doubleb
New Contributor
I thought the readers of this forum, would appreciate this article, taken from the Texas Realtor, its the State Board of Realtor's Monthly Magazine December 09 Edition.
Go figure
Millionaires live in the most expensive homes, right? You might be surprised. Certainly, many people with large incomes and high levels of accumulated wealth own pricey homes, but large numbers of wealthy individuals live in more modest dwellings. Here are some interesting numbers from Stop Acting Rich … And Start Living Like a Real Millionaire by Thomas J. Stanley, Ph.D.
403,211 - Number of millionaires who live in homes valued at $1 million or more
1,138,070 - Number of millionaires who live in homes valued at $300,000 or less
90% - Percentage of millionaires who live in homes valued at $1 million or less
67,000 - Approximate number of millionaires who live in mobile homes
41% - Percentage of homes valued at $1 million or higher owned by people with $200,000 or higher annual income
Go figure
Millionaires live in the most expensive homes, right? You might be surprised. Certainly, many people with large incomes and high levels of accumulated wealth own pricey homes, but large numbers of wealthy individuals live in more modest dwellings. Here are some interesting numbers from Stop Acting Rich … And Start Living Like a Real Millionaire by Thomas J. Stanley, Ph.D.
403,211 - Number of millionaires who live in homes valued at $1 million or more
1,138,070 - Number of millionaires who live in homes valued at $300,000 or less
90% - Percentage of millionaires who live in homes valued at $1 million or less
67,000 - Approximate number of millionaires who live in mobile homes
41% - Percentage of homes valued at $1 million or higher owned by people with $200,000 or higher annual income
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