$7Million for a house?

I watched this report again on the news this morning. Who in the hell is making so much money that they can afford a 7 Million dollar 2nd home. Yes lake Tahoe is beautiful but That much money? OMG I thought moving from Oklahoma making more than double the money but still less than $100K, that I was doing well. Damn, thanks for bursting my bubble. The fact that most of these people are from the Bay Area goes a long way in explaining why there are so many that can not afford to live in the city by the bay. I guess that is why you don't see very many Wal Marts there as minimum wage would not able a perso to even ride the bus unless it is $40 an hour. below is the story
Feb. 23 (ABC7) — Record sales of vacation homes are fueling an explosion in real estate prices at Lake Tahoe, and many of the buyers are from the Bay Area. The average sales price of Tahoe homes is up almost 20 percent over a year ago. For homes over a million dollars, prices are up 34 percent. In this Assignment 7 report, ABC7's Leigh Glaser gets a rare look inside some of those high end homes to see what buyers are getting for their money.
Click here to watch this report.