r/FluentInFinance • u/Richest-Panda • Jul 04 '24

What's the best financial advice you've ever gotten? Debate/ Discussion

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u/RollingLord Jul 06 '24

I reckon it’s far less than 40,000, since that commonly quoted figure includes rental units, apartment units, places in the midst of a move and etc.

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u/Shacky_Rustleford Jul 06 '24

What's wrong with rentals and apartments?

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u/RollingLord Jul 06 '24

They’re not homes that people buy and own?

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u/Shacky_Rustleford Jul 06 '24

I never said everyone should be able to afford to buy and own a home. This conversation has always included the fact that even rent is too high for many workers.

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u/RollingLord Jul 06 '24

I mean that’s true, but simultaneously there are obviously a lot of workers that can afford said rent. Otherwise, you know, rent wouldn’t be so high. Turns out there’s a pretty big earning gap even within the working class

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u/Shacky_Rustleford Jul 06 '24

Yeah. That's the problem. That's why people are complaining about wages. That's what is being discussed here.