A lot of people have debt on their home, if they own it. There are also a lot of Americans among the people with the lowest net worth in the world. That is mainly student debt and they do not live bad lifes, but the thing is that median net worth of adults in the US is still $93,271 according to the same study. So litterally half of Americans are not part of the global 10% in terms of net worth either.
The person you’re reacting to mentions net worth. Owning a total of 138k is like a quarter of a house here
A lot of people have debt on their home, if they own it. There are also a lot of Americans among the people with the lowest net worth in the world. That is mainly student debt and they do not live bad lifes, but the thing is that median net worth of adults in the US is still $93,271 according to the same study. So litterally half of Americans are not part of the global 10% in terms of net worth either.
You do realize that saying “Somewhat over half aren’t”, means that a very large number of people ARE, right?
Absolutly, I am just trying to put some numbers to it.