3 ms·

I agree the article was attempting to take down that family, but even on that count I wasn't convinced. So they have a home in Massachusetts? That hardly makes

I agree the article was attempting to take down that family, but even on that count I wasn't convinced. So they have a home in Massachusetts? That hardly makes them "rich". Nor is being able to hire a painting company the exclusive province of the wealthy. Perhaps pursuing FIRE is something only available to the upper middle class. That's an interesting argument, but not one put forward in the article. Furthermore, I think it's bordering on class warfare to set the upper and lower middle classes against each other. It reeks of divide and conquer, and who benefits? The people pushing over expensive lifestyles funded with debt.

mcguire 9y ago
Minor correction: They have a second house in Massachusetts, 1/2 a mile from MIT and 1 mile from Harvard, which they paid $460,000 for in 2012 (https://www.frugalwoods.com/2014/05/08/why-did-we-buy-our-house/ https://www.frugalwoods.com/2014/05/08/why-did-we-buy-our-ho...) and now rent (http://www.frugalwoods.com/2017/02/24/how-we-turned-our-city-home-into-a-rental-property/ http://www.frugalwoods.com/2017/02/24/how-we-turned-our-city...). (Whoa, their property manager is cheap.)
- cko 9y ago
  Less than 3% of gross for a single unit? That is a rate you’d expect for a 200 unit apartment complex.