Re:Study: Rich are less generous when they think there’s hig...
by MagnumOpus on Monday November 30, 2015 @05:29AM
(#10648714)
> In the us a similar income would get you a nice house, a pool and even a tesla
In a comparable place in the US (i.e. NYC) a similar income gets you similar housing - and not much more in food/services.
If you go out into the boonies, yes US housing is cheap but so is the UK. And in both places few people manage to earn six figures outside the bubbles of NYC, Boston and SF/Valley (nationwide, $100k is 92nd percentile of income give or take).
In a comparable place in the US (i.e. NYC) a similar income gets you similar housing - and not much more in food/services.
If you go out into the boonies, yes US housing is cheap but so is the UK. And in both places few people manage to earn six figures outside the bubbles of NYC, Boston and SF/Valley (nationwide, $100k is 92nd percentile of income give or take).