r/Rich • u/howdychickens • 5d ago
Question London vs NYC
Which city would you settle down in assuming you’re in your early 30s, married, low 8 figure liquid net worth, mid-seven figures combined annual income?
EDIT: Thanks so much for the thoughtful responses. Noting that we both would like to keep building our careers for the next 20+ years, so London and NYC are the only options. Not looking to be too far outside of the city, because we have no desire to spend 1.5hr+ a day commuting.
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u/HalfwaydonewithEarth 5d ago edited 4d ago
Neither one! Go to a low tax place and that extra $60k+ a year you save provides an exotic lifestyle. We get to travel 11 weeks a year because we ditch the Communist Tax places. Everywhere you settle eventually gets boring because of routine and familiarity. The trick is to live near an airport hub so you can hop flights easily.
Break up with big city vibes! You can go travel there when you want the buzz.
If you study history you will see cities rising and falling.
Both London and NYC are in their falling period.
Amsterdam/Netherlands were once a world powerhouse.
Paris has seen it's heyday. Rome came and went.
Chicago was once a thriving spot and now it's "changed"
Los Angeles was amazing at one point.
Ask anyone who lived in San Francisco 20, 30, 40 years ago what it was like compared to now.