LogFAQs > #979613814

LurkerFAQs, Active Database ( 12.01.2023-present ), DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
Topicwhat even is Middle Class anyway? like i genuinely dont know
divot1338
03/28/24 6:00:00 PM
#45:


emblem-man posted...
I don't really know what I think will happen. I think my overall point was just that the middle class is actually quite big if your main definition is home ownership, and that I think we underestimate just how many people actually have relatively low housing costs. The increase in housing has impacted renters and new homeowners the most.
Home ownership is not a prerequisite of the middle class. In fact I would argue that very few of us really own homes when you consider how much more of it the bank owns.

Many economists believe that politicians in the 80s, 90s and 00s pushing home ownership is the primary factor causing the decline in the middle class.

---
Moustache twirling villian
https://i.imgur.com/U3lt3H4.jpg- Kerbey
... Copied to Clipboard!
Topic List
Page List: 1