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How Wealthy are you?

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  • Flobberchops
    Flobberchops Posts: 1,279 Forumite
    1,000 Posts Fifth Anniversary Combo Breaker
    I find it a bit strange that people think property shouldn't be taken into account when comparing wealth.

    Of course property should be taken into account. Property can be bought and sold. Property is part of your wealth.


    My internal organs can be bought and sold, but I don't feel comfortable including my kidneys in my balance sheet.
    : )
  • droopsnoot
    droopsnoot Posts: 1,868 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    but I don't feel comfortable including my kidneys in my balance sheet.

    What about your inner ear?
  • OldMusicGuy
    OldMusicGuy Posts: 1,768 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    I assume you are in a different generation to mine, I'm 43, I think my parents did have it lucky in terms of property.
    Yup, I'm 62. Bought my first property in 1979 for under 20,000. Terraced houses in the street in Brighton where I first bought are now in the 450-500K range. Property was much more affordable when I started out, although Brighton was nowhere near as "trendy" as it is now. Although it had a great music scene back then (hence my user name....).
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