Quote:
Originally Posted by Keedy
Thanks for doing the math Bucco. The 21% that make over $50,000 tells alot about priorities. It also includes many young people who realistically would rather spend their monies on other things.
Once you subtract the non-americans (19 million) and the people who make over $50,000 and chose not to purchase (9.5 million) it sheds a new light on the urgency factor.
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I know I will be slammed for this but.....
$50,000 sounds like a lot of money but that is about the starting salary for persons with a college degree. Then you have to look at the amount of their college loans...I have a niece and nephew both MD's they make about that, interns and resident, and you wouldn't want to know the amount they owe. (they do get healthcare) Then you need to factor in where these people live...any big city has big housing and cost of living.
It is not all black and white....