| ▲ | kbelder 2 hours ago | |
The purchase habits of the poor impact the products purchased primarily by the poor quite a bit. Cheap rental properties. Basic phone plans. Cheap food. The poor buy vastly more ramen noodles than the rich. | ||
| ▲ | ambicapter 28 minutes ago | parent [-] | |
> Cheap rental properties They buy at most one. > basic phone plans They buy at most one. > Cheap food, ramen noodles. Humans have fixed calorie needs and even the very obese spend maybe 10x the norm, nothing more. Compare that to the prospect of someone buying MULTIPLE properties, possibly multiple properties that are 10x more expensive the norm, the price disparity between a regular car and multiple supercars, the price disparity between owning a boat and/or yacht vs...not owning a boat. | ||