Re:Wealthy people are renouncing American citizenship
by cactus2093 on Thursday August 05, 2021 @01:17PM
(#28076651)
The amount of the US where you can buy a detached single family home with a white picket fence and 2 car garage for significantly under half a million dollars is probably not as much of a majority as you seem to think.
Not everywhere is the bay area, where you'll struggle to find this for under $1.5M. But $500k is not that much for a house these days in a lot of the markets where huge percentages of the population live (from the tri-state area, to Boston, to Seattle, LA, Austin, etc.) and lots of middle class people live in houses valued at more than this.
Not everywhere is the bay area, where you'll struggle to find this for under $1.5M. But $500k is not that much for a house these days in a lot of the markets where huge percentages of the population live (from the tri-state area, to Boston, to Seattle, LA, Austin, etc.) and lots of middle class people live in houses valued at more than this.