As a >$10m owner with a family of 5 deploying to a tier1 city (not in the US tho), I can tell you that this is beyond retarded.
If you've made this amount of money by yourself, you're prob a freedom/optionality maximalist and you'll never lock 65% of your nw (my god) in an apartment or house
I'm paying $12k/month rent on a very nice house + private school/nursery for 3. All in all my burn rate is ~$250k/year. That's 2.5% of $10m . Very achievable
$10m is more than enough. See pinned post.
LGW
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