3 ms·
100K EUR is a high income relative to the median but not compared to the actual upper class. It might get you a mortgage on a 500K EUR home. Maybe. Now consid
by esotericn 7y ago
100K EUR is a high income relative to the median but not compared to the actual upper class.
It might get you a mortgage on a 500K EUR home. Maybe.
Now consider everything above that, farmland, companies, warehouses, etc. Not some theoretical tiny portion, but actually a load of stuff above that.
Leaving aside any form of apologism if you define 100K as upper class you now have no term to describe those that are actually rich.
- ceejayoz 7y ago> if you define 100K as upper class you now have no term to describe those that are actually rich We've got plenty (you even used one, "rich"). "One percenters", "millionaires", "wealthy", "upper upper class", etc.
- yulaow 7y agoI don't know if it is a cultural difference, but here in euw, in my country in particular, we usually use a similar definition for upper class and we call the class of the actually rich just like it, "the rich".