this post was submitted on 30 Oct 2024
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United States | News & Politics

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[–] grysbok@lemmy.sdf.org 5 points 2 weeks ago (1 children)

"Millionaire in assets" is even less impressive when you factor in someone's home value. Like, Zillow keeps telling me my condo is worth $350k. I guess I am worth that on paper, but it's not liquid or "walking around" money.

[–] JackbyDev@programming.dev 4 points 2 weeks ago

Unless your mortgage is totally paid off you aren't necessarily worth that much on paper.