Wednesday, October 26, 2016

DETROIT ?

Bankrate has published an article containing a table of the best cities in which to build wealth.  I guess San Francisco being the best is no surprise, but DETROIT the fifth best?  The table is interactive in the cited article.  A big fatcor in wealth building is the rapidity of increases in property values in addition to income inflation..

(Click on Table to enlarge)

If you want to estimate your net worth (or wealth) see: http://www.bankrate.com/calculators/smart-spending/personal-net-worth-calculator.aspx

http://www.bankrate.com/finance/savings/what-makes-cities-good-for-building-wealth.aspx

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