\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

1 in every 10 Americans is a millionaire

https://x.com/unusual_whales/status/1999463495696605441?s=46
soul-stirring obsidian quadroon elastic band
  12/12/25
The average crappy house is a million bucks now. Rich starts...
Confused round eye
  12/12/25
How much of this is driven by cash poor boomers that have a ...
garnet fortuitous meteor
  12/12/25
Obviously THIS, but a million bucks is still shit.
Confused round eye
  12/12/25
Depends where you live tbh. But it easier to make a million ...
garnet fortuitous meteor
  12/12/25
I thought so too, but this is what AI said: Approximately...
vibrant old irish cottage plaza
  12/12/25


Poast new message in this thread



Reply Favorite

Date: December 12th, 2025 10:45 AM
Author: soul-stirring obsidian quadroon elastic band

https://x.com/unusual_whales/status/1999463495696605441?s=46

(http://www.autoadmit.com/thread.php?thread_id=5809457&forum_id=2:#49504149)



Reply Favorite

Date: December 12th, 2025 10:47 AM
Author: Confused round eye

The average crappy house is a million bucks now. Rich starts at $10 million now. A million bucks doesnt even buy you into a decent suburb. $5 million and you still have to skrimp on private school.

(http://www.autoadmit.com/thread.php?thread_id=5809457&forum_id=2:#49504151)



Reply Favorite

Date: December 12th, 2025 10:49 AM
Author: garnet fortuitous meteor

How much of this is driven by cash poor boomers that have a bunch of money tied up in a house they bought 30 years ago. The number of truly liquid millionaires has got to be a good deal lower.

(http://www.autoadmit.com/thread.php?thread_id=5809457&forum_id=2:#49504155)



Reply Favorite

Date: December 12th, 2025 10:52 AM
Author: Confused round eye

Obviously THIS, but a million bucks is still shit.

(http://www.autoadmit.com/thread.php?thread_id=5809457&forum_id=2:#49504162)



Reply Favorite

Date: December 12th, 2025 10:55 AM
Author: garnet fortuitous meteor

Depends where you live tbh. But it easier to make a million bucks in the areas where it basically amounts to shit. LJL

(http://www.autoadmit.com/thread.php?thread_id=5809457&forum_id=2:#49504168)



Reply Favorite

Date: December 12th, 2025 10:57 AM
Author: vibrant old irish cottage plaza

I thought so too, but this is what AI said:

Approximately 9% of American households have a net worth of $1 million or more when excluding home equity. This figure is based on data from sources like the Federal Reserve's Survey of Consumer Finances and wealth reports from UBS and Credit Suisse, which define such "investable assets" as including financial holdings (e.g., stocks, bonds, retirement accounts, and cash) minus debts, but not primary residence equity.

For context:

There are about 131 million households in the US (per US Census Bureau estimates as of 2023).

This equates to roughly 11.8 million millionaire households excluding home equity.

By comparison, when including home equity, the percentage rises to about 18% (around 23.6 million households).

(http://www.autoadmit.com/thread.php?thread_id=5809457&forum_id=2:#49504173)