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Topic: I went London i have questions now the wealthy life there (Read 451 times)

legendary
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My question is are people actually that rich or they just to like to show off ?
One day I was driving in the largest city in my country,  I passed the streets and malls. I was driving my lil nephew around the cities, he needed some Chokocho ice cream and I bought for him with an amount that is equivalent to 60 cents and we continue the journey until we met a certain residential area in an estate. My nephew needed such ice cream again and it was tagged as amount equivalent to $4 and people were happily buying.  But I refused to buy, instead I drove back to the former store where I bought for 60 cents.  That was the day I knew the difference in environment.
Op, you simply visited a very wealthy place where people's problems are no longer food, shelter and clothing.
legendary
Activity: 2366
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A country is made up of good people and bad people. But London is a developed place.  Because UK is a developed country. However, as the income in London is high, so are the expenses. Everything is expensive there. To survive in London you have to be smart and hardworking. Don't think that all Londoners own a rolex royce. You have seen one side of the coin, but not the other.

Yes, I agree. London is a developed country so the life of this country is totally different from developing or underdeveloped countries. The lifestyle of London people is too much expensive. Because of that reason, the people of London need to earn as much as they can so that they can bear their living costs. People who live in London are hardworking. That is the reason they can do anything for their survival. Sometimes it's not easy but they are trying their hard and soul.
hero member
Activity: 2002
Merit: 534
I went London 2 days Ago i was in central London and Kensington area.
I went out Also shopping and harrods.
I have questions....like how it's possible wealth are everywhere you can literally smell the smell of money and Wealth i been traveling many places....and i haven't seen this kind of happy life people was in coffe shops Everthing happy and wealthy.
To be honest i fallling love with central London the vibe there was so good and people so happy and wealthy.

What's the business they are in ? I mean i did not seen any Crisis i been told that UK are in Crisis i did not seen crisis all i saw was just abudamce and i spoted in 30min at least 10 Rolce Royces...and not just average but custom made versions.
I was surprised in stores i could not even move it was full of people crowded all over... What Crisis in UK ?
People who live Actually in UK can you explain to me ?
Are the wages are good in UK ? Becouse this kind of wealth not Even in new york i been in NYC there is a lot visible poverty and homeless people the streets not looking like it's some wealth paradize compared with London UK Also i been in Canada cities they are Nice but the huge wealth doesn't flash out like London i mean in London it's grazy how much wealth you gona see it got me thinking Are UK London living standard are higher than other countries?

My question is are people actually that rich or they just to like to show off ?

London is awesome, every time I go there it's a lot of fun and I have a great time. Spending a long weekend over there and enjoying the atmosphere is great, they have so many different bars, restaurants and clubs. If I were young again, I would have liked to live and work for a while in London. First of all, London is very different from the rest of UK, just go to a random city up North or the West and you will see the difference very quickly. Living expenses are so much higher in London, which is why many people live outside of the city centre. With all the big train stations, there are so many commuters coming in every day just to work in the city. Most jobs I think are in the service industry, but there you won't make enough money to buy a property in the city and go to all the fancy stores. Many of the luxury stores are for the super-rich people and are not meant to be for the average consumer. A lot of billionaires have apartments in London and you will see their cars on the streets or when they go out at night. There will be a few people that like to show off in London, but there are definitely a large number of high-net-worth individuals that live and work there. London is very open and has good laws for foreign citizens.
sr. member
Activity: 742
Merit: 275
You would pretty much find the capital city of most countries of the earth to be filled with good vibes, happy and wealthy people. You’ll find that in most capital cities of various countries, it’s not entirely cheap to generally live there so you should expect to see sights like that.

People are different and therefore, have different tastes and preferences on how to spend their money. You coincidentally happened upon several scenes where wealth was displayed in London and automatically had the opinion that the standard of living in the UK is much higher.
sr. member
Activity: 182
Merit: 120
I have only seen this happened on media sector, they hardly show areas with poor infrastructure, poor citizens but rather we get to see the clean and fancy cities when showing developed countries. When you get to rich cities in UK the lifestyle there looks expensive and definitely things are expensive, you should take time to visit UK often if you're so curious to know or rather visit other cities then you'll find out that not everyone can live to such high standard . It's obvious when you visited the city you came across wealthy people cause an average citizen in UK can't live in an expensive city with high standard.
sr. member
Activity: 364
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I went London 2 days Ago i was in central London and Kensington area.
I went out Also shopping and harrods.
I have questions....like how it's possible wealth are everywhere you can literally smell the smell of money and Wealth i been traveling many places....and i haven't seen this kind of happy life people was in coffe shops Everthing happy and wealthy.
To be honest i fallling love with central London the vibe there was so good and people so happy and wealthy.

What's the business they are in ? I mean i did not seen any Crisis i been told that UK are in Crisis i did not seen crisis all i saw was just abudamce and i spoted in 30min at least 10 Rolce Royces...and not just average but custom made versions.
I was surprised in stores i could not even move it was full of people crowded all over... What Crisis in UK ?
People who live Actually in UK can you explain to me ?
Are the wages are good in UK ? Becouse this kind of wealth not Even in new york i been in NYC there is a lot visible poverty and homeless people the streets not looking like it's some wealth paradize compared with London UK Also i been in Canada cities they are Nice but the huge wealth doesn't flash out like London i mean in London it's grazy how much wealth you gona see it got me thinking Are UK London living standard are higher than other countries?

