“That is true today. Will it be true 50 years from now?”
Almost certainly, unless the “we prefer everyone equally poor” brand of politics succeeds. The most insidious belief is that the system is some how rigged against you no matter what you do. It just isn’t true.
>The most insidious belief is that the system is some how rigged against you no matter what you do. It just isn’t true.
The system IS rigged against you, aka the working class, and in favor of the asset/capital owning class.
Moving up from the former category, to the latter, considering the wage stagnation and the interest rate and CoL increases, is very VERY difficult, so scoffing it off as if it's something trivial that anyone can do and if they don't the it must be their fault, is just laughable.
Tax policies which favour investment in property encourage those with funds to buy and lease homes to those who (now) can't afford to buy and will instead spend years funneling their minimal wealth into the pockets of the already-wealthy. Not rigged though. /s
You were sarcastic and I didn't get it because one time, one guy here wrote un-sarcastically, that him renting out his inherited home in a collage town means he's doing a public service because that college town has a housing shortage. I can't even.
So, you see, it's difficult to know these days what's sarcasm and what's not as so many people, especially here, are completely detached from the reality of the average person and live in a bubble of their own farts.
Comments
“That is true today. Will it be true 50 years from now?”
Almost certainly, unless the “we prefer everyone equally poor” brand of politics succeeds. The most insidious belief is that the system is some how rigged against you no matter what you do. It just isn’t true.
>The most insidious belief is that the system is some how rigged against you no matter what you do. It just isn’t true.
The system IS rigged against you, aka the working class, and in favor of the asset/capital owning class.
Moving up from the former category, to the latter, considering the wage stagnation and the interest rate and CoL increases, is very VERY difficult, so scoffing it off as if it's something trivial that anyone can do and if they don't the it must be their fault, is just laughable.
Tax policies which favour investment in property encourage those with funds to buy and lease homes to those who (now) can't afford to buy and will instead spend years funneling their minimal wealth into the pockets of the already-wealthy. Not rigged though. /s
You're making it sound like landlords are doing god's work and renting is in your favor. That's just feudalism with extra steps.
I always assume my sarcasm cuts through enough not to warrant the /s - my bad! Edited it to be a little more obvious.
You were sarcastic and I didn't get it because one time, one guy here wrote un-sarcastically, that him renting out his inherited home in a collage town means he's doing a public service because that college town has a housing shortage. I can't even.
So, you see, it's difficult to know these days what's sarcasm and what's not as so many people, especially here, are completely detached from the reality of the average person and live in a bubble of their own farts.