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A comment on The privilege of risk. Parent comment

Re:The privilege of risk by WalterBright on Wednesday October 11, 2017 @08:21PM (#15454721)
Having a $1M house doesn't make one a millionaire; it might come with an $800,000 mortgage, and the net would be $200,000.
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Re:The privilege of risk by maxsilver on Wednesday October 11, 2017 @09:00PM (#15454872)
> Having a $1M house doesn't make one a millionaire; it might come with an $800,000 mortgage,

Sure, but being able to swing a $800k mortgage is almost the same thing. You'd need an income of roughly $200k/yr, which would put you well above the top 10% of incomes nationwide.

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