My question is are people actually that rich or they just to like to show off ?
All the countries you mentioned here are very developed and prosperous in my view. We always hear positive things about all these countries, they have never faced financial crisis. You can never judge the rich or the poor by looking at a person. There are many people who have a lot of money but they don't think about their clothes. They are very rich because they love to live a very normal life. There are many people whose behavior is very advanced. They are always in a lot of confusion. There are but in reality they are not very rich so a person can never be judged by looking at the outside whether he is rich or poor.
hero member
Activity: 1834
Merit: 720
Our view of a place is often influenced by the ideal image or stereotype we receive through the media or stories from other people who have visited there, for example the OP admired her holiday in London. But in reality, every place has its own good and bad sides.

And London is not as beautiful and nice as we imagine and what other people tell us, and the area where we live is not as bad as we feel. Because behind the luxury in London, it is possible that there are some of its citizens who live on the poverty line, full of suffering and many whose lives are marginalized by the harsh and expensive life there. Remember, the capital is crueler than the stepmother...hihi

Therefore, it is quite important to understand that there is not a single place in this world that is perfect, but only seems perfect. We need to see this not just from one point of view, and by taking a realistic view of a place, this can help us understand the dynamics of life and social society well.
legendary
Activity: 2478
Merit: 1360
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My question is are people actually that rich or they just to like to show off ?

Usually the latter. According to surveys, the average household in the UK has £12,500 in savings, but a quarter of households only have 2k.
With the average salary per year being £33k, most families have only 4 months of their monthly wage saved up. That's very little, which means they're just your normal spenders.
For instance, I have about 250 monthly salaries saved up in fiat money + a hundred times more in bitcoin and I don't consider myself wealthy. When you see wealth everywhere, you're either from a poor country, or you're surrounded by showoff spenders who live on credit.
full member
Activity: 2170
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when you see a wealthy country… more often than not people think that everyone is rich and is doing well but actually even a very small percentage will show you that there is still some poverty they are just not of course lingering within the wealthy ppl

what you need to understand is that when a community or an area is rich, you probably won’t be there if you’re poor meaning to say probably a lot of people you saw already had money whether they are actually born and raised in london or not maybe they have their family companies that brought them to this kind of lifestyle

rich people often flock towards where other rich people are making it seem like the nation is doing really well but of course off the grids there are stories we do not know
sr. member
Activity: 1358
Merit: 259
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When it comes to wealth, it's not just about who has the most fancy cars and yachts. It's also about how well the average person is doing. Places like Switzerland are known for their strong economies and high quality of life, which is pretty sweet. Sure, London might have the royals and some seriously impressive architecture, but it's also a city with its own unique mix of people and challenges. It's like everywhere else, really – a blend of the good and the not-so-good.

Looking at just one number, like GDP per capita, can give you a sense of a country's wealth, but it doesn't tell the whole story. Luxembourg might be high on that list, but it's a small country with a booming financial sector, so it's not quite an apples-to-apples comparison with other places. The UK is definitely a fascinating place with a rich history and a big heart when it comes to helping others. But like anywhere else, it's got its own set of issues to deal with too.
sr. member
Activity: 1680
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You can visit poor countries and still see the same lifestyle. I am from a poor country and there are some areas in my city where people pay hundreds of dollars in fancy restaurants, show up with very expensive cars and etc. You won't believe but in a country with an average 400$ a month salary, almost everyone owns iPhone. But when you visit their houses, you'll be amazed when you see how poor they look inside. Don't be amazed when you see that kind of lifestyle in London but always remember that that's not how everyone lives. Those people have such a good life because other people work very hard to earn money to buy food and feed their families, provide them with basics. You won't see this part of people in a central square with a Ferrarri.

I understand what you mean about poor countries but this is London he’s talking of. I think I didn’t really emphasize enough on how big London is. Imagine that there are places in London where people spend £3,000 to £4,000 a month just for what they call a studio apartment. So imagine a place where luxury exits so much, you shouldn’t be surprised or think otherwise if you see someone who looks wealthy. No one really cares about the iPhone you’re using there because there are wealthier people than those who even rush to buy it.
hero member
Activity: 2352
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I went London 2 days Ago i was in central London and Kensington area.
I went out Also shopping and harrods.
I have questions....like how it's possible wealth are everywhere you can literally smell the smell of money and Wealth i been traveling many places....and i haven't seen this kind of happy life people was in coffe shops Everthing happy and wealthy.
To be honest i fallling love with central London the vibe there was so good and people so happy and wealthy.

What's the business they are in ? I mean i did not seen any Crisis i been told that UK are in Crisis i did not seen crisis all i saw was just abudamce and i spoted in 30min at least 10 Rolce Royces...and not just average but custom made versions.
I was surprised in stores i could not even move it was full of people crowded all over... What Crisis in UK ?
People who live Actually in UK can you explain to me ?
Are the wages are good in UK ? Becouse this kind of wealth not Even in new york i been in NYC there is a lot visible poverty and homeless people the streets not looking like it's some wealth paradize compared with London UK Also i been in Canada cities they are Nice but the huge wealth doesn't flash out like London i mean in London it's grazy how much wealth you gona see it got me thinking Are UK London living standard are higher than other countries?

