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Highly educated immigrants leave home all the time. It's actually a really big issue for developing countries (and if you want to look locally, rural Australia), it's a phenomenon called a brain drain or human capital flight. http://en.wikipedia.org/wiki/Human_capital_flight This quote...

Your point was a correlation between wealth and your level of education. Totally different things with a very limited correlation. Median house price in Blacktown is $476k. If your culture has a preference for 3 kids and the wife staying home, guess where you're going to live. Most...

Not quite my point. Many Chineese and Taiwanese like to stay around Eastwood, and even if they had $10M will prefer to stay there than move to say Mosman. Iranians stay around Castle Hill, English around Bondi, etc.

All that is, is a snapshot of how much wealth they had before they came to Australia. A chartered accountant from Indonesia with 20 year experience will be highly unlikely to have the funds to move to Vaucluse upon arrival unless his grandad happened to have founded the largest palm oil...

This is a fallacy. There is a huge financial burden in moving countries, it takes time (decades) for a family to move from a lower to higher end demographic (especially when moving to a significantly more prosperous country). Also many nationalities prefer to cluster around suburbs which...

Those figures are misleading in that: - USA: 2014 estimate 318,349,000 population. - AUS: 2014 estimate 23,545,776 population. I'm not the best mathematician, but 45.9M immigrants for a population of 318M+ is less than 6.5M immigrants for a population of 23.5M+.

There's had/has been a pretty horrific war raging in Sudan, there has been a massive influx of refugees and immigrants from there and Afghanistan from early 2000. When I was in Wagga there was a huge influx there too. http://en.wikipedia.org/wiki/Sudanese_Australian Also point noted on...

Well said, this is the point I was alluding to. A majority of the degrees they offer are watered down and do not lead to a high level of academics but simply form a revenue source for universities. Most of my peers at university were very clear in stating they were at university because...

How many careers fail, or worse, stagnate. I was a 24 year old in a company of 700 where maybe 10 people earned more than me. There was probably only 10 people younger than me too. I'd can't back it with statistics, I would imagine there are more careers that crash and burn than there are...

I'm an engineer surrounded by engineers. Most of my outer circle of friends are lawyers and doctors. Believe me, this has not prevented a great majority of them having a victim mentality. Except in their THE WORLD IS UNFAIR rants they throw in words like MERCEDES and VERSACE. Doubtful. Every...

I'm reading it again for the 3rd time (it's lying on the table right next to me). That was a statistic. However for the most part, the PAWs are business owners and very frugal. I have an engineering degree, but many of my colleagues did not, and it wasn't the main source of my income. Under...

I went to uni from 2005 and at one point in my early 20's had 4 masters lined up. I thought that was the way to get ahead. Silly me. Dropped out when I learnt better. Most masters are just a way to suck money from international students. Some fields do require a degree, for the most part...