2 ms·
> Rent-net-pay-ratio is about the same for Vancouver/Seattle Doesn't that mean that Seattle is the same as Vancouver financially? If so, why not stay in Vancou
by jonny_eh 9y ago
> Rent-net-pay-ratio is about the same for Vancouver/Seattle
Doesn't that mean that Seattle is the same as Vancouver financially? If so, why not stay in Vancouver?
- marvin 9y agoNo, because absent taxes, your disposable income has increased by the same percentage as the increase in salary. Taxes make the increase in disposable income even more pronounced. This math mistake is the key to the fallacy that a cost-of-living increase zeroes out an increase in salary.