I think some of them actually believe. Like on Blind where the tech bros think $100k/yr is poverty wage. They haven’t been living in reality in a long time. The tech boom has been going on since what like 2010. It’s far longer than the dotcom bubble. They keep managing to jump from one fad to the next. It’s far eclipsed prior bubbles.
100k/year in San Francisco is definitely low income.
Official government figures using an exemplary family of four (two adults two children) already classified a household income of $117,400 as low income back in 2018. By 2025, that threshold has risen to $159,000.
Your example there is household income. In that exemplary family that means each parent is making $60k in 2018, $80k today. Which paints a very different picture to the claim that “a six figure salary is considered low income”.
I think some of them actually believe. Like on Blind where the tech bros think $100k/yr is poverty wage. They haven’t been living in reality in a long time. The tech boom has been going on since what like 2010. It’s far longer than the dotcom bubble. They keep managing to jump from one fad to the next. It’s far eclipsed prior bubbles.
Tbh 100k/yr is poverty wage in downtown San Francisco…
100k/year in San Francisco is definitely low income.
Official government figures using an exemplary family of four (two adults two children) already classified a household income of $117,400 as low income back in 2018. By 2025, that threshold has risen to $159,000.
San Francisco: Where a six-figure salary is ‘low income’ - https://www.bbc.com/news/world-us-canada-44725026
Places Where a Six-Figure Salary is Considered ‘Low Income’ - https://internewscast.com/news/places-where-a-six-figure-salary-is-considered-low-income/
Your example there is household income. In that exemplary family that means each parent is making $60k in 2018, $80k today. Which paints a very different picture to the claim that “a six figure salary is considered low income”.
Case in point. The world doesn’t revolve around San Francisco. You guys are neurotically hyperfocused on your little world.