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top 1% income can't afford a shitbox in a major metropolitan area anymore

Top 1% income for ages 37-41: $260,000 https://www.wallst...
arousing slimy meetinghouse
  06/26/22
define "Major Metro" out the cities. and how c...
drab awkward shitlib sandwich
  06/28/22
totally sustainable
galvanic carnelian temple
  06/26/22
by 2030 you will own nothing and you will be happy
arousing slimy meetinghouse
  06/26/22
eat the bugs !!!
galvanic carnelian temple
  06/26/22
Top 1% is like 3,500,000 people. If each of those people own...
smoky travel guidebook background story
  06/26/22
top 1% NW for 35-39 is $4 million. but that's not income.
arousing slimy meetinghouse
  06/26/22
$4m is a lot. Surprised that that is the top 1% at that leve...
smoky travel guidebook background story
  06/26/22
seems like its mostly inheritance
arousing slimy meetinghouse
  06/26/22
Link? Seems high
Thriller space wagecucks
  06/28/22
The numbers for net worth are much higher than the numbers f...
Pearly Senate Newt
  06/29/22
it's probably worse in Seoul or Tokyo or fucking Toronto for...
pontificating church building
  06/26/22
100 year mortgages
arousing slimy meetinghouse
  06/26/22
Before the depression they there 5 year term that got refina...
galvanic carnelian temple
  06/28/22
I read an article that compared housing to income. Hong Kong...
Cruel-hearted Vengeful Sanctuary
  06/28/22
http://www.demographia.com/dhi.pdf Page 20. Least afforda...
Cruel-hearted Vengeful Sanctuary
  06/28/22
...
arousing slimy meetinghouse
  06/28/22
...
arousing slimy meetinghouse
  06/28/22
do these #'s seem too low to anyone else? Top 1% income f...
Razzle home
  06/28/22
No
arousing slimy meetinghouse
  06/28/22
If that’s HHI, too low.
internet-worthy startling idea he suggested
  06/28/22
i think they're single, but still seems low
Razzle home
  06/28/22
yes, especially the last two.
drab awkward shitlib sandwich
  06/28/22
If you go through a few links to the underlying data, this i...
Poppy masturbator antidepressant drug
  06/28/22
What’s a major metro? That income is more than enough ...
impertinent dopamine fanboi
  06/28/22
...
red university tattoo
  06/28/22
...
Razzle home
  06/28/22
The average price of a new home in the US is now over 10 tim...
Thriller space wagecucks
  06/28/22
its being purposely done so that everyone defaults when they...
Wild Locale Dragon
  06/28/22
...
arousing slimy meetinghouse
  06/28/22
1. That’s 94th percentile because you have to look at ...
Carmine stain double fault
  06/28/22
...
arousing slimy meetinghouse
  06/28/22
Real Estate is mostly expensive because of nigs. People spen...
Bright Laser Beams Telephone
  06/29/22
...
red university tattoo
  06/28/22
...
arousing slimy meetinghouse
  06/28/22
...
arousing slimy meetinghouse
  06/29/22
...
arousing slimy meetinghouse
  07/25/22
...
arousing slimy meetinghouse
  09/14/22


Poast new message in this thread



Reply Favorite

Date: June 26th, 2022 8:02 PM
Author: arousing slimy meetinghouse

Top 1% income for ages 37-41: $260,000

https://www.wallstreetsurvivor.com/the-top-1-at-every-age/

the rule of thumb is you shouldn't buy a house for more than 4x or 5x your gross income

so lets say 1.25 million

a shitbox in a major metropolitan area is 1.5-2 million today minimum

therefore you need to be SIGNIFICANTLY HIGHER THAN TOP 1% INCOME NATIONWIDE TO AFFORD A MAJOR METRO SHITBOX TODAY

thanks jews.

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44749780)



Reply Favorite

Date: June 28th, 2022 5:16 PM
Author: drab awkward shitlib sandwich

define "Major Metro"

out the cities. and how close to the city if suburbs?

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44761198)



Reply Favorite

Date: June 26th, 2022 8:03 PM
Author: galvanic carnelian temple

totally sustainable

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44749785)



Reply Favorite

Date: June 26th, 2022 8:03 PM
Author: arousing slimy meetinghouse

by 2030 you will own nothing and you will be happy

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44749788)



Reply Favorite

Date: June 26th, 2022 8:07 PM
Author: galvanic carnelian temple

eat the bugs !!!

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44749824)



Reply Favorite

Date: June 26th, 2022 8:06 PM
Author: smoky travel guidebook background story

Top 1% is like 3,500,000 people. If each of those people owns, on average, 50 housing units (or "doors"), then that's like all of the housing units in the Country. There's not enough to go around bro.

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44749812)



Reply Favorite

Date: June 26th, 2022 8:07 PM
Author: arousing slimy meetinghouse

top 1% NW for 35-39 is $4 million. but that's not income.

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44749826)



Reply Favorite

Date: June 26th, 2022 8:10 PM
Author: smoky travel guidebook background story

$4m is a lot. Surprised that that is the top 1% at that level.

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44749845)



Reply Favorite

Date: June 26th, 2022 8:10 PM
Author: arousing slimy meetinghouse

seems like its mostly inheritance

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44749850)



Reply Favorite

Date: June 28th, 2022 7:08 PM
Author: Thriller space wagecucks

Link? Seems high

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44761941)



Reply Favorite

Date: June 29th, 2022 12:44 PM
Author: Pearly Senate Newt

The numbers for net worth are much higher than the numbers for income, particularly as people age.

You can probably find the data on https://usafacts.org/

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44765991)



Reply Favorite

Date: June 26th, 2022 8:37 PM
Author: pontificating church building

it's probably worse in Seoul or Tokyo or fucking Toronto for all I know

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44750017)



Reply Favorite

Date: June 26th, 2022 8:47 PM
Author: arousing slimy meetinghouse

100 year mortgages

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44750079)



Reply Favorite

Date: June 28th, 2022 4:33 PM
Author: galvanic carnelian temple

Before the depression they there 5 year term that got refinanced.

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44760815)



Reply Favorite

Date: June 28th, 2022 4:28 PM
Author: Cruel-hearted Vengeful Sanctuary

I read an article that compared housing to income. Hong Kong was the the least affordable city in the world, Vancouver 2nd, Toronto in the top 10.

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44760776)



Reply Favorite

Date: June 28th, 2022 4:32 PM
Author: Cruel-hearted Vengeful Sanctuary

http://www.demographia.com/dhi.pdf

Page 20. Least affordable cities in Australia, Canada, China, Ireland, New Zealand, Singapore, the United Kingdom and the United States:

HK

Sydney

Vancouver

San Jose

Melbourne

Honolulu

San Fran

Auckland

Los Angeles

Toronto

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44760807)



Reply Favorite

Date: June 28th, 2022 4:26 PM
Author: arousing slimy meetinghouse



(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44760764)



Reply Favorite

Date: June 28th, 2022 4:47 PM
Author: arousing slimy meetinghouse



(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44760930)



Reply Favorite

Date: June 28th, 2022 4:54 PM
Author: Razzle home

do these #'s seem too low to anyone else?

Top 1% income for ages 27-31: $170,000

Top 1% income for ages 32-36: $210,000

Top 1% income for ages 37-41: $260,000

Top 1% income for ages 42-46: $320,000

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44760980)



Reply Favorite

Date: June 28th, 2022 5:14 PM
Author: arousing slimy meetinghouse

No

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44761172)



Reply Favorite

Date: June 28th, 2022 5:15 PM
Author: internet-worthy startling idea he suggested

If that’s HHI, too low.

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44761192)



Reply Favorite

Date: June 28th, 2022 6:37 PM
Author: Razzle home

i think they're single, but still seems low

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44761729)



Reply Favorite

Date: June 28th, 2022 5:17 PM
Author: drab awkward shitlib sandwich

yes, especially the last two.

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44761205)



Reply Favorite

Date: June 28th, 2022 7:28 PM
Author: Poppy masturbator antidepressant drug

If you go through a few links to the underlying data, this is 99th percentile w2 income for 2012. So it’s just individuals, is missing 10 years of inflation, and ignores business ownership.

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44762054)



Reply Favorite

Date: June 28th, 2022 5:26 PM
Author: impertinent dopamine fanboi

What’s a major metro? That income is more than enough to buy in Chicago, Houston, Atlanta, Dallas, New Orleans, Nashville, etc.

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44761277)



Reply Favorite

Date: June 28th, 2022 7:41 PM
Author: red university tattoo



(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44762132)



Reply Favorite

Date: June 28th, 2022 10:09 PM
Author: Razzle home



(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44763030)



Reply Favorite

Date: June 28th, 2022 7:30 PM
Author: Thriller space wagecucks

The average price of a new home in the US is now over 10 times higher than per capita disposable income. The highest ever: https://www.reddit.com/r/REBubble/comments/vmrxi6/the_average_price_of_a_new_home_in_the_us_is_now

Totally normal, sustainable.

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44762079)



Reply Favorite

Date: June 28th, 2022 7:32 PM
Author: Wild Locale Dragon

its being purposely done so that everyone defaults when they lose their WORK FORM HOMO job and then big boys can buy them all cash and then you eat bugs SOYIM

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44762088)



Reply Favorite

Date: June 28th, 2022 7:33 PM
Author: arousing slimy meetinghouse



(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44762096)



Reply Favorite

Date: June 28th, 2022 7:35 PM
Author: Carmine stain double fault

1. That’s 94th percentile because you have to look at household income and top 1% household income is 504k.

2. The US dollar is insanely overvalued and in PPP terms the US has long been turning into a middle income country. Most nations rents and mortgages run 20% of household income. In the US it’s been north of 50% for a long time. When you adjust for PPP we are basically more fucked than Italy now.

3. It will only get worse.

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44762108)



Reply Favorite

Date: June 28th, 2022 7:39 PM
Author: arousing slimy meetinghouse



(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44762125)



Reply Favorite

Date: June 29th, 2022 12:56 PM
Author: Bright Laser Beams Telephone

Real Estate is mostly expensive because of nigs. People spend money to avoid nigs, and block creation of affordable housing because they know nigs will move in

(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44766043)



Reply Favorite

Date: June 28th, 2022 7:36 PM
Author: red university tattoo



(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44762111)



Reply Favorite

Date: June 28th, 2022 11:45 PM
Author: arousing slimy meetinghouse



(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44763563)



Reply Favorite

Date: June 29th, 2022 12:37 PM
Author: arousing slimy meetinghouse



(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44765953)



Reply Favorite

Date: July 25th, 2022 10:36 PM
Author: arousing slimy meetinghouse



(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#44914149)



Reply Favorite

Date: September 14th, 2022 12:29 AM
Author: arousing slimy meetinghouse



(http://www.autoadmit.com/thread.php?thread_id=5140272&forum_id=2#45167891)