As a Californian, I am very familiar with people who are more house rich than rich, and while Mr. Yglesias is correct in his analysis, it doesn't mention that house rich, cash poor people have ...

adding that he's comfortable selling to the very rich in ripped jeans and a T-shirt. "I don't really care whether they've got gates outside their house or they live in a massive mansion." ...

In the next episode of Rich House, Poor House, which will air on Sunday, November 3 on Channel 5 at 9pm, millionaires Katy ...