• fidodo@lemmy.world
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    9 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
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      9 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
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      9 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.