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In reply to the discussion: An investor called $140,000 the new poverty line. Experts disagreed but said he had a point. [View all]
Wiz Imp
(10,483 posts)23. I was responding to the claim that minimum rent was at leas $2000
just about everywhere. And the post I responded to did not mention any size of residence, implying rent for any kind of apartment is at least $2000. That statement was not only false, but not remotely close to be true.
And for the record, if you bothered to actually read my post and check out the links, you'd see that the median rent for 2 bedrooms was $1490, just $3 more than the overall median rent.
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An investor called $140,000 the new poverty line. Experts disagreed but said he had a point. [View all]
Zorro
Nov 2025
OP
I would buy this sum is accurate (even low) if one desires to live in an expensive, desirable area
AZJonnie
Nov 2025
#3
"It's laughable to put a poverty line far above the median income in the United States."
mountain grammy
Nov 2025
#7
Green's required net income: $118,009. The $136,500 is gross. For a family of 4.
Celerity
Nov 2025
#26
That was the reason my wife worked part time until our daughter was old enough for elementary school
NickB79
Nov 2025
#41
Several points here. First, "laughable to put a poverty line far above the median income" is itself laughable
unblock
Nov 2025
#9
The observations have merit, even if the specific application of conclusion doesn't.
unblock
Nov 2025
#31
I would think for most families of 4 it's enough to live on but very little disposable income for extras.
Raftergirl
Nov 2025
#10
Residents making an annual income of up to $109,700 who are living in Marin, San Francisco, San Mateo, Santa Clara and
Celerity
Nov 2025
#22
Disagree (after reading it fully) & the $136,500 figure is gross, his required net income: $118,009. For a family of 4.
Celerity
Nov 2025
#30
That seems a rather blanket statement, sorta like "every immigrant from India is a math genius"
DFW
Nov 2025
#48
I wouldn't call it a "poverty" line, but the "living wage" line. Below that, government subsidies are necessary. nt
Blasphemer
Nov 2025
#34
While most of the posts in this thread have been about housing costs,
PoindexterOglethorpe
Nov 2025
#52
Child care is the largest cost in the OP article's example. Larger than housing cost.
Celerity
Nov 2025
#54