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Owning a $1 million home is no longer considered a luxury in America

Owning a $1 million home is no longer considered a luxury in America - including California, New England, and Florida, though there are a smattering of high-priced listings across Texas and the South, according to Trulia. But the rising cost of luxury underscores the severity of wealth inequality that's striking communities across America . While the median home price in the ...