I am 34 and living in Wellington. We are married with one child and both working full time. Our house's GV is $455,000 and our mortgage is about $300,000 (it was only $250,000 when we bought the house but we have added to it, landscaping, removating, life, etc). We have had this house for 9 years. A friend of mine, slightly younger has just bought a $900,000 house, and 4 other friends have houses worth about the same plus rental properties. I always thought that was the exception rather than the rule but now I am beginning to wonder? There were two Porsche Cayennes parked outside kindy this afternoon at pick up time. Does this seem 'normal' or do I just have extraordinarily rich friends? I thought we were pretty lucky to even have our own home at our age and yet there seem to be lots of so and so hasn't even paid off their mortgage yet, so and so's adding to their rental portfolio, so and so's going bach shopping this weekend? I am sick of hearing about it. I despise the rich image some people portray and all that comes with it, fancy cars, etc etc. But that aside there is no way we could or would ever buy a brand new car or a million dollar house. Do I just need to get new friends???