My question is are people actually that rich or they just to like to show off ?
You can visit poor countries and still see the same lifestyle. I am from a poor country and there are some areas in my city where people pay hundreds of dollars in fancy restaurants, show up with very expensive cars and etc. You won't believe but in a country with an average 400$ a month salary, almost everyone owns iPhone. But when you visit their houses, you'll be amazed when you see how poor they look inside. Don't be amazed when you see that kind of lifestyle in London but always remember that that's not how everyone lives. Those people have such a good life because other people work very hard to earn money to buy food and feed their families, provide them with basics. You won't see this part of people in a central square with a Ferrarri.
legendary
Activity: 3542
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You went to one of the biggest cities of the world and the financial hub of England. They house many of the richest companies and people in the world.

London is also a shopping tourist destination for rich people from other countries too, so not all those people you see there are from London.

Most people are exited when they are shopping ... so it's natural that they would look happy. (A lot of them are knee deep in debt and they cry at home)
member
Activity: 196
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You can't compare with Ronab because all the rich elites live there and the economy and everything is developed.  With the current state of the economy in London everything is going on in football and cricket and everything depends on your money.  Currently if you consider London we have Bangladesh or low admission countries like India.  If you discuss them, you will see that there are many of them in India Bangladesh because they have to suffer a lot to get a handful of food.  In that case the cost of a Londoner living like one day in London is equal to the cost of a common man in Bangladesh for a month.  He never compares London to others, so it is natural that London life will be a bit civilized and beautiful.
sr. member
Activity: 1554
Merit: 334
The people you saw is very much the minority of the population. For every one of those guys there are tens of thousands who don’t have that much money & success. Try to be happy for what you have, there are a lot of people much worse off. Money doesn’t make you happy, material goods won’t help you be happy.
Exactly, and OP probably hasn't even been to some parts of the country that's got a lot of problems like muggers and roadmens, once OP settles in there, him falling in love with the country is definitely going to fade away and it's weird too that he's fallen in love with such a country when every Brit that I've talked are trying to get out because the weather there is rainy and there's not a lot of colors in the sky, most of the time it's gray but I could be biased about London because all I see about that city is negative, maybe there's something to love about them. Also I feel like OP is a rich person because London is such and expensive city right? And there's no way that he could see those opulent stuff without being able to afford it.
sr. member
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I don’t think that they are trying to show off. If it’s in the US, I may decline to answer or say that it could be show off but I think that what you saw is actual wealth. Also, don’t forget the fact that London is not a small place. It is wealthy and filled with different kinds of jobs. If you’re still there, ask the cost of getting an apartment and you’ll know that these people aren’t kidding there. But then know that there are places you’d go in the UK and you’d rather stay in your country or won’t believe it’s actually there.

and everyone probably knows that the UK is one of the richest countries in the world, they are known when it comes to fashion, expensive lifestyle, so it's no wonder if you see local citizens there who dress lavishly even on normal days. The cost of living is high if you live in that country but they also pay a lot for the people who work there so it's really just a balance. That is no longer surprising in countries that are in the 1st class country and because they are well managed so all the taxes paid by the citizens go to the right place.
sr. member
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I don’t think that they are trying to show off. If it’s in the US, I may decline to answer or say that it could be show off but I think that what you saw is actual wealth. Also, don’t forget the fact that London is not a small place. It is wealthy and filled with different kinds of jobs. If you’re still there, ask the cost of getting an apartment and you’ll know that these people aren’t kidding there. But then know that there are places you’d go in the UK and you’d rather stay in your country or won’t believe it’s actually there.
full member
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The world throws shade like nobody's business. Fancy cars and bubbly bars in one part of town don't mean everyone's livin' large. Even in countries like the UK, with their supposedly rock-solid economies, folks still struggle to make ends meet. Stats can be tricky – they paint a pretty picture but might miss the cracks in the foundation.

Your friends in the UK might be better off financially than they were back home, but the price they pay is long hours and stress – sometimes even fainting at work! Crazy, right? Sure, you might not have the fanciest things in your country, but at least you get to spend time with your loved ones. That's worth more than any fancy car, in my book.

The truth is, there's no one-size-fits-all answer to where the "best" life is. Some folks chase the big bucks and fast pace, while others value quality time with family and a chill vibe, even if it means sacrificing some material comforts.
sr. member
Activity: 728
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My question is are people actually that rich or they just to like to show off ?
I do not live in London neither have I been to London. But in the country that I live there are high brow areas and low brow areas just as it is in other countries. The rich affluent and super wealthy always have a place for them in any city of the world.

You can't tell the economic crisis on them because they are the ones who influence major economic policies and lobby politicians to their favor. Therefore they should appear happy because. Some to of these rich people have been able escape paying taxes through some very legal means. So they enjoy it. While the poor are taxed on everything. And if they don't pay, they go to jail.
sr. member
Activity: 728
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My question is are people actually that rich or they just to like to show off ?
I do not live in London neither have I been to London. But in the country that I live there are high brow areas and low brow areas just as it is in other countries. The rich affluent and super wealthy always have a place for them in any city of the world.

You can't tell the economic crisis on them because they are the ones who influence major economic policies and lobby politicians to their favor. Therefore they should appear happy because. Some to of these rich people have been able escape paying taxes through some very legal means. So they enjoy it. While the poor are taxed on everything. And if they don't pay, they go to jail.
sr. member
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"It's not always the gold that counts." And maybe it's just pyrite whose appearance can deceive our eyes because its shine resembles gold. So I say that perhaps what we see regarding the luxurious life seen in London, could be because they are just showing off their wealth. It may be true that there are some of them who have significant wealth, but it does not rule out the possibility that some of them are still experiencing financial pressure and some are even finding it quite difficult to meet their daily needs.

