• Kactus@piefed.world
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    4 days ago

    If you are counting housing as assets, but you are forgetting mortgages as debts. Net millionaire would still be rare. What was the one that came out last month, there were 600 odd billionaires with more wealth than the bottom 2 million households. My banks house they let me live in has gone up in value

    • fizzle@quokk.au
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      4 days ago

      Nah, I’m not forgetting mortgages. Anyone over 50 who bought a house in a major city in their 20s likely has a million in net assets

      Don’t forget super