Earlier quoted context omitted.
Yes. when I lived in Sweden, I noticed that Swedes in general have less stuff. Smaller housing, fewer cars, less ability to buy stuff, and even go out. The average engineer salary was almost half (about 60%) of those in NYC and SF, while prices coffee/going out in Stockholm were almost the same as in NYC. Rent prices were lower though. But, their quality of life seemed higher overall. Less stressful in general, more…
Also, social control is quite a bit stricter in a lot of (especially northern) european countries compared to the US. Showing one's wealth is in bad taste, and bragging about status is considering being an outlier. This is slowly changing (since about the 80's) but prior to that, showing off your middle class wealth as a status indicator was frowned upon in certain circles. especially considering the hardship most pe…
I was raised in the USA and I was raised that showing one's wealth is in bad taste. In fact I think most of the midwest feels similar. I still do. The point of money isn't to show it off, it is to put it to good use.