Talking about the economic crisis, social inequality and unemployment, I think this is a problem faced by most communities and countries, as well as life in London, it's just that perhaps the problem is not as difficult and complex as in some other areas.
hero member
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I went London 2 days Ago i was in central London and Kensington area.
I went out Also shopping and harrods.
I have questions....like how it's possible wealth are everywhere you can literally smell the smell of money and Wealth i been traveling many places....and i haven't seen this kind of happy life people was in coffe shops Everthing happy and wealthy.
To be honest i fallling love with central London the vibe there was so good and people so happy and wealthy.

What's the business they are in ? I mean i did not seen any Crisis i been told that UK are in Crisis i did not seen crisis all i saw was just abudamce and i spoted in 30min at least 10 Rolce Royces...and not just average but custom made versions.
I was surprised in stores i could not even move it was full of people crowded all over... What Crisis in UK ?
People who live Actually in UK can you explain to me ?
Are the wages are good in UK ? Becouse this kind of wealth not Even in new york i been in NYC there is a lot visible poverty and homeless people the streets not looking like it's some wealth paradize compared with London UK Also i been in Canada cities they are Nice but the huge wealth doesn't flash out like London i mean in London it's grazy how much wealth you gona see it got me thinking Are UK London living standard are higher than other countries?

My question is are people actually that rich or they just to like to show off ?
There are many rich people all around the world, especially in the UK, that once was almost ruling the world and is one of the most advanced country. The whole world speaks English after all.
Okay, enough. Yes, you saw lots of rich people in the UK but that doesn't mean that there are very high salaries in London or poverty doesn't exist there. No, there are too many people who depend on paycheck each month and don't have enough time to not only buy a car to but have a fun too. Behind the scenes, there are people who work very hard to deliver parcels, work in warehouses and do some shit, unwanted jobs. You won't see this side of London if you walk in the streets because in the streets, rich people have time to flex, not poor people.
legendary
Activity: 2688
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I went London 2 days Ago i was in central London and Kensington area.
I went out Also shopping and harrods.
I have questions....like how it's possible wealth are everywhere you can literally smell the smell of money and Wealth i been traveling many places....and i haven't seen this kind of happy life people was in coffe shops Everthing happy and wealthy.
To be honest i fallling love with central London the vibe there was so good and people so happy and wealthy.

What's the business they are in ? I mean i did not seen any Crisis i been told that UK are in Crisis i did not seen crisis all i saw was just abudamce and i spoted in 30min at least 10 Rolce Royces...and not just average but custom made versions.
I was surprised in stores i could not even move it was full of people crowded all over... What Crisis in UK ?
People who live Actually in UK can you explain to me ?
Are the wages are good in UK ? Becouse this kind of wealth not Even in new york i been in NYC there is a lot visible poverty and homeless people the streets not looking like it's some wealth paradize compared with London UK Also i been in Canada cities they are Nice but the huge wealth doesn't flash out like London i mean in London it's grazy how much wealth you gona see it got me thinking Are UK London living standard are higher than other countries?

My question is are people actually that rich or they just to like to show off ?

Any big capital cities will draw in wealth, what do you mean what business are they in? Every business you can imagine. They're not all selling Gucci handbags, that should be obvious. There are definitely homeless people around the city, but maybe fewer than elsewhere because there are more safety nets. If you go to the richest parts of the city, you will see more expensive cars, it's quite simple. Maybe people, including those from the UK, talk the country down but that is part of it's charm quite frankly. Everyone is just trying to get on and make whatever small fortune they are able to carve out. Taxes are relatively low compared to some countries and if you are sensible with your money you can make it stretch.
legendary
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maybe that part of EU is not really in crisis. they did break with EU years ago and i guess they escaped the crisis and the monarch preserved their wealth. but where in EU  has the crisis so far? i saw the news where there are also lots of crimes and then the farmers are also littering their capitols with pigshit.

you can only see show-offs on facebook but if they are eating out in restaurants then maybe they are really not feeling the crisis. even eating in mcdonalds today is a luxury.
sr. member
Activity: 728
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I went London 2 days Ago i was in central London and Kensington area.
I went out Also shopping and harrods.
I have questions....like how it's possible wealth are everywhere you can literally smell the smell of money and Wealth i been traveling many places....and i haven't seen this kind of happy life people was in coffe shops Everthing happy and wealthy.
To be honest i fallling love with central London the vibe there was so good and people so happy and wealthy.
Its no magic you see the people seem happy there, that's because they have a system in place that works, the laws works, same can happen in those other societies you said you have been but not seen such kind of happy people if their system is a system that is capable of holding administrators, those elected in the position of political authorities accountable for misappropriation and inefficiency in discharge of responsibilities then there's no way the people won't be happy in like manner as North London you visited.

When a system is obviously corrupt it's affects the living conditions of the society leading to unhappy and strain conditions. Wherever you see citizens are happy, always take a look into their political economy
full member
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What you saw in London is the evidence of a good leaders in charge because, it take good leaders to make such nation to work perfectly and to put things in place that will be attracting other countries to come and feel the environment like the way you leave your country to see what is happening to developed country.

