Real Estate Holdings Among the Super-Rich in the USA

Richard A. Benton, Lisa A. Keister, Hang Young Lee

Research output: Chapter in Book/Report/Conference proceedingChapter


Real estate is an important, but understudied, component of the portfolios of the super-rich. We explore the real estate ownership distribution and household traits associated with large real estate holdings in the USA. Using data from the Survey of Consumer Finances, we examine the factors that lead to top positions in the ownership of real estate. We find that top real estate owning households and other wealthy households do not uniformly overlap. Additionally, top wealth-owning households are more likely to have previously inherited assets, have higher educational attainment, and be self-employed. However, among households who own large amounts of real estate, real estate investment is associated with lower educational attainment and is not significantly associated with inheritance, occupational status, or family characteristics.

Original languageEnglish (US)
Title of host publicationContemporary City
Number of pages22
StatePublished - 2017

Publication series

NameContemporary City
ISSN (Print)2634-5463
ISSN (Electronic)2634-5471


  • Financial Asset
  • Real Estate
  • Real Estate Asset
  • Real Estate Investment
  • Real Estate Market

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Social Sciences (miscellaneous)
  • Urban Studies


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