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Re:Where do the wealthiest 1% live? by blackguardx on Sunday January 25, 2015 @06:19PM (#8944669)
Shanghai is the most expensive city I have ever visited. Coming from San Francisco, most cities seem cheap. Not Shanghai.
Re:Where do the wealthiest 1% live? by rsync on Sunday January 25, 2015 @08:31PM (#8945116)
Useless anecdote:

I have been to shanghai, and agree that it is not cheap.

However, other than special-case-outliers like Aspen and Davos, nowhere I have been is more expensive than Zurich.

It's like, crazy expensive.

Re:Where do the wealthiest 1% live? by acadien on Sunday January 25, 2015 @06:22PM (#8944682)
Hm maybe it depends on your income level? I have friends in Shanghai that live on a fraction of what I live on in the US, we're in comparable income levels but no where near wealthy.
Re:Where do the wealthiest 1% live? by ido on Monday January 26, 2015 @04:55AM (#8946241)
This is common to many lower income countries.

You can live like a poor student in Poland for very cheaply but an upper/upper-middle class lifestyle (a couple of nice new luxury cars, always having the latest iphones/ipads, fancy clothing/watches/jewelry, a nice house/apartment in a good location, etc) will cost the same or more in Warsaw as in Berlin or Vienna.