Industry News

Young baby boomers are typical owners of luxury homes

Entertainment rooms, designer kitchens most popular within demographic
Published on Jun 5, 2006

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by CareyBot

Today’s owners of million-dollar homes are typically younger baby boomers who work for a corporation, maintain diversified investment portfolios, and have household income of less than $500,000. Their homes can include such amenities as entertainment rooms, designer kitchens and wine ...