>>109039603This is just a really common thing in general
>make above average income>maybe even well above average>still nowhere near enough to afford real estate even if you budgeted and saved perfectly>no sense in owning a car because you'd have nowhere to park it>rent and rent are only major expenses and they're a relatively small part of your budget>no dependents, no debt, no other major recurring expenses>90% of income goes into long-term savings>the rest is just play money you throw away because what else is it for?When you don't have a mortgage to save for you just kind of lack a money sink that helps your job-centric lifestyle make sense. If you were a financebro you'd probably play stocks but you're still never getting a mortgage unless you basically win the lottery so for normal people a stable long-term portfolio is good enough.
A lot of the economy is built around this huge band of disposable income, The huge gulf between "basic living expenses" and "important and valuable purchases" and all the people priced out of the latter who just need to find an outlet for their money.
