Hmmh. I mean it’s complicated. Especially housing seems to work quite differently. And we often buy the whole kitchen and furniture ourselves even while renting. Plus the entire house is made of different material, like bricks and mortar. I’m not sure how that translates into cost and value of the house. But yeah, I’m not sure what my question is. These numbers all have their merit and use cases but there’s a lot of things involved. Maybe I just like to live a comfortable life rather than work my butt off for 80h a week to own a lot of assets to rent out. I’m not sure. I think my main thing is it needs to be sustainable. We can’t have a small minority “owning” the country. There needs to be a middle class, and the poor people need to be able to sustain a living without working several jobs without a perspective in life. That’d be great. I’m not super concerned with the numbers themselves, but more with the resulting effect they have on society and life. And I suppose that’s hard to quantify.
I often get the feeling that it’s far more accepted in the USA that rich people get to decide. And large companies are allowed to rip off the citizens, be it privacy, labor law, healthcare. And the atmosphere in Europe is a bit different and we do way more regulation to try to even out things in a more socialist(?) way. But that doesn’t mean it neccesarily turns out that way.
Hmmh. I mean it’s complicated. Especially housing seems to work quite differently. And we often buy the whole kitchen and furniture ourselves even while renting. Plus the entire house is made of different material, like bricks and mortar. I’m not sure how that translates into cost and value of the house. But yeah, I’m not sure what my question is. These numbers all have their merit and use cases but there’s a lot of things involved. Maybe I just like to live a comfortable life rather than work my butt off for 80h a week to own a lot of assets to rent out. I’m not sure. I think my main thing is it needs to be sustainable. We can’t have a small minority “owning” the country. There needs to be a middle class, and the poor people need to be able to sustain a living without working several jobs without a perspective in life. That’d be great. I’m not super concerned with the numbers themselves, but more with the resulting effect they have on society and life. And I suppose that’s hard to quantify.
I often get the feeling that it’s far more accepted in the USA that rich people get to decide. And large companies are allowed to rip off the citizens, be it privacy, labor law, healthcare. And the atmosphere in Europe is a bit different and we do way more regulation to try to even out things in a more socialist(?) way. But that doesn’t mean it neccesarily turns out that way.