In most advanced economies today, that's equity. The ordinary person thinks of wealth as money lying around in the bank, which the rich person refuses to spend on anything useful. And instead either hoards, or spends on luxury things which cause resentment to the remainder.
The real question is for most people today its easier than ever to invest and then give it to their children. Why aren't people doing it?
The median person in the US has about $8k, which is basically enough to cover one emergency.
It’s sad that your speech has been chilled by the misuse of the karma system by some large faction of users here.
That said, assuming you could afford a 2k square ft house with a backyard in a highly desirable neighborhood similar to what Palo Alto is today on an average person's salary 50 years ago doesn't seem realistic.
Also, 50 years ago, redlining and race as well as gender based discrimination in most jobs was the norm, so unless you were a white (which itself was a narrower term than today) man, there was a glass ceiling, and most jobs that were supposedly high paying in reality largely limited hiring to a subset of Americans.
Additionally, the rural-urban divide then was more severe than it was today. People from those households like Marc Andressen literally didn't have piped water growing up back then in the 70s (he's recounted the story a lot).
Long story short, I don't buy a lot of the nostalgia for the 70s and 80s I'm seeing in this thread - it's very boomer urban white man coded.
Then you go to the hot markets and salaries for comparable positions are only like 20% more but the exact same home (actually on west coast, subtract the full basement and lot large enough for a detached two car garage) is 10x in price or more.
What are these 70k jobs in the south?
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Fortunately there was no accident and there were no cops around or apparently traffic cameras. Somehow I think "Sorry, the car broke the red light, not me!" would not have been a compelling thing to say to a cop or a judge.
The only thing I could do was hit the dashcam record button as some sort of proof, but the video itself has no indication FSD was engaged. I suspect I would have to subpoena or forensically extract any data that could exonerate me, which is just not practical if the worst I got was a ticket.