Homeowners Refuse to Accept the Awkward Truth: They’re Rich | The Walrus
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Owners of the multi-million-dollar properties still see themselves as middle class, a warped self-image that has a big impact on renters

You can’t buy bread with stocks either but Elon is still rich.

The difference is that you can’t earn a living by owning your primary residence, so you’re still working class.

That’s my point. Owning a home doesn’t make anyone rich. Owning multiple homes which generate income is a different thing, but people here assume is that if you bough a house in London 20 years ago for pennies, then today you are a fucking Bezos swimming in money. That’s not the case.

Maybe you can’t, I bought a bar. It came with an owners suite.

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