Conversation

Notices

1. Embed this notice
   Evan Prodromou 🇨🇦🇺🇸🇬🇷🇵🇸 (evan@cosocial.ca)'s status on Tuesday, 26-May-2026 21:59:15 JST Evan Prodromou 🇨🇦🇺🇸🇬🇷🇵🇸

   Feel free to give your reasoning!

   • Embed this notice
     Evan Prodromou 🇨🇦🇺🇸🇬🇷🇵🇸 (evan@cosocial.ca)'s status on Tuesday, 26-May-2026 23:49:31 JST Evan Prodromou 🇨🇦🇺🇸🇬🇷🇵🇸

     in reply to

     • Podcast Host Kaito

     @jonathan Yeah, my searches give about $300K-400K median home price in the developed world, with cities like Toronto, Sydney and San Francisco having *median* home prices around $1M. So, owning your own home with a paid-off mortgage is putting you well into the $1M range for a lot of the world, without any other wealth.

   • Embed this notice
     Podcast Host Kaito (jonathan@charade.social)'s status on Tuesday, 26-May-2026 23:49:32 JST Podcast Host Kaito

     in reply to
     @evan $1M sounds like a lot if you're thinking in pre-year 2000 dollars, but these days, it isn't that much anymore
     
     https://www.cbsnews.com/news/real-estate-million-dollar-homes-at-record-redfin/
   • Embed this notice
     Evan Prodromou 🇨🇦🇺🇸🇬🇷🇵🇸 (evan@cosocial.ca)'s status on Wednesday, 27-May-2026 06:49:49 JST Evan Prodromou 🇨🇦🇺🇸🇬🇷🇵🇸

     in reply to

     • Podcast Host Kaito
     • CourtCantrell will not comply

     @courtcan @jonathan The question is about total wealth (assets minus debts), not annual income.

   • Embed this notice
     CourtCantrell will not comply (courtcan@mastodon.social)'s status on Wednesday, 27-May-2026 06:49:50 JST CourtCantrell will not comply

     in reply to

     • Podcast Host Kaito

     @jonathan @evan

     I assure you, $1M per year still sounds like a lot to a 3-person family with a single income well below $100k in 2026.

     I honestly can't see why anyone would *need* more than $1M per year.