Actually the lower class has a bit better chance. If you have no home to sell or money to transfer over leaving is a bit easier. If you have enough to set yourself up and then sell what you have that makes it easy. So its like people barely affording their mortgages or have decent jobs that would be hard to replace that get stuck until its to late.
Its easier because your costs are forward rather than in arears. You can’t move before you sell the house because then you will have to pay on it while your trying to figure out expenses in a new place. You need to sell it for more than you owe and you will then need to find temporary housing where you will not have any costs if you need to leave at any particular time which tends to be more expensive. You will need to downsize to a backpacker level as part of this. Not just you but your family. Then you will be applying to try to get somewhere else which may or may not happen. You can start that before but then you might just have to abandon everything. If one has nothing to lose the process is easier. Similarly if you want to have a similar lifestyle in the new country you will have to find an equivalent and likely harder to find job in the new country.
Actually the lower class has a bit better chance. If you have no home to sell or money to transfer over leaving is a bit easier. If you have enough to set yourself up and then sell what you have that makes it easy. So its like people barely affording their mortgages or have decent jobs that would be hard to replace that get stuck until its to late.
In what world does having no money make it easier to move to another country?
Its easier because your costs are forward rather than in arears. You can’t move before you sell the house because then you will have to pay on it while your trying to figure out expenses in a new place. You need to sell it for more than you owe and you will then need to find temporary housing where you will not have any costs if you need to leave at any particular time which tends to be more expensive. You will need to downsize to a backpacker level as part of this. Not just you but your family. Then you will be applying to try to get somewhere else which may or may not happen. You can start that before but then you might just have to abandon everything. If one has nothing to lose the process is easier. Similarly if you want to have a similar lifestyle in the new country you will have to find an equivalent and likely harder to find job in the new country.
Bud, I can’t even afford to get my car fixed to make it to the closest border. The thought of having a house to sell is a dream.
This. I don’t think a lot of people understand the level of impoverishment we actually have.
gtfo
Moving is expensive, especially to another country. Assets or not.