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The poster was talking about what "you own". It's really easy to have more than $100k in assets. That's basically anybody who owns a home.
by mwilliaams 9y ago
The poster was talking about what "you own". It's really easy to have more than $100k in assets. That's basically anybody who owns a home.
- Xylakant 9y agoThe median net household worth in the US in 2013 was still below 100k USD as per https://www.yahoo.com/news/median-wealth-whites-us-nearly-163001058.html https://www.yahoo.com/news/median-wealth-whites-us-nearly-16... (can’t find newer numbers atm, but I’d be surprised if the median did move significantly upwards) Keep in mind that wealth in the US is extremely unevenly distributed and you might be making observations in a bubble. The white median is for example about 50% higher than the combined.
- pmoriarty 9y agoThe median net worth of Americans is $97k. [1] As for owning homes, many Americans don't own their home but rent. [1] - http://www.newstrategist.com/median-net-worth-97300-in-2016/ http://www.newstrategist.com/median-net-worth-97300-in-2016/
- microcolonel 9y agoLand and housing is cheap in the U.S, relatively speaking. in Norway, wealth taxes start after about 40 sqft of out-of-town apartment.
- Moenghus 9y agoIf that was true, I'd be very wealthy: 40 square feet is 6.3 by 6.3 feet. Or 3.7 square meters. That would make for a price of 57 000 $ per square meter! In reality, the national average price in Norway is $ 5000 per square meter and 10 000 in the most expensive area (Frogner, Oslo January 2016) So $ 180 000 buys you a studio apartment of 18 square meters in the most fancy area, or 36 sqm on the average. That is roughly 200 and 400 square feet.
- Moenghus 9y agoThe median net household worth in Norway is $ 300 000.