Reply to European Expansion: Eye-Opening, Frustrating, and Possibly Not Worth It

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Reply to "European Expansion: Eye-Opening, Frustrating, and Possibly Not Worth It - Underperforming employee culture"

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[quote=Anonymous][quote=Anonymous]Let me repeat.  Americans have very little assets and [b]very low true home ownership rates.[/b] Debt is out of control. And the PP talking about a VP at a bank in DC retiring with millions knows nothing about banking.  The vast majority of banking in DC is retail and a VP makes 175k at best. The best paying jobs in banking are in NYC, London, Houston, and Singapore and are in IB and trading. 
I feel sad for the PP of the German descent; poverty does a number on the brain. I went to an Ivy and we have a vacation home in Colorado and life is about more than that.

"U.S. Has 3rd Lowest Percentage Of Households That Own Their Homes Without Mortgages"
https://www.forbes.com/sites/johnwake/2023/03/31/us-has-3rd-lowest-percentage-of-households-that-own-their-homes-without-mortgages/[/quote]

Where do you come up with this stuff? The US rate is higher than France, Uk, Sweden, Germany etc.

https://en.m.wikipedia.org/wiki/List_of_countries_by_home_ownership_rate

US has lower household debt than most Western European countries, and “very little assets” also isn’t true. [/quote]

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