From The Keeping Current Matters Blog
by Steve Harney on March 9, 2010
Whenever you are selling anything, it helps to have an idea what your customer is thinking. I had the opportunity to attend a session at the Luxury Portfolio Summit in Las Vegas which covered the findings of the Survey of Affluence and Wealth in America 2010 produced by American Express Publishing and the Harrison Group. Below are the highlights of the report which we received in the program for the event.
If you are selling a home in the upper price ranges in your region, you should find the following statistics rather interesting.
How do the wealthy feel?
- 70% still say their economic security has been affected and one-quarter are worried about losing their job or company.
- Confidence in political and business leaders remains very low.
- The savings bubble persists.
- Desire for “value” and budgeting are mantras, but NOT at the expense of quality.
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