this post was submitted on 29 Sep 2024
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Is that in a relatively wealthy area? Could be normal if it's somewhere bougie.
anywhere that's like upper 40 percentile could probably be like that now. There's so much trash slop on youtube and tiktok about getting rich via various passive income techniques and varying levels of scam, and becoming a landlord+realtor seems to be a common one.
To be fair, being a landlord seems like one of the few viable avenues to material comfort and security. Getting a degree of working hard is certainly not enough anymore. The kids are reacting rationally to a sick economic system.
all roads now lead to the FIRE economy: Finance, Insurance and Real Estate. Real Estate is the one that requires the least credentialing to get into and promises the highest income for least effort if one hustlegrind the most shrewdly.
No, it's a rural shithole town.
we're cooked
It's about a desire for wealth. They see where the money is and want in on it. Also it's relatively low-skill and non-university than most professions. Bryan Quimby on Guys Podcast said like half the class his daughter just graduated in, the ones who weren't going to university or weren't planning to said they wanted to go into real estate. Which makes me think it's not even like they crave it that badly, it's just a backup plan they have because they gave up interest and hope in anything else.
Yeah that's definitely the case, it is about wealth, but the difference between going into medicine, engineering, or law and real estate is that you don't need to start off wealthy to make the others work (assuming you can deal with student loans), but real estate takes wealth to break into. So what's making so many working class men think they can become landlords or realtors without the connections and capital that are obviously prerequisites to attain that class position?