I was shocked by a statistic I saw somewhere that one million millionaires live in the new york metro area - it made more sense once i realized anyone who bough

I was shocked by a statistic I saw somewhere that one million millionaires live in the new york metro area - it made more sense once i realized anyone who bought a house in the 80s is now a millionaire thanks merely to rising cost of housing. I don’t think this metric is very useful for measuring economic opportunity.