Sure, it's just that no one is claiming the middle class fleeing, so showing that they aren't isn't a counterpoint to anything.

I think it matters for the pop-level discourse.  A progressive might say something like, "well good, all the filthy millionaires are leaving, and the middle class, the people we care about, is growing", or something like that.

SimpleStacker

net outflows of upper middle class residents has been falling

That is probably meaningless in this context, though, as there will be far more people in the $200k-$999k range than in the $1M+ range.

econ

Mini Pleb Economist: A frustrating example of ideologically motivated distortion

> net outflows of upper middle class residents has been falling

That is probably meaningless in this context, though, as there will be far more people in the $200k-$999k range than in the $1M+ range.