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Someone who can afford a McMansion is definitely rich, even by American standards. As I posted elsewhere: http://www.pewresearch.org/fact-tank/2015/07/16/are-y
by hexane360 10y ago
Someone who can afford a McMansion is definitely rich, even by American standards.
As I posted elsewhere: http://www.pewresearch.org/fact-tank/2015/07/16/are-you-in-the-global-middle-class-find-out-with-our-income-calculator/ http://www.pewresearch.org/fact-tank/2015/07/16/are-you-in-t...
$80,000 USD / 4 people in America is the lower bound of high income.
- ska 10y agoYou are comparing apples and oranges. That pew study is income relative to worldwide range, which is fairly pointless in this context. Nobody is talking about upper/middle class boundaries in these terms, and McMansions are largely a US (North American?) phenomena. Any family in the US with a very low six figure household income (or even a very high five figure) can choose to finance a McMansion. They are not rich by US standards.