alt Hacker News> The median Boomer has a net worth of $300-$400K, the largest fraction of which is probably their house (so not income-producing)
What? Do you not live in your house?
> The median Boomer has a net worth of $300-$400K, the largest fraction of which is probably their house (so not income-producing)
What? Do you not live in your house?
You do, but even if it's paid for, you still have to pay taxes, insurance, and maintenance on it. It's likely better than renting in most cases, but it's not a free place to live.