3 ms·
I have no debt, some liquid assets, but still rent. I know I'm better off than a lot of the country but being in the top n% of income in the wealthiest country
by devonkim 9y ago
I have no debt, some liquid assets, but still rent. I know I'm better off than a lot of the country but being in the top n% of income in the wealthiest country in the world but enjoying little of the amenities besides basic infrastructure seems difficult for me to think of myself in any way as "wealthy." Unencumbered is ahead of many but I think I'd far rather have $400k income (and, more importantly, the social status and connections that kind of occupation or niche implies) with $1MM in debt than some low six figure income with much more in common socially with the homeless and nonfunctional mentally ill.
- fuzzfactor 9y agoWith the increasing number of the middle class including full-time workers becoming homeless (especially now in Houston) some homeful people would be best to become less rejecting of the homeless and/or mentally affected who lost traction before them. Especially in such a case where it's so obvious that there but for the grace of god they go. Regardless of natural disaster or not, the prevailing cutoff line is coming after your low six-figure income, since there's not much foundation remaining below that level. If you are providing shelter or a more extensive domestic environment those are not functionally very much like six significant figures anyway, but you knew that.