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To: Tenchusatsu who wrote (1050968)1/27/2018 2:11:06 PM
From: Wharf Rat  Respond to of 1576823
 
"That's $3,200/month in mortgage payments"

Or nothing, if you bought it 30 years ago, when it cost $25K, and you were making $35K.



To: Tenchusatsu who wrote (1050968)1/27/2018 2:28:58 PM
From: Rarebird  Read Replies (1) | Respond to of 1576823
 
The median is often a very skewed means of evaluating the average. Bayside has an extremely rich section, which is the Gables (from 26th to 32nd Ave a few blocks off Bell Blvd), while most of the other homes there sell for much much less. Moreover, there are a tremendous amount of apartments for rent in Bayside. If you visited Bayside, NY, you would instantly see that the area is far from being wealthy overall; it is composed of wealthy, upper middle income and middle income. Many of the areas I mentioned above, have that composition of wealthy, upper middle income and middle income. Some even include lower middle income. Many of the different income classes live in the same area throughout the NYC area. Hope that clarifies things a bit.



To: Tenchusatsu who wrote (1050968)1/27/2018 8:22:12 PM
From: THE WATSONYOUTH  Read Replies (1) | Respond to of 1576823
 
That's $3,200/month in mortgage payments, which means household income should be around $137K/year before taxes

..............lots of Chinese in Bayside...... Koreans too.......distinctly upper middle class.................Lisa Su from there