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If you were able to afford a house around the early 2000s, you were made “relatively wealthy,” Albert Saiz, faculty director of the Urban Economics Lab at MIT, told Salon.

He won second place in the MIT Battlecode’s high school division and advanced to the Google Code Jam Coding Contest semifinal, a global coding competition.

Good thing for them that in last year’s World Series most New York Yankees hitters had yet to equip themselves with the bat conceived by an MIT physicist turned baseball analytics nerd.

“If you sort Americans by wealth, and forget about the top 10% or 20%, most of our wealth is indeed in housing,” Albert Saiz, faculty director of the Urban Economics Lab at MIT, told Salon.

MIT aeronautics professor R. John Hansman said that it's important to take stock of safety concerns, but also to recognise that the American aviation system is one of the safest in the world.