Million Dollar Homes And Who Owns Them
Almost all the people out there want to own their own home, and that is natural, especially once you settle down and want to have a family. After all, living in rent provides a certain kind of uncertainty that does not create a healthy environment for children to grow up in and most of the people out there will at least dream of having their own home, some day. The truth is that this dream is quite achievable, if you have a stable job that pays fairly well. However, million dollar homes are not something everyone can afford, but they may be closer to you than you think.
When people think of a million-dollar home, they most certainly think of luxury. Most often, this home has a lot of bedrooms and a swimming pool and it is decorated in the latets fashion. Yes, this is how one of those million dollar homes looks like and although it may seem that they are only owned by celebrities, you may change your opinion once you find out the fact that the most expensive celebrity real estate asset in the world is worth not one million and not even 10 million dollars, but no less than $150 million dollars.
Million dollar homes are, therefore, both for the celebrities and for those of you who make a good income. If you are in the business world, if you are a doctor, a lawyer or any other profession that pays very well in the U.S., you are most likely the owner of a million dollar house.
Fame is not necessarily a pre-requisite of the million dollar real estate assets and once you undersdtand that, you will be amazed at the fact that almost any well paid professional can afford a million dollar home. Even more, what may surprise you even more is the fact that there are many million dollar homes out there you would not have believed they cost so much. The key here is the location in which you buy the real estate, because this can influence the price with as much as 30% or 40% more. For instance, you can hardly find any real estate asset in Chicago that is worth less than $1 million, but as you go farther from the city, you can get the same kind of home somewhat cheaper than in the city itself (although it will not be the same thing, especially if you want to live close to the city).