Quote:
Originally Posted by Unregistered
It is incorrect to say that properties are liabilities rather than assets just because there is an outstanding loan on the property. If you own a piece of property currently worth $3 million but the outstanding loan for it is $1 million, your net asset is $2 million.
I agree with you that one should not be too quick to rubbish what people write as ********, unless one is also saying that the person who posted this below is also ********ting.
"Households in the highest decile – the 91st to 100th percentiles – earn an average of $23,684 per month.
To compare your household with the rest, enter your monthly household income:"
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whoever wrote that is indeed ********ting. ministers, pastors and charity CEOs all make millions a year - that's at least $100k a month. that's enough to skew the average in top decile by a lot. 23k is too peanuts. the stats must be wrong.