Since it is a holiday, a recurring question arises. No, not if Santa is real (we all know he is, Virginia). It’s iconic how wealthy the McAllister family was Alone at home The film owned a sprawling mansion in a tree-lined neighborhood and was too busy traveling to Paris to remember poor eight-year-old Kevin.
The New York Times spoke with economists and Federal Reserve experts to shine a spotlight on the McAllisters. It turns out – wait for it – they were probably in the top 1%.
The house used in the film’s exterior shots is on Lincoln Avenue in the Chicago suburb of Winnetka, one of the wealthiest communities in the country. Realtor.com reports that.
Three Chicago Federal Reserve economists compiled some numbers to back it up, including the region’s household incomes for 1990 and 2022, property values, then-current mortgage rates, taxes and insurance.
“Assuming that the McCallisters spent no more than 30 percent of their income on housing, the economists also concluded that the house was suitable for a household with an income of $305,000 in 1990 (about $665 000). dollars in 2022) would have been affordable,” NY Times reports.
“By mid-2022, a similar home would cost about $2.4 million, according to Zillow’s estimate Alone at home A house. A home of this value would be affordable for a household with an income of $730,000, which would be in the top 1 percent of households in the Chicago area,” the economists said.
So yes, the McAllisters were filthy rich.
Now that that’s out of the way, let’s move on to another important question: How did the cast do? Friends Who pays for spacious apartments in New York?
Source: Deadline
Bernice Bonaparte is an author and entertainment journalist who writes for The Fashion Vibes. With a passion for pop culture and a talent for staying up-to-date on the latest entertainment news, Bernice has become a trusted source for information on the entertainment industry.
