Comrade Willy

  • Cypher@lemmy.world
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    5 months ago

    Yea no one in the middle class can afford a house, a couple of cars and a small yacht.

    It’s impossible without having billions in the bank!

      • Cypher@lemmy.world
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        5 months ago

        I think there’s enough room in middle class for someone to own a small yacht.

        You seem to think middle class means poverty and near homelessness.

        • Flying Squid@lemmy.world
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          5 months ago

          I think there’s not enough room in “middle class” to buy a home and a yacht that costs more than a luxury car.

          There’s a reason they’re called luxury cars. They’re for the rich.

          • Cypher@lemmy.world
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            5 months ago

            Luxury cars are defined solely for taxation purposes.

            Having a couple of million in assets is still middle class. A union worker can build that sort of wealth over a lifetime.

            You probably aren’t middle class given your limited views on some rather modest assets.

            • Flying Squid@lemmy.world
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              5 months ago

              Having a couple of million in assets is still middle class.

              That is ridiculous. Utterly ridiculous.

              Millionaires are not middle class.

              • Cypher@lemmy.world
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                5 months ago

                You think a skilled working couple can’t accrue a couple million in assets over their working life?

                Well that explains a lot. You’re bad with money.

                • Flying Squid@lemmy.world
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                  5 months ago

                  I think “millionaire” has literally meant “rich person” for a very long time and I’m not sure why you keep making this personal.

                  • Cypher@lemmy.world
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                    5 months ago

                    Your concept of middle class, wealth and finances are in question because you have repeatedly claimed that owning a $140k yacht makes you wealthy and excludes you from the middle class.

                    $140k is a lot of money for most people but for someone that is middle class, ie their disposable income is 30% of their income, it is potentially affordable.

                    Someone making $150k/year is potentially middle class, depending on their housing and living costs. If that person can put 30% of their post tax income towards an interest like yachting they could easily afford a $140k yacht.

                    Like I said, your understanding of wealth is lacking.