Doesn't matter - if you can afford to make payments on a 1 million house for several years, you are wealthy, simply because you can sell it, take $400,000, and

Doesn't matter - if you can afford to make payments on a 1 million house for several years, you are wealthy, simply because you can sell it, take $400,000, and go buy a huge house in the midwest cash. Being able to pay for a $1,000,000 house and put 200k down makes you well off.