I don't know how many days or weeks you spend before going back to your country, assuming you spend like 1 year or some months, you would have see many opportunities in that environment where their investors are making huge amount of money from to invest in other countries of the world.
legendary
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I mean i did not seen any Crisis
There's so much misinformation (or just plain wrong information) being circulated as to the state of the economy that you'd be better off just watching prices and noticing how many people you know have jobs.  The financial press are worse than meteorologists trying to predict the weather one week out.

And OP, glad you had a good time in London.  I've never been there, but I've been to NYC and have seen a mix of wealth and absolute poverty occupying the same streets--large cities with stock exchanges tend to have that characteristic, though being homeless in New York has got to suck, given how cold it can get.  Not sure about London.

OK, I did see that link from tyz but I still don't know whether to believe it or not.  I keep hearing mixed stories about the US economy, and yet aside from inflation everything is far better than it was just over 10 years ago.
legendary
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Troll account aside, every single nation in the world has a rich area, that's where people who are rich get together, they do pay overpaid stuff just so they could be with other rich people. I have always seen "how could someone pay 40 dollars on just an avocado toast!" type of stuff, but that is not the price you pay for the toast, it is the price you pay so that you can be at the same place as others who can pay for it, that is the point.

This is why those rich places exist, so that rich people could go somewhere without caring about what others think. That doesn't usually end all that well because when you get used to it once, then you are hooked and it is a costly habit, so if you lose some money, it would be hard to not be there.
sr. member
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A country is made up of good people and bad people. But London is a developed place.  Because UK is a developed country. However, as the income in London is high, so are the expenses. Everything is expensive there. To survive in London you have to be smart and hardworking. Don't think that all Londoners own a rolex royce. You have seen one side of the coin, but not the other.

Yeah, there is no country that doesn't have the less privilege but let those that can't afford daily life obligations not be higher than the ones that can afford that's what shows that a country is developed. In London though things are very expensive over there but yet citizens have good sources of income so the cost of living doesn't really affect them because as they're spending more they are also earning more so there's no way one cannot survive in that kind of environment.

No developed country just woke up over night and got their achievement as it took them time, years and most of their resources before they were able to succeed and one important thing a country need to have is vision because it helps such a country to work in accordance with their vision and proffer possible means to make that vision become a reality. It's just very unfortunate that most world leaders in the world today seem not to understand the need to manage the resources of a nation judiciously and bring about development that would  enhance the socio-economic well being of their country.
tyz
legendary
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So far as I know, there is no report that there is a major crisis in London, UK, right now.

Well, there are a lot, e.g. https://edition.cnn.com/2024/02/15/economy/britain-falls-into-recession/index.html

@OP:
You have to separate London from the rest of the country. These are two different worlds. London itself is the largest financial center in the world after New York, so a lot of money and wealth is concentrated there combined with low tax rates. If you drive an hour north, you will see a completely different picture, especially in the former industrial cities of the UK.
hero member
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Yeah bullllsshitttttttttt!
Find me this place in London or Paris:



Agree with the idea, but you should not talk too fast for Paris...  Grin
hero member
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Not only in London but in every city you'll see rich people and poor people. It's totally a wrong assumption that you have made after visiting to a city of UK. I know that in some cities majority of people can be rich but that doesn't mean that there's no poor people.

Even the maids that you see in the houses of the rich people are good examples for you. You'll see poverty when to talk to them. Most of them work day and night to earn some money from those rich people and it's quite hard for them to manage a good standard of living with what they earn.

Cost of living is always high in wealthy nations and thus most workers who get paid in good sums will end up paying that money for purchasing food, paying rent and bills. So it's not really a good way to judge a city's or a country's wealth by looking at the rich class.
legendary
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Are the wages are good in UK ? Becouse this kind of wealth not Even in new york i been in NYC there is a lot visible poverty and homeless people the streets not looking like it's some wealth paradize compared with London UK

No, you've just never been there and as in all youth topics started by all your ALTS! you're just lying!

For those that really care there are reddit subs that actually have their fun on spotting cars, and some places in which they do are some you would never think of or never knew of their existence, there were a fee pics of a Starbucks parking lot with 2 McLarens and a Bugatti, and everyone was just like, chill, we all know, call us when there are more than they were made in all existence!

Also you're mistaken what city centers represent for each country!
Not every country goes the same way as Europeans one having the wealthiest live in city centers, there are a ton of suburbs who have a higher wealth per capita even that of inner city Manhattan,  Scarsdale has triple the average wage per capita compared to it.

I'm not from UK, but I guess that even if you visit the slums of London it will look similar to a middle class neighbourhood from a third world country. The fact we get surprised by all the wealth of a city like London is due to being used to the reality of our native countries where poverty, misery, dirt and thieves are lurking everywhere, including central, touristic areas.

Yeah bullllsshitttttttttt!
Find me this place in London or Paris:


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Glad that you have seen brighter picture which doesn't speak for whole region or country because you will find such localities in even country including war torn nations. I have worked for UK based companies and interacted with consumers and I have seen other side wherein people are struggling with their pension with increasing inflations and ever increasing gas and electricity tariffs, etc. Every country has posh locality but that doesn't represent entire nation.
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So far as I know, there is no report that there is a major crisis in London, UK, right now. Now, if you ask me if it is easy to survive there in that country, I think if you are not strategic, you will have a hard time surviving there. Because the cost of living there is too high now.

Properties and rentals are also expensive in London, and you know that. But there are many opportunities that you can find there that will suit your career.

