These Millionaires Can Afford Their Dream Home. They’re Renting Instead.
Lanna Apisukh for WSJ
George Goognin, the millionaire founder of a fintech startup, moved to the U.S. two years ago from Russia. He planned to rent while he searched for a place to buy in Silicon Valley. But after a monthslong househunt, he saw nothing he liked. So he moved on.
He looked for a home to buy in Miami, then in New York. At each stop, he was frustrated by what he considered a lack of suitable homes for sale.
