> Unless you came from wealth, or you’re definitely in the top 1% of your peers, maybe set your expectations a bit lower.
Why should any of us set our expectations lower? Because you say so? Why is the best piece of the cake reserved to some 1% folks largely with inherited wealth? Why should 1 billion Chinese set their expectations lower? Because they happen to not be born in Silicon Valley and their father doesn't run a law firm in Manhattan?
This is called wealth inequality to the max and it will crash our societies sooner or later. Pseudo-meritocracies will eventually break their necks over this and the developing crisis of democracy is one step into that direction. 2008 proved that the system is utterly broken and since then we put on a few bandaids at best.
> There are plenty of places in the US where a house can be purchased for under $100k.
Sure, those places just don't have the jobs people strive after, for example to escape automation in the 21st century.
Why should any of us set our expectations lower? Because you say so? Why is the best piece of the cake reserved to some 1% folks largely with inherited wealth? Why should 1 billion Chinese set their expectations lower? Because they happen to not be born in Silicon Valley and their father doesn't run a law firm in Manhattan?
This is called wealth inequality to the max and it will crash our societies sooner or later. Pseudo-meritocracies will eventually break their necks over this and the developing crisis of democracy is one step into that direction. 2008 proved that the system is utterly broken and since then we put on a few bandaids at best.
> There are plenty of places in the US where a house can be purchased for under $100k.
Sure, those places just don't have the jobs people strive after, for example to escape automation in the 21st century.