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What gives you that impression? The second family now has a $250k asset and a $200k debt, so they're worth the same. If you wait ten years and one of them colle
by jacalata 11y ago
What gives you that impression? The second family now has a $250k asset and a $200k debt, so they're worth the same. If you wait ten years and one of them collects 1% interest and the other gets their house value doubled then there's a difference.
- prostoalex 11y agoThis specific report doesn't count that $200k debt.
- jacalata 11y agoYes it does. The article has some poor wording but the report itself is clear and plenty of people in the thread clarified that: >The original report states: Once debts have been subtracted, a person needs only USD 3,210 to be among the wealthiest half of world citizens in mid-2015. However, USD 68,800 is required to be a member of the top 10% of global wealth holders, and USD 759,900 to belong to the top 1%. Which is more clearly stated and uses the same numbers as the Guardian article. https://news.ycombinator.com/item?id=10493143 https://news.ycombinator.com/item?id=10493143