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Lets not forget that these people would be middle class anywhere else.
by nsnick 12y ago
Lets not forget that these people would be middle class anywhere else.
- deleted 12y ago[deleted]
- dragonwriter 12y ago> Lets not forget that these people would be middle class anywhere else. If they could magically keep their Bay Area income while being anywhere else, they might be. But since they can't actually do that, I'm not sure what relevance that has.
- reneherse 12y agoThis assumes all levels of income are inflated equally, which they are not.
- dragonwriter 12y agoNo, it doesn't. It just assumes that people can't magically take their income with them when they leave. Even if the 10th percentile income is the same as in the Bay Area in some place where the average income and cost of living is lower than the Bay Area, that doesn't mean that someone in the 10th percentile in the Bay Area can move to that location and keep their income (or any income at all.)