"90% of millionaires became so through owning real estate" huh weird that's a pretty low innovation industry famous for poor customer satisfaction and catastrophic boom bust cycles wonder whats up with thatpic.twitter.com/qjN3Y6NrxC
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Yeah this is pretty much the result of the vast increase in the cost of residential housing, with owner-occupiers benefiting on paper
Only really works well if you can ride a regional wave over steps then exit the region.
Everyone in Vancouver is a millionaire if they own a modest home in the suburbs.
yes this is most millionaires own a house
I think it could be true, the ad certainly gets me motivated about tearing up every last zoning code in existence
Figure is probably fake sure but eigen I have to say “a million dollars isn’t very much money” is an absurd thing to say to many many people
To the (probably significant) extent that this is “people bought a regular house 30 years ago and it’s value exploded” yes that’s kinda my beef, that and the things do to protect that exploded value
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