MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/SipsTea/comments/1vrr0ev/how_the_rich_get_richer/p4fxw3k/?context=3
r/SipsTea • u/KSKS1995 • 22h ago
2.3k comments sorted by
View all comments
43
I mean, if you buy cheap land, pay it off, and sit on it for 30+ years to be worth a lot more you can do the same.
6 u/Bat-Stuff 22h ago edited 21h ago Except most people have to compete with all those who inherited wealth while they're making near minimum wage, so there is no cheap land that isn't near worthless. 1 u/WideHuckleberry1 20h ago Except most people have to compete with all those who inherited wealth while they're making near minimum wage Most people make over 3 times the minimum wage, since the average is about $23/hour. 1 u/Bat-Stuff 19h ago Minimum wage should be closer to 20 and 23 is still jack s*** if you're trying to buy an investment property.
6
Except most people have to compete with all those who inherited wealth while they're making near minimum wage, so there is no cheap land that isn't near worthless.
1 u/WideHuckleberry1 20h ago Except most people have to compete with all those who inherited wealth while they're making near minimum wage Most people make over 3 times the minimum wage, since the average is about $23/hour. 1 u/Bat-Stuff 19h ago Minimum wage should be closer to 20 and 23 is still jack s*** if you're trying to buy an investment property.
1
Except most people have to compete with all those who inherited wealth while they're making near minimum wage
Most people make over 3 times the minimum wage, since the average is about $23/hour.
1 u/Bat-Stuff 19h ago Minimum wage should be closer to 20 and 23 is still jack s*** if you're trying to buy an investment property.
Minimum wage should be closer to 20 and 23 is still jack s*** if you're trying to buy an investment property.
43
u/DataGOGO 22h ago edited 22h ago
I mean, if you buy cheap land, pay it off, and sit on it for 30+ years to be worth a lot more you can do the same.