I’d imagine it’s a dimension of it. It feels better to desire something “feasible to own” given the social and financial parameters you inherit as you enter middle-adulthood.
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I'd imagine so. The new generation's purchasing power is dismal compared to their predecessors. Thankfully there's a crazy amount of information and creativity out there to be harnessed to still eke out the lifestyle you want.
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A component of that in the upswing for environmentalism and biking too
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Definitively no. Poverty is the inability to meet basic needs like food, shelter, clothing — people in poverty are not the people saving 70% of their income and working in high-paying remote jobs.
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Does each movement have financial aspects? Sure. I think every one is a reevaluation of modern hamster wheel consumerism in its own way. But they’re done not because of desperation -- they’re intrinsically liberating.
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I have 4 flats on my name. My wife & my father both want me to build 8 more flats in a new building. Yet I want a tiny house on that same patch of land. Small - no more concrete building. A bit of greenery. No generational poverty there. Quite the opposite.
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Also, most of these tiny houses are built by either architects themselves or people who has architects in their circle. For example, the guy who owns this place + tiny home is an architect himself, has a kid who's about to hit collegepic.twitter.com/Ox1mPNXwAt
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Question aside (answer is Yes), FIRE wont work with negative intrrest rates and classical 60-40 portfolio where are we all going with MMT in next decade. Nothing is better than 80-90% marginal business that can be run on autopilot and generates cash flow.
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Wydaje się, że ładowanie zajmuje dużo czasu.
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