Industry News

Million-dollar homeowners dominate household wealth

Harvard study finds only 1 out of 762 such owners is a minority
Published on Feb 18, 2004

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by CareyBot

Owners of “million-dollar” houses represent nearly one-fifth of all household wealth in the United States, and two-fifths of this country’s household net wealth is in the hands of the owners of “half-million-dollar-plus” houses, according to a new study released by ...