Mike Solana

This is also how owning a literal shack in SF for 40 years works

This is basically the housing crisis.

also person earning less that $100k is most likely in two income households thus able to save ton & invest in stock!.

We don’t want to hear the opinions of a billionaire on millionaires - what do you know of their struggles even?

in other words, 33% of millionaires started businesses

Honestly if you make more than 60k it is not hard to be a millionaire by the time you retire. Net worth >1mil is not even that hard in today's world.

Unironically, this is why more people should read Rich Dad Poor Dad. Assets produce and appreciate.

Ummm, $100k/yr is a lot of money. Anyone saying it isn't lives in a bubble.

also see: public pensions

Plus a 30 yr mortgage