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Why are people richer in USA then in the UK?

I have noticed how people in the USA seem to have more money then those in the UK. In the UK a lot of us are just renting homes and cant even afford to buy yet in USA they have huge houses of which we can only dream of having here in the UK. My friends and I are poorer here then my friends in the USA who are richer and have land etc, my friends here have to make to with one bed places at times. Is it because they get better paid out there in employment and maybe here earn less. May be some one has answer to this.

Update:

It seems they have so much in the USA with good job prospects and future and a chance where as in UK it seems to me people are just getting by. I know UK is highly taxed so may be thats part of it. or may be also attitude as well. answers welcome.

3 Answers

Relevance
  • Joe
    Lv 6
    5 years ago

    I'm an American. Trust me a lot of us are just as broke. I rent a tiny apartment and barely make enough to scrape by.

  • Anonymous
    5 years ago

    We're not. We're just good at faking it.

  • ?
    Lv 7
    5 years ago

    Or deeper in debt.

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