Dear, You raised good points here. Besides all that, there are a lot of factors which include high taxes. People have to pay many taxes like Property Taxes and yearly Taxes on what they have earned. To avoid paying taxes many people use shortcuts. They do not store any financial records online so that they may track and pay taxes. They only store only less financial records online in this way they do not have to pay any taxes. They receive hard/physical money as payment.

I have heard many stories of uk where international students are only allowed to work twenty hours a week I do not remember exactly but when they have done the recorded work they do overwork where they receive hard/physical cash only. in this way, they can easily meet their personal expenses and avoid taxes.
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A country is made up of good people and bad people. But London is a developed place.  Because UK is a developed country. However, as the income in London is high, so are the expenses. Everything is expensive there. To survive in London you have to be smart and hardworking. Don't think that all Londoners own a rolex royce. You have seen one side of the coin, but not the other.
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I think if you visit the city center, all city centers throughout the country will show the same appearance, I mean you have to look at other parts of the city, not like the capital, whether development and what you say are rich and happy people are found in other parts of the city or not.
you just look at the capital and conclude everything is fine.
even a company that is about to go bankrupt can hide its situation.
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Do you think that the poorest countries in the world have no rich people in them? They do, you can find a lot of rich people even in countries with poor economies and countries that are ranked very low when it comes to their GDP and other economic stuff have extremely wealthy people, and for those wealthy people, there are different places in every city where you will only see things that you've seen in central London, wealth all around, people with smiles and happiness on their faces, luxury shops and roads and everything look shiny and beautiful.

However, within the same city, there will be places where people might not have a meal twice a day because of a lack of jobs and earning opportunities. Whatever they earn isn't enough to sustain the expenses for a whole month because of inflation.

So, there are always two sides of a coin, you will only see the other side if you flip it.
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That is why some people said they traveling is a part of education and it is also good to change your environment for better so therefore traveling to a country that you don't know the nature of their environment it will cost you more harm because the rate of their surviving might not be the rate of your own survival in your own country so it is better to study the environment you are going to, very well before you travel to that place so that you can cope with the Environmental condition of the place, when you go to some countries in mighty spend lesser than what you are spending in London also in Canada so it depends the kind of environment or country you find yourself before traveling to any country to experience the kind of life they are living and the cost of their commodities.
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Well... Your expressive excitement is just being justified around the spheres you have visited because you must talk about the wealth living in life including the countries with luxurious lifestyles with a high level of rich people in the pace, then you must consider Monaco for the to most accumulating Billionaires and millionaires within the residencies and then you counts Switzerland secondly before you could talk about the London.
One special thing with the architect in London is that it produces the most famous royal family in the world with with high rated beautified landmarks.
And if you must talk about the richest world country then you just consider Luxembourg the highest which is rated with over 25% of their GDP in an economic strength of financial sector.
Specifically, UK is a one best attracting place to be most on the purposes of humanitarians.
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Tourists go to London to shop and buy things that are not found anywhere but there, so they prefer luxury goods, but how did you know that people are rich there? Does sitting in a cafe or buying a bag for 2000 dollars make you rich? I know friends who spend two weeks in London for an average of 7,000 to 15,000 dollars, and this is not a large amount, as it is an amount you can save in less than a year with the average salaries here.
Rolls-Royce cars are not a sign of wealth as you can rent some of them or some rich people want to go shopping.
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My question is are people actually that rich or they just to like to show off ?

You may be just changing the ambiance and how life in London is, depending on the limited city you have been to and for sure it is still tourist spots. The cities in each country live differently, there is a so-called rich city which is very far from their lifestyle compared to those in the province are, although United kingdom is in the top richest country, we know that the cost of living there is not just the typical cost of living in other country and they will need to work at least 1-2 jobs to cover their expenses. London is also known for its high fashion brands and styles, I have a few friends who are currently living in London and after months of living there, they changed a lot, like extravagant and elegant changes because they have to align their dress code and lifestyle in the city they live in.
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So far as I know, there is no report that there is a major crisis in London, UK, right now. Now, if you ask me if it is easy to survive there in that country, I think if you are not strategic, you will have a hard time surviving there. Because the cost of living there is too high now.

Properties and rentals are also expensive in London, and you know that. But there are many opportunities that you can find there that will suit your career.

It's easy to survive in London because no matter the high cost of living over there, there is also high employment rate and good payments so as you're earning higher that's also how your expenses would be higher but whichever way it is let the income be coming then even if you spend huge and live a good life I think it's the dream of every one to live in a comfortable environment that the atmosphere is filled with people who are happy and succeeding and i must tell you that London is one of the most beautiful places in the world.

When a nation plans very well, then developments and huge achievements awaits them so I believe that the government of London really made good efforts to make London what it is today and any country can achieve even more than London if they make good use of their natural resources and invest more on human capacity development and in less than no time, such country would really grow "thicker skin" as an evidence of good and healthy living.
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I'm not from UK, but I guess that even if you visit the slums of London it will look similar to a middle class neighbourhood from a third world country. The fact we get surprised by all the wealth of a city like London is due to being used to the reality of our native countries where poverty, misery, dirt and thieves are lurking everywhere, including central, touristic areas. At same we don't have much notion of first world countries' daily life, getting really surprised once we see it for real, people from these countries also don't have notion of the third world countries' reality, and may get shocked if they see it for real someday.

Probably OP didn't see only tycoons on his journey through London, but the fact even the average citizens walk dressed in quality clothes and display good manners in public already gave the impression they were wealthier than they really are on the eyes of someone who isn't used to this reality.

