DAILY CALLER: REAL-WORLD MATH IS HARD!
The latest desperate attempt to smear Occupy Wall Street, from the Daily Caller:
Many "Occupy Wall Street" protesters arrested in New York City reside in more luxurious homes than some of their rhetoric might suggest, a Daily Caller investigation has found.
For each of the 984 Occupy Wall Street protesters arrested in New York City between September 18 and October 15, police collected and filed an information sheet recording the arrestee’s name, age, sex, criminal charge, home address and -- in most cases -- race. The Daily Caller has obtained all of this information from a source in the New York City government.
Among addresses for which information is available, single-family homes listed on those police intake forms have a median value of $305,000 -- a far higher number than the $185,400 median value of owner-occupied housing units in the United States.
Oh, fer crissake. Do you know what the median home price is in the New York metropolitan area? Here are the numbers, from the National Association of Realtors (PDF)
New York-Northern New Jersey-Long Island, NY-NJ-PA: $384,800
New York-Wayne-White Plains, NY-NJ: $448,700
Edison, NJ: $328,600
Nassau-Suffolk, NY: $383,500
Newark-Union, NJ-PA: $374,900
Oh, but the DC says, "The arrest intake documents show that arrestees came to New York from all over the country but particularly from the Northeast." So, um, what's the median home price in the Boston metro area? $355,700. Hell, even in Burlington and South Burlington, Vermont, the median value is barely below the DC's "luxury" number -- it's $276,200. There's a high cost of living up here!
More from the DC:
The median monthly rent for those living in apartments whose information is readily available is $1,850.
Yup -- and, according to the research group REIS, the median rent for a newly vacant apartment in New York is $3,038. Did I mention the fact that there's a high cost of living up here?
And we have no way of knowing how many of these people are paying the entire rent on their own apartments. People have roommates. People have spouses. People have live-in girlfriends or boyfriends. Some people have live-in partners and roommates.
Smear FAIL.
Michelle Malkin's flying monkey are out there buying up all of the really tall ladders in the NE, so they can climb up and look at how many of the apartments, condo's, and co-ops, have marble or granite counter-tops.
ReplyDeleteMaybe they'll invest in the equipment that allow window washers to go up and down, so they can peer into the really high buildings, too.
Somehow, I think if Wall Street moved all of the operations to Boise, the rent there might go up a tad there too.
Ah ha! So not only are they dirty smelly hippies, but they're also well off! Take that, protesters who aren't in tri-cornered hats and fighting for the status quo!
ReplyDeleteForget roommates, we're not even taking into account how many still live with their parents. People just a few years younger than me have had a hell of a time launching their careers and achieving financial independence. Yet this form of income inequality is hidden from our usual measures, because if you still live with your parents then your income, if any, counts towards their household. So now, instead of having two households, one with $80K/yr and one with $15K/yr you have one household with $95K/yr and everything is peachy keen.
ReplyDelete