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Luxury Real Estate Spotlight Series: UHNW City Archetypes – Primary Residents And Secondary Home Owners

Real Estate Agency

There are characteristic differences between UHNW primary residents and secondary home owners in Hong Kong, London and New York.

In this section we examine in more detail some of the key characteristics of — and differences between — UHNW primary residents and UHNW secondary home owners in the three leading cities of Hong Kong, London and New York. We find that while there is naturally some overlap across the six chosen groups, each one displays a number of distinctive traits among its cohort, whether related to gender, wealth source, age or primary industry.

Across Hong Kong, London and New York, UHNW secondary home owners are generally slightly younger and have a higher female representation than their primary resident counterparts.

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