The point is that living standards are totally different. The poorest citizen from a third world country isn't on the same level of the poorest citizen from a first world country. Better to be the poorest inside a rich country than an average inside a miserable country.
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I'm not from London. Neither have I been there, but I guess you can't accurately measure the country's economic well-being by going into its central part, especially not in London. Business normally thrives in such areas. Those who have the money are the ones going there. Tourists flock there.

Also, it seems this isn't the kind of recession that's extremely worrisome. An economic decline has, in fact, been expected, although the recent numbers surpassed expectations. But the decline appears moderate and is very much manageable.
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If you go to the poorest nation of this world but where rich people gather then you would think the same, am I wrong about the poverty in this country?

But if you want to know the real situation then meet some working-class people and ask if their situation is getting better or if they struggling financially. Poverty exists everywhere so does this rich too, so you can see rich people everywhere in this world and some just pretending to be rich as well.
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My question is are people actually that rich or they just to like to show off ?
It depends on the place you stay there. When you visit a tourist spot, the people around you tend to showcase only the positive and prosperous aspects of their lives. They highlight the beauty of their country, and everything seems perfect. However, the reality is that even in big cities like London, there are people who struggle with their day-to-day lives.
STT
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I know lots of people in London really struggling to pay the bills, its a giant city and there are plenty of quite poor people there due to high costs in an expensive city.     The clue as to what makes London rich is trade, lots of trade occurs there and especially finance is a big business in London.   Sterling is one of the worlds oldest existing currencies and there is a lot of historic business occurring in related trade from long established trade, insurance is a big deal for example thats what I would recommend to investigate wealth.
  Of course not everyone is wealthy not even close to that situation; this is a city that has definitely benefitted over many years of establishment, part of that now long term historic benefit would be tourism.
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I went London 2 days Ago i was in central London and Kensington area.
I went out Also shopping and harrods.
I have questions....like how it's possible wealth are everywhere you can literally smell the smell of money and Wealth i been traveling many places....and i haven't seen this kind of happy life people was in coffe shops Everthing happy and wealthy.
To be honest i fallling love with central London the vibe there was so good and people so happy and wealthy.

What's the business they are in ? I mean i did not seen any Crisis i been told that UK are in Crisis i did not seen crisis all i saw was just abudamce and i spoted in 30min at least 10 Rolce Royces...and not just average but custom made versions.
I was surprised in stores i could not even move it was full of people crowded all over... What Crisis in UK ?
People who live Actually in UK can you explain to me ?
Are the wages are good in UK ? Becouse this kind of wealth not Even in new york i been in NYC there is a lot visible poverty and homeless people the streets not looking like it's some wealth paradize compared with London UK Also i been in Canada cities they are Nice but the huge wealth doesn't flash out like London i mean in London it's grazy how much wealth you gona see it got me thinking Are UK London living standard are higher than other countries?

My question is are people actually that rich or they just to like to show off ?
For those at the top of the economic ladder there is no crisis, as even when things are going on the wrong direction they can still make a lot of money, so it is natural that if you go to the capital of one of the richest countries around the world and you purposely visit the richest part of it, you will find that luxury is everywhere, if you actually took the time to visit more cities there, you will find out many average people just struggling to survive, as you would do if you visited any other country around the world.
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The average salary in the UK is £29,600 per year, or approximately £2,334 per month

Wages can vary significantly depending on the industry and level of experience. In London, average salaries are significantly higher than in the rest of the country, at £44,370.

London does have a high standard of living, but it’s also one of the most expensive cities in the world. The cost of living in London is up to 58% more expensive compared to other urban areas of the UK. So, while wages are higher, so are expenses.
https://www.expatistan.com/cost-of-living/london

Some people may indeed be very wealthy, while others may prefer to spend their money on luxury goods and experiences. Appearances can be deceiving, and outward displays of wealth don’t always reflect someone’s financial stability or happiness.
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So far as I know, there is no report that there is a major crisis in London, UK, right now. Now, if you ask me if it is easy to survive there in that country, I think if you are not strategic, you will have a hard time surviving there. Because the cost of living there is too high now.

Properties and rentals are also expensive in London, and you know that. But there are many opportunities that you can find there that will suit your career.

For a long time now, I've been aware that living in London is very expensive, especially for someone from a developing country where costs, such as income taxes and house rents, are relatively lower. These aspects are quite challenging in the UK, and if you're earning a good income, you can expect to spend a significant portion of it on accommodation and living expenses. That's one aspect of living in London that I find disheartening, despite the relatively high level of security and the abundance of opportunities available.

As an individual, you can't simply go to London and stay at home, as you'll likely end up accumulating debts. The best approach when moving to London is to settle down and secure a well-paying job, unless you're there for tourism purposes.

In London, you need to work extra hard to enjoy your money, which is quite different from the Middle East, such as Saudi Arabia and the United Arab Emirates. There, accommodations and living expenses are more affordable, and there are job opportunities that cater to your needs, including basic necessities like food, housing, and utility bills.

Given the choice between the UK and Saudi Arabia, I would quickly opt for Saudi Arabia before even considering the UK.

The people you saw is very much the minority of the population. For every one of those guys there are tens of thousands who don’t have that much money & success. Try to be happy for what you have, there are a lot of people much worse off. Money doesn’t make you happy, material goods won’t help you be happy.

