" For example, it is a common mistake to assume that middle aged man driving that $ 70,000 luxury car living in that $ 3 million McMansion is “rich.” The truth is most people who drive $ 70,000 luxury cars and live in $ 3 million McMansions are poor. Yes, they own a $ 70,000 car and a $ 3 million house, but they have a $ 70,000 car loan and a $ 3.5 million mortgage. In other words, they owe more than they own resulting in a NEGATIVE “net worth” of $ 500,000. "

― Aaron Clarey , Bachelor Pad Economics