Tuesday, January 30, 2024

Your Turn

Last month, The New York Times published a report estimating that the family from the 1990 Christmas classic Home Alone was in the top 1% of earners in Chicago, the metropolitan area where the film is set.  

The news outlet worked with economists at the Federal Reserve Bank of Chicago, who estimated that the McCallisters would have had to earn an income of about $305,000 (or $665,000 in 2022) in order to afford the home featured in the movie.

How did they earn their income? 




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