Rich People Cause Climate Change

[Nealithi]

My monthly costs of living are roughly 900€/months, including rent, food and electricity. Healthcare is covered by my taxes, including basic dentist bills, though I still have to buy medication necessary for my mere survival, but it's managable at 10€ every two months on average (rest is covered by healthcare).

It's managable overall and I do have disposable income that allows me to either save up for bad times or go wild without minding the costs too much, as long as it's not all too regularly. Here in Germany, I am at the upper end of the lower income-ranges. I'd never be able to aford a house or an appartement of my own without a second income from a partner at about the same income range and even then, it would need to be something small. I'm fairly fortunate compared to most of my co-workers in this trade, as I have a good employer, picked up many skills that allow me to be extremely flexible within the trade and a strong union.

Thank you. The not affording an apartment without a second income source gives me the range band. As I sit in a similar position even though on paper I make more money. Hence the numbers never tell a picture to me. I end up feeling like Raymond in Rain Man.

[BridgeConsoleMasher]

OK, so who are the top 10%?

The global rich list is very flawed, but pegs it at 19k after tax.

Other measures tend to use an assets less debts. Here's one example:


This doesn't get to exactly 90%, but a quick estimate using an even distribution pegs it at about $93k in equity. This covers, oh, everyone who has a reasonable amount of home equity in the United States.

Do you need a home to have home equity?

In Soviet Russia, home equity need you.