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Real Reality
Joined: 10 Jan 2003 Location: Seoul
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Pyongshin Sangja

Joined: 20 Apr 2003 Location: I love baby!
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Posted: Thu Jan 12, 2006 5:25 pm Post subject: |
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So, that would be Hyundai putting the middle class at a higher level than average GDP? Some middle. |
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periwinkle
Joined: 08 Feb 2003
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Posted: Thu Jan 12, 2006 8:42 pm Post subject: |
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That's a really weird survey. I know plenty of urban single professionals who live in a small apt. and are carless. What class would they be in, then? |
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SuperHero

Joined: 10 Dec 2003 Location: Superhero Hideout
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Posted: Thu Jan 12, 2006 11:52 pm Post subject: |
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not counting my wife's income I qualify except that my apartment is only 24pyoung (moving to a 32 pyoung in October). On top of that I get tons more vacation than any middle class Korean gets. |
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JongnoGuru

Joined: 25 May 2004 Location: peeing on your doorstep
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Posted: Fri Jan 13, 2006 12:13 am Post subject: |
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First of all, does "people" mean an individual or a family. 2.5 million won/month seems too low for a middle-class "urban family", even in 1999.
periwinkle wrote: |
That's a really weird survey. I know plenty of urban single professionals who live in a small apt. and are carless. What class would they be in, then? |
I think in that case, you'd have to determine the average monthly expense of a car (purchase price/period of ownership, upkeep, insurance, tax) and an apartment of the size mentioned. Let's say that comes to 700,000 won/mo. So, their monthly income would have to be 3.2 million won (the 2.5 mil. won minimum + the 700k as represented by car & larger apartment). If they don't measure up, they're in the "lowly scum-sucker no-hoper class". Sez Hyundai. |
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skconqueror

Joined: 31 Jul 2005
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Posted: Fri Jan 13, 2006 12:26 am Post subject: |
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3.2 isnt really that high.
I guess I will be middle then. |
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Cheonmunka

Joined: 04 Jun 2004
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Posted: Fri Jan 13, 2006 3:03 am Post subject: |
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What drives the aspiration? is my question.
I know some alternative lifestylers (hippies) in the West who live by the beach, have great long vacations, consume fresh air, water and bio-products. They have time to attend festivals etc.
They may not go out on any given day and buy a new car, but then neither do I!
I'm middle class. A city dweller.
But, it feels more like a trap. |
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Cheonmunka

Joined: 04 Jun 2004
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Posted: Fri Jan 13, 2006 3:04 am Post subject: |
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What drives the aspiration? is my question.
I know some alternative lifestylers (hippies) in the West who live by the beach, have great long vacations, consume fresh air, water and bio-products. They have time to attend festivals etc.
They may not go out on any given day and buy a new car, but then neither do I!
I'm middle class. A city dweller.
But, it could easily feel more like a trap. |
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Mr. Pink

Joined: 21 Oct 2003 Location: China
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Posted: Fri Jan 13, 2006 4:05 am Post subject: |
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Considering the prices of apartments in 1999 were really low as the 1997/1998 financial crisis still hadn't recovered, I'd say maybe that isn't a bad survey.
I can qualify all of the things that make one a middle class person according to that survey. However, in Korea was does owning a car prove? You absolutely don't need one if you live in a city and if you did buy a car, there is always Mr. Tico out there vs. someone with a real car  |
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