7/11 http://money.cnn.com/best/bplive/topten/earners.html
Saratoga has the 7th highest median income in the US, trailing
behind Great Falls VA, Darient CT, New Canaan CT, Wilton CT, and
others. What the heck do people do in VA and CT that make them rich?
\_ Pretty shocking that these are ahead of places like Beverly Hills.
Anyway, the CT people work in NYC. The VA people rip off the
government.
\_ The residents of places like Beverly Hills and Brentwood probably
don't have high incomes but instead high net worth.
\_ Brentwood is not a city. BH's median income was $91K (2000).
What you say is true, but you don't buy a $2M house by
making $91K. The "slums of Beverly Hills" must drive down
the median.
\_ Also, many SoCal places (e.g. Manhattan Beach and Laguna
Beach) have had a huge run-up in the last few years.
Long time residents might not have the income of people
who might be buying in now.
\_ I went to Maggiano's once and overheard 3 real estate
agents talking about how hot the market is, and one of
them said his dream house is to buy this condo in Santa
Monica, 1100 sq ft, is really close to 3rd Street and
overlooks the beach. It starts at 1.5 million dollars.
Then he said he sold one of them last week, and the other
agent said "Jesus! What kind of people buy these places?"
and he replied "Oh, she works for the Judge Judy
production."
\_ Only for cities with population over 14000, thus eliminating the
truly posh towns.
\_ The amusing list is the top 10 priciest homes.
http://money.cnn.com/best/bplive/topten/homes.html
\_ What's so amusing about it? If you have money, anywhere is
a good place to live.
\_ It's amusing that 9 of 10 are in CA.
\_ It'll more amusing when they go down by 20% of their
value in 3 years.
\_ Drat, so in 3 years I'll only be up 115% since I bought
my house?
\_ :-)
\_ I piss in your general direction.
\_ Actually, no. Some places are awful to live in, especially
if you have money. |