Hacker Newsnew | comments | show | ask | jobs | submit login

Can you share the source supporting your second statement? Not because I think it's wrong, I'm curious as to the number of people in that group and how it's calculated.



The estimates of what % of the U.S. population are millionaires varies, but I was using roughly 5%. So if 95% of the population (non-millionaires) drives 86% of luxury cars, and the remaining 5% drives 14% of luxury cars, that means that the luxury car prevalence ratio among nonmillionaires:millionaires is (86/95):(14/5) = ~1:3.

-----




Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | DMCA | Apply to YC | Contact

Search: