These Millionaires Can Afford Their Dream Home. They’re Renting Instead.

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. 

 

Source: https://www.wsj.com/economy/housing/these-millionaires-can-afford-their-dream-home-theyre-renting-instead-2cc86a73 

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