The median price paid by millionaires for their most recent acquisition

No, it does not. It means you live among people who live outside their means.

>>1961839
>live outside their means.
Why would anyone do that?

>>1961847
To impress friends, have a 'milestone', feel adequate to society's expectations and have some form of tangible progression, among other reasons

Hey OP, I drive a 2008 Jetta, can I hang out with you guys though

>>1961847
You can't take it with you, Hershel

>>1961839
This. While the occasional hobyist will knowingly save cash or actually be trying to call this an investment most people for some reason think if u make 5k a month then 6k shoukd go to bills..m

>>1961847
Conditioning to be a consumer since birth and everyine around u being a poor wagecuck whike u continur to mope and listen to their advise wondering why the fuck yar broke.

Change is a hard and lenthy process

that's like wondering why rich people don't spend significantly more on hotdog buns than poor people.

>>1961830

OP, aren't you assuming that the distribution of wealth is proportional to the distribution of prices for a new car?

If I told you that the median price that millionaires spend on lunch at McDonald's is $6.50 and for decamillionaires, $7.00, are you going to assume that the price spent for people of average wealth is much lower?