Why Many Millionaires Choose to Rent, Not Buy

For many high-net-worth individuals, owning a home is not an appealing financial move right now.
Why Many Millionaires Choose to Rent, Not Buy
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Anne Johnson
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Home ownership is the classic American dream. Traditionally, owning a home has been a mark of success and financial security.

That dream is changing for many millionaires, with many affluent individuals opting out of high-priced homes for their primary residences and instead choosing luxury rentals.

Anne Johnson
Anne Johnson
Author
Anne Johnson was a commercial property & casualty insurance agent for nine years. She was also licensed in health and life insurance. Anne went on to own an advertising agency where she worked with businesses. She has been writing about personal finance for ten years.