I have relatives that own their house as well as a few rental properties, but they also work normal jobs, they get the new iPhone (or sometimes Samsung Phone) every year, they rarely use public transit, always drive their cars. I’m assuming they have health insurance as well. And I also heard they have other investments besides rental income (as in stocks)
Now I don’t know if they need to work, but they definitely have enough rental income to get by even if they lose their jobs.
Idk what class that is supposed to be.
scarabic@lemmy.world 2 hours ago
That’s a really good way of putting it. We have the wealthy, the poor, and the poor who’ve been given scraps by the wealthy and are complicit in protecting them. The “middle class” believe they can gain more in scraps than they can by revolution. And so it continues.