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> net income (€5160) on housing, this means that in 45 years (~roughly a worklife) Because everybody starts their worklife with a huge salary? I don't see the

> net income (€5160) on housing, this means that in 45 years (~roughly a worklife) Because everybody starts their worklife with a huge salary? I don't see the point of this calculation. > Most important point: the data is based on surveys, which means the super-rich don't really show up. The rich and super-rich don't show up whenever only income is considered. Any class definition based on income and not wealth is pointless.

turbinerneiter 7y ago
> Because everybody starts their worklife with a huge salary? I don't see the point of this calculation. It's the simplest and quickest back-of-the-napkin calculation to try to visualize what an income like this means. > The rich and super-rich don't show up whenever only income is considered. Any class definition based on income and not wealth is pointless. Which is my point properly explained, thanks.