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A comment on Barely Half of 30-Year-Olds in the U.S. Earn More Than Their Parents Did at 30. Parent comment

Re:Barely Half of 30-Year-Olds in the U.S. Earn More Than Th... by djKianoosh on Thursday December 08, 2016 @02:50PM (#13133585)
>> I am in the top 1% income earners for my generation and do not even come close to this.

what? how is that even possible? what are your debts? how long have you been in the top 1%? something doesnt add up.

most of the people I know are making way more than their parents, and are able to move out of big metro areas and live in the suburbs just fine.

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Re:Barely Half of 30-Year-Olds in the U.S. Earn More Than Th... by vvanders on Thursday December 08, 2016 @02:52PM (#13133612)
The tech sector is this nice bubble where we've seen lots of economic prosperity. If you look at the statistics you'll see that's not the case for a large swath of America.
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Re:Barely Half of 30-Year-Olds in the U.S. Earn More Than Th... by aetherson on Thursday December 08, 2016 @06:37PM (#13135373)
Top 1% of income for a 30 year old (in the USA, in 2016) is, per this calculator, $188,000.

https://dqydj.com/income-percentile-by-age-calculator/

In overwhelmingly most parts of the country, that's plenty of money to own a house and support a family.

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Re:Barely Half of 30-Year-Olds in the U.S. Earn More Than Th... by AbrahamParangi on Thursday December 08, 2016 @07:15PM (#13135592)
The people earning that much are (very) disproportionately distributed in those areas which are also the least affordable.
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Re:Barely Half of 30-Year-Olds in the U.S. Earn More Than Th... by dsfyu404ed on Thursday December 08, 2016 @07:43PM (#13135747)
That's what the market in those locations will bear. Rich people, high prices. It's no different than a tourism economy.
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Re:Barely Half of 30-Year-Olds in the U.S. Earn More Than Th... by was_boring on Thursday December 08, 2016 @09:35PM (#13136251)
Generation isn't the same as age. Being 30 means I'm part of the "millennial" generation which only takes $106,500 to be in the top 1%.
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