Re:How Zillow's homebuying scheme lost $881M
by soggybutter on Friday March 18, 2022 @11:12PM
(#30730605)
Top 2% puts you fairly deep into the six figures, no? I've not even surpassed top 10% and haven't had too much issue getting into 2 homes in the last 3 years. Both in areas I would consider "semi-desirable", which leaves me wondering what exactly do other folks consider "semi-desirable"? Unless of course you mean buying a home outright, in which case this makes total sense
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Re:How Zillow's homebuying scheme lost $881M
by chii on Saturday March 19, 2022 @02:45AM
(#30731725)
top % income earners aren't the top wealth owners. One should examine the rate of wealth growth (not just via income, but via other forms of gains, such as capital gains and business income). I bet you will find that the top 2% income earners are barely even the top 50% wealth gainers that year.