Comment by PaulDavisThe1st

This seems to depend an awful lot on your conception of a "rich person".

My wife and I have owned (at separate times) a couple of rental properties over the years due to various life circumstances (we no longer do). Both properties were valued in the mid $200k range. While being even in that situation certainly makes us unusually fortunate, it gave us no access to cheaper credit.

Now, I appreciate that there is a version of a "rich person" who does. But the GP's example wasn't specifically restricted in that way.