4 ms·
My guess is that you don't live in SF. ONE-bedroom apartments are renting for $2500 and up. (Multiply that by 12.) Very average places, not luxury apartments. A
by auctiontheory 13y ago
My guess is that you don't live in SF. ONE-bedroom apartments are renting for $2500 and up. (Multiply that by 12.) Very average places, not luxury apartments. And that rent may not include a $200-300 parking spot.
My definition of "middle-class" includes being able to buy a house and have two kids. You'd have a hard time doing that in SF on 58K, even given your assumptions about a spouse and summer cash.
http://www.zillow.com/local-info/CA-San-Francisco-home-value/r_20330/ http://www.zillow.com/local-info/CA-San-Francisco-home-value...
And in the end, society loses.
- harryh 13y agoMy definition of middle class is those people making around the median (or middle) wage. Yours is interesting too though!
- prostoalex 13y agoMost middle-class people who work in San Francisco don't live in San Francisco.
- rayiner 13y ago> My definition of "middle-class" includes being able to buy a house and have two kids. Any definition of "middle class" that excludes median-income households is non-sensible. Living in San Francisco is a luxury. Middle class people do not buy a house and have two kids in San Francisco. They commute from Oakland or some place with cheaper housing.
- wisty 13y agoSo it sucks to be middle class in SF.
- tptacek 13y agoThis reminds me of those articles right after the 2008 crash, where some NY-Fi worker accustomed to 500k bonuses would explain how they were suffering --- at 300k/yr --- every bit as much as an underemployed Youngstown former- auto worker, if you just took into account how expensive private pre-school, nannies, housekeepers, and a decent Manhattan apartment are. Those NY-Fi people also saw themselves as solidly middle class.
- clarky07 13y agoYou're definition of middle class isn't what middle class actually is. It actually is some range around the median income. I'm a software developer, and I have neither the ability or desire to spend 2500 a month on a one bedroom apartment. You are pointing out issues with San Francisco. They have nothing to do with teachers.