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[-] Procapra@hexbear.net 13 points 4 months ago

Millionaire as in, has 1mil in their bank account? 1 mil in stocks? Or 1mil in assets (home, car, etc)?

IMO, it is way different to have a million dollars in your bank or in stocks, than to have like, an 800k home with a nice job.

[-] lil_tank@hexbear.net 7 points 4 months ago

Yeah it's probably something like the sum of all your belongings.

Typical scenario of grandparents bought a house in a poor neighborhood and two generations later gentrification made it 10 times more valuable so their middly privileged grandchildren are now technically millionaires

this post was submitted on 06 Aug 2024
72 points (97.4% liked)

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