Careful with those assumptions. I drive a 16-year old used Honda and have already set aside cash for necessary home repairs when I finally buy a place. However, I do refuse to spend half a million dollars on an uncared-for shithole that hasn’t been renovated or repaired since the 60s; I have
standards, and one of them involves not paying inflated rates for someone else’s crap, especially when doing so also eradicates my budget for repairs and maintenance.
You’re right that personal standards, subjective as they are, can make an argument highly misleading. However, you’d be careful not to make the mistaken assumption that your personal standards are the norm, either.
I’m seeing a lot of “you’re wrong, no sympathy for anyone over $100k” responses to my argument here, all of them making the same assumptions: that anyone making that much dosh must obviously be whinging about paying more for their Maserati or unable to afford rent on that high-rise condo anymore. Everyone is extrapolating some false narrative despite overwhelming evidence that even the most highly-paid among us are getting squeezed out of the housing market or struggling to make ends meet, and that’s exactly what the powers that be (people who don’t have to work to live, because they have all the money) want us to devolve into.
At the end of the day, there’s exactly two groups: those who must work to survive, and those who don’t need to due to immense wealth. Statistically speaking, you’re never going to be the latter, so you should be just as concerned about “highly paid” workers struggling to make ends meet as you are “low-skilled” workers, because we’re all workers.