The Christmas holiday is coming, just as we will have a must-see movie for the New Year, Europe and the United States also have a list of Christmas movies, including the classic "Home Alone". A recent economist analyzed the house where the main character in the classic movie lives and said that the main character, Kevin, has a "not ordinary family."
The New York Times interviewed Fed economists and professionals to find out about the economics of the McAllister family, the protagonist Kevin. Based on the facts in the film – big mansions in tree-lined neighborhoods, going to Paris exclusives, etc. – experts have analyzed that the family may belong to the top 1%.
According to Realtor.com reports, the exterior of the house used in the film is located on Lincoln Avenue in Winnetka, a suburb of Chicago, USA – one of the wealthiest neighborhoods in the United States. This view is also supported by an analysis of three economists from the Federal Reserve Bank of Chicago, with data including household income, property values, mortgage rates at the time, taxes, and insurance in the region from 1990 (at the time of the film's plot) and 2022.
The New York Times report reads: "Assuming the McAllisters don't talk about spending more than 30 percent of their income on housing, economists have also determined that a family with an income of $305,000 in 1990 can afford the home ($665,000 in 2022). ”
"According to Zillow's estimate of the home in Home Alone, a similar home will cost about $2.4 million by mid-2022. Families earning $730,000 can afford a home of this value, and these families belong to the top 1% of earners in Chicago. ”
Therefore, the protagonist's family of "Home Alone" is super rich, and it is no wonder that two stupid thieves are eyeing their family.
So, the next question is: how did the gang in "Friends" manage to afford such a spacious apartment in New York, where housing prices are amazing?