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I think it is more OP calling the world mad when $6000,000NZ is the price range for a "decent" house. Heck, even the ability to move to another country is luxu
by yequalsx 10y ago
I think it is more OP calling the world mad when $6000,000NZ is the price range for a "decent" house. Heck, even the ability to move to another country is luxury enough. The 1% calling crazy what the 0.1% do is laughable to most I presume. I'm in the 1% so I'm not sure how the 80% really view such comments but I imagine it's farcical to them.
- AvenueIngres 10y agoOP is upper middle class, at best. Let's not use rethoric that would only apply to people that are actually considerably wealthy regardless of the comparative entity you choose to rank them against i.e billionaires and millionaires. A couple trying to buy a nice house with their combined salaries isn't insane. In particular when that is the norm they were used to and who is slowly disintegrating.
- yequalsx 10y agoIn terms of purchasing power for the world they are not upper middle class. They are in the higher eschalons in terms of wealth and economic means. I don't decry their plight but rather seek to put context to it. People in their income bracket have driven up land and housing prices in Belize, Costa Rica, Panama, Thailand, and elsewhere. That didn't make the world crazy in their eyes but having prices driven up in Auckland did. That perspective is crazy.
- hexane360 10y agohttp://www.pewresearch.org/fact-tank/2015/07/16/are-you-in-the-global-middle-class-find-out-with-our-income-calculator/ http://www.pewresearch.org/fact-tank/2015/07/16/are-you-in-t... $80,000 USD for 4 people is "High Income" globally.
- te_chris 10y ago600k NZD is mad, in my life experience. It's a crazy amount of money compared to average incomes in NZ - especially for a house that likely needs work.