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Reply to "How rich are people who buy 3 million dollar houses"
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[quote=Anonymous][quote=Anonymous]At $10m net worth I looked at $3m houses but was not confident enough to buy one. NW went from $10m to $30m over a few years and I finally pulled the trigger on a house around $3.5m on 1-2 acres of land. I'm constantly amazed by how expensive the upkeep and maintenance of the house is. It's probably $100k/year before I touch property taxes or mortgage. I'd be just as happy in a full service condo but kids love the extra indoors and outdoors space so the house is really for them.[/quote] You're lying. There is no way what you said is remotely true. I own a $3.5M house. No way the cost is anywhere close to $100k/ year before taxes and mortgage. If you are really worth $30M, you're not supposed to be this ignorant.[/quote]
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