• fidodo@lemmy.world
    cake
    link
    fedilink
    English
    arrow-up
    15
    ·
    edit-2
    4 months ago

    You pretty much need to be a millionaire if you want to be a home owner in a lot of places, although the problem is the inflated market.

    • SwingingTheLamp@midwest.social
      link
      fedilink
      English
      arrow-up
      4
      ·
      4 months ago

      Yeah, saying millionaire/billionaire as a category is gibberish. You have to be a millionaire if you want to do something crazy, like, I dunno, retire comfortably when you’re 65. You have to be a billionaire, well, never. Nobody needs to be a billionaire.

    • frezik@midwest.social
      link
      fedilink
      arrow-up
      1
      ·
      4 months ago

      And even if you don’t, you’ll probably be a millionaire (on paper) once you have it paid off and the value has increased even more.