Am I middle class? I don't feel rich.
The recent conversation around University of Michigan student Jesse Klein’s column on being middle class has been fascinating. Klein’s family makes $250k a year and lives in a $2 million house. But it’s not an enormo-house, because that’s $2 million in Silicon Valley. And in Ann Arbor, “considered an expensive area of Michigan,” the houses and lawns are bigger and the money is older, so Klein doesn’t feel rich.
A lot of readers aren’t having it. A highlight from the comments:
Step 1: Sell $2M house in Palo Alto.