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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 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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