I wonder how they calculate the poverty rate. In the Bay Area rents and housing prices are so high that whats left after after housing expenses and taxes puts some pretty high earners in tough economic situations. If the government takes 40% and your housing expense is 40% that leaves you with 20% for everything else. Suddenly $150K does sound like much!
I wonder how they calculate the poverty rate. In the Bay Area rents and housing prices are so high that whats left after after housing expenses and taxes puts some pretty high earners in tough economic situations. If the government takes 40% and your housing expense is 40% that leaves you with 20% for everything else. Suddenly $150K does sound like much!
Brian, are you losing weight? Impressive!