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URL:  https://boards.fool.com/if-you-look-in-teacher39s-parking-lots-you-34114691.aspx

Subject:  Re: Millionaire professions Date:  1/20/2019  8:52 PM
Author:  tamhas Number:  91629 of 92649

If you look in teacher's parking lots you will not find a lot full of
new autos - and teachers typically do not live in the luxury townhouse
communities or gated communities.


Not having a new car, a luxury townhouse, or a gated community doesn't mean that one is living below one's means ... it is more likely an indication that one hasn't much in the way of means. I saw a piece recently that the Oakland, CA average rent was very similar to the average salary of an Oakland, CA school system teacher. This implies two incomes just to get by or significant commutes from less expensive communities ... and, hey, Oakland is hardly the high rent part of the Bay Area on the whole.
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