Well, where I come from in the USA, a million dollar home does mean at the very least being a millionaire. If you can afford it, you have money. You may not be Bill Gates, but you aren't lacking for anything in life.
I live in a tiny studio apartment. If you are living in a tiny million dollar home Elspeth, you are being ripped off. A million dollar home here will get you more!! But then again, I don't know what your definition of tiny is.
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