Sentences with phrase «major source of wealth»

Since home equity is a major source of wealth for most owners, sharply lower house values make owners feel less wealthy and therefore less likely to spend in general and on improvements in particular.

Real estate is a major source of wealth, and your stake is simple to calculate.

Not exact matches

LONDON — He is a little - known Saudi prince from a remote branch of the royal family, with no history as a major art collector, and no publicly known source of great wealth.

After a major openDemocracy investigation last year found serious questions about the extent of Banks's wealth, the Electoral Commission announced that it is investigating whether, in the run - up to the Brexit vote, Banks and one of his companies broke campaign finance rules requiring transparent sources of funds, and prohibiting donors from outside the UK.

Instead, I think that a major source of the support for making energy seem scarce comes from those people whose wealth and power is sourced from the perception that energy is scarce.

It is also important to note that this was at a time when the Trans - Atlantic Slave Trade was a major source of economic gain for North American and European powers, who used un-free labour of Africans to amass the wealth that allowed these regions to enjoy otherwise unimaginable luxury and leisure and which would later drive the West's Industrial Revolution (also built on the backs of Blacks, through the use of exploited Africans who, in Africa, extracted the natural resources used to build Western cities, factories and products of the Industrial Revolution).

Author Greg Ip contends that the strengthening sales of upscale houses in high - tech hubs, where wealth gained from the stock market was the primary source of financing for major purchases, indicates that the recession may be receding.