A cheap Android phone can do all the things an iPhone can, but the experience is worse. How do you quantify that?
I would urge Europeans to visit the US and stay at an AirBNB outside of a city to see how people live. I’ve done the same in reverse. Could I have a similar lifestyle to what I have in the US? Yes. But only with my American salary. This is the point that is being made here. There is nothing that Europe lacks. The problem is the numbers and what is available to the median household.