~95% of Americans individual income is less than $100K [1] and while there are sadly many people living in poverty, that the other end of the scale. $150k a year is more than enough for a multi-person single earner family, you just might have to forgo that penthouse with a Central Park view for something that, shock horror, is in the outer boroughs. You know, like most New Yorkers. (I'm sure there is a similar analogy for SF and East Bay, or something)

So, have some respect people. Stop acting like spoiled children. Oh wait.

[1] http://www.census.gov/hhes/www/cpstables/032011/perinc/new01... via Wikipedia