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If the Bay Area is so wealthy how come we don’t see many 50 foot yachts!!!
Our daughter lives in WI, and her hubby, just bought a yacht (over 50 feet) for some coastal voyages. Scattered everywhere, in small cities, even, are people worth 8 figures. Not as uncommon as one would think.
I actually have a serious question here. Are the homeless in SF, for instance, counted in the census? Well, of course they are. Is their lack of income not factored in, when assessing how wealthy an area is?? Because walking through SF (for example), one certainly could get an entirely different impression of wealth.
I actually have a serious question here. Are the homeless in SF, for instance, counted in the census? Well, of course they are. Is their lack of income not factored in, when assessing how wealthy an area is?? Because walking through SF (for example), one certainly could get an entirely different impression of wealth.
So typically anywhere you have extreme wealth and a large pool of wealthy people you will also have poverty and homelessness… unfortunately or at least that’s what the data shows. People always rag on SF and compare it to [insert random city in the midwest] but those cities also don’t have the level of wealth and capital that SF has.
So typically anywhere you have extreme wealth and a large pool of wealthy people you will also have poverty and homelessness… unfortunately or at least that’s what the data shows. People always rag on SF and compare it to [insert random city in the midwest] but those cities also don’t have the level of wealth and capital that SF has.
SF, city proper? Anyway, it's something I can't get past. I read a lot of news, and businesses are pulling out of SF...I don't predict the best for that city, unless things get better under control. Following on the heels of SF, is Portland.
I actually have a serious question here. Are the homeless in SF, for instance, counted in the census? Well, of course they are. Is their lack of income not factored in, when assessing how wealthy an area is?? Because walking through SF (for example), one certainly could get an entirely different impression of wealth.
This is part of why "per-capita income/wealth" being used as the metric to make people feel like their city is just oh so wealthy and superior is....severely flawed and honestly quite silly.
Taking the extreme wealth of a few and "dividing it up on" (on paper) on a "per capita" basis to suggest a higher standard of living across the board for citizens of said city/area....doesn't reflect reality. At all.
It's funny how the fact that the suburbs of DC; with yes a very high proportion of what most would consider "upper middle class" high-income earning is somehow viewed in the C-D "look at me" lens as "inferior"... to other areas with significantly higher GINI coefficients "cuz we got 100 billionaires"
This is part of why "per-capita income/wealth" being used as the metric to make people feel like their city is just oh so wealthy and superior is....severely flawed and honestly quite silly.
Taking the extreme wealth of a few and "dividing it up on" (on paper) on a "per capita" basis to suggest a higher standard of living across the board for citizens of said city/area....doesn't reflect reality. At all.
It's funny how the fact that the suburbs of DC; with yes a very high proportion of what most would consider "upper middle class" high-income earning is somehow viewed in the C-D "look at me" lens as "inferior"... to other areas with significantly higher GINI coefficients "cuz we got 100 billionaires"
Should we use total gross income? Gdp? No matter how you slice it the Bay Area will look good. Now if we want to flip the conversation to COL, then yes the south and Midwest will crush the coasta
Should we use total gross income? Gdp? No matter how you slice it the Bay Area will look good. Now if we want to flip the conversation to COL, then yes the south and Midwest will crush the coasta
Meh it doesn't have to be this "all or nothing" mindset so often displayed here.
The chest-thumping goes both ways.
"I can buy a 5000 sq ft house with a 10 car garage and 7 bathrooms in ABC town with little to no career opportunities for what you pay in rent for a tiny apartment in XYZ big city.... you sucker!"
vs
"Well there are 10 billionaires in my zipcode and even though I have to share a studio apartment with 3 other people to afford rent; I can still walk to a restaurant with caviar aioli on the menu ...you peasant!"
Orange County is the wealthiest county in NC. Sounds about right, and I guess the overflow into Chatham must be propping it up which is both impressive and strange.
Meh it doesn't have to be this "all or nothing" mindset so often displayed here.
The chest-thumping goes both ways.
"I can buy a 5000 sq ft house with a 10 car garage and 7 bathrooms in ABC town with little to no career opportunities for what you pay in rent for a tiny apartment in XYZ big city.... you sucker!"
vs
"Well there are 10 billionaires in my zipcode and even though I have to share a studio apartment with 3 other people to afford rent; I can still walk to a restaurant with caviar aioli on the menu ...you peasant!"
Everyone needs to chill.
My advice is everyone be happy where they are. Don’t worry about what someone 3k miles from you is driving or living in
SF, city proper? Anyway, it's something I can't get past. I read a lot of news, and businesses are pulling out of SF...I don't predict the best for that city, unless things get better under control. Following on the heels of SF, is Portland.
Uh... I know some parts of the media like to compare SF to Portland but they're not as similar as people like to make it seem. SF is home to some of the most powerful and prolific companies in the world. There are definitely issues but with all of the capital there, it'll be fine.
Quote:
Originally Posted by Gaylord_Focker
My advice is everyone be happy where they are. Don’t worry about what someone 3k miles from you is driving or living in
This is true.
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