alt Hacker NewsI read an article along these lines with a title like "how would you go about buying a car for $500." The gist is that folks in poorer rural areas would have the experience and contacts to buy the car. In contrast, most middle class folks would have no idea how to by such a car.
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rayiner • yesterday at 2:18 PM
My wife’s family is from a poor rural area. There are a minority of poor people who are smart like that. But more often than not what happens is that these people will come into some money, and immediately blow it on a car way behind their budget because they can “afford the payment.”
That's resourcefulness and I would argue that being resourceful is not the same thing as being smart. There can be a relationship between resourcefulness and intelligence, but they're inherently different.
About the car example: most middle class folks don't live in places where there's a substantial market for these types of cars. The availability of these types of cars is environmental.