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eloisant • yesterday at 6:57 PM • 1 reply • view on HN

I don't think you realize the situation of the US middle class.

High education costs. High healthcare costs. One serious disease or accident can bankrupt you. Buying a house usually means a 30 years loans at 7% so after 10 years you still have 85% of capital left to pay off.

Salaries are higher but everything is more expensive, so in purchasing power parity it's basically the same.


Replies

steinvakt2 • yesterday at 8:48 PM

Yes, I wrote that I prefer Europe