NY Times: Why Are More Millionaires Renting?(nytimes.com)
nytimes.com
NY Times: Why Are More Millionaires Renting?
https://www.nytimes.com/2025/09/04/realestate/millionaire-renters-homeownership.html
3 comments
https://archive.ph/GlWNS
does a millionaire own a property, rent it out, and live somewhere else? Did two millionaires with low interest rates basically swap houses? They're renters!
This millionaire count is also deceptively low. Only lists a couple hundred millionaires in the entire Seattle area.
This millionaire count is also deceptively low. Only lists a couple hundred millionaires in the entire Seattle area.
> Of course, most affluent people still prize homeownership. The number of millionaire homeowners reached 143,320 in 2023 — more than 10 times the amount of millionaire renters.
That few? Does this not count the actual value of the owned home?
That few? Does this not count the actual value of the owned home?