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As noted in the comments, the major problem is that he compares the "rational" strategy of moving to the Australian outback with the "default" strategy of havin
by orangecat 16y ago
As noted in the comments, the major problem is that he compares the "rational" strategy of moving to the Australian outback with the "default" strategy of having a US job and spending the statistical average on housing, food, etc. But if you're assuming a highly rational person, the second strategy has loads of room for optimization: you don't need a McMansion, a new car every 5 years, or to engage in status games of conspicuous consumption with your neighbors. With a relatively small amount of planning and discipline, it's easy to save lots of money earning $100k/year in the US.