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4 points

So is it the interest that’s the problem? Or the not working?

You could be unable to work on disability with an inherited house and get pretty much to that poverty line. Why isn’t that the same?

What if there wasn’t interest but I got $5m in the lottery and just decided to spend $1m buying a house in a good neighborhood and paying off debts. Then I just take out 50k out from my mattress per year until I die.

If you’re a certain age and don’t care about your estate you could do the same thing with a line of credit. Now I have negative net worth but I’m choosing not to work while maintaining a decent life.

There is a real, tangible difference between any of these scenarios (yours or mine) and having enough money to shape legislation or buy yourself into the fucking Whitehouse. That just happens to be roughly the difference between ~1 million (living comfortably) and 1+ billion (buying lobbyists)

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3 points

You could be unable to work on disability with an inherited house and get pretty much to that poverty line. Why isn’t that the same?

Why do I get the feeling that the person you are talking to would call those people either lucky or lazy?

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