Sun’s shining – on the Rich that is (Part 1)
All’s well for America’s wealthy for they see the current housing crunch as opportunity. That opportunity comes in the form of properties they either acquire for themselves as vacation homes or as investments in expectation of the expected recovery of the market. The rich and wealthy of the country are buying up properties like hotcakes and many areas such as Florida are getting big purchases. Even in the crowded city center’s, properties are exchanging hands (with some discounts and negotiations of course) but they are still selling. Families who earn in excess of half a million a year are the prime movers with those in the lower brackets (affluent, upper middle class) voicing interests of their own.
Tags: Property Investments, Wealthy