That's furniture and not a house though. I'd guess that the average estate being that low value is not including outright-owned property/land. It's old people w

That's furniture and not a house though. I'd guess that the average estate being that low value is not including outright-owned property/land. It's old people with a 20 year old car they've nursed through retirement, antiques that aren't in fashion, and bric a brac. At least where I live, there would be a gulf between the estates of people who bought into the property market and those that rented their entire lives. Latter will have some furniture no one wants and scraps. The owners will have a $2m property and then investment property that get split up between their kids.