10% population in SD county are millionaires (exclude Primary RE)?!

[JWM in SD]

“I am not really taking that stance. Just using a personal anecdote to reply to biased anti- Real Estate sentiment. Probably shouldn’t do that.”

Don’t worry, I know you didn’t really mean it that way…just some verbal sparring on my part.

I shouldn’t have used “you” in my response. I meant that in a generic sense. Not your situation in particular. I’m not biased against RE…I’m biased against inflated, loose credit RE.

The issue is timing Rustico. It is critical when investing in anything. If the initial investment cost is too high, then it won’t make the hurdle rate. THis is what I learned in 2 plus years of analyzing RFQs and RFPs for Borg Warner Automotive.

[Eugene]

two points.

first, 11% of households and 13% of families have annual incomes of 150K or higher. (On the other and, 35% of families earn less than 50K)

second, millionaire households are predominantly white married couples aged 55+.

[Eugene]

two points.

first, 11% of households and 13% of families have annual incomes of 150K or higher. (On the other and, 35% of families earn less than 50K)

second, millionaire households are predominantly white married couples aged 55+.

[Eugene]

two points.

first, 11% of households and 13% of families have annual incomes of 150K or higher. (On the other and, 35% of families earn less than 50K)

second, millionaire households are predominantly white married couples aged 55+.

[Author]

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