There are parts of the US where folks worth just a million or two can't afford a really nice house.
Strange...and I know it sounds crazy to most freepers
It's true.
Typically the money is tied up - not liquid.
Many of us with minimal property holdings will become millionaires by default with a few more years.
Of course by then, being a millionaire will be about as impressive as having a credit card.
In the building where I live a two bedroom apartment (co-op) goes for over 750,000. That's an ordinary, unrenovated 60 year-old apartment with no parking and about $1500 a month in maintenance charges on top of your 15 year mortgage payments.
But I do pray for the suffering people of Zimbabwe. Seems their situation just gets worse every day.