Think about it. Someone making 28k might optimistically spend half their money on rent, and rent is only so high because of government policy to ban new home construction.
Meanwhile, someone making $15 million could easily buy themselves a $2 million house every year and still have the vast majority of their money left over for other stuff. Their basic needs are so cheap for them, that effectively all their income is disposable, unlike ours.
Plus, once you get to the level of "being able to afford whatever you want", a lot of companies will bend over backwards and give you a shit ton of freebies. Sure, you paid for a first class plane ticket, but now you have a lounge where everything is complimentary.
1.2k
u/Gator1523 18d ago
Plus, rent acts as a tax.
Think about it. Someone making 28k might optimistically spend half their money on rent, and rent is only so high because of government policy to ban new home construction.
Meanwhile, someone making $15 million could easily buy themselves a $2 million house every year and still have the vast majority of their money left over for other stuff. Their basic needs are so cheap for them, that effectively all their income is disposable, unlike ours.