California Rich

What is California Rich?


1.

where the vast majority of one's net worth is tied to their home value. so when compared to the others' in California, their net worth is "average," even though in most other parts of the country, they would be considered "rich."

another aspect is that one's income and lifestyle is not commensurate with with the value of their home. in other words, the increase in their income has not kept up with the increase in their home value. therefore, if they had to purchase their home today, they could not afford it.

I wish I could afford a new car, but I'm only "california rich."

See rich, poor, debt, equity, wealth, ghetto, broke


34

Random Words:

1. a romance that forms between two emo's(emotional people) or sad people. Girl 1- Jenny and Robert are totally together! I always se..
1. After having unprotected sex, the woman is left full of semen and as such has to do a John Wayne type walk to the bathroom to clean up, ..
1. high quality paint Heather Spence: hey guys I got some new montanas Sam Sharp: lets go bombing! See krylon, tag, throw up, spray pain..