How do so many people afford premium cars/designer clothes/etc. in Seoul?

80k for delivery app was for MD, sof devs and managerial positions there make a lot more.

Um from what I saw, my friends are less likely to buy luxury items or cars.

They had higher savings rate, more money on various experiences ( travelling etc), buys house(apt) first etc.

It was usually who makes less money, that buys luxuries and imported cars. If you save, you can afford one or two luxury bags in a year, more if you buy second hand.

For luxury car, there are lease, rents and second hand. Second hand value is at the bottom since it is easier for domestic makers to have after service, cheaper components etc. But if you like cars, you buy them.

/r/korea Thread Parent