Evan Prodromou$100K or less
About $1M
About $10M
$100M or more
Poll ended at .
Feel free to give your reasoning!
Jonathan@evan $1M sounds like a lot if you're thinking in pre-year 2000 dollars, but these days, it isn't that much anymore
https://www.cbsnews.com/news/real-estate-million-dollar-homes-at-record-redfin/
https://www.cbsnews.com/news/real-estate-million-dollar-homes-at-record-redfin/
A record share of U.S. homes are worth $1 million or more. See which cities have the most.
Many million-dollar properties are no longer considered luxury homes, with almost 1 in 10 U.S. houses costing at least that.
@jonathan Yeah, my searches give about $300K-400K median home price in the developed world, with cities like Toronto, Sydney and San Francisco having *median* home prices around $1M. So, owning your own home with a paid-off mortgage is putting you well into the $1M range for a lot of the world, without any other wealth.