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Originally Posted by Barry-xlovecam
Maybe, if you live in a large city you do not need a private auto and you can use a taxi or the subway.
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Yes, I live in the largest megalopolis in Europe, which is much bigger than NYC. Course we have a personal car, but it's almost useless in the traffic jams during the rush hours. So subway is still the fastest transport here.
Quote:
Originally Posted by Barry-xlovecam
How many people own a home free and clear? Their discretionary income is higher.
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A lot in my country. That's because during the Soviet times all apartments were owned by the government and were provided to the citizens for unlimited time. When Soviet Union has collapsed, all those apartments were privatized by the people who lived there for symbolic price (for free).
Plus to that lots of the city families here have a
dacha (please read the Wikipedia article to understand the meaning of this word) - a second home in the exurbs of the city. They are in personal own so no rent is being paid.
Quote:
Originally Posted by Barry-xlovecam
But that still doesn't tell you where it is better to live. Weather (climate), lifestyle and entertainment opportunities ... There are so many variables.
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Sure the US climate is
much better than ours, because we have really cold winters here. But there is a good thing about it, we have no hurricanes and tornadoes ;)