The Rich Are Ready to Spend on Their Homes

The wealthy are optimistic and ready to spend. That's the projection Bob Shullman, President of Ipsos Mendelsohn, shares in recent news interviews from the firm's latest affluent survey. According to their findings, more than 40% of the top affluent Americans plan to spend on their homes this year.

Will the upper crust lead us in a recovery? According to Mendelsohn, when they buy, they spend 3.8 times more than the mass market.

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