And that is why, for me, I believe so much in believing in yourself and self-contentment. Being content with whatever you have at your disposal is the best way to live life. Today, there are people who are ten times richer than you, have ten times larger houses, yet they are not too contented. They are still fighting to make more money, even shedding blood for it. But when you look back, you may find that you are doing better than them in terms of peace of mind.

I think it is very important to live a true life of yourself and not to fake any aspect of life. The truth is, most of the people you see there, maybe just a sizable number or percentage of people in the town, are really working hard to make money in the UK. It's not even funny because sometimes you have to take on multiple jobs to pay bills and live comfortably, maybe even relatively lavishly.

Like every other environment, there are people who want to impress the whole world, even if they are going into a lifetime of debt. You don't want to be like that because you don't want to incur debts that you cannot cover.
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My question is are people actually that rich or they just to like to show off ?

You can't always judge something by how it looks on the outside.  Even though downtown London seems so fancy and rich, that tiny part doesn't show everything going on across the whole city or all the money struggles folks in the UK face and  we gotta remember too that being happy isn't just having a bunch of stuff, and people can get money from all kinds of places, not regular nine-to-five jobs.  Those big paychecks people get in London usually gotta cover some pretty big costs of living too.

Average salary comparison

Quote
The average salary in London is £60.5k. The UK average salary was £42.2k in 2023. Gross average salary is calculated for full-time employees. Employee has to be in the same job for over 12 months. The data collected is Tax Year Ending. The income includes incentive payments and are available for local government districts/counties.

https://www.plumplot.co.uk/London-salary-and-unemployment.html



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AFAIK, there is no part of the world that doesn't have poor people; even first-world countries have poor people who are not living up to the standard of some other rich persons who are really wealthy in that country. If people don't have money, you don't expect them to start loitering around the street and lamenting that they don't have money. Most people can actually be very content with what they have and make themselves feel happy at all times, like they have no worries. 

Just like Fiatless stated, it is in my country too. There are some cities and places you would visit here, and you will not see poor people but only rich dudes who are living life to the fullest, enjoying themselves, and partying more often. 

Also, if the standard of living or economic system in the UK is not the same as in your country, the poor people in the UK may not seem poor to you because of how they are living their lives freely, which is different from how it might be done in your country. Don't get me wrong, but what I mean is that, if you are from a third-world country and have traveled to the UK, you definitely will not expect everything to be as it is in your country.

You have not gone through the whole of London; if you do, you will definitely have answers to your question because, as far as I can remember, during August last year there was an article I read about some people who were homeless in London. 
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if you purposefully go to the rich part of the richest city thats all you will see the, richest part of the richest city

but if you then go to a different city entirely., say blackpool (listed as most deprived in 2023) you will see the opposite

welcome to the rich-poor divide

..
as for news of "falling into recession"
these terms are not about entering a period of recession.. but that the last 6 months have now been designated as being in recession (after the fact)
we wont know if the jan-june period of 2024 is deeper in recession until august, because thats what the "recession-officiating" policy is(retroactive designation)

..
as for NYC
if you go to south of central park. you will see the most expensive houses and the lifestyle of the financial district.
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My question is are people actually that rich or they just to like to show off ?

There are places you will visit in my country and you will argue that nobody is poor. These places accommodate the wealthy and influential people. You would see luxury houses and cars littered everywhere and the bars and shops will be filled with people celebrating and smiling.  But a few distances out of these places will show you the true picture of the country.

The UK has a resilient economy and the standard of living is high but there are still people that are struggling financially. Recently the UK fell into recession and there have been labour crises such as doctors' strikes and so on. I have some friends in the UK and they are having a better life than when they were still in our country but they complain of overwork. Some of them have to work for long hours for them to survive. One of them recently fainted in his place of work because he had to work in more than one place to support his family.  We might not be having the best of life in my country, but you have a chance to spend time with your family because you don't need to overwork to survive.
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The people you saw is very much the minority of the population. For every one of those guys there are tens of thousands who don’t have that much money & success. Try to be happy for what you have, there are a lot of people much worse off. Money doesn’t make you happy, material goods won’t help you be happy.
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So far as I know, there is no report that there is a major crisis in London, UK, right now. Now, if you ask me if it is easy to survive there in that country, I think if you are not strategic, you will have a hard time surviving there. Because the cost of living there is too high now.

Properties and rentals are also expensive in London, and you know that. But there are many opportunities that you can find there that will suit your career.
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I went London 2 days Ago i was in central London and Kensington area.
I went out Also shopping and harrods.
I have questions....like how it's possible wealth are everywhere you can literally smell the smell of money and Wealth i been traveling many places....and i haven't seen this kind of happy life people was in coffe shops Everthing happy and wealthy.
To be honest i fallling love with central London the vibe there was so good and people so happy and wealthy.

What's the business they are in ? I mean i did not seen any Crisis i been told that UK are in Crisis i did not seen crisis all i saw was just abudamce and i spoted in 30min at least 10 Rolce Royces...and not just average but custom made versions.
I was surprised in stores i could not even move it was full of people crowded all over... What Crisis in UK ?
People who live Actually in UK can you explain to me ?
Are the wages are good in UK ? Becouse this kind of wealth not Even in new york i been in NYC there is a lot visible poverty and homeless people the streets not looking like it's some wealth paradize compared with London UK Also i been in Canada cities they are Nice but the huge wealth doesn't flash out like London i mean in London it's grazy how much wealth you gona see it got me thinking Are UK London living standard are higher than other countries?

My question is are people actually that rich or they just to like to show off ?
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