• givesomefucks@lemmy.world
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    11 个月前

    So, what the fuck am I?

    Scrapping by

    People focus on income, income ain’t the whole picture, it’s wealth that’s important.

    It used to be owning a home built wealth passively, as you lived and paid your mortgage, you gained equity.

    If people cant afford to buy a home, it’s almost impossible to build wealth. You just flush more money away on rent as you earn more money.

    It’s what happens when they charge as much as people can pay for something we all need.

    • Zorsith@lemmy.blahaj.zone
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      11 个月前

      Towards the end, Medicare/medicaid/whatever takes the house too if you don’t plan ahead, and no doubt they’ll close the “loopholes” for planning ahead too.

      • Ragnarok314159@sopuli.xyz
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        11 个月前

        Look up filial laws that states are passing. There will be no great transfer of wealth except from boomers to corporations.