Not at all. The real estate share of income is probably at its highest among a lot of people who belong to the non-labouring class, but are far from ultra wealthy. But it's nice to have a scapegoat, isn't it?

▲

idiotsecant 2 hours ago | parent [-]

If you belong to the 'non-laboring class' you are by definition the ultra wealthy. It's wild how much people are willing to slide goalposts to make themselves feel better.

▲

scottyah 2 hours ago | parent | next [-]

It hurts the definition of the words when you use ultra wealthy to refer to the top 50%...

▲

idiotsecant an hour ago | parent [-]

You think 50% of people don't labor?

	▲	scottyah an hour ago \| parent [-]
		While about 50% to 60% of the adult U.S. population are active W-2 wage earners at any given time, the percentage that relies on labor exclusively (meaning they have zero capital income or assets to fall back on) sits right around 40% to 50% of working households.

▲

carlosjobim 2 hours ago | parent | prev [-]

Ultra wealthy literally means "beyond wealthy". A double digit percentage of the population, maybe 30-50% belong to the non-laboring class.

If I was talking about "ultra obese" people, you wouldn't assume I was talking about everybody who has a couple of extra pounds?