Magnitude matters in a system designed to reward rich people. You can’t afford rent, so you will have to settle for sleeping in your car. Altman can’t afford a $100MM house, so he will have to settle for sleeping in a $20MM house.

Poverty in the end is about lack of access to better conditions of living. Some people are running away from war zones with nothing but the clothes they have on. They are broke, but they’re not “can’t live in the metropolitan area of NY and has to settle for the suburbs” kind of broke.