I live in a subdivision surrounded by million dollar plus homes. The retirees own them free and clear, the young folks, its doubtful. Including housing in net worth here it is easy to be a millionaire. But, I don't know anyone taking trips to Africa. Liquid cash available- who knows.
The government keeps saying it want more affordable housing constructed, it is essential! When asked the government spokesmen admitted they didn't have a definition of "affordable housing".
Jim
