masterplum posted...
Not a good look, but I think its a little bit of a bamboozle if he was trying to factor in apartment ownership.
A condo/apartment in nicer parts of
Las Vegas
goes for 200k. In LA, it's like 500k, meaning it's gotta be at least that high in a NY borough.
I can't help seething with jealousy whenever I'm confronted with an example of these people who have either inherited everything or started 40 years ago (when it was possible to own a home on like $11 an hour) and are now sitting on a mountain of equity. They have no clue what people today are going through.