I find it HIGHLY unlikely that I will ever buy a house. The amount of money needed for a down payment, inspection, closing, etc. just seems astronomical to me. There’s no way I’m buying a house, let alone getting 130k worth of equity out of it.
In terms of wages, I AM slightly above that 10% line, but that’s like literally within the last month, so I’m not really sure what you’re point is. I swear you must work in tech. Tech bros seem to be allergic to the idea that they aren’t the lowest of the low
My point is that people see “the 10%” and they can’t imagine that if they live in a first world country, chances are that on a global scale they are the 10%, if they’re not they’re the 20% unless they live on the streets. People in third world and developing countries represent the vast majority of the world and those in rich countries live like freaking royalty in comparison to them and it reflects on their environmental impact as well.
I don’t think anybody’s disputing that. That’s kind of the whole point of the post, right? Everybody here gets that.
What everybody here DOESN’T get is that this kind of poverty is also present right here in the USA. I’ve encountered quite a few people who seem to believe that if you live in the U.S. AT ALL, then you’re automatically lumped into that 10%, when that isn’t actually the case.
I find it HIGHLY unlikely that I will ever buy a house. The amount of money needed for a down payment, inspection, closing, etc. just seems astronomical to me. There’s no way I’m buying a house, let alone getting 130k worth of equity out of it.
In terms of wages, I AM slightly above that 10% line, but that’s like literally within the last month, so I’m not really sure what you’re point is. I swear you must work in tech. Tech bros seem to be allergic to the idea that they aren’t the lowest of the low
75% of Americans own their home (or are on track by their retirement) and I think it’s just a tad lower for the EU.
While we can do better, many the term you used, is incredibly inaccurate and lacks precision.
My point is that people see “the 10%” and they can’t imagine that if they live in a first world country, chances are that on a global scale they are the 10%, if they’re not they’re the 20% unless they live on the streets. People in third world and developing countries represent the vast majority of the world and those in rich countries live like freaking royalty in comparison to them and it reflects on their environmental impact as well.
I don’t think anybody’s disputing that. That’s kind of the whole point of the post, right? Everybody here gets that.
What everybody here DOESN’T get is that this kind of poverty is also present right here in the USA. I’ve encountered quite a few people who seem to believe that if you live in the U.S. AT ALL, then you’re automatically lumped into that 10%, when that isn’t actually the case.