Still a ridiculous talking point.
Median Value of owner occupied housing units:
National[0] - $217,500
Bessemer, AL[1] - $86,500
Median household income:
National - $62,843
Bessemer, AL - $32,301
[0]https://www.census.gov/quickfacts/fact/table/US/PST045219
If a large minority of it is derived from capital directly or the majority of it is derived from the worker’s labor applied to their own capital.
If it is derived from wage labor and is the worker’s entire income, its just relatively high-income working class, and isn’t “close to” middle class.
I think it should be some kind of law of the internet. Any discussion of socioeconomic topics ends up reinventing the classic class system on a long enough time scale.
I think it's easy to forget just how uneven things have become since the middle of the previous century: someone making more money than 95 out of every 100 Alabama residents is doing quite well compared to most of the people in the state and is still nowhere near CEO-level compensation.
No question that it's better but it's going from average to “highest income person you know who isn't your doctor” rather than executive class income.