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Islam
Dec 30, 2005 9:48:30 GMT -8
Post by stratagosv on Dec 30, 2005 9:48:30 GMT -8
Sooooorrrrrrryyyyy for getting side tracked, you know as well as I do that this line of conversation isn't deserving of its own thread, and therefore only lives to highjack other more important threads.
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Islam
Dec 30, 2005 11:45:21 GMT -8
Post by Merceditas on Dec 30, 2005 11:45:21 GMT -8
 sorry 101 |
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Islam
Dec 30, 2005 20:49:01 GMT -8
Post by MARIO on Dec 30, 2005 20:49:01 GMT -8
Mario, I suppose in your neighborhood your are "in the middle" but nationwide, you are rich, not "upper middle class" but rich. Most people, don't live like you do. We don't live in million dollar houses (figure in a decade of rising house prices) most of us don't live in half a million dollar houses. If you live in a half a million dollar house, you're upper middle class. Look, again, this is NYC. Many houses in this area go for $700,000 easy. I speak for NY. You have to consider all factors, like the cost of living here, taxes, etc. I view myself as Middle-class. My father was a Union man. So, yes, I'm middle-class. End of story. |
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Islam
Dec 30, 2005 21:14:43 GMT -8
Post by stratagosv on Dec 30, 2005 21:14:43 GMT -8
No, your not middle class. Because middle class is AVERAGE, as in average nation wide, not regional.
Someone is Bel Aire has a 15 million dollar house, should he be considered "middle class" because the average house price in Bel Aire is about 15 million?
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Islam
Dec 30, 2005 21:22:27 GMT -8
Post by MARIO on Dec 30, 2005 21:22:27 GMT -8
No, your not middle class. Because middle class is AVERAGE, as in average nation wide, not regional. Someone is Bel Aire has a 15 million dollar house, should he be considered "middle class" because the average house price in Bel Aire is about 15 million? Look, because Will lives with Uncle Carl, does that makes him middle-class?  |
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Islam
Dec 30, 2005 21:36:43 GMT -8
Post by stratagosv on Dec 30, 2005 21:36:43 GMT -8
...that's a good show.
LOL Will was just a guest. Extended family connection to wealth doesn't make you rich. Direct family connection (like your parents) does. However you can break away from that after you move out and get your own job. Then your parents wealth doesn't account for you. :-)
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Islam
Dec 30, 2005 21:59:32 GMT -8
Post by MARIO on Dec 30, 2005 21:59:32 GMT -8
...that's a good show. LOL Will was just a guest. Extended family connection to wealth doesn't make you rich. Direct family connection (like your parents) does. However you can break away from that after you move out and get your own job. Then your parents wealth doesn't account for you. :-) First off, I do have a job. Secondly, my dad started out with nothing, worked hard, became a foreman for the Construction company that headed up the building of the Twin Towers, worked on Carnegie Hall for a number of years, then retired. He worked his ass off. He has every right to consider himself Middle-class. Though his politics make me sick. He voted for John Kerry.  Later. |
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Islam
Dec 30, 2005 22:05:06 GMT -8
Post by stratagosv on Dec 30, 2005 22:05:06 GMT -8
Oooh now I get you, you connect "upper class" with laziness, and by me calling you "upper class" you felt like you were being called "lazy."
Alright, your dad worked hard to be rich, and I'm sure you're not going to leech off them. But be glad you have a safety net.
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Islam
Dec 30, 2005 22:16:53 GMT -8
Post by MARIO on Dec 30, 2005 22:16:53 GMT -8
Oooh now I get you, you connect "upper class" with laziness, and by me calling you "upper class" you felt like you were being called "lazy." Alright, your dad worked hard to be rich, and I'm sure you're not going to leech off them. But be glad you have a safety net. Well, they way you were talking, you acted as if working hard and having something to show for it was bad. You mean Social security isn't my safety net?  Later. |
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Islam
Dec 30, 2005 22:23:15 GMT -8
Post by stratagosv on Dec 30, 2005 22:23:15 GMT -8
I'd take a million dollar house in NY over SS any day ;-)
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Islam
Dec 31, 2005 10:22:04 GMT -8
Post by MARIO on Dec 31, 2005 10:22:04 GMT -8
I'd take a million dollar house in NY over SS any day ;-) lol |
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Islam
Jan 1, 2006 23:40:39 GMT -8
Post by oneifbyland on Jan 1, 2006 23:40:39 GMT -8
Strat - comparing 1 $15 M home on the CA coast with the normal home here that has appreciated to $500-$1M is spurious. Most peole here could not buy they house they first bought or grew up in.
People in McMansions on the West Coast paid millions for them to start with. A person in NY may be "wealthy" on paper, but may still have the same problems paying for a car, utilities, etc as somwone in Memphis. The only way the NY person will realize that appreciation is by owning the home or having a lot of equity, selling, and then moving to a less expensive place, which is, BTW, exactly hwat we're going to do within the next year or 2 at the latest.
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Islam
Jan 1, 2006 23:45:01 GMT -8
Post by stratagosv on Jan 1, 2006 23:45:01 GMT -8
LOL oneif, you miss the point entirely
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Islam
Jan 1, 2006 23:49:22 GMT -8
Post by MARIO on Jan 1, 2006 23:49:22 GMT -8
Strat - comparing 1 $15 M home on the CA coast with the normal home here that has appreciated to $500-$1M is spurious. Most peole here could not buy they house they first bought or grew up in. People in McMansions on the West Coast paid millions for them to start with. A person in NY may be "wealthy" on paper, but may still have the same problems paying for a car, utilities, etc as somwone in Memphis. The only way the NY person will realize that appreciation is by owning the home or having a lot of equity, selling, and then moving to a less expensive place, which is, BTW, exactly hwat we're going to do within the next year or 2 at the latest. Thank you, One!!! Hey, you have any ideas where you want to move? |
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Islam
Jan 1, 2006 23:49:32 GMT -8
Post by oneifbyland on Jan 1, 2006 23:49:32 GMT -8
Start - How is THAT!
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