The relationship between a million dollars and purchasing power has deteriorated dramatically: in 2003, $1 million could buy five median US homes (at $200k each); by 2024, a millionaire can buy only two homes, illustrating erosion of purchasing power and the problem of nominal wealth targets that do not keep pace with inflation.
factualpending
Speaker
Grant WilliamsEvidence Quote
“In 2003... you could have bought five median houses... Today you're a millionaire. You can buy two.”
Source
Grant Williams: Massive Once-In-A-Century Change Is Underway. Don't Be Blind To It!— Adam Taggart | Thoughtful Money®Created: 8/11/2026, 7:43:08 AM
My Notes
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