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by radicalbyte 1465 days ago
Honestly at this point it's almost worth excluding housing. You have a generation from about 45-60 who bought their London houses for around the 50-200k mark who have an asset worth 0.8-2.5M and are earning 200-300k a year. You then have those a bit younger with similar incomes but who had to "buy high".

Both are "rich" but I would probably only classify the former group as "wealthy" as they're sitting on huge assets.