Showing posts with label Luxury Portfolio International. Show all posts
Showing posts with label Luxury Portfolio International. Show all posts

Thursday, November 1, 2018

The Upper Crust is Rising



High Net Worth Individuals (HNWI) grew last year, globally, by 13%.  Their wealth grew 16% to $31.5 Trillion. In a recently released white paper report by Luxury Portfolio International, 38% surveyed HNWI plan to purchase in the next three years. Only 23%, however, plan on selling.  Some highlights of the white paper are:
·         Purchasing a home ranks as the most obvious indicator of success worldwide.
·         Real estate is seen as a smart financial investment and driver of personal wealth.
·         HNWI’s are more likely to say the “physical space” is the most important factor in the buying decision.
If you’d like to get a copy of the white paper from LPI, CLICK HERE.