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Old 04-20-2008, 03:29 PM   #6
mini
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Join Date: Aug 2004
Location: Olympia, WA
Threads: 146
Posts: 7,822
Actually, they do. It is true that owning an apt. in New York City may cost more than a house in Topeka. But it is also true that as an asset, its value has multiplied far more quickly that the house in Topeka (which is actually losing value.)

Wealth is defined by assets, not income.
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