The Mega Rich Have Found an Unlikely New Refuge

Re:The Mega Rich Have Found an Unlikely New Refuge by hexane360 on Friday November 04, 2016 @02:38PM (#12874837)

Someone who can afford a McMansion is definitely rich, even by American standards.

As I posted elsewhere: http://www.pewresearch.org/fact-tank/2015/07/16/are-you-in-t...

$80,000 USD / 4 people in America is the lower bound of high income.

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Re:The Mega Rich Have Found an Unlikely New Refuge by ska on Friday November 04, 2016 @02:55PM (#12874961)

You are comparing apples and oranges.

That pew study is income relative to worldwide range, which is fairly pointless in this context. Nobody is talking about upper/middle class boundaries in these terms, and McMansions are largely a US (North American?) phenomena.

Any family in the US with a very low six figure household income (or even a very high five figure) can choose to finance a McMansion. They are not rich by US standards.

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