| This is why I shouldn't eat, watch BSG, and post. Egg on my face. I have no clue what I was thinking, but yes, that sounds right.
Still, I have to wonder if cost of living increases in NYC outstrip disposable income increases for those in the first standard deviation from the mean income.
In that case, while assets do increase in value over time, it's still meaningless to the one SD from mean earner because he or she simply can't afford to acquire an asset. The problem with assets, especially land, is that they have an entrance fee that some cannot pay because they only can afford a small margin of savings. |