this post was submitted on 19 May 2025
966 points (97.4% liked)
Bluesky
1186 readers
143 users here now
People skeeting stuff.
Bluesky Social is a microblogging social platform being developed in conjunction with the decentralized AT Protocol. Previously invite-only, the flagship Beta app went public in February 2024. All are welcome!
founded 5 months ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
They do, it's called a house.
Owning 25% of a 400k house isn't the same as having 400k in wealth.
If everyone has 400k then it's not wealth. It's table stakes.
Wealth means the assets you own. Has nothing to do with someone being rich or not. Please keep stupid comments like this to yourself.
So I can be wealthy without being rich?
You can have wealth without being wealthy.
Which is what I said.
Using alternate definitions/forms of words than the people you're conversing with doesn't make your little strawmen, good arguments.
ah yes let me just do buy some groceries with the house i totally own.
also most houses are actually owned by banks with a little thing called a mortgage, you might not have heard of it.
I'm not saying it's great. It's pretty shit that so much wealth is tied up in property.
But if you're looking for where the money is, that's where it ended up. Parents and grandparents around the country are technically millionaires, and they can't spend it.
No this is where the wealth went, to the 0.1%
Which everyone doesn't have, let alone one that's worth anywhere near $400k.