I thought the millionaires in the counties would be far more than reported. You can see a lot of nice cars on the road as well as off the road everyday. Many of the people living there already paid off their homes and each of the homes is worth more than a million dollars. They can cash them in without tax or penalty at any time they would like to.
It seems that way, sort of. However, many of the people there still have to pay their mortgages, probably for 15 to 20 years. A millionaire in California doesn』t mean much and most of my neighbors are the millionaires. They are no different than us, using coupons, going to discount stores, etc.