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NY Times: Why Are More Millionaires Renting?
- hedgehog0 1y agohttps://archive.ph/GlWNS https://archive.ph/GlWNS
- zahlman 1y ago> Of course, most affluent people still prize homeownership. The number of millionaire homeowners reached 143,320 in 2023 — more than 10 times the amount of millionaire renters. That few? Does this not count the actual value of the owned home?
- khelavastr 1y agodoes a millionaire own a property, rent it out, and live somewhere else? Did two millionaires with low interest rates basically swap houses? They're renters! This millionaire count is also deceptively low. Only lists a couple hundred millionaires in the entire Seattle area.