335 sats \ 7 replies \ @leo 16 Apr
In America most can afford a large house and car, but only the top 1% can afford to live in walking distance to a pub
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13 sats \ 1 reply \ @TheWildHustle 17 Apr
Most people being able to afford a large house in America is hilarious. A Large house in my area costs around a million cuckbucks.
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10 sats \ 0 replies \ @leo 18 Apr
The average housing price in the US is less than US$500k. And as we learn from the infographic above, the average house in the US is humongous. I didn't find good data on the walking distance to the nearest pub, but 2/3 of Americans live in suburbs or rural areas, where they may at maximum find a gas station within walking distance.
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0 sats \ 4 replies \ @Zed 16 Apr freebie
Thats not true. There are bars absolutely everywhere here.
406 sats \ 1 reply \ @0245bdaef2 16 Apr
I don’t think space universally equates to wealth
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0 sats \ 0 replies \ @zuspotirko OP 17 Apr
Quality of life unambiguously is higher tho
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262 sats \ 0 replies \ @freetx 16 Apr
I'm not sure if its a 1 to 1 comparison. Its primarily about available land (and the implications of that)
US is mainly housing in suburbs, that means driving into town center.
Europe has lots of housing in city center, which means more local shops and restaurants.
So there are trade-offs.
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75 sats \ 3 replies \ @k00b 16 Apr
2800sqft wat is utah smoking
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10 sats \ 0 replies \ @_vnprc 16 Apr
Agreed that is an insane amount of square footage. I would never live in a house that size.
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50 sats \ 0 replies \ @Lumor 16 Apr
Big Love
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10 sats \ 0 replies \ @zuspotirko OP 16 Apr
Imo this is their secret:
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78 sats \ 0 replies \ @Coinsreporter 16 Apr
It's just that Area and population difference is huge.
The United States is almost two and a half times bigger the size of the Europe.
The United States has a population of over 327 million people, while Europe is home to more than 741 million individuals.
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67 sats \ 0 replies \ @knorozov 16 Apr
Poverty is not being able to walk anywhere nice from your house.
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23 sats \ 0 replies \ @TNStacker 16 Apr
Real estate value is usually transferred into cost per square foot (meter). 1 sq. ft on Rodeo Drive in California is not equal to 1 sq. ft in Tennessee.
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23 sats \ 0 replies \ @TheBTCManual 16 Apr
Is space really the defining factor? Wouldn't access to amenities, taxes and interest rates be more of factor on affordablity and the value you're getting?
I can't remember where I heard this but there's a saying a home should be around x3 your annual salary and in many of the big cities its 8-12 and I think thats based on asking price not what you pay after your term which is even more
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34 sats \ 5 replies \ @Undisciplined 16 Apr
It's been pretty eye opening learning so much about Europe over the past few months.
I see a lot of comments criticizing this particular metric, but try to find one that doesn't make Europe look much poorer (materially) than America.
Europe being roughly half as wealthy as America is right in line with the data @TomK's been sharing.
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278 sats \ 4 replies \ @TomK 16 Apr
The poverty in the south is astonishing compared to the standard of living in the US. Tomorrow I will move for some weeks from Spain to my small apartment on Crete/Greece. If You like I could post some pictures of the village where I live over there. To You US guys it must be the Middle Ages...to get an idea...
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50 sats \ 3 replies \ @Signal312 16 Apr
Would love to see photos and hear about life there.
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50 sats \ 0 replies \ @TomK 16 Apr
I will post some stuff if You like. It's the south coast of Crete. IMO the most underrated old paradise of the Mediterranean
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21 sats \ 1 reply \ @Undisciplined 16 Apr
I would too. That beach looks like it's worth suffering through living in a smaller house for.
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84 sats \ 0 replies \ @TomK 16 Apr
That's my view. It's so incredible calm, only the sound of the sea and the wind....
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20 sats \ 1 reply \ @sime 16 Apr
This is trolling, right?
