3 ms·
> Any middle class family can get raise 90k No. "The median Bay Area income rose 1.8 percent from 2011, tied for fourth-largest annual gains in the nation. Th
by pm24601 9y ago
> Any middle class family can get raise 90k
No.
"The median Bay Area income rose 1.8 percent from 2011, tied for fourth-largest annual gains in the nation. The region’s ranking was unchanged from last year’s survey. The Bay Area’s 2012 median income was 22 percent higher than California’s median income of $58,328."
[https://blog.pacificunion.com/bay-area-median-income-second-highest-in-us/ https://blog.pacificunion.com/bay-area-median-income-second-...]
The idea that raising 2 years of income is easy is a joke.
- bluGill 9y agoI didn't say it was easy. I said it is possible. You save your money carefully well in advance of this opportunity. You might take 2 years to raise 10k. Your extended family and some of your friends are doing the same. When this opportunity comes up they borrow the money to you (while wishing they had seen it first). Most families do not operate this way: few save that much, and not many have extended family saving that much. Even of those who do, many do not get along with their family well enough to risk borrowing large sums of money.