not true
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