5 ms·

So is the implication that the poor (in wealth) souls should do better to educate themselves on the types of aquatic luxuries, or that it's better to be so poor

by moate 3y ago

So is the implication that the poor (in wealth) souls should do better to educate themselves on the types of aquatic luxuries, or that it's better to be so poor you don't have to worry about the different types of aquatic luxuries? Rephrase: What are you on about man?

hindsightbias 3y ago
It’s curious to me why such articles about the 1% of the US are standard fare on a website blessed with the top 1-2% of the World. I guess it’s just different and warehouse folks should appreciate that.
- Spivak 3y ago
  Because your average low six figure software dev has more in common with the warehouse workers then the actually rich. Accounting for inflation all these "rich" tech bros have made it to what would be called "middle class" in the 80s and 90s. And unless you're DINKing around at $250k base salary in a low CoL area you haven't even made it to uppper middle class of that era. High inflation and the disproportionate increases in housing costs even relative to the high inflation have made people so much poorer but it happened so fast the number adjustment hasn't caught up to where people don't realize that $80k which was a modest salary in 1990 you need $180k today to get that purchasing power. The sentiment "woah, you make six figures!" was affected by inflation too and you need a quarter million to have that today.
  - hindsightbias 3y ago
    That would be interesting if these types postings only started appearing during the inflation era. But this has been front page fare for much longer. I walked by three stealth sprinters today getting coffee. Would people here get angry if I started calling them Land Yachts? I’d knock and ask for their YT channel, but they probably only do tiktok.
    - tstrimple 3y ago
      > Would people here get angry if I started calling them Land Yachts? Probably. Because it's absurd to compare a multi-million dollar yacht with helicopter landing pads (yes plural), a 40' swimming pool and 10k sq ft of living space with someone who crams themselves into a tiny uncomfortable box trying to get some semblance of freedom. One of these things is attainable by most folks with a steady income and one of these isn't even attainable by the poor single digit millionaires.
      - Spivak 3y ago
        I love that living in a van down by the river is apparently considered wealthy now. I never realized that Cousin Eddie was such a high roller.
        tstrimple 3y ago
        It's certainly an activity you can dump tons of money into. Just not yacht or super yacht levels of money. Van living ranges from this (https://cdn-fastly.thetruthaboutcars.com/media/2022/06/29/8425972/cc-van-sunday-finale-sleazy-old-camper-vans.jpg?size=720x845&nocrop=1 https://cdn-fastly.thetruthaboutcars.com/media/2022/06/29/84...) to this (https://cdn-bnfef.nitrocdn.com/eWjkeuhuSZgzzpVvWRuUwjfEcKLuvQIc/assets/images/optimized/rev-8a04e5a/campaddict.com/wp-content/uploads/Vantare-Featherlight-Platinum-Plus-luxury-RV-720x479.jpg https://cdn-bnfef.nitrocdn.com/eWjkeuhuSZgzzpVvWRuUwjfEcKLuv...) and everything in between.
  - aidenn0 3y ago
    $80k was not a modest salary in 1990; that was 2.7x the median household income. My dad made less than that in 1990 we lived comfortably in a 4BR house in the suburbs of DC. [edit] I should point out that my parents purchased a house for $100k in 1985 that, by inflation, should be worth $285k today. Instead, my friend's house (same neighborhood, 4BR, within 30 square-feet of the size of my house) just sold for over $800k. Ignoring affordability of the mortgage (which is complicated due to interest rate changes), my parents could not have swung the down payment a house that cost similar after inflation ($160k in 2023 dollars, ~$55k in 1985 dollars).
  - hakfoo 3y ago
    I couldn't have put it more clearly. I look at the local dismal state lottery; it takes months to tick up from $1 million prize to $2 million, and think "even if I won, I couldn't even really quit my job." After taxes, it would barely cover a slightly above average tract home in a new development.
- natechols 3y ago
  Because raging against the spending habits of billionaires is always easier than self-examination and consideration of one's own wealth and privilege.

by moate 3y ago

hindsightbias 3y ago

It’s curious to me why such articles about the 1% of the US are standard fare on a website blessed with the top 1-2% of the World. I guess it’s just different and warehouse folks should appreciate that.

Spivak 3y ago
Because your average low six figure software dev has more in common with the warehouse workers then the actually rich. Accounting for inflation all these "rich" tech bros have made it to what would be called "middle class" in the 80s and 90s. And unless you're DINKing around at $250k base salary in a low CoL area you haven't even made it to uppper middle class of that era. High inflation and the disproportionate increases in housing costs even relative to the high inflation have made people so much poorer but it happened so fast the number adjustment hasn't caught up to where people don't realize that $80k which was a modest salary in 1990 you need $180k today to get that purchasing power. The sentiment "woah, you make six figures!" was affected by inflation too and you need a quarter million to have that today.
- hindsightbias 3y ago
  That would be interesting if these types postings only started appearing during the inflation era. But this has been front page fare for much longer. I walked by three stealth sprinters today getting coffee. Would people here get angry if I started calling them Land Yachts? I’d knock and ask for their YT channel, but they probably only do tiktok.
  - tstrimple 3y ago
    > Would people here get angry if I started calling them Land Yachts? Probably. Because it's absurd to compare a multi-million dollar yacht with helicopter landing pads (yes plural), a 40' swimming pool and 10k sq ft of living space with someone who crams themselves into a tiny uncomfortable box trying to get some semblance of freedom. One of these things is attainable by most folks with a steady income and one of these isn't even attainable by the poor single digit millionaires.
    - Spivak 3y ago
      I love that living in a van down by the river is apparently considered wealthy now. I never realized that Cousin Eddie was such a high roller.
      - tstrimple 3y ago
        It's certainly an activity you can dump tons of money into. Just not yacht or super yacht levels of money. Van living ranges from this (https://cdn-fastly.thetruthaboutcars.com/media/2022/06/29/8425972/cc-van-sunday-finale-sleazy-old-camper-vans.jpg?size=720x845&nocrop=1 https://cdn-fastly.thetruthaboutcars.com/media/2022/06/29/84...) to this (https://cdn-bnfef.nitrocdn.com/eWjkeuhuSZgzzpVvWRuUwjfEcKLuvQIc/assets/images/optimized/rev-8a04e5a/campaddict.com/wp-content/uploads/Vantare-Featherlight-Platinum-Plus-luxury-RV-720x479.jpg https://cdn-bnfef.nitrocdn.com/eWjkeuhuSZgzzpVvWRuUwjfEcKLuv...) and everything in between.
- aidenn0 3y ago
  $80k was not a modest salary in 1990; that was 2.7x the median household income. My dad made less than that in 1990 we lived comfortably in a 4BR house in the suburbs of DC. [edit] I should point out that my parents purchased a house for $100k in 1985 that, by inflation, should be worth $285k today. Instead, my friend's house (same neighborhood, 4BR, within 30 square-feet of the size of my house) just sold for over $800k. Ignoring affordability of the mortgage (which is complicated due to interest rate changes), my parents could not have swung the down payment a house that cost similar after inflation ($160k in 2023 dollars, ~$55k in 1985 dollars).
- hakfoo 3y ago
  I couldn't have put it more clearly. I look at the local dismal state lottery; it takes months to tick up from $1 million prize to $2 million, and think "even if I won, I couldn't even really quit my job." After taxes, it would barely cover a slightly above average tract home in a new development.
natechols 3y ago
Because raging against the spending habits of billionaires is always easier than self-examination and consideration of one's own wealth and privilege.