As someone of moderate wealth (high earner, investments), I still live in the same small house in the same inexpensive city I did when I was earning a quarter of what I do now. Americans talk about "starter houses" and moving up, but that's a consumptive pattern I don't value. Instead, I value the financial freedom of not having a mortgage and having stable, well-constructed housing that I continuously improve. I could afford the bigger house but I don't want it.
As for cars, I have 2 but they rarely get used. One is a business van for transporting large equipment and the other is a cheap hatchback. I bike most places though, and drive only a couple times a week. I understand their utility as a tool, but if I could get away without owning one I would.
Money is nice, but financial security with social safety nets and public healthcare is a trade-off I'd gladly make.
Likewise for "substantially larger houses". This is just not a relevant metric - Europeans generally live in denser cities, with more apartment living, more cycling, more parks. That's a preference. It's got nothing to do with wealth. Europeans don't have smaller houses because they can't afford them, but because they prefer living in smaller, denser, more walkable cities.
It’s not like that as we were discussing tangible measures of wealth. Can you provide any evidence that Europeans are materially wealthier than Americans? That is, that Europeans earn, own, and / or consume more than Americans?
I don´t want to own a car and drive 2 hours to work every day, and consume more car ownership - I want to cycle or walk, and stay fit and enjoy the sun.
You see the mistake you're making?
I lived in the US for 6 years, and could have stayed. It was an easy decision to go back to Europe.
They don’t. Americans earn something like 1/3rd more than the average European. They have substantially larger houses and own more cars.
> And I much prefer not needing to exercise my rights to self-defence in the first place
The vast majority of people will never need to use a gun whether they are in the US or Europe. The position you’re taking is one that it is convenient for you to take because you are not currently the victim a violent crime. This is akin to someone talking about all of the money they are saving by driving without insurance.