Young baby boomers are typical owners of luxury homes Premium Content

Entertainment rooms, designer kitchens most popular within demographic

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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 cellars, according to the 2006 Coldwell Banker Previews International Luxury Survey.

The annual survey, which included interviews with 300 U.S.

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