Millennials Are Struggling To Buy Homes

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Baby Boomers are getting older and Millennials are entering the housing market for the first time. However, CNBC Reported that millions of Millennials are holding off longer and longer to purchase a home. While older generations saved vastly before being able to purchase a home as quickly as possible, CNBC reports research from the Urban Institute (policy research group) that …

Chinese Reportedly Outnumber Americans in Top 10% for Wealth

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Overall, millionaires own 158.3 trillion dollars in net assets, accounting for 44% of total global wealth and assets. CNN Has reported that there are now more Chinese than Americans in the top 10% of the global economy. While China is catching up as a  global power house, it still falls behind in the number of Millionaires compared to that of the …

The Most Expensive House for Sale in America

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There is a new trend in very high end L.A. real estate, and it’s good news for billionaires! A recent New York Times article discussed the fact that there has been significant growth in recent years of the world’s billionaire population, but that the extreme high end of the real estate market hasn’t kept up.  The article interviewed two developers to the …