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by dragonwriter 1200 days ago
> Converted to South African rand, it’s about 7.2 million.

> To put that in context, the average home price in South Africa is about a million rand. So at most they would have been able to buy 7 properties

That’s... not how averages work.

1 comments

If a house costs a million rand, and you have 7 million, then you can buy 7 of them, right? What am I missing?
If an average house costs a million rand, and you have 7 million rand, 7 properties is not the maximum you could buy.

(If the minimum price was a million rand, then 7 would be the maximum.)

Oh, I didn’t realise I wrote “at most”. You’re right, that was incorrect.