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Reply to "How rich are people buying 1-1.5 mil homes?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Wow it is amazing how much people have tied up in their houses. [/quote] Compared to total net worth? I agree with you. Essentially these folks are all [b]dependent on their continued gainful employment to fund their lifestyles[/b].[/quote] Lol, what? Yes, most of us have to work to get money to live. That is called capitalism. [/quote] Not according to this PP...who thinks that when we were poor grad students, we had extra money to invest, but just didn't understand the power of compounding. I was literally eating ketchup on saltines to save money. Growing passive income streams at that point was quite an impossibility, I assure you. [/quote] It’s nice that you could afford grad school. I was drinking the free coffee at work for breakfast and eating ramen noodles for lunch in my 20s at my first job while I rented a room in a group house. And I’M privileged. [/quote]
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