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Old 10-09-2019, 07:39 AM   #12
Join Date: Nov 2007
Posts: 253
Actually i purposely left housing out because i wanted it to be a "fair" comparison. Like u mentioned, ppl tend to buy bigger and more expensive houses. But u are right, perhaps i should have included housing in my calculations. 😢

It's simple, because you forgot to take into account housing.

A lot of young people like to overspend on housing, buying a much more expensive house than they can afford to.

But then again, housing is still the killer, In your above example if the person buys a 4-room flat at 400k, and shares co-pay 200k with his other half, his OA would be wiped.

Also, there are quite a % of people whose salary never gets pass $3000 throughout their lives.
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