Quote:
Originally Posted by indes
Is cost of living as big of a deal for these guys when they're already buying the best of everything? I'm curious what the difference is between the high-end stuff, when you look at cost of living. Like Italian center groceries vs whole foods, private chef wages, luxury cars - does it make a huge difference once you're in the luxury world?
Honest question as I wonder if these guys even worry about that or just consider it a sunk cost as to wherever they go.
|
And if anything, cost of living would be a benefit for a market like Calgary, and many of the Canadian markets.
Getting paid in USD while your living expenses are in CAD pretty much evens out any tax advantage US markets have. Maybe not so much in Vancouver or Toronto.