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Yeah I think most Americans could (not talking about averages here). It's roughly the same money as 1 year at an university, or a year of car lease payments, or
by emteycz 5y ago
Yeah I think most Americans could (not talking about averages here). It's roughly the same money as 1 year at an university, or a year of car lease payments, or a nice family vacation. Maybe two, but no more.
Anyone who rides a new-ish motorbike demonstrably has enough money to spare. Are motorbikes that unusual? Are second cars unusual? I don't think so. (and don't even look at how much people spend on cigarettes)
It's likely people wouldn't recognize the value and would buy the car or sports equipment instead and I'm not saying most people have the money on top of these other unnecessary expenses - but people prioritizing second cars/motorbikes/etc instead of their genius children are outside the scope of this discussion because they could, they just don't.
- bradlys 5y agoDamn dude - you really are out of touch. You should really step outside your comfort zone and talk to more people! If you noticed anything about national trends - you'd know that motorcycles are basically dying and that things like sport cars are almost gone for good. MOST American families don't own an extra car. You're also ignoring the real estate costs that are associated with what this guy had. Man, seriously - reevaluate. Read about what people are struggling with these days. Parents aren't paying that tuition out of their pocket - the kids are paying it with student loans.
- emteycz 5y agoDamn dude - let's look at some data. This feat of ingenuity requires cca $25k - but distributed over 5 years. How many family households in the US could pay $5k/year? 3/4 of all US family households have income over $50k, more than 1/2 have income over $85k, more than 1/3 have income over $125k and more than 1/8 have income over $200k.[1] $85k is enough to be comfortable and have $5k for the genius child even if you live in the Bay Area. $50k is enough for this outside major cities. [1] https://www.census.gov/data/tables/time-series/demo/income-poverty/cps-hinc/hinc-01.html https://www.census.gov/data/tables/time-series/demo/income-p...