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D. Gerasimatos
 
Posts: n/a
Default Buying a much bigger house

In article ,
Doug Miller wrote:

This is what you posted:

"I have read this book. It does not say what you think it says. What it
says is that wealthy people tend to have some of the least expensive
homes IN EXPENSIVE COMMUNITIES and that their ratio of wealth to price
of house is high. So they live in affluent communities, but own the
more sensible houses even though they have some of the most money in
those communities. This certainly makes sense. They live below their
means, which is still a very good standard of living compared to most
people. "

That's not what the book says.



Yes, it does. What are you taking issue with?


Dimitri