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Homeowners Refuse to Accept the Awkward Truth: They’re Rich - Owners of the multi-million-dollar properties still see themselves as middle class, a warped self-image that has a big impact on renters (thewalrus.ca)
submitted 10 months ago by RehRomano@lemmy.ca to c/canada@lemmy.ca
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[-] villasv@lemmy.ca 40 points 10 months ago* (last edited 10 months ago)

Re: the title... Yeah no, owners of an expensive property are not only not in the "rich" class, they're likely working class as much as gig drivers and cashiers. Unless they liquidate this asset and actually go live somewhere LCOL where they can live off of the labour of others, they're still working class.

[-] CanadaPlus@futurology.today 3 points 10 months ago

If you're dicing things up that way, there's no middle class in the first place.

[-] satanicleftist@lemmy.ca 4 points 10 months ago

There never has been. You either sell your body and labour, or own enough capital for it to self sustain, or at least be sustained by the labour class.

[-] CanadaPlus@futurology.today 3 points 10 months ago

If we're doing Marx, don't forget the petite bourgeoisie, who draw significant income from both. They were minor in Marx's day, partly because very little was publicly traded, but they're actually the wealthiest group by far now, taken as a whole.

[-] Rockyrikoko@lemm.ee 2 points 10 months ago

Exactly, you're either a part of the working class or capitalist class

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this post was submitted on 20 Nov 2023
167 points (81.0% liked)

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