Interesting thread on reddit. Any thoughts?
#1
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Joined: Jan 2015
Posts: 3,520
Interesting thread on reddit. Any thoughts?
Is DXB just too expensive for 30 somethings?
https://www.reddit.com/r/dubai/comme...30_somethings/
I posted a few times (yeah, you can find me too easily, mea culpa). But wondering what the good folks of this board might have to say, based on your experiences in the UAE?
Is what we pay to live in the UAE (rents, cost of living) worth the money?
What percentage of western expats leave the UAE financially better off, mildly better off or not better off at all? If I had to hazard a guess I'd say a third in each group.
https://www.reddit.com/r/dubai/comme...30_somethings/
I posted a few times (yeah, you can find me too easily, mea culpa). But wondering what the good folks of this board might have to say, based on your experiences in the UAE?
Is what we pay to live in the UAE (rents, cost of living) worth the money?
What percentage of western expats leave the UAE financially better off, mildly better off or not better off at all? If I had to hazard a guess I'd say a third in each group.
#2
Banned
Joined: Oct 2015
Location: Luton
Posts: 1,162
Re: Interesting thread on reddit. Any thoughts?
Unless i am on 60k plus a month, my kids will not be raised here.
#3
Re: Interesting thread on reddit. Any thoughts?
I'm a 40 something and find I can save far more here than I could living in Europe (or Singapore). no kids though so that helps
#4
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Re: Interesting thread on reddit. Any thoughts?
The reason your saving so much is because you need a smaller apartment and have no school fees. The two most expensive items in the UAE (Schools and Accom)
#5
Re: Interesting thread on reddit. Any thoughts?
Money just keeps corrupt bankers and governments (UK Included) in million dollar bonuses. Screw them all and live off grid trading "stuff".
#6
Re: Interesting thread on reddit. Any thoughts?
Oh, and £9 a pint, and £6 for a McDs....
Tax free? I think not.
Tax free? I think not.
#7
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Location: Of all the gin joints, in all the towns, in all the world, she walks into mine
Posts: 13,112
Re: Interesting thread on reddit. Any thoughts?
Bit of a meaningless thread, because there's a huge range of 30-somethings. It all boils down to the same equation: life's like a shit sandwich, and the more bread you have the better it tastes (or, alternatively, the less shit you have to eat).
#8
Re: Interesting thread on reddit. Any thoughts?
No shittttttttttttttttt - your no different to a 20 year old. Maybe saving more because your not partying and chasing Ukrainian crew girls.
The reason your saving so much is because you need a smaller apartment and have no school fees. The two most expensive items in the UAE (Schools and Accom)
The reason your saving so much is because you need a smaller apartment and have no school fees. The two most expensive items in the UAE (Schools and Accom)
school and rent is the killer here
if I was living alone here I would definitely save a lot more....there would be a lot of walk of shames involved as well but yeah still worth it if i was living alone but to be honest I cant imagine living without the kids
I like some of the points made in that thread. Free schooling (good decent schooling) is a priority for any major city if it wants itself to be taken seriously as a place to live permanently. Same goes for free healthcare as well. Everything is focused on taking money from you but I really cant see anything focused on giving back to you too much. Agreed that the clean roads, good security situation, non-stop provision of water/electricity is there but that is available in all Major cities of the world.
I think the second point about middle class families coming in and moving on after a few years only to be replaced by fresh ones is crucial in what is keeping most of it running here.
#9
Re: Interesting thread on reddit. Any thoughts?
They can always leave if the economics don't work for them. No one forces them.
Try renting in London and buying a season ticket from (say) zone 6 to the city. Suddenly, the 90k GBP job (which lets be honest most do not have) after taxes,rent and travel costs suddenly looks a lot less appealing.
Remember, we all left years ago - it is not uncommon for rent to be 50%+ of UK take-home salary these days. And the number of renters has rocketed in recent years.
UAE gets expensive only when you have kids. If you more than two, the economics become very difficult. Less than two, I think you'll better off here. Two is the inflection point for most.
Anyway, every year for the last 8 years I've heard people leaving due to the cost of living. When you come only for the money, the costs become the sole focal point.
Try renting in London and buying a season ticket from (say) zone 6 to the city. Suddenly, the 90k GBP job (which lets be honest most do not have) after taxes,rent and travel costs suddenly looks a lot less appealing.
Remember, we all left years ago - it is not uncommon for rent to be 50%+ of UK take-home salary these days. And the number of renters has rocketed in recent years.
UAE gets expensive only when you have kids. If you more than two, the economics become very difficult. Less than two, I think you'll better off here. Two is the inflection point for most.
Anyway, every year for the last 8 years I've heard people leaving due to the cost of living. When you come only for the money, the costs become the sole focal point.
#11
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Joined: Oct 2015
Location: Luton
Posts: 1,162
Re: Interesting thread on reddit. Any thoughts?
Edit
oh and chasing blonde Russian Crew Girls. That drives me, they cost money.
Last edited by iggle; Aug 2nd 2016 at 9:35 am.