Here in DFW, it’s deceptive. It appears that we are surrounded by wealth, with expensive homes and “lofts” popping up everywhere, and highways glutted with nice cars. In Southlake/Colleyville one ponders “What do those people DO to make all that money?”
Maybe it’s all built on a house of credit-sand?
Still, it makes you think you’re “poor” compared, contra this article that has you “rich” if you make just over $35k!
but we drive cars with lots of miles....we are careful in spending....we don't go on fancy vacations although we do vacation but on our terms, which is cost saving....
I look at the big Ram trucks, the new houses, the shoppers at Nordstrom, and the many, many people eating out on a daily basis, and yes, I feel poor...
I see this in the Northeast too. From Boston on down to D.C., the suburbs are booming with $400K and higher homes going up everywhere. Somebody's paying for those. Also, just try getting a table at a restaurant on a Friday or Saturday night without at least an hour wait. Even the casual eating joints like Longhorns, Yard House, Olive Garden, etc., are jammed.
So all this study did was lump a bunch of low-paying jobs, that were always low-paying jobs, into categories so that they could say that all the fastest growing jobs were low-paying jobs. You could have done this in 1990, or 1979.