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View Diary: Taxpayers footing bill for millionaires' kids (143 comments)

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  •  Yes that is rather the point (1+ / 0-)
    Recommended by:
    highacidity

    Santa Clara is more expensive. To live a middle class lifestyle in Santa Clara, you need about twice as much to do it than if you live in Nevada City.

    •  That was your point. (0+ / 0-)

      But it doesn't become a middle class lifestyle because it matches the neighbors.

      And again, these households earn $41,000 more than the median person IN THEIR OWN CITY.

      •  Uhm, I think you've mixed up various data (0+ / 0-)

        Be that as it may, I've already mentioned that there are some true 1 percenters that maintain homes in Los Altos hills. And that there are many upper middle classers as well.

        Most are not.  

        Most are solidly middle class.

        •  I don't think I have. (0+ / 0-)

          The median household income of the city of Los Altos is $158,745.  So if the people in this area have an average household income of $200,000, they are earning $41,255 more than that.

          Median family income is $185,848.  Which means they're earning $14,152 more than the median family.  I chose to use household income, but had I chosen family income, $14,152 is nothing to sneeze at.

          I am not going to ever agree with you that $200,000 a year is "solidly middle class".  (Well, maybe in a few decades when inflation gets there.)  The median household income in this country is under $50,000/year, which means that a "solidly middle class" (even accepting your definition which appears to involve "solid" skewing above the median) person could not afford the median house price in Los Altos.  

          If you made $50,000 or $70,000 a year household income (what I'd accept as "solidly middle class" if solid = above the norm), you'd have a hard time living in this town.

          That means that a solidly middle class person would have to a) find a house well below that median, b) rent, c) live outside the city, even if they worked there.

          Yes, being "middle class" even "solidly middle class" DOES mean that there are places you cannot afford to live.  

          •  Ok, I did mix up numbers. (1+ / 0-)
            Recommended by:
            Plubius

            It still doesn't mean they're middle class.

            •  Middle Class Definition Never Meant Most People (1+ / 0-)
              Recommended by:
              erush1345

              anywhere on earth except during the peak 2 decades of The Great New Deal Anomaly.

              It's the middle group between the rich and the working class.

              Small biz owners like Ebeneezer Scrooge, professionals, guv functionaries, professors and such.

              Through all of human history the middle class has been tiny, never 10x bigger than the rich, never 10% the size of the working and poor classes.

              We're about halfway back to that historic norm.

              We are called to speak for the weak, for the voiceless, for victims of our nation and for those it calls enemy.... --ML King "Beyond Vietnam"

              by Gooserock on Thu Nov 17, 2011 at 08:05:53 PM PST

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              •  Definition of Middle Class (0+ / 0-)

                according to a research site I was just looking at, using Census data, was 80 to 125 percent of income for a REGION.  Not for a city or census tract.  The research was on, ta-da, the segregation of households BY INCOME, looking for evidence that bottom 10% and top 10% households were less likely to live in mixed-income census tracts.

                A really great tagline appearing here soon! Watch this space!

                by madhaus on Thu Nov 17, 2011 at 08:44:08 PM PST

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          •  Los Altos Hills is different from Los Altos (1+ / 0-)
            Recommended by:
            Clem Yeobright

            Los Altos is a wealthy Silicon Valley suburb. Los Altos Hills is a considerably wealthier Silicon Valley suburb.

    •  Twice as much (1+ / 0-)
      Recommended by:
      cai

      Food is twice as expensive? Cars and gas cost twice as much? You can't buy furniture from Goodwill? No Ross Dress for Less nearby, so you have to wear diamond studded ascots? WTF, man? No place costs twice as much as the rest of the country unless you only consider real estate. Even then, you can rent if you aren't wealthy enough to buy. Plenty of middle class folks rent. I think you have a VERY skewed view of wealth in America, you sound like you come from wealth and privilege.

      •  I come from a solidly middle class background (0+ / 0-)

        A safe neighborhood, with steady employment, good schools, and health care.  We took modest vacations and enjoyed relative economic security.

        This is what used to be middle class.

        The depredations of the past 30 years, the erosion of the middle class across our country, do not make my upbringing "from wealth and privilege."

        •  Then why do you think Santa Clara is 2x expensive? (1+ / 0-)
          Recommended by:
          cai

          Just going by the numbers you bandy about, you seem to operate in a rather rarefied financial space, where people making a quarter million a year are solidly middle class. I was just being charitable, assuming you came from wealth and privilege, and that is the reason for your caviar coated financial follies. The other possibility is that you are simply ignorant.

          •  And I think you are not discussing in good (0+ / 0-)

            faith.

            Bye bye.

            •  Middle Class in Santa Clara County (0+ / 0-)

              You are calling something "solidly middle class" based on the size of house and lifestyle.  But that's not the definition of middle class used by demographers.

              What's really odd about Santa Clara County (and neighboring San Mateo County) is how insanely expensive it is, and how much what would be a middle class house anywhere else costs here.

              Los Altos Hills is one of the most expensive cities to live in in SC County.  It is most definitely NOT middle class and never was.  You are confusing it with Los Altos, which also isn't middle class but was 30-40 years ago.

              A really great tagline appearing here soon! Watch this space!

              by madhaus on Thu Nov 17, 2011 at 08:47:29 PM PST

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              •  If a quarter million dollars (0+ / 0-)

                in Santa Clara County is "middle class", then my spouse and I, with a household income of 1/4 that before he retired, and now maybe 1/5 of that under his pension, are poverty level.

                There are plenty of families in Santa Clara County who make nowhere near a quarter of a million dollars a year.

                Now to try to end the wars we ask our gay and straight soldiers to fight. -- Chris Hayes (modified)

                by Cali Scribe on Fri Nov 18, 2011 at 02:22:36 AM PST

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                •  Huh? (0+ / 0-)

                  $250K is not middle-class.  That was my point.  Did you reply to the wrong post?  

                  Demographers define middle class as 80 to 125 percent of the median income.  $250K doesn't fit that.  Neither Los Altos Hills nor its budget cousin Los Altos are middle class by any measurement.

                  A really great tagline appearing here soon! Watch this space!

                  by madhaus on Sat Nov 19, 2011 at 02:08:34 AM PST

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