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re: And did you take out a 2nd mortgage?

Posted by:	Singapore/Fling 08:50 pm EST 11/22/14
In reply to:	re: And did you take out a 2nd mortgage? - Thom915 02:23 pm EST 11/22/14

And I so hate to agree with Ryhog... At this point of time, most Americans live in urban areas. Cost of living in at least a good third of those cities are largely comparable. My hometown has seen prices go through the roof in the past ten years - when I go back, I no longer have sticker shock. If anything, nowadays I think, "$8 for a sandwich... that's New York prices". And the same is true the world over - prices for an affluent lifestyle in Bangkok or Beijing equal those of New York. You have to be in lower tier cities before you see prices dropping considerably. Likewise, if you know where to look, you can still find a good meal near Times Square for under $10. As for all of us who live in boroughs, I can promise you that most of us either lack a vcar as well, or have a car for minimal use.

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