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If you own an asset worth millions, you're rich regardless of your income.
by SuperNinKenDo 3y ago
If you own an asset worth millions, you're rich regardless of your income.
- antisthenes 3y agoThat's true, but the average house is nowhere near millions. It's not even anywhere near a million.
- SuperNinKenDo 3y agoI guess I'm thinking from an Australian perspective. I did notice houses were significantly cheaper in America. I should have just said if you own a house anywhere near a metropolitan area.
- vGPU 3y agoIf a Honda civic is worth a million dollars, are you rich? Or has inflation simply eroded your buying power?