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Re:Gen Z does not dream of labor by azinman2 on Sunday April 24, 2022 @03:23PM (#31147345)
135k is closer to 1% in the US than you’d think.
Re:Gen Z does not dream of labor by sologoub on Sunday April 24, 2022 @03:32PM (#31147452)
Not in the Bay Area, this is article from 2020 and even then $384k got you only in the top 10%. $105k was basically median.

Source: https://amp.thecalifornian.com/amp/4625295002

The national percentile doesn’t really matter when your income is not portable, and you can’t just move and take it with you.

As another post said, it’s doable on $135k but it’s not easy in the SF Bay Area.

Re:Gen Z does not dream of labor by xur17 on Sunday April 24, 2022 @04:18PM (#31147911)
> The national percentile doesn’t really matter when your income is not portable, and you can’t just move and take it with you.

With remote work, it's a lot more portable than you might think.

Re:Gen Z does not dream of labor by sologoub on Sunday April 24, 2022 @08:56PM (#31149727)
For some, yes. Unfortunately, this is not as evenly available as one might hope or even as widely as it was used during pandemic.
Re:Gen Z does not dream of labor by closeparen on Sunday April 24, 2022 @03:52PM (#31147680)
In any given city the number of homes for sale is a small percentage of the population, and even then most of those homes will trade between incumbent owners. Prospective first time buyers are competing over the number of new housing units & units freed by out-migration, downsizing, and death. People are living longer. Boomers are aging in place. It’s pretty ordinary that would-be buyers outnumber these units more than 99:1. So merely being in the top 1% of prospective buyers is necessary, not sufficient. And since prices have gone up recently, prospective buyers are higher income than the city as a whole.