Of course, afaik almost no billionaire’s money is liquid either, it’s in properties and businesses and shit.
Like I’m sure bezos has plenty liquid, but most of his billions is just a valuation of amazon/aws/whatever other shit he owns.
Like, if we wanted to take all his money we’d have to completely liquidate amazon and aws, and his house etc, selling the assets off to whoever can afford it, it’s not just breaking into his Scrooge McDuck vault full gold coins.
Not that it’s impossible, it just seems that many people don’t realize this and think it is just the Scrooge McDuck vault.
I wouldn’t say a house is a luxury. It is a necessity.
Depends on the house.
Really the whole concept of renting is exploitative.
Yes, commodifying necessities like housing (food, water, etc) is a fundamental means of exploiting people. Rent is just one aspect of a much larger pyramid scheme based on human deprivation.
Dude, someone who has a freehold home and a retirement portfolio is a multimillionaire in many places.
There will absolutely be people with large assets and low income struggling to make ends meet.
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This is not true. A million dollars buys you a house, so basically cancels rent. But it does not feed you for life and lets you live without working.
There is a big difference between people who own a millon dollars in money and assets and those who have a million dollars in their checkings account.
Of course, afaik almost no billionaire’s money is liquid either, it’s in properties and businesses and shit.
Like I’m sure bezos has plenty liquid, but most of his billions is just a valuation of amazon/aws/whatever other shit he owns.
Like, if we wanted to take all his money we’d have to completely liquidate amazon and aws, and his house etc, selling the assets off to whoever can afford it, it’s not just breaking into his Scrooge McDuck vault full gold coins.
Not that it’s impossible, it just seems that many people don’t realize this and think it is just the Scrooge McDuck vault.
Yes rich people don’t just sit on piles of cash whether a millionaire or a billionaire.
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I wouldn’t say a house is a luxury. It is a necessity.
Really the whole concept of renting is exploitative.
Depends on the house.
Yes, commodifying necessities like housing (food, water, etc) is a fundamental means of exploiting people. Rent is just one aspect of a much larger pyramid scheme based on human deprivation.
A house is a necessity, yes, but not a house in the middle of San Francisco or New York.
That actual solution is making housing affordable in San Francisco or New York or any other city.
or a decent infrastructure and income elsewhere in the US.
And live where, genius?
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So, move away from your friends, family, support circle etc?
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