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Literally starving is a problem, as is being homeless. But the hedonic treadmill is real, and people's notions of what is necessary tend to scale with income. B
by sliverstorm 10y ago
Literally starving is a problem, as is being homeless. But the hedonic treadmill is real, and people's notions of what is necessary tend to scale with income. Being rich isn't, by itself, the key.
- toomuchtodo 10y agoHappiness is feeling useful/having purpose (autonomy, mastery, purpose) [1], meeting your basic needs (~$75K/year research shows [2]), and spending time with friends and loved ones [3] [4]. [1] https://www.youtube.com/watch?v=u6XAPnuFjJc https://www.youtube.com/watch?v=u6XAPnuFjJc [2] http://content.time.com/time/magazine/article/0,9171,2019628,00.html http://content.time.com/time/magazine/article/0,9171,2019628... [3] https://www.theguardian.com/lifeandstyle/2012/feb/01/top-five-regrets-of-the-dying https://www.theguardian.com/lifeandstyle/2012/feb/01/top-fiv... [4] http://greatergood.berkeley.edu/raising_happiness/post/happiness_is_being_socially_connected http://greatergood.berkeley.edu/raising_happiness/post/happi...
- davidjnelson 10y agoGood stuff, but 75k seems awfully low when houses cost 2MM.
- toomuchtodo 10y agoDoesn't apply to some real estate locale outliers.
- shostack 10y agoIs there a difference between whether that income (which obviously would need to be adjusted for different areas) comes from a single job you can't afford to quit vs say, passive investment income where you don't feel pressure to stay with a bad boss or something else? Those seem like big distinctions.