Ever wonder how your income stacks up against your neighbors? Within your geographical region? Are you part of the fabled one percent? The New York Times offers an interactive chart where you can see how your income stacks up in various regions of the United States. See the chart here.
by Roberta Murphy The luxury real estate market in Paris is beginning to bulge with inventory, as wealthy business tycoons prepare to leave France and its looming tax rate of 75 percent of annual income above 1 million euros. According to France 24 , around 400-500 residences worth more than one million euros ($1.3 million) have recently hit the Paris market–and other French cities are being affected as well. But…
by Roberta Murphy Luxury is booming and Wall Street is keeping a keen eye on how the rich are spending their wealth. And what better way to measure that hedonism than by creating a variety of indexes that track the shopping of the ultra-rich that we can call the Luxury Blingdex. The demand for four-figure handbags, five-figure baubles, six-figure cars, luxury resorts and travel, insurable art and heady wines has…
