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Old 04-20-2008, 08:07 PM   #45
mini
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Join Date: Aug 2004
Location: Olympia, WA
Threads: 143
Posts: 7,514
Hayden - half right - you wrote vs. those who make $1mm "or more".

On average, the family making $250k will have, on average 32 times the assets of the family making 50k. The family making $1m will only have, on average, 16x the assets of one making $250k. In other words, as already noted, they have more in common. They may live in the same neighborhoods, drive similar cars, go to the same beauty parlors, etc.

As Oldfort well noted, the family making $50k is more likely living in illegal multi-family homes.
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