World map of city rental prices. numbeo.com/cost-of-living…
Really illustrates a fascinating but as yet little remarked upon phenomenon, the US has basically become a giant Switzerland in terms of prices. It's now a very expensive place by world standards. Late 80s/90s Japan vibes.
Really illustrates a fascinating but as yet little remarked upon phenomenon, the US has basically become a giant Switzerland in terms of prices. It's now a very expensive place by world standards. Late 80s/90s Japan vibes.
The Third World being cheap we knew, hence the old "downshifting" fad, but Europe outside the Banana is (esp. London, Switzerland) is also cheap, to Americans, given their very high wages for professionals. Japan is cheap!!
This is a map of local purchasing power parity, not official PPP figures, but crowd sourced ones from Numbeo. Some stuff we knew already; only Americans and Blue🍌Europeans live well (not Japanese, not europoors at large). Only thing that's interesting here is India.
Some selection effect? Maybe, but note (poorer) Pakistan, Bangladesh; richer Sri Lanka; even markedly richer (on paper) Iranians are all red/deep orange. Could official bodies be understating Indian (big city at any rate) prosperity?
I do want to know what is going on in India which comes off as richer than all of Latin America and about as prosperous as upper middle income Malaysia (!) on this map.
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