Everyone here claiming it’s fraud: Why are you convinced that your employer and you have a congenial relationship?
All employment contracts are one sided. They have more power. They stick some unfair contract on you and underpay you.
Why did you get into the mindset that you getting paid enough to buy a house is now fraud?
Do you deserve to own a house? Because in most of the areas anywhere near me, it would take many years to afford one. If you have children, you also have to pay for college.
Unless you get lucky gambling or trading shitcoins: You will never survive on the salaries being offered for your labor.
And the terms are exploitative and one sided.
If you examine closely how most CEOs operate, and politicians, you find that they are exploiting every single loophole imaginable.
Take Elon Musk for example. He has 12 children and just nuked everyone at twitter probably over the age of 33. All laid off. And he cut holiday pay for contractors.
Do you think Elon musk gives a shit if you can afford a house and childcare as a tech worker? He does not.
I think the people in this thread gasping out of shock need to understand just how much you are being screwed right now by most employment arrangementst.
A couple decades ago maybe I could imagine it.
Now? Oh hell no. It’s totally unfair.