'07 annual wealth report prime residential property [electronic resource]
Language: English Publication details: London Knight Frank 2007Subject(s): LOC classification:- 333.33 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 139792-1001 |
Reports on the prime residential market and attitudes of high net worth individuals (HNWIs) who hold a portfolio within it. Finds that the dramatic increase of the prime market, in contrast to the wider market's sober condition, reflects a real trend of wealth creation. The key difference between HNWIs and other investors is the attitude to risk and reward. HNWI portfolios are incredibly diverse and this, along with greater capital, is seen as the main reason. Purchase activity in the prime market is motivated by the desire for luxury; solution to time poverty; and the desire for prestige.