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Variations of this question go through my mind daily:
1) How does THAT guy afford THAT house when I know he likely doesn't make much and his wife doesn't work?
2) How does this person who I know works retail drive a $60,000 Audi?
And on and on.
One thing I've come to learn is that most people actually cannot afford the things they have. One only needs to look at the average debt balance of Americans to figure it out. Car loans, high interest credit cards, variable interest mortgages, etc.
Another way to look at it is that those people who live above their means or in a very high COL city like Seattle, L.A., Miami, probably don't have much, if anything, saved. The statistics about savings rates in the U.S. back that up.
You never know where money comes from in their personal lives. They could be very frugal in their lives and splurge on things that last for decades, like a house. Their relatives could give them money every month. Stock market, side job. Inheritance from a will.
Ironpony: Please watch this short video of Howard Libov. He directed "S. Central Rain" for REM. I met him in Atlanta. He is now a professor and teaches film.
Well some say I should just learn filmmaking where I am at, and try making a feature film and releasing it, cause then I can get exposure that way, and hopefully future jobs, rather than moving and hoping to learn under others in a more costly city, and hope to get jobs that way. Would that be better in some ways then?
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