Quote Originally Posted by TantricSoul View Post

Just in case anyone really wants to know instead of making uninformed generalizations, you can find the answer to that question right here:

http://npc.umich.edu/poverty/
Well! That puts you two up on most people.

Many try to do what you said. The chart seems a bit short though it is a good start. The income cutoff goes as high as a little over $30,000. Alaska and Hawaii have separate rates.
Even at these numbers 46% of the poor own their own home! And a whole host of things that many consider luxuries.