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I just think that the Japanese people are just better at hiding poverty, going along with cultural values of fitting in and ganbaru. At least to outsiders like
by labster 9y ago
I just think that the Japanese people are just better at hiding poverty, going along with cultural values of fitting in and ganbaru. At least to outsiders like me. Here in the US there are large subcultures associated with poverty, and people will wear their social class with pride for tribal recognition.
- dba7dba 9y agoAmericans (or westerners?) are better at flaunting wealth that they don't have. In US, you buy a 3-bed house with garage and a big yard for $500,000. However that $500,000 house with 30 Year mortgage at %4.125 actually %872,892. And that's if don't default on the house and lost it all in. And look at the cars being driven on the road. How many drive cars that they own outright?
- scarface74 9y agoThe median cost of a house is around $188,000. https://m.huffpost.com/us/entry/4957604 https://m.huffpost.com/us/entry/4957604
- emodendroket 9y agoA house you can live in now is worth more than one you can live in in 30 years, and any consideration of interest that doesn't also consider inflation will produce a distorted picture.