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Agatha Christie could afford a maid and a nanny but not a car

fullstackeconomics.com

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Re: Agatha Christie could afford a maid and a nanny but not a car

#201

Earlier quoted context omitted.

My experience in SEA in general and Bali specifically (as a Malaysian), prices are not simply a matter of speaking the language. Vendors often charge based literally on your social class/status.

In other words: your skin color.

Nah, that's mostly a western preoccupation.

Re: Agatha Christie could afford a maid and a nanny but not a car

#202
post #174
post #92

Earlier quoted context omitted.

The middle class is just very wide. Essentially anybody who doesn't starve when they're out of work for a couple of months is middle class. Upper class is distinguished from middle class whether you have to work at all. Very few people have enough passive income to afford a ~median lifestyle. Agatha Christie might not fit into middle class, but today a lot of people do.

I've seen an updated definition that kicks in at the time you can take one or more yearly vacations, so basically just doctors, highly paid laywers, highly paid SWEs, and executives.

They usually never take those yearly vacations since it would mean lost of practice and connections.

By this definition, the only people who are rich are young professionals in Western countries who actually take those vacations and go on year-long travel through South America, for example.

Re: Agatha Christie could afford a maid and a nanny but not a car

#203

Earlier quoted context omitted.

They have different prices for foreigner and locals in Thailand and Indonesia.

Plenty of places in the USA have the same. Disneyland is discounts for Southern California residents https://disneyland.disney.go.com/offers-discounts/southern-c... In Hawaii many business have discounts for locals https://en.wikipedia.org/wiki/Discounts_and_allowances#Speci...

Your examples are more like colleges charging more tuition on out-of-state student, or tourist attractions charge lower price to locals, which are made public information. The context under this thread is talking about dual price that is deliberately taking advantage of information asymmetry, differentiation, or even discrimination based on social class and skin color.

Re: Agatha Christie could afford a maid and a nanny but not a car

#204
post #77

Earlier quoted context omitted.

I had a fellow American friend who lived in Bali for a year in the mid-70s. When he arrived, he shopped for his own food and cooked it. But he found that, since the merchants charged people by their social class, he could hire a housekeeper and have them buy and cook his food for the same price as buying his own found. And people expect him to do this.

In Egypt, that's true unless you haggle. You can always haggle to get close to Egyptian prices, but if I didn't have my friend with me to show me how to do that, I would have paid American prices the whole trip. I'm sure a lot of places work similarly. At the end of the day, they want to make a sale, doesn't matter who you are just what they think you'll pay.

In countries like that I just don't buy anything. Life is too short for haggling.

Re: Agatha Christie could afford a maid and a nanny but not a car

#205

Earlier quoted context omitted.

>people expect him to do this. Right, it's part of how society works. In some places, having a housekeeper is a critical part of the economy and its incredibly impolite not to have one, if you are part of the expat class.

I'm surprised to hear that it is impolite to not have a housekeeper if you are an expat. To which places are you referring?

50 years ago, Germany also still had a popular saying "Eigentum verpflichtet" which I would translate as "ownership creates a duty". In short, people who owned companies, large plots of land, or other infrastructure were expected to spread their wealth by creating jobs.

Nowadays, the spirit still lives on somewhat in the fact that we have free public scenic hiking trails through what looks like very expensive private property. When the land was privatized, the government made it a condition that the hiking trail would remain for the general public to enjoy, and so it did.

I believe Vietnam still has a similar system, too, in that the government will calculate how much jobs a foreign company needs to create, based on their annual revenue. It's one of the reasons why Korean milk tea shops tend to be crammed full with 10-20 schoolgirl employees.

Re: Agatha Christie could afford a maid and a nanny but not a car

#206
post #174
post #92

Earlier quoted context omitted.

The middle class is just very wide. Essentially anybody who doesn't starve when they're out of work for a couple of months is middle class. Upper class is distinguished from middle class whether you have to work at all. Very few people have enough passive income to afford a ~median lifestyle. Agatha Christie might not fit into middle class, but today a lot of people do.

I've seen an updated definition that kicks in at the time you can take one or more yearly vacations, so basically just doctors, highly paid laywers, highly paid SWEs, and executives.

[deleted]

Re: Agatha Christie could afford a maid and a nanny but not a car

#207

Earlier quoted context omitted.

But expat doesn't automatically mean wealthy.

It does, otherwise they're called immigrants.

Or "backpackers" - which seems to be secret code for: stay away, these people (usually guys) cause more trouble than they are worth.

Re: Agatha Christie could afford a maid and a nanny but not a car

#208
post #61

Interesting that he compares everything that is hard to compare but ignores one thing that would be very easy - rental pricing. You had to pay it then and you have to pay it now. "four bedrooms, two sitting rooms, and a “nice outlook on green.” The rent was £90 for a year." According to one CPI calculator ( https://www.in2013dollars.com ) "£90 in 1919 is equivalent in purchasing power to about £4,951.54 today" and "£…

Indeed, this seemed to indicate that the rent has increased disproportionately. The article mentions that the rent would cost $500 in today's dollars. That's very cheap for 4 bedroom apartment everywhere in western world, especially in London.

Maybe that car was really rubbish by today's standards and technology-wise therefore it is expected that now the real costs have come down. But with apartments I don't think there is that much of an improvement that justify average increase from $500 to $5000.

Re: Agatha Christie could afford a maid and a nanny but not a car

#209
post #174

Earlier quoted context omitted.

I've seen an updated definition that kicks in at the time you can take one or more yearly vacations, so basically just doctors, highly paid laywers, highly paid SWEs, and executives.

They usually never take those yearly vacations since it would mean lost of practice and connections. By this definition, the only people who are rich are young professionals in Western countries who actually take those vacations and go on year-long travel through South America, for example.

I think he meant "one or more vacations per year" not "one or more years long vacations" (it also confounded me when skimming)
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