Millionaire Rule 1.49 By Thomas J. Stanley, Ph.D.

[Bryan Hancock]

I thought others may be interested in this:

Millionaire Rule 1.49

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I have found that when millionaires made their first home purchase, the ratio of the purchase price over their annual household income was just 1.49 [median]. And today they have seven times more wealth [median] than their non millionaire neighbors.
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This kind of highlights how important it is to avoid the Realtor propaganda about your home being an "investment." The often-quoted 2.5 ratio seems to be a negative contributor to wealth instead of what the salesmen would have you believe.