this post was submitted on 15 May 2025
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A Boring Dystopia

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[–] SoftestSapphic@lemmy.world 1 points 1 week ago* (last edited 1 week ago) (8 children)

Mao was right about landlords

That being said these people can afford to pay this, their house is millions of $s.

[–] Red_October@lemmy.world 19 points 1 week ago (7 children)

If the house you've been living in for ages goes up in value, that doesn't turn into money you can spend.

[–] Bisonico@sh.itjust.works 5 points 1 week ago (1 children)

No but it does turn it into a financially valuable asset which they can sell for a profit. Emotionally I feel for them, I wouldn't want to sell a house I've investment time and energy into. But they're FAR better off than a lot of people on a purely financial basis.

[–] null@slrpnk.net 2 points 1 week ago

It's the same reason Elon is a multi-billionaire, even though he doesn't have that as "spending money"

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