How Wealthy Were the McCallisters in Home Alone? The Federal Reserve Says Theyre in the 1 Percent Hollywood Reporter | Makemetechie.com Summary
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- Since the McCallisters’ home is an actual real-world property in the Chicago suburb of Winnetka, the economists were able to compare data from household incomes in the Chicago area in the 1990s, the house’s property value and mortgage rates, as well as taxes and insurance..
- They determined that a household with an income of $305,000 in 1990 — or about $665,000 in 2022 — would have been able to afford the home, assuming the family did not spend more than 30 percent of their income on housing..
- Zillow also estimated the Home Alone house would cost about $2.4 million in 2022, and Realtor.com listed the home in one of the most expensive neighborhoods in the United States..
- Not only did the famous movie family — Peter (John Heard) and Kate McCallister (Catherine O’Hara) and their five children, including Kevin (Macaulay Culkin) — live in quite a large home, but they were also headed out on a trip to Paris in the 1990 film..
- By Carly Thomas Associate Editor It’s been 33 years since Home Alone was released on the big screen, and fans are just now getting an answer to an age-old question: How wealthy was the McCallister family?.
- That makes the home only affordable for those in the top 1 percent of Chicago-area incomes, according to the Federal Reserve Bank of Chicago..
Its been 33 years sinceHome Alonewas released on the big screen. and fans are just now getting an answer to an ageold question How wealthy was the McCallister family?Not only did the famous mo [+1687 chars]
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