Is zakah paid for luxurious houses and cars? Is there a limit for their material value?

Is zakah paid for luxurious houses and cars? Is there a limit for their material value?

Dear Brother / Sister,

Zakah is not paid for the things that are regarded as basic necessities like a house and a car no matter how expensive they are.

The rate of zakah given by a person increases based on his financial situation. A person who lives in a waterside has a high income. He has to pay zakah from his income in a certain amount. The zakah paid by that person will be more than the zakah paid by a person who lives in a cheaper house and has a lower income.

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