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submitted 4 months ago by return2ozma@lemmy.world to c/news@lemmy.world

Comrade Willy

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[-] Cypher@lemmy.world 8 points 4 months ago

You’re literally attacking middle class people for having a small yacht.

Your concept of wealthy is really skewed.

[-] FlyingSquid@lemmy.world -3 points 4 months ago

"Middle class" and "small yacht." Most middle class people can't even afford a house. This is something that costs more than a luxury car.

[-] Cypher@lemmy.world 6 points 4 months ago

Yea no one in the middle class can afford a house, a couple of cars and a small yacht.

It’s impossible without having billions in the bank!

[-] FlyingSquid@lemmy.world -1 points 4 months ago

Sorry, you think anyone under a billionaire is middle class?

[-] Cypher@lemmy.world 6 points 4 months ago

I think there’s enough room in middle class for someone to own a small yacht.

You seem to think middle class means poverty and near homelessness.

[-] FlyingSquid@lemmy.world 1 points 4 months ago

I think there's not enough room in "middle class" to buy a home and a yacht that costs more than a luxury car.

There's a reason they're called luxury cars. They're for the rich.

[-] Cypher@lemmy.world 3 points 4 months ago

Luxury cars are defined solely for taxation purposes.

Having a couple of million in assets is still middle class. A union worker can build that sort of wealth over a lifetime.

You probably aren’t middle class given your limited views on some rather modest assets.

[-] FlyingSquid@lemmy.world 0 points 4 months ago* (last edited 4 months ago)

Having a couple of million in assets is still middle class.

That is ridiculous. Utterly ridiculous.

Millionaires are not middle class.

[-] Cypher@lemmy.world 2 points 4 months ago

You think a skilled working couple can’t accrue a couple million in assets over their working life?

Well that explains a lot. You’re bad with money.

[-] FlyingSquid@lemmy.world 2 points 4 months ago

I think "millionaire" has literally meant "rich person" for a very long time and I'm not sure why you keep making this personal.

[-] Cypher@lemmy.world 1 points 4 months ago* (last edited 4 months ago)

Your concept of middle class, wealth and finances are in question because you have repeatedly claimed that owning a $140k yacht makes you wealthy and excludes you from the middle class.

$140k is a lot of money for most people but for someone that is middle class, ie their disposable income is 30% of their income, it is potentially affordable.

Someone making $150k/year is potentially middle class, depending on their housing and living costs. If that person can put 30% of their post tax income towards an interest like yachting they could easily afford a $140k yacht.

Like I said, your understanding of wealth is lacking.

this post was submitted on 28 Jul 2024
549 points (98.1% liked)

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