Otherwise, I feel sorry for you.
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0 sats \ 0 replies \ @zuspotirko OP 17 Apr
?
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5 sats \ 2 replies \ @Bell_curve 18 Apr
Are housing units small in Switzerland?
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10 sats \ 1 reply \ @zuspotirko OP 18 Apr
The only houses in Switzerland I know are like vacation homes in the mountains. In my childhood we would spend in some years all of December in the sort of small cabin that were pretty tiny. But I guess that's not typical for all of Switzerland.
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0 sats \ 0 replies \ @Bell_curve 18 Apr
Vacation homes are a sign of wealth not poverty.
Very few Americans own vacation homes
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5 sats \ 5 replies \ @SatsCats 17 Apr
European homes are typically constructed with bricks and mortar, while American homes are usually built with wood and drywall. This makes it quicker and less expensive to build larger homes in America.
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120 sats \ 4 replies \ @zuspotirko OP 17 Apr
Maybe europeans need to find a way to build that's as energy efficient as european houses and as cheap as american houses.
What we're doing here is nice. But very expensive.
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50 sats \ 3 replies \ @xz 17 Apr freebie
I can see your point.
My first thought is that I need to move to SLC or Denver.
My second thought is that the brick European housing system worked and should still work, but all of the underpinning economic constraints are brought about by following a growth model that's unsustainable because of broken money. Now we are trying to achieve the same with the continued irrational housing development decisions.
But we all know this.
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10 sats \ 2 replies \ @Bell_curve 18 Apr
Denver is now saturated and not in a good way
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20 sats \ 1 reply \ @xz 19 Apr
I heard about that, Colorado Syndrome, or was it Oregon?
Or maybe, half the world osmosis syndrome.
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0 sats \ 0 replies \ @Bell_curve 20 Apr
Portland is also a disaster
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10 sats \ 0 replies \ @Murch 16 Apr
I think you are projecting your values on others. I’d rather have a smaller house in walking/biking distance of a supermarket, kindergarten, school etc. than a bigger house and needing two cars. I once lived in a 1200 sqft apartment with another person and we ended up not using one of the rooms. I‘d prefer a 800–1000 sqft with a nice cut in a better location any day of the week at least until there are more than two people to be housed.
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3 sats \ 0 replies \ @nym 16 Apr
That makes a lot of sense.
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3 sats \ 1 reply \ @Satosora 16 Apr
There is a reason why american homes are so expensiv, though.
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3 sats \ 0 replies \ @Lumor 16 Apr
All that cardboard + greeco-roman pillars? 🫣
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3 sats \ 0 replies \ @benjaminprescient 16 Apr freebie
Perhaps they do not like showing off their wealth with their houses.
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0 sats \ 0 replies \ @DesertDave 17 Apr
But who has more debt?
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0 sats \ 2 replies \ @tolot 16 Apr
Hahahahaha, what is even that! European cities are so different from the USA cities, also it's really meaningful how you used "americans" to indicate only US citizens ;-D
Moreover, averages are not really statistically meaningful if you model data that isn't normally distributed (aka, somehow gaussian).
Last time I checked I saw that things like house size (btw, is it really a measure of wealth? Like the zeros in a fiat bank account, I suppose) are not normally distributed...in fact are more right skewed. Thus, you're better off using median.
PS. Since you're referring to americans, what's the average house size in Mexico, Canada, El Salvador, Nicaragua, Brazil, Argentina, Cile, ....
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0 sats \ 1 reply \ @zuspotirko OP 17 Apr
![](https://i.kym-cdn.com/photos/images/original/000/343/085/168.jpg)
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5 sats \ 0 replies \ @tolot 17 Apr
Accurate
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0 sats \ 0 replies \ @Signal312 16 Apr
I'm assuming this is just house size, and not square feet per person? That would be an interesting number. I believe I just read that in Sweden, the MAJORITY of people are living alone now.
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