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Rent and transport combined consume less than 10 percent of a poverty level income in India, while rent costs about 40 percent of a poverty level income in America, and a local bus pass costs about 10 percent of poverty level for a childless adult.
Sounds like housing in India is downright affordable, but why?
Poverty level India is about as destitute as you can get.
They can't afford cars, houses with floors, or food consistently.
Even the Indians you see in cities, where poverty is sleeping on the street and begging. Different definition of poverty in America, it's not destitution.
Where the hell does this graph come from anyways? Is there real data behind it or some guy with Excel making crap up?
Among many threads, this is one of the stupidest I've seen on CD. Why is India so much more affordable than the US? Really? Do we really need to spell it out for you? Yikes.
Rent and transport combined consume less than 10 percent of a poverty level income in India, while rent costs about 40 percent of a poverty level income in America, and a local bus pass costs about 10 percent of poverty level for a childless adult.
Sounds like housing in India is downright affordable, but why?
Them move there and then you can constantly complain about rent vs. home ownership taxes somewhere else.
I can't believe how many of you are prematurely dismissing this article. It raises some valid points about how we view poverty. In America, if you can't afford gas, then you become extremely immobile. We have an expensive transportation system where even bus tickets are out of reach for some. This article also could cause some to question our housing market. Do we live in an overpriced housing market where demand and supply are out of whack? Has inflation pushed the prices of living out of reach of the middle and working class? Is our working class prospering?
I'm glad to hear some objective viewpoints.
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