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These days, in many cities, being a millionaire is a prerequisite for owning a house.
yup, i live in hcol, cant move out almost everyone has a job that earns them enough over the years to be a millionaire, mostly tech people. they arnt rich, i consider rich if you are making 1+mil/year
True. We (Germany) experience that too. In some places you wouldn’t get a 1 bedroom tiny apt for a sum you could buy a decent house elsewhere.
But I just wouldn’t want to live in such cities or neighborhoods. For what purpose? Why should anyone even know I’m loaded? In real life noone knows I am. If I’d raise a cup on the streets people would probably throw change into it 😁
Nobody has to know you own a house. Don’t gad about in a tuxedo wearing a monocle.
The purpose of living in a population-dense area is the culture and amenities, such as healthcare facilities and art communities.
Sure, but those you can have basically everywhere, don’t need to pick the rich neighborhoods or generally expensive cities.
I lived in our capital once. It had not one benefit I couldn’t find elsewhere. At least none I would’ve found. And we move every few years to somewhere else in krautland.
thats where the jobs are though, cities. not all rich neighborhoods have 1+millUSD houses, it easily be a “lower cost” with that much expensive housing. you wont b finding jobs in a rural area. if you want to live a relative hcol, mcol area, in blue areas expect to live with roommates , or with your parents/friends/family only while not have the income to match the COL.
OK, the USA has vastly more space in between cities, that factors in highly. But OK, I didn’t think of jobs as I rarely had one in the last decades. That surely matters a lot. Though most who live rural here simply work remotely. As getting their would mean an hour commuting or more. One way. That’s not life anymore.
The reason I’d live in Berlin is the food and culture. Why would I need to go anywhere? every big production visits Berlin. Some of the best food in the world, beer gardens and parks and I just ride the u-bahn everywhere?
Oh and the people are fucking incredible!
Good damn I’m selling myself on living there all over again. Berlin was my favorite city in the world a decade ago. I’d have stuffed myself in a shoebox to live there in my 20s. Now I’ll need a decent size flat but it’s still a nice dream.
For the record I now live in a city and it’s good but not the same level of dreaminess as basically any European city, even the smaller ones.
OK that surely are nice points for Berlin. If one like all those things. But does it justify the higher cost of living? To me it doesn’t.
I don’t drink, I hate the UBahn (last time I used it was 20yrs ago), rarely eat outside (we have a cook) and also don’t visit cinemas or whatever you exactly meant by “big productions” (I assume musicals or bands and the likes?) We’re more the boring museum-types 😁
But the Ruhrgebiet has tons of all that too I guess (never been in Berlin long enough to know). If our city does not, the next one does. Or the surroundings. But unless you live in some remote foresty places there, it’s not great.
Not just referring to the rich neighborhoods. Perhaps it’s different in Krautland, but in the US, moving further away from the city center moves you further away from resources like those I mentioned. It creates a difference between being able to have a medical appointment during a lunch break and having to take a whole day off for it, for example.
i once followed some LA ytubers who were asian, that moved to LV area in Nevada and you what a surprise no good schools, no good healthcare physicians, or networks. its desolate like the desert it is. people were commenting on a different forum, made poor financial choices, just because cali is too liberal for them, and no income taxes.
Oh okay, I can’t judge the US there. You guys got a lot more space in between cities 😁 Then of course it’s very beneficial to not live in bumfuck-nowhere… Especially if you’re on a timer…that sucks balls