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In my less-monied years, I had a VW bug, a $3,000 Saturn, an old Datsun pickup and so forth. Not these guys. I see many full-size new pickups with full backseats, no dented vehicles, no obviously older cars.
What gives? How can these people with no jobs, living in the most run-down of areas, afford these new/newer cars? Is it all drug deals---all of them? Can a person with no job even get a car loan?
Poor people are so stupid. If they would just try and be smarter, they might not be so poor.
My Dad was a school teacher and my Mom did not work. We were brought up in a blue collar neighborhood. Many in that neighborhood believed having an expensive car was a sign of success. I saw many a person driving a Cadillac or Lincoln that should have been driving a Chevy of Ford but it was their way of saying, I am doing doing well when many were not.
One of my friend from those days once said he would rather drive a used Cadillac versus a new Ford or Chevy.
I am just genuinely curious, not judging. Like down here, everyone has a smart phone though average pay is only $400 a month. Inquiring minds want to know!
I am just genuinely curious, not judging. Like down here, everyone has a smart phone though average pay is only $400 a month. Inquiring minds want to know!
...and smart phones can be had very cheaply these days...people have them in place of a laptop and are likely their only internet access. In case you haven't noticed, the internet is rapidly becoming about the only source of information these days. Oh, and you don't want poor people spending their money on tv's...right?
...and smart phones can be had very cheaply these days...people have them in place of a laptop and are likely their only internet access. In case you haven't noticed, the internet is rapidly becoming about the only source of information these days. Oh, and you don't want poor people spending their money on tv's...right?
Poor people have tv's or smart phones or don't always drive a beater? Who the hell do they think they are?
Also remember, not all people care about living in a nice neighborhood, decent home/apt, or clean area. For them, having a car to be proud of trumps having housing or a neighborhood to be proud of.
Interesting, how lavish spending on one's car, as source of pride or status or social-standing of whatever sort, is panned as dubious and daft proposition. While doing the same to one's house, is regarded as being upstanding and wise. Why is that?
Interesting, how lavish spending on one's car, as source of pride or status or social-standing of whatever sort, is panned as dubious and daft proposition. While doing the same to one's house, is regarded as being upstanding and wise. Why is that?
The Three Little Pigs.
A car, no matter how nice, will turn into a rolling scrapheap within a decade while land will hold its value. Land has always been a measure of wealth throughout human history.
A car, no matter how nice, will turn into a rolling scrapheap within a decade while land will hold its value. Land has always been a measure of wealth throughout human history.
I expected that sort of response. But a car that I sold recently, fetched a substantially higher price, than that which I paid, over a decade ago. A house that I sold recently, unfortunately garnered a lower price, than what I paid some 20 years ago. Remind me again - which is the one made of straw, and which of bricks?
Most of those folks are working.
There are some pretty interesting studies that show how the poor and working class use their money is a little different from middle class and upper class. With whatever discretionary income they have, they tend to spend it for living in the moment - giving to others more (percentage-wise), spending it on short-term enjoyment like a party, tickets for a show, a phone, an outfit, and yes, cars. They spend a lot less on things like education and savings/retirement/investment, but a bigger chunk of their pay goes toward housing and utilities.
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