Comment by quickthrowman
3 hours ago
> What percentage of Americans, especially home-owning Americans, have more wealth in the stock market than in their home?
I don’t own a home (and can’t afford to own a home) but I have close to $1M in various retirement accounts. If you’re a first time homebuyer in my area, you need an income of like $150k to afford it and not cut retirement savings to zero.
I’ll be able to retire some day but may never be able to afford a home. It’s an odd situation to be in, nearly a millionaire and only able to afford a meager apartment.
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