Millionaires Abound In Hawaii!
July 27th, 2009 categories: For Sellers, Rants & Riffs, The Market
According to Pacific Business News, Hawaii has the more millionaires per household than any other state in the union.
“Phoenix Marketing International of New York defines a millionaire household as one with $1 million or more in investable or liquid assets, excluding sponsored retirement plans and real estate.
The marketing firm announced Friday the number of millionaires in the U.S. has declined by 14 percent over the past two years.
But 6.4 percent of Hawaii’s households, or 28,363, are millionaires.”
CLICK HERE TO READ THE PACIFIC BUSINESS NEWS ARTICLE
It would be fun to see how much of this wealth has been created by appreciation in real estate. I’ll bet that real Hawaii property values have played a significant role in helping create this statistic. Think about it.
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If you would like to put KU Realty to work for you, feel free to call me, Keahi Pelayo, at 808-737-2093 or toll free at 877-737-2093. You can email me at keahi@lava.net.
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