Sentences with phrase «younger wealthy consumers»
According to the survey of Americans age 21 or older with a minimum gross annual household income of $ 250,000, 43 percent of younger wealthy consumers are considering the purchase of residential property in the next 12 months, compared to 21 percent of those age 55 and older.
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Charlie Chen, head of the investment bank's China consumer research, said younger and more wealthy Chinese are more discerning than ever, and just because a brand is from offshore it does not mean they will buy it.