> Nice cars and jewelry for instance. I don't really know and suspect both are true to an extent
Yes, it probably is a bit of both, but the GP seems biased towards colouring everyone with the caricature of being in a financial position purely of their own making. It seems incredibly cliche like shouting "get a job you lazy bum" and ignoring any systemic factors and other forces at play as outlines in this article.
I personally have been in situations very close to the threshold of not being able to make rent in the past, and I'm very very far from a "consumer". When the window of time in which you have to make ends meet is on the order of days or weeks it's impossible to make long term optimal financial decisions, not merely because of stress, but because in the short term other people need your money, like this unempathetic landlord who apparently owns many properties.
Yes, it probably is a bit of both, but the GP seems biased towards colouring everyone with the caricature of being in a financial position purely of their own making. It seems incredibly cliche like shouting "get a job you lazy bum" and ignoring any systemic factors and other forces at play as outlines in this article.
I personally have been in situations very close to the threshold of not being able to make rent in the past, and I'm very very far from a "consumer". When the window of time in which you have to make ends meet is on the order of days or weeks it's impossible to make long term optimal financial decisions, not merely because of stress, but because in the short term other people need your money, like this unempathetic landlord who apparently owns many properties.