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RE: The Middle Class Is NOT Allowed To Own Any Real Assets.

in #finance7 years ago

This is why I don't own a car and instead invested a lot of money in a very high performance, long range ebike. Because of the way the law is currently, you can own even a very powerful electric bicycle with no license, no insurance, no registration, nothing. In the eyes of the law it is a bicycle.

This means you can ride it anywhere a bicycle can go. Downtown cyclists often mingle with cars, so if you live in a city you lose nothing except protection from the elements, crash safety and trunk space. When I go get groceries I just use a backpack.

It's not a perfect solution but it's a reliable motorized vehicle I don't have to pay the government anything to own or operate, the "fuel" costs almost nothing and all the guts are on the outside so I can easily repair and maintain it by myself.

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I may look into an ebike. Right now I do all you say but with a push bike. Good exercise and all that.


Better it can make you a new one ... without taking out a new bank loan .and.. Fertilise your garden ... lol

and grate article

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