Quote:
Originally Posted by NemesisX
Oh okay here we go, this source: http://www.epi.org/publication/incom...ity-in-the-us/ suggests that top 1 percent income in San Francisco is More like $894k. That's more consistent with the idea that $300k/year is top 12% in SF.
But again, it's extremely misinformed to think that one needs a top 12% income to afford a top 50% house. The numbers are just too far off.
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I don't wanna argue on the Internet but you obviously have no clue what you're talking about and you don't live there. I would encourage you to visit San Francisco and open up Zillow and take a look at the prices and ask yourself this question, how much does it cost me to buy a house that I feel safe in.