Does this survey take into account all trust, annuity and interest income of households in addition to W-2 and Schedule C income? Where did SANDAG get their numbers?
I completely agree that one can live fine on a low or MC income. I myself do this and am able to completely stay out of debt, save my house note. My “greatest generation” parents taught me well – LOL.
Don’t judge an owner by their house and conversely, don’t judge a house by its owner. Some low-income owners survive fine in very nice properties and areas and some “wealthy” owners reside in the same property they bought in 1952, where the ‘hood has “gentrified” significantly since then but still suits them just fine 🙂
