Average SD family 2000 vs 2010

[enron_by_the_sea]

I would like to share this link
http://www.ritholtz.com/blog/2011/02/how-u-s-income-groups-get-squeezed-by-food-prices/

From the blog –

In the U.S. the average annual income for the consumer units (households) measured is $62,857, where food expenditures consume a little over 10 percent of income .

But averages distort the true picture of what is really going on as only 15 percent of consumer units fit into this income group. Many have drowned in pools of water where the average depth is only 11 inches deep. Almost one third of the households in the U.S. spend close to or more than 20 percent of their annual income on food.

[Scarlett]

[quote=protorio][quote=Scarlett].

So I don’t buy that data.[/quote]

Amazing how a personal experience throws data out the window!

I think this is interesting. Of course, the story is 2005. Throw those numbers in there and you get a compelling picture of the trouble folks find themselves in.[/quote]

I could care less about medians if my personal experience is different. I can’t go to a person selling my sister’s house today for example and show her the data and say, hey, the house price should be only 50% above 1999 – NOT DOUBLE!

Medians are just that, a median. I am not buying the data because it doesn’t interest me in the slightest. The data won’t change my salary or the price of a house I would like to buy, but can’t afford to. They aren’t useful to me.

[Scarlett]

[quote=protorio][quote=Scarlett].

So I don’t buy that data.[/quote]

Amazing how a personal experience throws data out the window!

I think this is interesting. Of course, the story is 2005. Throw those numbers in there and you get a compelling picture of the trouble folks find themselves in.[/quote]

I could care less about medians if my personal experience is different. I can’t go to a person selling my sister’s house today for example and show her the data and say, hey, the house price should be only 50% above 1999 – NOT DOUBLE!

Medians are just that, a median. I am not buying the data because it doesn’t interest me in the slightest. The data won’t change my salary or the price of a house I would like to buy, but can’t afford to. They aren’t useful to me.

[Scarlett]

[quote=protorio][quote=Scarlett].

So I don’t buy that data.[/quote]

Amazing how a personal experience throws data out the window!

I think this is interesting. Of course, the story is 2005. Throw those numbers in there and you get a compelling picture of the trouble folks find themselves in.[/quote]

I could care less about medians if my personal experience is different. I can’t go to a person selling my sister’s house today for example and show her the data and say, hey, the house price should be only 50% above 1999 – NOT DOUBLE!

Medians are just that, a median. I am not buying the data because it doesn’t interest me in the slightest. The data won’t change my salary or the price of a house I would like to buy, but can’t afford to. They aren’t useful to me.

[Scarlett]

[quote=protorio][quote=Scarlett].

So I don’t buy that data.[/quote]

Amazing how a personal experience throws data out the window!

I think this is interesting. Of course, the story is 2005. Throw those numbers in there and you get a compelling picture of the trouble folks find themselves in.[/quote]

I could care less about medians if my personal experience is different. I can’t go to a person selling my sister’s house today for example and show her the data and say, hey, the house price should be only 50% above 1999 – NOT DOUBLE!

Medians are just that, a median. I am not buying the data because it doesn’t interest me in the slightest. The data won’t change my salary or the price of a house I would like to buy, but can’t afford to. They aren’t useful to me.

[Scarlett]

[quote=protorio][quote=Scarlett].

So I don’t buy that data.[/quote]

Amazing how a personal experience throws data out the window!

I think this is interesting. Of course, the story is 2005. Throw those numbers in there and you get a compelling picture of the trouble folks find themselves in.[/quote]

I could care less about medians if my personal experience is different. I can’t go to a person selling my sister’s house today for example and show her the data and say, hey, the house price should be only 50% above 1999 – NOT DOUBLE!

Medians are just that, a median. I am not buying the data because it doesn’t interest me in the slightest. The data won’t change my salary or the price of a house I would like to buy, but can’t afford to. They aren’t useful to me.

[Anonymous]

If a thread is not exclusively about me, then I don’t care, but I’ll post an opinion anyway!

[Anonymous]

If a thread is not exclusively about me, then I don’t care, but I’ll post an opinion anyway!

[Anonymous]

If a thread is not exclusively about me, then I don’t care, but I’ll post an opinion anyway!

[Anonymous]

If a thread is not exclusively about me, then I don’t care, but I’ll post an opinion anyway!

[Anonymous]

If a thread is not exclusively about me, then I don’t care, but I’ll post an opinion anyway!

[Scarlett]

[quote=pri_dk]If a thread is not exclusively about me, then I don’t care, but I’ll post an opinion anyway![/quote]
No need to be nasty. I thought we could post opinions here not just data. I guess I was wrong.

That is the median. Based on all I’ve heard – salaries have not gone up that much and houses have gone up much more than that. But of course it’s limited to the professionals I come in contact with and the house segment I am looking at.

So I have no data just my experience. And in case of my sister’s I have concrete numbers.

What I see doesn’t match that data that’s all I am saying. Of course, my experience is limited.

[Scarlett]

[quote=pri_dk]If a thread is not exclusively about me, then I don’t care, but I’ll post an opinion anyway![/quote]
No need to be nasty. I thought we could post opinions here not just data. I guess I was wrong.

That is the median. Based on all I’ve heard – salaries have not gone up that much and houses have gone up much more than that. But of course it’s limited to the professionals I come in contact with and the house segment I am looking at.

So I have no data just my experience. And in case of my sister’s I have concrete numbers.

What I see doesn’t match that data that’s all I am saying. Of course, my experience is limited.

[Scarlett]

[quote=pri_dk]If a thread is not exclusively about me, then I don’t care, but I’ll post an opinion anyway![/quote]
No need to be nasty. I thought we could post opinions here not just data. I guess I was wrong.

That is the median. Based on all I’ve heard – salaries have not gone up that much and houses have gone up much more than that. But of course it’s limited to the professionals I come in contact with and the house segment I am looking at.

So I have no data just my experience. And in case of my sister’s I have concrete numbers.

What I see doesn’t match that data that’s all I am saying. Of course, my experience is limited.

[Scarlett]

[quote=pri_dk]If a thread is not exclusively about me, then I don’t care, but I’ll post an opinion anyway![/quote]
No need to be nasty. I thought we could post opinions here not just data. I guess I was wrong.

That is the median. Based on all I’ve heard – salaries have not gone up that much and houses have gone up much more than that. But of course it’s limited to the professionals I come in contact with and the house segment I am looking at.

So I have no data just my experience. And in case of my sister’s I have concrete numbers.

What I see doesn’t match that data that’s all I am saying. Of course, my experience is limited.

[Author]

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