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Reply to "How rich are people buying 1-1.5 mil homes?"
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[quote=Anonymous]These data points don't make sense without age. For example, we are $250K HHI (one spouse working) and $6M NW but live in a 850K house. But we are mid-50s. Should we upgrade to a $1.5M house? Can't make that call without understanding who's buying those more expensive homes.. BTW, buying a $1.5M house does not make you rich. That's reserved for $3M and over in this area.[/quote]
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