4 ms·
It's called lifestyle creep. Housing and transportation are the two most impactful items, which can scale from $20k/yr to $20m/yr smoothly.
by hx8 2y ago
It's called lifestyle creep. Housing and transportation are the two most impactful items, which can scale from $20k/yr to $20m/yr smoothly.
- detourdog 2y agoI think lifestyle creep is too general of a description. The difference between $900 pants and $50 pants is more than lifestyle creep. I see it as indicative of a stratified society. Previous times had wealthy paying more for clothes but it showed in workmanship or materials. In the words of Lucille Blutb: How much could a banana cost, $10? I see Lifestyle creep as an individual gradually spending more for meals and cloths
- ghaff 2y agoNot that I really go to Vegas much any longer (thank the stars!) but when I did for conferences regularly, I'd go into some of the shopping malls and would be (not really literally but close) "I couldn't afford a single thing in this store!"