Interesting article about what it means to be middle class in America. It examines why people that make $200,000 a year feel like they are middle class and sometimes even stretched too thin in places like San Francisco. I bet it's the fact that the median home price is $849,000, and the median homes are located in crappy neighborhoods where bullet proof vests are needed. The minimum price of admission for a home in a nice mid-level neighborhood, not in Pacific Heights or Russian Hill or other high-end neighborhood, is around $1.6 million. That's why most San Franciscans feel like poor bastards. If you don't believe, me search the local MLS listings yourself.
Poor Bastards
By Fabian on October 17, 2007 9:44 AM
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| San Francisco
| Tag(s): economy, real estate, u.s.
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