• ragas@lemmy.ml
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    11 days ago

    This is not true. A million dollars buys you a house, so basically cancels rent. But it does not feed you for life and lets you live without working.

    There is a big difference between people who own a millon dollars in money and assets and those who have a million dollars in their checkings account.

    • spacesatan@leminal.space
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      11 days ago

      Then sell the house.

      Owning a house in a HCOL area is one of the luxuries I was talking about. Any million dollar asset is a luxury.

      There is a fundamental difference between working to survive and working because you don’t want to move out of your NYC brownstone or further from lake como or whatever the fuck.

      • ragas@lemmy.ml
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        11 days ago

        I wouldn’t say a house is a luxury. It is a necessity.

        Really the whole concept of renting is exploitative.

        • technocrit@lemmy.dbzer0.com
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          11 days ago

          I wouldn’t say a house is a luxury. It is a necessity.

          Depends on the house.

          Really the whole concept of renting is exploitative.

          Yes, commodifying necessities like housing (food, water, etc) is a fundamental means of exploiting people. Rent is just one aspect of a much larger pyramid scheme based on human deprivation.

        • MBech@feddit.dk
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          11 days ago

          A house is a necessity, yes, but not a house in the middle of San Francisco or New York.

            • spacesatan@leminal.space
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              10 days ago

              Oh now that you bring that up you’re right. Not wanting to take a 1 hour transit trip or drive for 30 minutes a few times a week is actually the same as needing to sell your labor in order to have food and healthcare.