A great section that summarizes why there's a cost barrier to everything. The financial classes are there to summarize what kind of general demographic you fit in in order to describe your behavior, risk factor, ability to leverage financial mobility, and categorize target demographics for quality vs crap products. For example, there's no need to put a feature that costs the company $50 on a $200 grill but they'll put it on a $1000 grill easily. Why? Because not only will it raise the profit price above what the lower incomes can afford, the lower income classes will not take care of those things, the feature will be wasted and devalued, and would be on a product designed to fail sooner than later which leads to more warranty claims and exchanges, costing the company far far more. Let's face it, a $1000 grill is going to last longer than that $200 grill and we all know it.
Hence, features and quality are a barrier to income classes because of behavior. And so we see it used as leverage against people of all income levels.
And the only people who complain about it are the people in the lower class/income brackets.
Of course, they get pandered to by politicians looking for votes who then turn around and put apartments in otherwise affluent neighborhoods claiming that the general income of level of the neighborhood is somehow responsible for crime when all they're doing is spreading around the people who commit those crimes (as if suddenly being in low income housing in the middle of an affluent neighborhood is somehow going to magically increase their income - spoiler: it does not - when in reality it increases their costs of living due to being further away from stores and services they need and can afford). People who make more money understand this because they have seen these lower class behaviors from the outside so opposing multi-family housing and especially low income housing in their own neighborhood isn't being uppity or whatever. It's survival.
Of course politicians can't say this, they'll lose their votes. So they spin lies that the "plebs" happily parrot because they've been inside those lower class neighborhoods and think that "moving up in the neighborhoods" will somehow change their lives.
>More Renters Mean Worse Neighborhoods
A great section that summarizes why there's a cost barrier to everything. The financial classes are there to summarize what kind of general demographic you fit in in order to describe your behavior, risk factor, ability to leverage financial mobility, and categorize target demographics for quality vs crap products. For example, there's no need to put a feature that costs the company $50 on a $200 grill but they'll put it on a $1000 grill easily. Why? Because not only will it raise the profit price above what the lower incomes can afford, the lower income classes will not take care of those things, the feature will be wasted and devalued, and would be on a product designed to fail sooner than later which leads to more warranty claims and exchanges, costing the company far far more. Let's face it, a $1000 grill is going to last longer than that $200 grill and we all know it.
Hence, features and quality are a barrier to income classes because of behavior. And so we see it used as leverage against people of all income levels.
And the only people who complain about it are the people in the lower class/income brackets.
Of course, they get pandered to by politicians looking for votes who then turn around and put apartments in otherwise affluent neighborhoods claiming that the general income of level of the neighborhood is somehow responsible for crime when all they're doing is spreading around the people who commit those crimes (as if suddenly being in low income housing in the middle of an affluent neighborhood is somehow going to magically increase their income - spoiler: it does not - when in reality it increases their costs of living due to being further away from stores and services they need and can afford). People who make more money understand this because they have seen these lower class behaviors from the outside so opposing multi-family housing and especially low income housing in their own neighborhood isn't being uppity or whatever. It's survival.
Of course politicians can't say this, they'll lose their votes. So they spin lies that the "plebs" happily parrot because they've been inside those lower class neighborhoods and think that "moving up in the neighborhoods" will somehow change their lives.
A great section that summarizes why there's a cost barrier to everything. The financial classes are there to summarize what kind of general demographic you fit in in order to describe your behavior, risk factor, ability to leverage financial mobility, and categorize target demographics for quality vs crap products. For example, there's no need to put a feature that costs the company $50 on a $200 grill but they'll put it on a $1000 grill easily. Why? Because not only will it raise the profit price above what the lower incomes can afford, the lower income classes will not take care of those things, the feature will be wasted and devalued, and would be on a product designed to fail sooner than later which leads to more warranty claims and exchanges, costing the company far far more. Let's face it, a $1000 grill is going to last longer than that $200 grill and we all know it.
Hence, features and quality are a barrier to income classes because of behavior. And so we see it used as leverage against people of all income levels.
And the only people who complain about it are the people in the lower class/income brackets.
Of course, they get pandered to by politicians looking for votes who then turn around and put apartments in otherwise affluent neighborhoods claiming that the general income of level of the neighborhood is somehow responsible for crime when all they're doing is spreading around the people who commit those crimes (as if suddenly being in low income housing in the middle of an affluent neighborhood is somehow going to magically increase their income - spoiler: it does not - when in reality it increases their costs of living due to being further away from stores and services they need and can afford). People who make more money understand this because they have seen these lower class behaviors from the outside so opposing multi-family housing and especially low income housing in their own neighborhood isn't being uppity or whatever. It's survival.
Of course politicians can't say this, they'll lose their votes. So they spin lies that the "plebs" happily parrot because they've been inside those lower class neighborhoods and think that "moving up in the neighborhoods" will somehow change their lives.